GOVERNANCE AUDIT COMMITTEE REPORT The Board is pleased to present the AC Report for the FY2025. The AC serves as a key oversight committee, assisting the Board in discharging its statutory and fiduciary responsibilities, in particularly, financial reporting, internal controls, and risk management, alongside ensuring strict adherence to regulatory requirements. The AC is committed in safeguarding the integrity and reliability of the Group’s financial statements, ensuring full compliance with the Malaysian Financial Reporting Standards and MMLR of Bursa Securities. Furthermore, the AC provides independent oversight on both internal and external audit functions, reinforcing the Group’s governance framework while promoting a culture of transparency and institutional accountability. AUDIT COMMITTEE AT A GLANCE Members During FY2025, the AC comprised three (3) members, all of whom are Independent Non-Executive Directors. This composition ensures robust and impartial oversight in full compliance with Paragraph 15.09(1) of the MMLR of Bursa Securities. In line with regulatory standards, the AC provides the following safeguards: • Financial expertise: at least one (1) member is a qualified accountant and a member of the Malaysian Institute of accountants (MIA), ensuring specialized financial literacy during deliberations. • Independence: Only Independent Non-Executive Directors on the AC, reinforcing the AC’s commitment to direct accountability and consistent governance. For FY2025, the AC members were as follows: Name of AC Members Position Wong Kok Chau Chairman, Independent Non-Executive Director Dato’ Othman bin Semail (Appointed as AC member on 22 April 2025) Member, Independent Non-Executive Director Mohaini binti Mohd Yusof Member, Independent Non-Executive Director Datuk Mohd Jimmy Wong bin Abdullah (Ceased as AC member on 22 April 2025) Member, Non-Independent Non-Executive Director All members of the AC are financially literate and possess the requisite skills to analyse and interpret financial statements effectively. Their collective expertise ensures the AC discharges its duties with precision, providing robust oversight of the Group’s financial reporting and internal control systems. This proficiency is instrumental in safeguarding the Company’s interests, upholding transparency, and reinforcing stakeholder confidence in the integrity of our financial disclosures. 181
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