63 ANNUAL REPORT 2024 MST GOLF GROUP BERHAD Employee Compensation Ratio 2023 2024 The median annual total compensation for all employees (excluding CEO, Singapore and Indonesia) 35,239 38,640 The ratio of the annual total compensation for the CEO to the median annual total compensation for all employees (excluding the CEO, Singapore and Indonesia) 35:1 28 :1 The ratio of the percentage increase in annual total compensation for the CEO to the median percentage increase in annual total compensation for all employees (excluding the CEO) 2.43:1 N/A In 2024, the basic salary ratio of women to men varied across job levels, with women in senior leadership positions earning 9.2% to 9.8% less than their male counterparts, while first-level management and non-management roles showed smaller differences. MST Golf is committed to further reducing gender pay gaps through structured salary reviews, transparent career progression frameworks, and inclusive talent development initiatives. Ratio of Basic Salary and Remuneration of Women to Men (Malaysian Employees Only) 2023 2024 Men Women Men Women Management Committee 0.31 1.69 0.80 1.20 Senior Management 1.00 1.00 0.90 1.10 First Level Management 1.11 0.89 1.10 0.90 Non-Management 1.04 0.96 0.80 1.20 New Employee Hires In 2024, MST Golf adopted a more selective hiring approach, with new hires decreasing from 190 in 2023 to 127 in 2024, reflecting a more strategic focus on workforce efficiency. The most significant reductions were seen in male hires (down by 32%) and hires within the 30-50 age group (a 50% drop). New Employee Hires by Gender 2023 2024 Number Rate Number Rate Male 111 16.89% 75 11.50% Female 79 12.02% 52 7.98% New Employee Hires by Age Group 2023 2024 Number Rate Number Rate <30 years 107 16.29% 78 11.96% 30-50 years 77 11.72% 38 5.83% >51 years 6 0.91% 11 1.69% New Employee Hires by Region 2023 2024 Number Rate Number Rate Malaysia 115 17.50% 55 8.44% Singapore 24 3.65% 20 3.07% Indonesia - - 52 7.98%
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