Frontken Berhad Annual Report 2020

Annual Report 2020 37 FRONTKEN CORPORATION BERHAD 200401012517 (651020-T) PRINCIPLE C – INTEGRITY IN CORPORATE REPORTING AND MEANINGFUL RELATIONSHIP WITH STAKEHOLDERS I. COMMUNICATIONWITH STAKEHOLDERS The Board recognises the importance of being transparent and accountable to the Company’s stakeholders and acknowledges that continuous communication between the Company and its stakeholders facilitates mutual understanding of each other’s objectives and expectations. As such, the Board ensures the supply of clear, comprehensive and timely information to stakeholders by way of various disclosures and announcements, including quarterly and annual financial results which provide investors with up-to-date financial information of the Group. All these announcements and other information about the Company, which are disseminated according to the Company’s Corporate Disclosure Policy, are available on the Company’s website at www.frontken.com where shareholders, investors and the general public may access. During the year, the Chairman has been actively engaging with institutional investors, analysts and fund managers (both locally and overseas) and carried out investors relations programme to keep the stakeholders abreast of the developments of the Group and answering their questions on the performance of the Group. In addition, the Directors also ensure that engagement with shareholders occurs at least once a year during the AGM to better understand their needs and obtain their feedback. II. CONDUCT OF GENERAL MEETINGS The AGM is the principal forum for shareholder dialogue, allowing shareholders to review the Group’s performance through the Company’s Annual Report and pose questions to the Board for clarification. At the 16th AGMheld on 5 August 2020, all the Directors (including the two (2) Directors who are residing in Singapore participated in the AGM virtually) were present to engage directly with and were accountable to the shareholders for their stewardship of the Company. During the AGM, shareholders participated in deliberating resolutions being proposedwhilst questions were raised by shareholders on the Group’s operations in general, including emerging risks that the Group might be faced with. The Chairman of the Board and Senior Management responded appropriately to all questions raised and provided the necessary clarifications as required by the shareholders. The Board has not adopted electronic voting as the last AGMwas carried out physically and the voting for resolutions was expediently carried out by traditional balloting, supervised by an independent scrutineer. The Board has set up the corporate website at www.frontken.com to encourage shareholders and investors to pose questions and queries to the Company. Questions and queries, if any, are attended to by the Company’s Senior Management. In addition, the Board also encourages shareholders and other stakeholders to communicate with the Company through other channels, via post at Suite 301, Block F, Pusat Dagangan Phileo Damansara 1, No. 9, Jalan 16/11, Off Jalan Damansara, 46350 Petaling Jaya, Selangor, Malaysia, fax at (03) 7968 3316 or e-mail at ir@ frontken. com. This Statement is dated 23 March 2021. Corporate Governance Overview Statement (cont’d)