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ENRICHING tHE FUtURE ENRICHING NAtIoNAL PRoGRESS ENRICHING STAKEHOLDER VALUE ENRICHING SUStAINABLE IMPACt

OuR OPERAtING ENVIRONMENt

MAtERIAL MAttERS
Materiality assessment is a critical component of our corporate strategy at KWAP. It serves as a compass, helping us
navigate the complex landscape of sustainability by identifying the most significant issues that impact our organisation
and our stakeholders.
This strategic tool guides our decision-making, shapes our objectives, and ensures our actions create meaningful impacts.
As a result, we identified the following material matters as those that represent KWAP’s most significant impacts on
economy, environment and society during the reporting year.

Our Board and Senior Management continuously deliberate on these material matters during their meetings as part of
KWAP’s strategy process before approving them as part of the annual business planning process.
MAtERIALItY ASSESSMENt PROCESS

Identification Prioritisation Validation

Identify issues that have the Prioritise those which are most Validate the material matters
potential to impact the sustainability pertinent in our operating against our strategy, six capitals,
of our performance, and the environment as material matters. associated risks and stakeholders.
potential to create, preserve or
erode value for our stakeholders.

IDENtIFIED MAtERIAL MAttERS
The operating environment for KWAP and our stakeholders continues to remain volatile, uncertain, complex and
ambiguous. A world of ongoing crises from geopolitical tensions, US Federal Reserve policy expectations, China’s slow
recovery impacting emerging markets’ economic growth and Malaysia’s long-awaited fiscal reforms requires us to refine
our material matters as part of our business planning. They reflect the issues that have the greatest likelihood of affecting
our ability to create sustained value for us and our stakeholders.

M1 RM Sustainable Pension Fund

Managing the fund towards achieving optimum Related Capitals Stakeholders
sustainable returns in accordance with the
Retirement Fund Act 2007 and applicable FC SRC NC S1 S2 S4
government policies, frameworks and/or
guidelines.

CAPItALS
FC Financial IC Intellectual MC Manufactured HC Human SRC Social & Relationship NC Natural
Capital Capital Capital Capital Capital Capital

30 KUMPULAN WANG PERSARAAN (DIPERBADANKAN) i INtEGRAtED REPoRt 2023