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ENRICHING THE FuTuRE ENRICHING NAtIoNAL PRoGRESS ENRICHING StAKEHoLDER VALUE ENRICHING SUStAINABLE IMPACt

ABOut tHIS REPORt

Kumpulan Wang Persaraan (Diperbadankan) [KWAP]’s integrated annual report is produced to demonstrate our
commitment to transparency, accountability and sustainability. We believe that financial metrics alone does not fully
capture our impact on society and the environment. Thus, this report will provide a more comprehensive view on our
performance, value creation and societal impact.
This inaugural integrated report aims to improve the quality of information available to our stakeholders. At KWAP, we
believe that the cycle of integrated reporting and thinking, will result in efficient and productive capital allocation, which
will act as a force for financial stability and sustainable development for both KWAP and the nation.

Our integrated report is structured into six sections to enable our stakeholders to make an informed assessment of our
ability to create and preserve value whilst minimising the risk of value erosion.

Overview of KWAP, our roles and objectives, business model, and how our purpose, vision,
About KWAP
strategy and values position us for long-term value creation.

Overview of the business environment in which we operate, including material matters, how we
Strategy Insights
manage our risks and our strategic responses to ensure ongoing value creation.

Overview of our commitments, performance and progress in relation to Environmental, Social
Sustainability and governance (ESg) on integrating sustainability practices across our investments and
operations.

Performance Assessment of values created, preserved and nurtured for stakeholders.

Overview of our governance structures and leadership which supports the creation and
governance preservation of value with effective guardrails.

Our annual audited financial statements prepared in accordance with the Malaysian Financial
Financial
Statements Reporting Standards (MFRS), International Financial Reporting Standards (IFRS) and the
Retirement Fund Act 2007.

REPORtING PERIOD FINANCIAL AND NON-FINANCIAL REPORtING

Our integrated report covers the period from 1 January Our integrated report extends beyond financial reporting
2023 to 31 December 2023, unless otherwise specified. and includes non-financial performance, opportunities,
This report is supplemented by our various online risks and outcomes attributable to or associated with
publications, that are available on our website at our stakeholders which have a significant influence on
kwap.gov.my, including reports and disclosures relevant our ability to create and preserve value sustainably whilst
for other key stakeholders, such as our employees, minimising risk of value erosion.
pensioners, contributors, authorities and community.

4 KUMPULAN WANG PERSARAAN (DIPERBADANKAN) i INtEGRAtED REPoRt 2023