CORPORATE GOVERNANCE OVERVIEW STATEMENT The Board of Directors (“the Board”) of Matrix Concepts Holdings Berhad (“Matrix” or “the Group”) remains committed to upholding and enhancing corporate governance within the organisation. The Board views the practice of good corporate governance as integral to business and operational sustainability and stakeholder value creation in the short, medium and long-term perspectives. This Corporate Governance Overview Statement (“CG Overview Statement”) provides an overview of the Group has conঞnued to refine and enhance its pracঞce of corporate governance based on the following principles: • Board leadership and effecঞveness; • Effecঞve audit and risk management; and • Integrity in corporate reporঞng and meaningful relaঞonship with stakeholders. Addiঞonal corporate governance informaঞon is provided in the Group’s standalone Corporate Governance Report (“CG Report”) which is available for download at: www.mchb.com.my. The CG Report is also available on the website of Bursa Malaysia Securiঞes Berhad (“Bursa Malaysia”) as it is disclosed to the Exchange together with the IAR2025. The CG Report provides specific disclosure on how Matrix has applied the corporate governance pracঞces outlined in the Malaysian Code on Corporate Governance (“MCCG”) 2021. PRINCIPLE A: BOARD LEADERSHIP AND EFFECTIVENESS BOARD RESPONSIBILITIES As the highest governance and decision-making body of the Group, Matrix’s Board of Directors are responsible for providing leadership and broad strategic direcঞon. The Board is also responsible for seমng the tone from top for the implementaঞon and pracঞce of good governance across the organisaঞon and the development of an organisaঞonal culture where transparency, accountability, good ethics and principles remain the norm for the Group. The Board is of the view that good corporate governance is essenঞal towards the realisaঞon of business strategies and objecঞves and in improving its performance based on a triple boom line perspecঞve of economic, environmental and social material topics. The creaঞon of financial and non-financial values is inherently linked to the pracঞce of good corporate governance across Matrix. The Board is guided by the Company’s Consঞtuঞon and its Board Charter as well as the supporঞng Board Commiees’ Terms of Reference (“TOR”) towards the effecঞve discharge of its fiduciary duঞes. The Board Charter and TOR are regularly updated to ensure its relevance in tandem with changes in the internal company environment as well as the external operaঞng environment. The Statement of Directors’ Responsibility is enclosed on page 139 of this IAR2025. BOARD CHARTER The Matrix Board Charter sets out the following: • Board balance and composiঞon • Board’s authority and schedule of maers reserved for the Board • The establishment of Board Commiees • Processes and procedures for convening Board meeঞngs • Process for the assessment of the Board’s performance • Board’s access to informaঞon and advice • Declaraঞon of conflicts of interest • Roles and responsibiliঞes of the Chairman of the Board and that of independent and non-independent as well as execuঞve and non-execuঞve directors, which also includes limits of authority. MATRIX CONCEPTS HOLDINGS BERHAD INTEGRATED ANNUAL REPORT 2025 114 06 OUR GOVERNANCE
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