KENANGA ANNUAL REPORT 2017

03 Luigi Fortunato Ghirardello Australian / Male / Aged 54 Position • Non-Independent Non-Executive Director • Member of Group Nomination and Remuneration Committee • Member of Group Board Risk Committee • Member of Audit Committee (Until 2 April 2018) Luigi Fortunato Ghirardello (Luigi) was appointed to the Board of KIBB as a Non-Independent Non-Executive Director on 29 July 2008. He was subsequently re-designated as an Independent Non-Executive Director on 26 April 2011. On 29 July 2017, he had been re-designated as a Non-Independent Non-Executive Director. He holds a Bachelor of Arts and a Bachelor of Laws from the University of Sydney, Australia and a Graduate Diploma in Applied Finance and Investment from the Securities Institute of Australia. Luigi was the Managing Director, Head of Global Finance – Asia Pacific for Deutsche Bank AG – Singapore Branch from May 2004 to March 2008. His role encompassed the management of Short-Term Interest Rate Trading in Asia, an integrated short-term trading unit combining foreign exchange and money market products. In addition, he was responsible for interest rate trading in money markets/ Repurchase Agreements and cash products, as well as liquidity management in Japan and Australia. He was also responsible for the regional Global Exchange Services platform in the Asia Pacific. Prior to that, he was the Deputy Chairman of the Global Market Risk Committee, a member of the Banking Asset/ Liability Committee, as well as the Global Head of Money Markets Securities and Trading in London. Before joining Deutsche Bank in 1995, he was an Associate Director and Trading Manager with Schroders Australia Ltd and held various senior positions at the National Australia Bank. Luigi is also the Chairman of Kenanga Futures Sdn Bhd (Formerly Known As Kenanga Deutsche Futures Sdn Bhd), a subsidiary of KIBB. He has no family relationship with any Director and/ or major shareholder of KIBB. He also has no conflict of interest with KIBB and has never been convicted of any offences within the past five (5) years and has not been imposed any penalty by the relevant regulatory bodies during the financial year 2017. 04 Luk Wai Hong, William Hong Kong / Male / Aged 54 Position • Independent Non-Executive Director • Chairman of Group Nomination and Remuneration Committee • Chairman of Group Board Risk Committee • Member of Audit Committee Luk Wai Hong, William (Luk) was appointed to the Board of KIBB as an Independent Non- Executive Director on 1 November 2013. He holds a Bachelor of Arts (Honours) from Concordia University, Montreal, Canada, a Masters of Urban Planning from the University of Michigan, USA and an Executive Fellowship awarded by the State of Washington. Luk is currently the Director of Investment of Cotton Tree Capital Ltd, of which he is the co- owner, with offices in Hong Kong and Singapore. He has more than twenty (20) years of experience in various capacities in the financial services industry, out of which eleven (11) years were spent in Deutsche Bank AG, Hong Kong and Singapore. He began his career in 1989 as an Executive Fellow and Transportation Finance Specialist in the Office of Financial Management at the State of Washington. He later joined Lehman Brothers, Hong Kong as a Fixed Income and Credit Trader in 1993. After three (3) years, he joined HSBC Markets, Hong Kong for a year, before joining Deutsche Bank AG in 1997 as a Senior Associate Director and Senior Credit and Derivatives Trader. He then became Deutsche Bank AG’s Director and Head of Structured Credit Trading and Principal Finance Asia, a post he held until 2004. In 2004 and 2008, Luk was appointed as Deutsche Bank AG’s Managing Director and Co-Head of Global Credit Trading and Principal Finance Asia, as well as Managing Director and Co-Head of Saba Proprietary Trading Group Asia, respectively. In 2008, he joined Pacific Advantage Capital, Hong Kong and Singapore, as its Principal and Portfolio Manager focusing on credits and special situations, before taking up the position of Director of Investment of Cotton Tree Capital Ltd in 2011. He has no family relationship with any Director and/ or major shareholder of KIBB. He also has no conflict of interest with KIBB and has never been convicted of any offences within the past five (5) years and has not been imposed any penalty by the relevant regulatory bodies during the financial year 2017. Kenanga Investment Bank Berhad 22 directors’ profiles