ADDITIONAL COMPLIANCE INFORMATION EMPLOYEES’ SHARE OPTION SCHEME (“ESOS”) The Company has implemented an ESOS of up to ten percent (10%) of the Company’s total number of issued shares (excluding treasury shares, if any) for the eligible employees and Executive Directors of the Group (i.e. Sasbadi Holdings and its subsidiaries) effective from 1 September 2016 for a duration of five (5) years, expiring on 31 August 2021. On 17 February 2021, the Board of Directors has approved the extension of the ESOS for a further period of five (5) years to 31 August 2026. The details of the ESOS during the FYE 31 August 2022 are as follows: Description Number of Options As at 1 September 2021 Granted to eligible employees during the year Exercised during the year Expired / forfeited during the year Total outstanding as at 31 August 2022 4,925,000 12,000,000 (410,000) (50,000) 16,465,000 In accordance with the By-Laws of the ESOS, not more than 80% of the options available under the ESOS shall be allocated, in aggregate to the Executive Directors and senior management. The total ESOS options granted to the senior management represents 13.33% and 29.22% of the total ESOS options granted during the FYE 31 August 2022 and since the commencement of the ESOS respectively. There were no options offered to any Director of the Company in respect of FYE 31 August 2022 and since commencement of the ESOS. AUDIT AND NON-AUDIT FEES The amount of audit and non-audit fees incurred by the Company and the Group for services rendered by the external auditors or a firm or corporation affiliated to the external auditors to the Company and the Group during the FYE 31 August 2022 are as follows: Group Company Audit services – BDO PLT Non-audit services RM’000 267 8 RM’000 60 8 The non-audit services provided by the external auditors were in relation to the review of the Statement on Risk Management and Internal Control. MATERIAL CONTRACTS INVOLVING DIRECTORS AND/OR MAJOR SHAREHOLDERS There were no material contracts entered into by the Company and/or our subsidiaries involving the interest of Directors and/or major shareholders, either subsisting at the end of the FYE 31 August 2022 or entered into since the end of the previous financial year. RECURRENT RELATED PARTY TRANSACTIONS There were no recurrent related party transactions entered into by the Group during the FYE 31 August 2022. UTILISATION OF PROCEEDS No proceeds were raised from any corporate proposals during the FYE 31 August 2022. 56 SASBADI HOLDINGS BERHAD
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