Upholding Good Governance and Economic Resilience Press Metal Aluminium Holdings Berhad SECTION 5 • DELIVERING SUSTAINABLE VALUE FOR OUR STAKEHOLDERS 106 WHY IT MATTERS ? OUR APPROACH All of our policies are publicly accessible on our website: https://pressmetal.com/investor-relations/corporate-governance. Code of Conduct and Code of Ethics The CoC and CoE establish clear expectations for ethical behaviour among directors, management, and employees. The CoC fosters a corporate culture built on accountability, integrity, and fairness, while the CoE offers a structured approach for addressing ethical issues and reporting misconduct, including resolutions for conflict-of-interest situations. Both Codes stress the importance of loyalty and honesty in all actions taken by representatives of the Group. The CoC and CoE were adopted in 2019 and undergo regular reviews, with approved updates published on the Company’s website. BUSINESS ETHICS AND CORPORATE GOVERNANCE GRI 2-15, GRI 2-16, GRI 2-22, GRI 2-23, GRI 2-24, GRI 2-25, GRI 2-26, GRI 3-3, GRI 205-1, GRI 205-2, GRI 205-3, GRI 206-1, GRI 415-1 Capitals SDGs M2 SR At Press Metal, business ethics and corporate governance are integral to our operations. By adhering to established robust governance principles and ethical standards, we build trust and confidence among stakeholders, strengthen relationships and foster a positive reputation. These principles also mitigate the risk of encountering legal or financial penalties, reputational harm or other adverse consequences, thereby safeguarding our credibility and integrity. As a group of companies with global presence, Press Metal is committed to uphold the highest standards of ethics and compliance across our operations and value chain. Maintaining these principles is essential to securing long-term success. Any non-compliance could expose the Group to legal challenges and undermine our ability to operate, making it vital to uphold the integrity of our business at all times. Instituting Ethical Governance Practices and Policies Press Metal aims to creating a positive impact through responsible business conduct, underpinned by integrity and high ethical standards. The Board plays a pivotal role in setting corporate governance standards and policies, as outlined in the Board Charter, while the Group CEO oversees the implementation of these policies at the Group level. These policies are then executed at the entity level through appointed management representatives, ensuring alignment with our overarching principles across all operations. Our commitment to ethical business practices is embodied in a set of policies, including the CoC, CoE, Whistle-Blowing Policy, COI Policy, and ABAC Policy. These policies were designed to foster ethical behaviour, ensure legal compliance, and promote integrity, professionalism, and robust governance across every aspect of our operations. In addition to the above-mentioned policies, the following have also been established: Audit & Tax Policy Sustainability Policy Corporate Disclosure Policy Directors’ & Key Senior Management Remuneration Policy Diversity Policy Succession Planning Policy Directors’ Assessment Policy Responsible Sourcing Policy ESG-Linked Executive Incentive Remuneration Framework
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