KENANGA ANNUAL REPORT 2020

50 3 1 2 4 5 6 7 HOW WE ARE GOVERNED 3. Training Programmes Attended by Directors The training programmes attended by the Directors during the Financial Year Ended 31 December 2020 are as listed below. Title of Training Programme Attended By 1. The Prohibition of Gharar (Uncertainty) in Islamic Finance - Shariah Adviser of Kenanga Islamic Investors Berhad ( “KIIB” ) Datuk Syed Ahmad Alwee Alsree ( “DSA” ) 2. Corporate Board Leadership Symposium 2020 - Malaysian Institute of Accountants ( “MIA” ) Izlan Izhab ( “II” ), Jeremy Nasrulhaq ( “JN” ), Kanagaraj Lorenz ( “RL” ) 3. Reinventing Cybersecurity with Artificial Intelligence - MIA YAM Tan Sri Dato’ Seri Syed Anwar Jamalullail ( “TSAJ” ) 4. The Board Chair: First Among Equals - Institute of Corporate Directors Malaysia ( “ICDM” ) II 5. Digital Banking: Why Does It Matter? - FIDE FORUM JN, Norazian Ahmad Tajuddin ( “NT” ), RL 6. Digitalisation - Review of Competitive Strategies Using AI: A Board’s Perspective - Encik M. Nazri Muhd, ICDM Faculty and President/ CEO, MyFinB, Singapore, ICDM NT CORPORATE GOVERNANCE OVERV I EW STATEMENT In addition to the Mandatory Accredited Programme as required by Bursa Securities, the Financial Institutions Directors’ Education ( “FIDE” ) Core Programme as required by BNM, as well as, the Capital Market Director Programme ( “CMDP” ) as required by the SC for newly appointed Directors, Board members are also encouraged to attend training programmes, conducted by highly competent professionals, which are relevant to the Company’s operations and business. In relation to the CMDP, being a newly appointed Director, YAM Tan Sri Dato’ Seri Syed Anwar Jamalullail had duly completed four (4) modules of the CMDP, within the timeline stipulated by the SC. On 30 March 2018, BNM had, issued a Circular with regard to the compulsory requirements for all existing Directors of the following institutions to complete the Islamic Finance for Board ( “IF4BOD” ) Programme by end of 2020: a. Licensed Islamic banks under the Islamic Financial Services Act 2013 and their holding companies which are licensed banks under the Financial Services Act 2013 ( “FSA” ); b. Licensed banks and licensed investment banks under the FSA approved to carry on Islamic banking business pursuant to section 15(1)(a) of the FSA; and c. Prescribed institutions under the Development Financial Institutions Act 2002 ( “DFIA” ) approved under section 129(1) of the DFIA to carry on Islamic banking business or Islamic financial business. However, in view of safety concerns of participants attending the IF4BOD programme arising from the COVID-19 pandemic and the implementation of the Movement Control Order ( “MCO” ) since March 2020, BNM had, on 3 July 2020, extended the completion deadline for the programme from end of 2020 to end of 2021 for all existing Directors. For newly appointed Directors, they are required to complete the IF4BOD Programme within two (2) years of their appointments. All matters pertaining to Directors’ training requirements are facilitated by the Group Company Secretary’s Office, including but not limited to, monitoring the status of all mandatory training programmes to be completed by the Directors. As part of this process, an Annual Directors’ Training Calendar encompassing external training programmes, available in the market and/ or recommended by the Board members and/ or in-house training programmes, is developed and tabled at the NRC and the Board for endorsement in the first (1 st ) quarter of each year to create awareness amongst the Directors of training programmes available for the year. Thereafter, the NRC and the Board will be updated on the status of Directors’ participation in these training programmes on a quarterly basis. In developing the Annual Directors’ Training Calendar, feedback received from Directors during the annual Board evaluation process in terms of specific training needs required to enhance the Board’s effectiveness, was also taken into consideration.