124 WASCO BERHAD SECTION 4 SUSTAINABILITY JOURNEY GOVERNANCE (INTEGRITY, COMPLIANCE, ASSURANCE AND REPORTING CONCERNS) ANTI-BRIBERY AND CORRUPTION: ZERO-TOLERANCE APPROACH Wasco maintains a zero-tolerance stance against all forms of bribery and corruption, such as fraud and illegal kickbacks. Our comprehensive anti-bribery and corruption framework reflects our unwavering commitment to integrity and is designed to proactively deter, detect, and address corrupt practices. Key Pillars of Wasco’s Anti-Bribery and Corruption Framework Wasco’s Anti-Bribery and Corruption Policy (“ABC Policy”) was established on 1 June 2020. This was followed by the Anti-Bribery and Corruption Management System (“ABMS”) Manual, together with its twenty-four (24) Standards, which were formalised into Standard Operating Procedures (“SOPs”) on 1 December 2020. Collectively, these provide a clear and comprehensive roadmap for ethical conduct and compliance across the Group. During 2025, Wasco undertook a thorough review of our ABC Policy, Conflict of Interest Policy (“COI Policy”), and the ABMS Manual to ensure their continued relevance and effectiveness. As part of this review, the ABC Policy was revised to align with the COI Policy. In addition, the (ISO 37001 ABMS) Whistleblowing SOP (“SOP 23”) and the (ISO 37001 ABMS) Investigation and Referring to Authorities SOP (“SOP 24”) were consolidated into a single SOP to enhance efficiency and streamline whistleblowing and investigation processes. As a result, the ABMS framework is now supported by a total of twenty-three (23) SOPs. The ABC Policy sets the tone and standards for anti-bribery and corruption across the Group, while the ABMS Manual and its 23 SOPs outline comprehensive approaches and processes to deter, mitigate, and address corruption risks, including bribery, fraud, and other corrupt practices. Wasco’s ABMS Manual and SOPs are aligned with ISO 37001:2016 ABMS standards and are certified by SIRIM. They also reflect best practices prescribed under Section 17A of the Malaysian Anti-Corruption Commission Act 2009 (Amendment 2018) (“MACC Act”). The ABC Policy complies with the Guidelines on Adequate Procedures pursuant to Section 17A (5) of the MACC Act. Wasco’s commitment to upholding integrity and compliance in our day-to-day business operations is a cornerstone of our organisational culture and a key business priority. We set high expectations for all our employees, as outlined in our Principles of Business Conduct. These core values of integrity and compliance are fundamental to good governance. Scope of the ABC Policy Representatives Business associates (including joint venture and consortium partners) Other intermediaries performing work or services, for and on behalf of Wasco Subcontractors Vendors Customers Clients Directors Consultants Contractors Employees SUSTAINABILITY JOURNEY
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