64 MY E.G. SERVICES BERHAD Registration No. 200001003034 (505639-K) MYEG’S CORPORATE GOVERNANCE POLICIES MYEG is committed to fostering accountability, integrity and ethical conduct at all levels of the organisation by adhering to best practices of corporate governance. MYEG recognises that good corporate governance is important in mitigating risks, providing a strong foundation for long term success, increasing investor confidence and enhancing brand reputation. Conversely, poor corporate governance can diminish the value and reputation of the Group. The Board recognises the importance of corporate governance and is committed to ensure that the principles and best practices in corporate governance as set out in the MCCG and Corporate Governance Guide (4th Edition) are observed and practised throughout the Group. Therefore, in addition to the sustainability governance structure, MYEG’s corporate governance and sustainability governance approach are also guided by the following policies: Category Policy Sustainability Environmental Policy Human Rights Policy Non-Discrimination and Equal Employment Opportunity Policy Safety and Health Policy Sustainability Policy Statement of Commitment to Addressing Climate Change Risks and Impacts Corporate Governance Board Charter Code of Conduct Code of Ethics Code of Business Ethics Corporate Disclosure Policies and Procedures Conflict of Interest Anti-Bribery Procedures for Managing Stakeholders Anti-Bribery and Anti-Corruption Policy Whistle Blowing Policy Risk Management Policy Directors and Senior Management’s Remuneration Policy Directors Assessment Policy Directors’ Fit & Proper Policy Independent Directors’ Tenure Policy Insider Dealing Policy Succession Planning Policy Share Buyback Policy Terms of reference of Risk Management Committee Terms of reference of Remuneration Committee Terms of reference of Nomination Committee Terms of reference of Audit Committee Terms of reference of Sustainability Working Group Terms of reference of Employees’ Share Option Scheme Committee At MYEG, there is a separation of positions and roles of the chairman and GMD. When it comes to remuneration of senior executives, MYEG has a Directors and Senior Management Remuneration Policy. MYEG remains committed to rotating its auditor-in-charge during the commencement of each audit cycle, with each cycle using a different audit person. Despite Malaysia entering the endemic phase of the COVID-19 situation, auditor visits are still carefully scheduled to maintain the health and safety of the auditor involved. Full disclosure on the policies above can be downloaded from our Investor Relations portal at https://www.myeg.com.my/investor-relations/governance. These policies are annually evaluated to maintain its durable efficacy, or amended if there are updates by relevant regulatory bodies or Acts. SUSTAINABILITY GOVERNANCE (cont’d)
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