strategies employed – risks and opportunities identification MATERIAL TOPIC RISKS AND OPPORTUNITIES TYPE/ NATURE OF/ LIKELIHOOD RISK/ IMPACT SEVERITY AND TIMEFRAMES ISSB AND SASB DISCLOSURES AntiCorruption Risks Matrix’s no compromise, zero tolerance stance towards corrupঞon has enabled a conঞnued track record of zero reported corrupঞon incidents. The Group conঞnues to remain vigilant against all forms of corrupঞon within its operaঞons as well as with engagements/ relaঞonships with external stakeholders. This is to prevent reputaঞonal loss, and impacted brand image which could also lead to issues of inability to hire and retain talent. Vigilance is essenঞal as corrupঞon can also erode investor confidence, lead to inefficiencies in the supply chain, promote non-compeঞঞveness and the erosion of an organisaঞonal culture and governance system based on merit. Ulঞmately, corrupঞon has a trickle-down effect on the quality of products and services and customer saঞsfacঞon, and financial performance. C/G FIN OP REP UL RS4 SHO LT Zero whistleblowing reports received annually Zero fines incurred for corrupঞon 2,207 suppliers having acknowledged on AnঞBribery and Anঞ-Corrupঞon (“ABAC”) Policy 100% of employees have received anঞ-corrupঞon training to date Opportunities The unwavering focus on preserving a corrupt-free environment, beyond just reducing risks exposures, also may uncover opportuniঞes to strengthen corporate governance and to adopt best pracঞces in terms of management and operaঞons of the Group. Focusing on anঞ-corrupঞon also enables a larger scale impact as external stakeholders, notably suppliers are also roped in to progressively strengthen their approaches with regard to anঞ-corrupঞon. A strong anঞ-corrupঞon track record also helps with enhancing organisaঞonal culture and in strengthening corporate branding and improving employee morale. It is also advantageous when looking to recruit and retain employees. C/G FIN OP REP IL3 Matrix conঞnues to subscribe to a no-compromise, zero tolerance policy to corrupঞon in all forms. This is clearly sঞpulated in the Group’s ABAC policy which serves as the basis for the Group’s governance of anঞ-corrupঞon across the organisaঞon as well as across supply chains. This policy is designed to ensure compliance with the Malaysian Anঞ-Corrupঞon Commission Act 2009 and the Malaysian Anঞ-Corrupঞon Commission (Amendment) Act 2018. The Board and Senior Management of Matrix consistently oversee the implementaঞon of Matrix’s ABAC policy and monitor the Group’s whistleblowing channel. Compliance to Matrix’s ABAC is extended to the Group’s vendors and suppliers. Anঞ-corrupঞon clauses have been included in all contract documents. A whistleblowing channel has been established for any stakeholder to use to raise any concerns or suspicions of corrupঞon. The Group has not presently developed any esঞmaঞons on the potenঞal financial cost of corrupঞon to the business operaঞons. This includes loss of revenues, staff ariঞon, brand reputaঞon and credibility and also potenঞal loss of compeঞঞveness due to corrupঞon especially within supply chains. However, the present safeguards established and the conঞnued high level of vigilance pracঞced Group wide and the conঞnued achievement of zero corrupঞon cases recorded affirms Matrix’s robust approach and its effecঞveness in ensuring corrupঞon free operaঞons. 91 MATRIX CONCEPTS HOLDINGS BERHAD INTEGRATED ANNUAL REPORT 2025 05 VALUE CREATION STRATEGIC REVIEW
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