147 BOARD SUSTAINABILITY COMMITTEE REPORT CORPORATE GOVERNANCE MEETINGS AND ATTENDANCE Number of Meetings Held and Details of Attendance The BSC shall meet at least four times annually or such other intervals as the Committee shall decide, of which one-third of the attendance of the committee present shall form a quorum. The BSC held two regular meetings during the FY2023 which were attended by all members. During the financial year, the details of attendance are as follows: Terms of Reference The duties and responsibilities of the BSC are set out in its Terms of Reference, which is accessible in the Corporate Governance section, on the website at www.alsalamreit.com.my. SUMMARY OF WORK CARRIED OUT DURING THE FINANCIAL YEAR Following our strategic planning cycle, the REIT conducts a comprehensive materiality analysis every three years, to identify, understand and prioritise the economic, environmental, and social matters that are significant to our business and stakeholders. The materiality assessment approach represents a core component of the sustainability management process as it helps to align business strategies, performance management, and reporting. The BSC also carries out an annual pulse check on the material matters to ensure the issues identified reflect evolving stakeholder priorities and value/impact creation potential, as well as anticipate relevant megatrends. The latest comprehensive materiality assessment was conducted in the year under review. In summary, the BSC has carried out the following work during the FY2023 in the discharge of its functions and duties: 1. Discussed the assessment of Common and Sector Specific Material Sustainability Matters as per requirements under the Bursa’s Sustainability Reporting Guide and monitor and track the ESG initiatives under the identified categories. 2. Reviewed and evaluate ESG-related risk including climate change risks via assessment of environmental, economic, and social impact by monitoring the use of resources, waste management, and biodiversity impacts (if any) in its acquisition, AEI, expansion and upgrading of existing assets, selection of tenants and vendors, etc. 3. Monitored Health and safety including the physical and mental well-being of the employees, part-time employees, and contractors as well as the security of the Company’s assets. 4. Reviewed policies including ethnic and gender diversity (as per the Company’s policy on diversity and inclusion) at the workplace and Boardroom. 5. Supported a healthy working environment by promoting a work-life balance and mental health. 6. Encouraged giving-back programmes to communities including community volunteerism and charitable donations. No BSC Members Date of Meetings 17 Aug 2023 15 Nov 2023 1 Lailatul Azma binti Abdullah 2 Datuk Hashim bin Wahir 3 Ng Yan Chuan
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