126 WASCO BERHAD SECTION 4 SUSTAINABILITY JOURNEY CONFLICT OF INTEREST POLICY The COI Policy was established on 27 February 2024, in line with Bursa Malaysia’s enhancements to the Main Market Listing Requirements. It applies to all Directors and personnel, including contract, temporary, and internship staff. Compliance with the Policy is mandatory whenever an individual becomes aware, or is reasonably expected to be aware, of any actual, potential, or perceived conflict arising from their activities. The Policy ensures that actual, potential, and perceived conflicts of interest are properly identified, declared, and managed. It provides guidance to protect the Group’s interests while supporting Directors and employees in maintaining high standards of integrity. During 2025, COI declarations were rolled out in two phases. The second phase introduced the Document Workflow system, which was deployed for both current employees and new joiners to ensure a comprehensive and complete declaration process, while also serving as a mandatory refresher on the importance of COI principles. This technological enhancement strengthens our ability to manage disclosures efficiently and effectively. This Policy establishes the official framework for maintaining integrity and impartiality. It provides binding guidance on: 1. Identification and Declaration: The required process for identifying and formally declaring all conflicts of interest. 2. Management and Monitoring: The procedures for developing, implementing, and monitoring action plans to manage conflicts appropriately. 3. Breach Management: Guidelines for addressing, investigating, and resolving any violations of the Policy. The COI Policy was last reviewed by the Board on 29 August 2024. PRINCIPLES OF BUSINESS CONDUCT The Principles of Business Conduct (“PBC”), established on 27 November 2015 and recently reviewed on 28 August 2025, sets out the core principles and standards that guide the conduct of Directors and employees in the performance of their daily duties and responsibilities. During the latest review, the PBC was enhanced and streamlined to ensure alignment with the Group’s ABC Policy and COI Policy, thereby promoting consistency and eliminating any potential overlaps or conflicting provisions. In addition, several new sections were incorporated to reflect evolving regulatory expectations and best practices, including provisions on fair competition, anti-money laundering, data protection, and trade restrictions. These enhancements ensure that the PBC remains relevant and aligned with applicable laws, regulations, and governing standards. SUSTAINABILITY JOURNEY
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