KENANGA INVESTMENT BANK BERHAD SUSTAINABILITY REPORT 2024 BASIS OF THIS REPORT OUR APPROACH TO SUSTAINABILITY KENANGA AT A GLANCE GOOD GOVERNANCE LEADERSHIP STATEMENTS SUSTAINABLE ECONOMIC GROWTH ENVIRONMENTAL STEWARDSHIP EMPOWERING PEOPLE AND COMMUNITIES APPENDIX 37 36 Percentage of Employees Who Participated in Anti-Corruption Training by Employee Category in 2024 93.8% Key Management 90.7% Senior Management 94.8% Middle Management 37.4% Non-Executive 86.7% Junior Management Leading The Fight Against Fraud Number of Employees Participated 1,150 1,160 1,161 2024 2023 2022 Number of Employees Who Scored 80% and Above 1,076 1,152 1,132 2024 2023 2022 E-Test Outcomes The Group successfully hosted its inaugural Compliance Awareness Week, themed “Navigating Compliance Together – Embrace, Empower & Excellence”, aimed at reinforcing its commitment to regulatory compliance and ethical conduct. The two (2)-day event, attended by nearly 200 employees, featured a keynote session by Lee Ching Lai, Assistant Commissioner of Royal Malaysian Police on “Combatting Online Scams”, highlighting the growing threat of online fraud and the need for vigilance in protecting both personal and corporate security. Muhd Syazni Idris from the Securities Industry Development Corporation (“SIDC”) also delivered a session on “Compliance – Everyone’s Game”, emphasising the shared responsibility for compliance at all levels of the organisation. The event included interactive activities like the “Memory Game” and “Spoon Race Challenge”, designed to engage participants and reinforce key compliance principles in a fun, team-oriented setting. The event culminated in a prize-giving ceremony, recognising the top teams for their outstanding participation. This initiative reinforced Kenanga’s dedication to embedding compliance as a core value within its corporate culture, ensuring employees are equipped to uphold the highest standards of governance and ethics. Inaugural Compliance Awareness Week: Upholding Integrity Through Knowledge and Engagement Sri Panglima Haji Azam bin Baki, Chief Commissioner of the Malaysian Anti-Corruption Commission (“MACC”), delivering the keynote speech. Featured activities also included the signature FAW games and educational seminars led by experts in fraud prevention and financial crime. The 2024 FAW Games showcased a diverse array of interactive quizzes and anti-fraud activities, marking another milestone year with a 14% increase in participation, from 219 registered teams the previous year to 250 teams. As part of this year’s FAW, Kenanga introduced a video contest on Scam Awareness, reinforcing its commitment to fostering vigilance and ethical conduct in the fight against fraud. Open to both the public and Kenanga employees, the contest provided a creative platform to educate and raise awareness about scams while expanding outreach and encouraging active participation. Participants were invited to produce engaging and informative video content showcasing various types of scams, making them accessible and relatable to a broader audience. This initiative also supported Kenanga’s efforts to strengthen the governance pillar of its ESG commitments by promoting community engagement and fraud awareness. Kenanga Group continues to reaffirm its commitment to combating fraud by hosting its 8th annual Fraud Awareness Week (“FAW”), in alignment with the Association of Certified Fraud Examiners (“ACFE”)’s International Fraud Awareness Week. This flagship campaign supports the UNGC’s 10th Principle, emphasising the need for businesses to combat corruption in all its forms. It serves as a platform to engage both internal and external stakeholders on fraud awareness and financial crime prevention. Themed “Innovate, Integrate, Insulate”, the month-long programme called for a unified approach to address increasingly sophisticated fraud and financial crimes through active industry participation. The 8th FAW Games brought over 1,850 participants including Kenanga’s internal teams, representatives from regulatory bodies, public listed companies, professional associations, and vendors, including Bursa Malaysia, Securities Commission Malaysia, and Petroliam Nasional Berhad. International teams from Singapore, Indonesia, India, South Africa, and Belgium also participated, highlighting the global commitment to combating fraud and fostering a secure financial ecosystem. In 2024, FAW made its return to an in-person gathering for the first time since the Covid-19 pandemic, with Tan Sri Dato’ YBhg. Tan Sri Dato’ Sri Panglima Haji Azam Bin Baki Chief Commissioner of the MACC “Kenanga’s FAW stands as a powerful initiative, embodying the proactive stance needed to address the complexities of fraud in today’s landscape. Events like these are invaluable, uniting leaders, regulators, and industry experts to foster dialogue and share best practices, and I commend Kenanga for its strong commitment to raising fraud awareness and setting a model of integrity for the industry.” GOOD GOVERNANCE GOOD GOVERNANCE Number of Employees Participated Anti-Bribery and Corruption 1,150 1,160 1,134 2024 2023 2022 AML/ CFT/ TFS 1,150 1,160 1,134 2024 2023 2022 Anti-Fraud 1,150 1,160 1,134 2024 2023 2022 Total Online Training Module Hours Recorded Anti-Bribery and Corruption 379.2* 496.5 1,757.5 2024 2023 2022 AML/ CFT/ TFS 3,048.8 2,994.8 2,835.0 2024 2023 2022 Anti-Fraud 1,970.0* 5,523.2 5,613.3 2024 2023 2022 Compliance Online Training Module Summary Note: *Online training module hours were reduced post-pandemic, as we transitioned to interactive face-to-face sessions to encourage more hands-on learning and meaningful discussions, particularly on the topics outlined above.
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