GOOD GOVERNANCE SUSTAINABLE ECONOMIC GROWTH ENVIRONMENTAL STEWARDSHIP EMPOWERING PEOPLE AND COMMUNITIES APPENDIX 103 KENANGA INVESTMENT BANK BERHAD SUSTAINABILITY REPORT 2024 BASIS OF THIS REPORT OUR APPROACH TO SUSTAINABILITY KENANGA AT A GLANCE LEADERSHIP STATEMENTS 102 Advancing Financial Access with Digital Innovation Kenanga actively utilises digital platforms to democratise access to financial solutions and in doing so, promote financial inclusivity. FUTURE OUTLOOK Kenanga’s financial inclusion strategy leverages innovation to address access gaps and drive socio-economic growth. Looking ahead, Phase 2 of KDi GO will introduce AI-driven personalisation, refining user experience and deepening customer engagement. This next evolution of the platform will harness data-driven intelligence to offer tailored investment strategies, intuitive financial planning tools, and an even more seamless digital experience. Kenanga Digital Investing (“KDI”), launched in 2022, is transforming the investment landscape with its cutting-edge, AI-driven robo-advisor. Offering personalised investment advice at scale, KDI is reshaping how individuals approach wealth management. KDI Save delivers a powerful, accessible savings solution with daily returns, zero lock-in period, and no management fees— perfect for those at the beginning of their financial journey. Meanwhile, KDI Invest provides users with seamless access to global investment opportunities, with a low entry point of just RM100, giving them the flexibility to invest and withdraw at their convenience, all at competitive, transparent fees. As we pursue our goal of reaching underserved and markets, the impact is clear. As of December 2024, nearly 50% of our clients are women, 50% are from outside the Klang Valley, and 90% of our users come from the B40 and M40 income groups. These results demonstrate our commitment to financial inclusion, providing an untapped and diverse demographic with the necessary tools to manage and grow their wealth. Reaching the Underserved: Transforming Financial Inclusion A significant milestone in our digital transformation, KDi GO was launched in 2024 as an all-in-one financial SuperApp aimed at transforming how individuals manage their finances. More than just a platform, KDi GO reflects our commitment to making wealth management more accessible, breaking down traditional barriers to financial services, and fostering greater financial inclusion. Developed in collaboration with Ant Digital Technologies, KDi GO uses the Mobile Platform-As-A-Service solution to provide a seamless user experience. For the first time, investors can access a wide range of financial solutions—from AI-driven robo-advisory tools and retail payments to money remittance—all within one easy-to-use application. By integrating services like equity broking, unit trusts, fixed deposits, and even alternative assets such as cryptocurrencies, KDi GO empowers users to take charge of their financial future with confidence and ease. With KDi GO, we are not just introducing a platform but establishing a new approach to financial management. Our goal is clear: to make investing more efficient, simplify financial management, and make wealth creation accessible to all. The Launch of All-in-One Financial SuperApp - KDi GO YEAR-ON-YEAR ESG PERFORMANCE TABLE GOOD GOVERNANCE Compliance Online Training Module Summary Number of Employees Who Participated Total Training Hours Recorded 2022 2023 2024 2022 2023 2024 Anti-Bribery and Corruption 1,134 1,160 1,150 1,757.5 496.5 379.2 AML/ CFT/ TFS 1,134 1,160 1,150 2,835.0 2,994.8 3,048.8 Anti-Fraud 1,134 1,160 1,150 5,613.3 5,523.2 1,970 ARS Assessment 2022 2023 2024 Number of Employees Participated 1,161 1,160 1,150 Number of Employees Who Scored 80% and Above 1,132 1,152 1,076 SUSTAINABLE ECONOMIC GROUP Supporting Our Local Suppliers 2022 2023 2024 Total Procurement Spent on Local Businesses (RM) 65.9 mil 81.5 mil 112.1 Total Procurement Spent on Local Businesses (%) 76% 82% 83% ENVIRONMENTAL STEWARDSHIP Managing Our Climate Impact 2022 2023 2024 Total Fuel Consumption & Scope 1 - Direct GHG Emissions Total Fuel Consumption (litres) 17,059.1 18,209.1 17,382.0 Total Energy Consumption - Fuel Consumption (GJ) 571.5 610.0 587.9 Scope 1 Direct GHG Emissions (tCO2e) 40.6 43.4 42.0 Total Purchased Electricity & Scope 2 - Indirect GHG Emissions Total Purchased Electricity Consumption - KT (kWh) 2,778,813 2,902,979 3,083,435 Total Purchased Electricity Consumption - Branches (kWh) 2,031,972 2,313,653 2,090,249 Total Energy Consumption - Purchased Electricity (GJ) 17,318.8 18,779.9 18,625.3 Scope 2 Indirect GHG Emissions - KT (tCO2e) 2,106.3 2,200.5 912.5 Scope 2 Indirect GHG Emissions - Branches (tCO2e) 1,178.5 1,395.6 1,313.7 Total Scope 2 Indirect GHG Emissions - KT and Branches (tCO2e) 3,284.8 3,596.1 2,226.2 Scope 3 - Other Indirect GHG Emissions Category 6 – Business Travel (tCO2e) 210.9 444.8 532.7 Category 7 – Employee Commuting (tCO2e)* - 4,320.4 3,841.0 Category 15 – Investments Portfolio Emission (tCO2e)** - - 2,145,968.2 Financed Emission (tCO2e)** - - 111,278.3 Facilitated Emission (tCO2e)** - - 38,509.9 * Collection of data began in FY2023 ** Collection of data began in FY2024 EMPOWERING PEOPLE AND COMMUNITIES
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