Frontken Corporation Berhad 200401012517 (651020-T) • ANNUAL REPORT 2022 30 SUSTAINABILITY REPORT (CONT’D) GOVERNANCE INDICATORS UNIT OF MEASURE FY2022 CORPORATE GOVERNANCE (iv) Committed compliance to full disclosures of all fixed and variable remuneration for: (a) Executive Directors included in the company's remuneration disclosures; (b) Non-executive board members; compliance Yes (v) Committed compliance to allows all shareholders to have the right to vote on all director appointments and dismissals; and the full disclosure of voting results; compliance Yes (vi) Committed compliance to conduct periodic full internal audits and evaluation on all operating business units to identify potential risks areas; risk level extremely low (vii) Committed compliance to full compliance of periodic evaluation of board effectiveness; including disclosure of number of times the board/each committee have/has met per annum. effectiveness level extremely high TAX COMPLIANCE (i) Zero incidents of tax non-compliance for each period. number of incidents 0 INFOTECH AND DATA SECURITY (i) Zero incident of data loses for each period; number of incidents 0 (ii) Zero incident of security breaches for each period. number of incidents 0 2. RESPONSIBLE INNOVATION AND SERVICE In FY2022, we continue to develop the advanced precision cleaning and coating in the 3nm process technology in Taiwan and 8nm process technology in Singapore. We also led the most advanced precision cleaning and coating for the next generation memory wafer process in both Taiwan and Singapore. In FY2022, our research and development (“R&D”) team continued to strengthen our innovation platform and value creation and increase research and development activities linked to solving sustainability challenges, including climate change and pollution control. Our R&D team also continued to research and develop more specialised capabilities and environmentally friendly methods for our chemical management, coating, and cleaning processes, we improved our production process flow and productivity, and most importantly we replace the dangerous and hazardous steps and processes that are not safe and conducive to the physical and mental health of employees and the environment. Our sustainability development efforts have been continuously devoted to the environmental safety management; and the related innovation projects were designed to effectively reduce occupational hygiene risk, improve workplace environments and employee health management. We have successfully established an automated cleaning system which significantly reduces the employees’ exposure to hazardous substances. For our effort, our subsidiary Ares Green Technology Corporation received an award from a major customer on the Supply Chain Environment, Safety and Health for our outstanding efforts. Our ESG efforts have received a high rating and a high overall industry score. Frontken has been included in the FTSE4Good Bursa Malaysia Index and the Bursa Malaysia Shariah Index.
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