71 ROBUST CORPORATE GOVERNANCE SUSTAINABILITY STATEMENT CORPORATE GOVERNANCE AND ANTI-CORRUPTION Corporate governance and anti-corruption measures serve as foundational pillars of ethical business practices and long-term sustainability. Effective corporate governance ensures that our operations are conducted with adherence to regulatory frameworks, allowing us to build the REIT’s reputation and foster trust among our stakeholders. Our anti-corruption measures reinforce ethical governance, creating an environment where resources are efficiently allocated and decisions are merit-based. Our Approach Internal Standard Operating Procedures (“SOPs”) play a pivotal role in maintaining seamless daily operations at Al-Salām REIT, covering areas such as business growth, internal controls, risk management, compliance, IT, talent management, finance and operations. We also established the Manager’s Code of Conduct and Business Ethics (“the Code”) to delineate the expected conduct for all employees and associates, along with disciplinary measures for noncompliance. The Whistleblowing Policy and the Anti-Bribery and Anti-Corruption Policy ("ABAC Policy") are disseminated through various channels, including email, briefings, training sessions and posters. The Whistleblowing Policy has been revised to align with JCorp standards, ensuring confidentiality, impartial evaluation and appropriate action against malicious reports, adhering to the Whistleblowers Protection Act 2010. Al-Salām REIT complies with the Malaysia Anti-Corruption Act of 2009 and has implemented the ABAC Policy, and the No-Gift, NoEntertainment Policy. Further initiatives include refresher briefings, integrity pledges from service providers and ongoing risk assessments, contributing to the REIT's regulatory compliance and a corruption-free environment. Our Performance I. Anti-Corruption Training In FY2023, Al-Salām REIT documented a 96% employee participation rate in anti-corruption training initiatives, highlighting broad engagement and heightened awareness. Particularly noteworthy was the management team's 100% attendance rate to all training sessions. Meanwhile, 93% of non-management staff engaged in anti-corruption training. 25 2021 2022 2023 25 1 24 1 17 0 2021 2022 2023 18 1 13 1 8 2021 7 11 2022 2023 Attended Not Attended Attended Not Attended Attended Not Attended % of Anti-Corruption Training Attended by Employee % of Anti-Corruption Training Attended by Management % of Anti-Corruption Training Attended by Non-Management
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