Kenanga Sustainability Report 2023

39 MANAGING OUR KEY ESG RISKS GOOD GOVERNANCE SUSTAINABLE ECONOMIC GROWTH ENVIRONMENTAL STEWARDSHIP EMPOWERING PEOPLE AND COMMUNITIES APPENDIX GOOD GOVERNANCE The 7th Fraud Awareness Week (“FAW”) As part of Kenanga Group’s ongoing commitment to combat fraud, the Group organised its 7th annual Fraud Awareness Week (“FAW”) in collaboration with the Association of Certified Fraud Examiners (“ACFE”)’s International Fraud Awareness Week. This flagship campaign aligns with the UNGC’s 10th Principle to emphasise the need for businesses to work against corruption in all its forms. The month-long initiative, themed ‘Embracing Disruption, Pioneering Change, Unwavering Integrity,’ strived to raise awareness about the importance of fraud detection and prevention, as well as shaping corporate cultures to thrive in a constantly evolving regulatory landscape. The 7th FAW recorded over 2,300 participations in FY2023, with attendees from notable regulatory, enforcement and professional bodies, as well as other financial institutions, public listed companies and Kenanga Group’s third party vendors and suppliers. All programmes and games sessions were conducted virtually, focusing on delivering the message regarding the importance of combating all forms of fraud, corruption, and preventing misdemeanours or scams for businesses. Notably, this year saw the inclusion of seven (7) international teams from organisations based in Indonesia, Singapore, United Arab Emirates, and South Africa. For the first time, this year, we also collaborated with the esteemed Law Faculty of the University of Malaya (“UM”) on a Fraud Awareness Talk Session aimed at enhancing awareness of fraud prevention and detection within the local community, particularly amongst the student of UM’s Law Faculty. The collaborative effort signifies our dedication to broadening the scope of the FAW, fostering a culture of vigilance and ethical conduct in the fight against fraud. 8th Annual Regulatory Seminar The Group hosted the Annual Regulatory Seminar in 2023, where our standards of conduct and procedures were reinforced on a wide range of regulatory and ethical issues including conflicts of interest and corruption, as well as AML/ CFT/ TFS. In 2023, approximately 85% of our employees completed e-tests on ethics and compliance, as well as the landscape and regulatory expectations on AML/ CFT/ TFS which was made mandatory to all our employees during the ARS, with 99.3% of our employees achieving a score of 80% or higher. Sustainable Compliance for Business Resilience – Agile, Adaptability & Technology Driven AML Risk Management for Sustainable Banking Leveraging on Regulatory Landscape to Innovate Integrity Kenanga’s Speak Up Framework – Your Voice Matters! A Glance at the Most Recent Phishing Attempt Data Governance and Management Building a Zero Trust Strategy Entails Erecting Digital Bastion to Safeguard Against Dynamic Cyber Threats “Act or Resign” – Corrupt-Free Corporate Malaysia Conversation with a Convicted Fraudster: Billy McFarland Percentage of employees who have received training on anti-corruption by employee category in FY2023 Boosting Fraud Awareness at Kenanga Key Management Senior Management Middle Management Junior Management Non-executive 86.2% 80.5% 91.8% 91.5% 36.6%

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