statement on risk management and internal control The Company’s ERM Framework and processes are summarised in the flow chart as follows:- STRATEGIC AND OPERATIONAL PLANNING PROCESS Seমng Vision, Mission and Objecঞves Strategy Formulaঞon and Implementaঞon Commit and Mandate Standard Procedures and Guidelines Review Strategy and Feedback Update Strategy Allocate and Organise - Risk Management Working Group RISK MANAGEMENT PROCESS RISK ASSESSMENT Idenঞfy Risk Analyse Risk Evaluate Risk RISK TREATMENT Idenঞfy and Select Treatment Opঞons Risk Treatment Plan ESTABLISH CONTEXT External, Internal Context of Risk Risk Appeঞte, Risk Tolerance Risk Criteria Control Effecঞveness Criteria MONITORING, REVIEW AND REPORTING Roles and Responsibiliঞes Monitoring Tools and Processes MATRIX’S ERM FRAMEWORK 1 2 3 4 133 MATRIX CONCEPTS HOLDINGS BERHAD INTEGRATED ANNUAL REPORT 2025 06 OUR GOVERNANCE
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