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               INSIDE THIS REPORT




                Realising a              For Better              For Better Value         For Better
                Fulfilling Future        People                  Delivery                 Performance

                 7  Message from the     19  About KWAP          26  Material Matters     55  Investment Review
                    Chairman                •  Role and Objectives  30  Towards More         •  Economy, Market &
                                                                                               Strategy
                11  Message from the        •  KWAP within           Sustainable             •  Asset Class Review
                    Chief Executive           Malaysia’s Pension     Tomorrows               •  Geographical
                    Officer                   System                                           Investment Exposure
                16  KWAP TERAS 5            •  Organisation Chart                            •  Subsidiaries
                                            •  Corporate Structure                        74  Enterprise Review
                                         22  Performance                                     •  Retirement Services
                                            Highlights                                       •  Contribution
                                                                                               Management
                                                                                             •  Digitalisation


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