KENANGA ANNUAL REPORT 2019

K E N A N G A I N V E S T M E N T B A N K B E R H A D A n n u a l R e p o r t 2 0 1 9 62 The Checklist maps proposed control measures with the requirements and industry practices that are in line with Malaysia’s Guidelines on Adequate Procedures. Subsequent assessment using the Checklist will serve to update the progress of addressing the gaps identified from the Gap Assessment. • Survey on Ethics and Integrity Culture at Work GBEI has conducted the Survey on Ethics and Integrity Culture at Workplace (“ Survey ”) to gauge views and perceptions of the employees on policies and practices related to certain aspects of ethics and integrity in the Group. The Survey questionnaire covers three (3) core values with greater emphasis placed at understanding perception of the employees on the roles and responsibilities of the Board and Senior Management. The results of the Survey were tabled at the Board of Kenanga Investment Bank Berhad and Group Executive Committee meetings in August 2019. GBEI received 857 responses to the Survey (i.e. 84.7%) from the total 1,012 employees that were invited to participate and the overall responses are as follows: Core Values Employee Group Employees’ Response Strongly Agree Agree Neutral Disagree Strongly Disagree TOP LEVEL COMMITMENT: Scope of the questionnaire obtains views of the respondents whether there were visible strategic actions by the Board and Senior Management to set and communicate policies and objectives related to ethics and integrity, and to raise awareness, motivation and involvement of the employees. SVP and Above 32.1% 40.1% 23.2% 4.0% 0.6% AVP and VP 16.9% 56.8% 23.7% 1.6% 1.0% Associate and SA 13.1% 64.8% 20.2% 1.2% 0.7% PROFESSIONAL ACCOUNTABILITY: Scope of the questionnaire aims at understanding whether the respondents acknowledge their responsibility to subscribe to ethics and integrity principles while undertaking assignments and commitments at work. SVP and Above 42.7% 44.7% 10.6% 2.0% 0.0% AVP and VP 21.4% 64.1% 12.9% 0.8% 0.8% Associate and SA 15.0% 67.8% 15.4% 1.3% 0.5% PERSONAL INTEGRITY: Scope of the questionnaire obtains views and perception of the respondents whether sound moral and ethical principles and values at work are important, and whether they could influence trustworthiness. SVP and Above 47.1% 41.6% 9.5% 0.9% 0.9% AVP and VP 30.4% 61.8% 6.8% 0.2% 0.8% Associate and SA 22.9% 62.6% 13.9% 0.3% 0.3% Note: SVP – Senior Vice President; AVP – Assistant Vice President; VP – Vice President; SA – Senior Associate. ETHICS AND COMPLIANCE STATEMENT