69 MANAGING OUR KEY ESG RISKS GOOD GOVERNANCE SUSTAINABLE ECONOMIC GROWTH ENVIRONMENTAL STEWARDSHIP EMPOWERING PEOPLE AND COMMUNITIES APPENDIX Promoting a Gender-Balanced Workplace Culture In promoting a gender-balanced workplace, we offer benefits in line with local labour laws, which applies to all eligible employees. This includes, nursing rooms, and updated maternity and paternity leave days, as well as hybrid working arrangement. Our human resource practices, including recruitment, performance management and talent development are managed equitably. Gender Pay Gap We believe in providing equal economic opportunity for all, regardless of gender, especially within similar roles. Our approach to pay and compensation is based on employees’ experiences, skills and competencies required, as well as industry benchmark in determining basic salary. All employee-related decisions are made based on business needs and employee merit. Ratio of Basic Salary of Men to Women (2023) Key Management 1:0.85 Senior Management 1:1.01 Middle Management 1:0.83 Junior Management 1:0.98 Non-Executive 1:0.93 In 2023, we strengthened our commitment to gender equality by becoming a signatory of the WEPs. These seven (7) principles are: EMPOWERING PEOPLE AND COMMUNITIES Female Representation at Kenanga Our Total Workforce 51% Key and Senior Management 38% Junior Management 53% Middle Management 53% Non-Executives 30% Kenanga Becomes Signatory of the Women’s Empowerment Principles (“WEPs”) These principles were established by the UNGC and UN Women, aligning with the 2030 Agenda on Sustainable Development and the 17 SDGs. The WEPs Framework offers guidance to businesses on how to advance gender equality and women’s empowerment in the workplace, marketplace, and community. Currently, there are over 7,000 global signatories, including 103 from Malaysia. Equal Opportunity, Inclusion, and Non-discrimination Health, Safety and Freedom from Violence Education and Training Enterprise Development, Supply Chain and Marketing Practices Community Leadership and Engagement Transparency, Measuring and Reporting Leadership Promotes Gender Equality DATUK CHAY WAI LEONG Group Managing Director “A gender-equal workplace not only benefits women, but all individuals. We are dedicated to creating an environment where everyone can thrive and contribute to the growth and success of our organisation.”
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