As at the date of this Statement, the Risk Management and Sustainability Committee comprises the following members: Name Position Designation Ms Alice Dora Boucher Chairman Independent NonExecutive Director Madam Vivienne Cheng Chi Fan Member Independent NonExecutive Director Datuk Wira Lye Ek Seang Member Independent NonExecutive Director Ms Emelia Binti Matrahah (Appointed on 4 March 2025) Member Independent NonExecutive Director Mr Din Tan Yong Chia (Appointed w.e.f. 19 March 2024) Member Group MD Mr Jared Ang Tzer Shen Member Group Non- Independent NonExecutive Director The responsibilities of the Risk Management and Sustainability Committee for risk and sustainability oversight include, amongst others, to ensure that sustainability and risk management frameworks are embedded and consistently adopted throughout the Group, provision of oversight on sustainability initiatives in line with the purpose, values and strategy of the Group as well as environment, social and governance (“ESG”) and to ensure compliance with external requirements. The Risk Management and Sustainability Committee held five (5) meetings during FY2024 to review the quarterly risk profiles of the Group. Risk Management and Internal Control The Board has overall responsibility for maintaining a sound system of internal controls which includes financial, operational, compliance, and risk management control to safeguard shareholders’ interests and the Company’s assets. The Group’s system of internal control is regularly reviewed to ensure its effectiveness. While acknowledging its responsibility for the system of internal control, the Board is aware that such system cannot totally eliminate risks and thus, can never be an absolute assurance against the Group’s failure to achieve its objectives. The Group’s Statement on Risk Management and Internal Control for FY2024 is set out on pages 211 to 215 in this Annual Report. PRINCIPLE C: INTEGRITY IN CORPORATE REPORTING AND MEANINGFUL RELATIONSHIP WITH STAKEHOLDERS Communications with Shareholders and Relationship with Investors The Group recognises and practices transparency and accountability to its shareholders and investors. As such, the Group ensures timely dissemination of information through appropriate channels of communication to the shareholders and investors to ensure that they are properly informed of major developments of the Group. Such information is communicated to them through the annual reports, press releases and the various disclosures and announcements made to Bursa Securities from time to time, including the quarterly and annual results. These information and documents are accessible on Bursa Securities’ website at https://www.bursamalaysia.com or the Company’s website at https://www.tropicanacorp.com.my/bursaannouncements. The Company attends to the requests of analysts and fund managers for briefings from time to time. Tropicana’s website at https://www.tropicanacorp.com.my also provides an avenue for shareholders and members of the public to access information pertaining to the Group, which is being updated regularly. General Meetings The Company’s AGMs are the principal forum for dialogue and interaction with its shareholders at which the shareholders are annually informed and updated on current developments of the Group. The Board presents an overview of the performance of businesses in the Group and encourages shareholders to participate in the question and answer sessions. The Board members, Senior Management and the Company’s External Auditors as well as advisors, if applicable, are present to respond to the shareholders’ questions during the meeting. The notice and agenda of the AGM together with the proxy form are given to shareholders at least twenty-eight (28) days before the AGM of the Company, which gives shareholders sufficient time to prepare themselves to attend the AGM of the Company or to appoint a proxy to attend and vote on their behalf. Each item of special businesses included in the notice of AGM is accompanied by an explanatory statement for the proposed resolution to facilitate the full understanding and evaluation of the issues involved. 208 ANNUAL REPORT 2024
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