OTHER COMPLIANCE INFORMATION 1. U tilisation of Proceeds There were no proceeds raised from corporate proposals during FYE 2022. 2. A udit and Non-Audit Fees The amount of audit and non-audit fees paid to the Company’s External Auditors, PwC and its affiliates for the services rendered to the Group and the Company for FYE 2022, are as follows: PARTICULARS Group RM’000 Company RM’000 Audit Fees 3,183 382 Non-Audit Fees 1,425 380 Percentage of Non-Audit Fees over Audit Fees 45% 99% The Non-Audit services rendered by the External Auditors were relating to the following: Group Level NO. DESCRIPTION RM’000 1. Professional services rendered in connection with income tax compliance 411 2. Professional services rendered in connection with income tax advisory matters 697 3. Due diligence works rendered on business acquisitions and specific projects in certain countries 10 4. Professional services rendered in connection with other assurance related matters 307 Company Level NO. DESCRIPTION RM’000 1. Professional services rendered in connection with other assurance related matters 240 2. Professional services rendered in connection with income tax compliance 38 3. Professional services rendered in connection with income tax advisory matters 102 3. Material Contracts Involving Directors’ and Major Shareholders’ Interest During FYE 2022, none of the Company and/or its subsidiaries have entered into material contracts (not being contracts entered into in the ordinary course of business) involving interests of Directors and Major Shareholders of Yinson. 4. Recurrent Related Party Transactions of a Revenue or Trading Nature All recurrent related party transactions (“RRPTs”) are dealt with in accordance with the Bursa Securities MMLR and a summary of RRPT Register is tabled for AC’s review and monitoring on a quarterly basis. All relevant processes and procedures are for ensuring that all related party transactions are monitored and conducted in a manner that is fair and at arms’ length. The Directors and Major Shareholders who have interests in a transaction will abstain from deliberation and voting on said transaction at Board meetings and general meetings, if required. The details of the RRPTs conducted during FYE 2022 between the Company and/or its subsidiaries with related parties are disclosed on page 326 of the Audited Financial Statements contained in the Annual Report 2022. CORPORATE GOVERNANCE OVERVIEW STATEMENT 198 YINSON HOLDINGS BERHAD GOVERNANCE
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