Kenanga Sustainability Report 2024

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 97 96 WHY IT MATTERS Supporting local communities is essential for building stronger and more resilient societies in which people can thrive. To achieve this, we engaged with communities in need by providing focused social investments and encouraging active employee volunteerism. OUR APPROACH Our Group Donation Policy ensures a standardised approach to assessing and directing donation requests and community investments. Since 2022, we have implemented an employee volunteering mechanism designed to foster a positive work culture, enhance relationships with stakeholders and contribute to social and environmental causes. This initiative also offers our employees opportunities for both personal and professional growth. Empowering Our Communities Kenanga has a long-standing commitment to philanthropy, community outreach initiatives, and fundraising campaigns. We consistently strengthen these efforts through employee volunteerism and targeted investments in social enterprises, reflecting our dedication to empowering and uplifting local communities. In 2024, we invested over RM640,000 in community outreach programmes, benefitting more than 2,740 individuals. For 13 consecutive years, we have supported our key social enterprise partners, Silent Teddies Bakery (“Silent Teddies”) and Dialogue Includes All (“DIA”) Academy. Through our volunteering programme, we accumulated 2,808 hours of volunteer service in 2024, furthering our outreach to local communities. Key Initiatives Silent Teddies Bakery Based in Kuala Lumpur, Silent Teddies is run by hearing-impaired youths. In 2024, Kenanga continued to extend its support to this partner through several key initiatives. Under the Kenanga Gives Back to Silent Teddies Bakery initiative, Kenanga purchased 890 boxes of assorted baked goods worth RM10,000, which were distributed as door gifts to corporate clients during the 2024 Kenanga Corporate Raya Open House. We contributed RM26,000 to the Community Service Centre for the Deaf Revitalisation Project by Silent Teddies. Our support included providing new equipment and sponsoring barista training for eight (8) hearing-impaired individuals, empowering the bakery's expansion into a new café. The café is anticipated to be fully operational by 2026. Through this initiative, 16 employees contributed 96 volunteering hours, participating in activities such as painting the café and packing hamper orders. COMMUNITY INVESTMENT EMPOWERING PEOPLE AND COMMUNITIES EMPOWERING PEOPLE AND COMMUNITIES Feed the Homeless via Pertiwi Soup Kitchen In 2024, in collaboration with Pertiwi Soup Kitchen, Kenanga continued its efforts to support the homeless community by facilitating food packing and distribution at their dedicated food distribution centre. We distributed over 900 meals, with our volunteers actively serving, packing, and distributing the meals. In this initiative, 25 employees contributed 100 volunteering hours. Dive Against Debris and Beach Clean-up Event In 2024, Kenanga Investors Group continued to support and participate in the Dive Against Debris and Beach Clean-up event, alongside Yayasan Salam Malaysia and the Black Eye Scuba Team. Building on the previous year’s involvement of eight (8) volunteers, 2024 saw the participation of 13 dedicated volunteers coming together to support the community in maintaining beach cleanliness and ocean conservation, spending 182 volunteering hours on this initiative. Through our efforts, we successfully collected 37 kg of marine debris and completed a total beach clean-up collection of nearly 179 kg, positively impacting our oceans and local environment. Qurban Programme In 2024, in collaboration with 1EBC Sdn Bhd, we organised our third annual Qurban Perdana event. Through this initiative, we distributed approximately 1,200 packs of Qurban meat to around 25 charities, orphanages, and homes in need as part of the Eid al-Adha celebration. Held at Colla Cattle Farm in Kuala Selangor, the event saw the participation of 300 Kenanga agents and volunteers who collectively dedicated 2,400 volunteering hours. The Qurban activity provided essential food and strengthened bonds within the community, reflecting Kenanga’s commitment to social responsibility and compassion. Pertubuhan Rahoma Darul Fakir Malaysia (“Rahoma”) We extended our support to Rahoma Orphanage, a non-profit organisation dedicated to supporting children’s welfare. The organisation provides shelter, education, and wellness support for underprivileged children from low-income families. In 2024, as part of the back-to-school campaign, our volunteers accompanied the orphans to purchase school uniforms, headscarves as well as footwear. Additionally, Kenanga extended its support by covering 11 months of transportation fees to enable the orphans to attend school, from March 2024 to January 2025. Through this initiative, we contributed a total of RM39,310. Blood Donation Drive 2024 We collaborated with Pusat Darah Negara to host our annual Blood Donation Drive at our headquarters Kenanga Tower in conjunction with World Blood Donor Day. This initiative aimed to encourage staff to take part in life-saving efforts, resulting in the collection of 45 packs of blood, which could potentially benefit up to 135 individuals. Through this initiative, we reinforced our commitment to social responsibility and raised awareness of the significance of blood donation within our workforce.

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