KENANGA ANNUAL REPORT 2020

64 3 1 2 4 5 6 7 HOW WE ARE GOVERNED 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 29.43% 51.30% 16.15% 2.08% 1.04% AVP and VP 16.65% 56.60% 23.53% 1.83% 1.39% Associate and SA 18.35% 64.21% 15.70% 1.43% 0.31% 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 39.06% 51.76% 7.42% 0.98% 0.78% AVP and VP 17.43% 70.59% 11.00% 0.44% 0.54% Associate and SA 15.95% 69.63% 14.11% 0.31% 0.00% 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 42.19% 47.14% 9.63% 1.04% 0.00% AVP and VP 26.43% 63.76% 8.57% 0.51% 0.73% Associate and SA 22.39% 64.42% 12.88% 0.31% 0.00% ETHI CS AND COMPL IANCE STATEMENT NOTE: SVP – Senior Vice President; AVP – Assistant Vice President; VP – Vice President; SA – Senior Associate. The results of the Survey again indicated a positive perception of ethics and integrity culture in Kenanga Group. In fact, improvements were noted in the overall response rate and positive responses to the Survey. This implied acknowledgement and appreciation of the employees on the continuous efforts and initiatives undertaken by the Board and Senior Management on ethics and integrity. Nevertheless, Kenanga Group will continue the efforts towards elevating ethical practices within Kenanga Group furthermore as enforcement of ethics and integrity are now assimilated in the laws and regulations, including section 17A of the MACCA.