65 ANNUAL REPORT 2024 MST GOLF GROUP BERHAD Upholding Labour Standards and Human Rights Guided by international labour standards such as the Universal Declaration of Human Rights and the UN Guiding Principles on Business and Human Rights, MST Golf is committed to protecting labour rights and upholding ethical employment practices across our operations. As global sustainability and climate challenges continue to evolve, strong labour standards are critical in building workforce resilience, ensuring fair transitions in industries affected by climate change, and preventing exploitative labour practices that may arise from resource scarcity and economic shifts. Ensuring a Safe and Ethical Workplace To uphold ethical workplace practices, MST Golf enforces strict Group-wide anti-discrimination and anti-harassment policies, ensuring that all employees work in a safe and respectful environment, such as the Child Labour & Forced Labour Policy, Equal Opportunity Policy, and Anti-Sexual Harassment Policy. In 2024, MST Golf recorded zero substantiated complaints of human rights violations and harassment incidents, reflecting the effectiveness of our compliance frameworks. We will also continue strengthening employee protections through confidential whistleblowing channels, as highlighted in the Whistleblowing Policy, where employees can report any labour rights violations, misconduct, or unethical practices without fear of retaliation. Non-Discrimination and Harassment 2023 2024 Number of substantiated complaints concerning human rights violations 0 0 Number of discrimination cases reported 0 0 Number of harassment cases reported 0 0 Child Labour and Forced Labour MST Golf maintains a zero-tolerance policy for child and forced labour, ensuring transparency in recruitment and employment practices. In 2024, no cases of child or forced labour were identified, and risk assessments confirmed that none of the Group’s operations pose significant risks related to child and forced labour and hazardous work for young employees. Child Labour and Forced Labour 2023 2024 Number of child labour incidents reported 0 0 Number of forced labour incidents reported 0 0 Fair Wages, Compensation, and Working Hours MST Golf is committed to ensuring fair wages, equitable compensation, and responsible working conditions per all applicable labour laws in the countries where we operate. All employees, regardless of gender or employment status, receive at least the national minimum wage, with a 1:1 entry-level wage ratio between male and female employees. Beyond minimum wages, our compensation framework includes structured pay, performance-based incentives, and benefits to attract and retain talent. We also maintain responsible working hours, with regulated schedules, rest days, and management-approved overtime that is fairly compensated according to legal standards. By maintaining fair compensation, balanced working hours, and structured overtime policies, MST Golf ensures that employees are treated equitably while supporting business sustainability and workforce retention. We will continue refining our compensation and working hour policies to enhance employee satisfaction, improve work-life integration, and strengthen our position as a responsible employer in the golf retail and services industry.
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