MATERIAL TOPICS BRIBERY AND CORRUPTION Anti-Bribery and Anti-Corruption At Kimlun Group, we are firmly committed to conducting business with integrity, transparency, and accountability. To uphold this commitment, the Board has established a comprehensive Anti-Bribery and Anti-Corruption Policy (“ABAC Policy”), which applies not only to our Directors and employees but also extends to business associates, including contractors, suppliers, consultants, agents, representatives, and service providers who perform services for or on behalf of the Group. The ABAC Policy, which is available on Kimlun’s corporate website at www.kimlun.com, reinforces our zerotolerance stance against bribery and corruption. It provides clear guidance on high-risk transactions and activities, including: • Gifts, entertainment, and hospitality • Donations and sponsorships • Facilitation payments • Dealing with public officials • Conflict of interest situations To ensure the effective management of corruption risks, we have established a dedicated anti-bribery and anticorruption compliance function. This function oversees the anti-bribery management system and provides advice and guidance. We adopt a risk-based approach to anti-bribery and anti-corruption by conducting corruption risk assessments to identify and prioritize risk areas, which are also incorporated into the Group’s annual risk assessment process. All business divisions within Kimlun Group have been assessed for corruption risks, and various risk mitigation controls are implemented based on the level of risk identified. The ABAC Policy is actively communicated to all our Board of Directors, employees, and selected business associates operating in high-risk areas. Additionally, anti-bribery and anti-corruption training is provided to individuals exposed to higher corruption risks, ensuring they are well-equipped to uphold ethical business practices. Percentage of Employees Who Have Received Training on Anti-corruption by Employee Category Employee Category (Local employees only) FY2024 FY2023 Senior Management 3.70% 100% Management 20.69% 83.93% Executive 0.29% 95.71% Non-executive 13.39% 18.23% Total 10.05% 44.61% Kimlun remains committed to ethical business practices by mandating anti-bribery and corruption training for all new employees, as well as conducting refresher training whenever there are updates to Section 17A of the Malaysian AntiCorruption Commission (MACC) Act. A training session is already planned for FY2025 to ensure continued awareness and compliance. Percentage of Operations Assessed for Corruption-related Risks FY2024 FY2023 Percentage of operations assessed for corruption-related risks 100% 100% GOVERNANCE SUSTAINABILITY STATEMENT 032
RkJQdWJsaXNoZXIy NDgzMzc=