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 2023 are as follows: Description Number of Options Total number of options outstanding as at 1 September 2022 Total number of options granted to eligible employees Total number of options exercised Total number of options expired / forfeited Total number of options outstanding as at 31 August 2023 16,465,000 – (8,770,000) (4,365,000) 3,330,000 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 were no new ESOS options granted to the senior management during the FYE 31 August 2023. The total ESOS options granted to the senior management represents 29.22% of the total ESOS options granted since the commencement of the ESOS scheme. There were no options offered to any Director of the Company in respect of FYE 31 August 2023 and since commencement of the ESOS. AUDIT AND NON-AUDIT FEES The amount of audit and non-audit fees incurred by the Group and the Company for services rendered by the external auditors or a firm or corporation affiliated to the external auditors to the Group and the Company during the FYE 31 August 2023 are as follows: Group Company Audit services – BDO PLT Non-audit services RM’000 303 13 RM’000 65 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 and Agreed-Upon Procedures for Determination of the Effective Date of the Green Investment Tax Allowance Incentive. 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 2023 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 2023. UTILISATION OF PROCEEDS No proceeds were raised from any corporate proposals during the FYE 31 August 2023. ANNUAL REPORT 2023 SASBADI HOLDINGS BERHAD 68
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