A. BOARD LEADERSHIP AND EFFECTIVENESS (CONT’D) I. Board Responsibilities (cont’d) 8. Code of Conduct, Code of Ethics and Code of Business Ethics (cont’d) The Group uphold these principles and values its dealings with employees, customers, suppliers, and business associates. The Directors, officers, and employees of the Group are required to observe, uphold and maintain high standards of integrity in carrying out their roles and responsibilities and to comply with the relevant laws and regulations as well as the Group’s policies. Ongoing training on the Code of Conduct, Code of Ethics, Code of Business Ethics and general workplace behaviour is provided to the Group’s employees to ensure that they continuously uphold high standard of conduct while performing their duties. In line with the Malaysian Anti-Corruption Commission (Amendment) Act 2018, the Group has established an Anti-Bribery and Anti-Corruption Framework that sets out the Group’s stance against bribery and corruption and adequate procedures for managing bribery and corruption risks in the Group’s businesses, regardless of the country of operation. Following the establishment of the Anti-Bribery and Anti-Corruption Framework, the Group has adopted the Anti-Bribery and Anti-Corruption Policy and Anti-Bribery Procedures for Managing Stakeholders. The Board is provided with guidance on disclosing conflict of interest and other disclosure information/ requirements to ensure that the Directors comply with the relevant regulations and practices. In order to address and manage possible conflicts of interest that may arise between Directors’ interests and those of the Group, the Group has put in place appropriate procedures including requiring such Directors to abstain from participating in deliberations during meetings and abstaining from voting on any matter in which they may also be deemed interested or conflicted. The Directors of the Group are also required to disclose and confirm their directorships and shareholdings in the Group and any other entities where they have interests for the Group’s monitoring on a half yearly basis or as and when required. Notices on the closed period for trading in the MYEG Shares are sent to Directors and Senior Management and the relevant employees on a quarterly basis specifying the timeframe during which they are prohibited from dealing in MYEG Shares, unless they comply with the procedures for dealings during closed period as stipulated in the MMLR of Bursa Securities. A copy of the Code of Conduct, Code of Ethics and Code of Business Ethics, Anti-Bribery and Anti-Corruption Policy and Anti-Bribery Procedures for Managing Stakeholders can be found on the Group’s website at https://www.myeg.com.my/investor-relations/governance. 9. Whistle Blowing Policy and Procedures The Group has adopted a Whistle Blowing Policy as the Board believes that a sound whistle blowing system will strengthen good management, and at the same time, demonstrate accountability, good risk management and support sound corporate governance practices. The policy encourages the reporting of any major concerns over any wrongdoings within the Group. The policy outlines the relevant procedures such as when, how and to whom a concern may be properly raised about genuine or suspected instances of wrongdoing at the Group. The identity of the whistleblower is kept confidential, and protection is accorded to the whistleblower against any form of reprisal or retaliation. All such concerns shall be set forth in writing and forwarded in a sealed envelope to either the Chairman of the AC, the Group Managing Director or Head of the Human Resource Department. Besides the abovementioned policies, the Group has also put in place the following: r $PSQPSBUF %JTDMPTVSF 1PMJDJFT BOE 1SPDFEVSFT r %JSFDUPST BOE 4FOJPS .BOBHFNFOU T 3FNVOFSBUJPO 1PMJDZ r %JSFDUPST "TTFTTNFOU 1PMJDZ r )VNBO 3JHIUT 1PMJDZ r *OTJEFS %FBMJOH 1PMJDZ r /PO %JTDSJNJOBUJPO BOE &RVBM &NQMPZNFOU 0QQPSUVOJUZ 1PMJDZ r 3JTL .BOBHFNFOU 1PMJDZ r 4IBSF #VZ #BDL 1PMJDZ r 4BGFUZ BOE )FBMUI 1PMJDZ r %JSFDUPST 'JU BOE 1SPQFS 1PMJDZ r 4VDDFTTJPO 1MBOOJOH 1PMJDZ r *OEFQFOEFOU %JSFDUPST 5FOVSF 1PMJDZ CORPORATE GOVERNANCE STATEMENT (cont’d) 124
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