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ENRICHING PERFORMANCE AND COMMITMENTS  ENRICHING ACCOUNTABILITY AND INTEGRITY  ENRICHING RESILIENCE AND SUSTAINABLE GROWTH  OTHER INFORMATION







          KEY REGuLAtORY AND REPORtING FRAMEWORKS           Recognising the interconnectedness of sustainability, we
                                                            have integrated  our sustainability framework,  principles,
          Our reporting is guided by international and local regulation,   practices and outcomes throughout this report, with more
          reporting frameworks, guidelines and standards, where   details provided in our 2023 Sustainability Report that is
          possible. Efforts have been taken to report in accordance   available online.
          with  the best industry  practices  and standards,  thus
          providing  stakeholders with meaningful  disclosures. The   FORWARD-LOOKING StAtEMENtS
          referenced frameworks and guidelines include:     This  report  contains  certain  forward-looking  statements
          •   International Integrated Reporting Framework 2021;  about KWAP’s outlook, targets, strategies and operations.
          •   Retirement Fund Act 2007 (Act 662);           These statements involve risks, uncertainties and
          •   Malaysian Financial Reporting Standards (MFRS);  assumptions, as they relate to events and depend on
          •   International Financial Reporting Standards (IFRS);  circumstances that may occur in the future, and actual
          •   Global Reporting Initiative (GRI) Standards;  results may differ materially from those anticipated in these
          •   Bursa Malaysia’s Main Market Listing Requirements on   statements due to various factors.
             Sustainability Reporting;
          •   Malaysian Code for Institutional Investor 2022 (MCII);   KWAP assumes no obligation to update any forward-
          •   Principles for Responsible Investment (PRI);   looking statements to reflect events or circumstances
          •   Partnership for Carbon Accounting Financials (PCAF);   after the date of this report or to reflect the occurrence of
          •   Sustainable Investing Standards (SIS); and    unanticipated events.
          •   United  Nations  Sustainable  Development  Goals   APPROVAL BY tHE BOARD
             (UNSDgs).
                                                            The Board acknowledges its responsibility of ensuring the
          ASSuRANCE
                                                            integrity of this integrated report. In the Board’s opinion, this
          Our 2023 Annual Financial Statements were audited by   report addresses all the issues that are material to KWAP’s
          the Auditor general of Malaysia. The audit was conducted   ability to create value and fairly presents the performance
          in accordance with the Audit Act 1957 and the International   of KWAP across its value chain.
          Standards of Supreme Audit Institutions. The Certification of   This report was approved by KWAP’s Board.
          the Auditor general on our financial statements is provided on
          page 133 to 136.
           Our Navigation Icons
                              CAPItALS                                    MAtERIAL MAttERS
               Financial       Manufactured   Social &          Sustainable    Future-Ready   People
            FC  Capital    MC  Capital    SRC  Relationship   M1  Pension Fund  M4  Operating Model  M7  Development and
                                              Capital                                         Well-being
               Intellectual    Human
            IC             HC                                   Customer       Sustainability
               Capital         Capital    NC  Natural Capital  M2  Experience  M5  Pledges    Anti-Bribery and
                                                                                           M8  Corruption
                               RISKS                            Corporate      Industry
                                                             M3             M6
               Macro-economic   Business     Cyber Security     governance     Presence       Cyber Security
            R1             R4             R7                                               M9  and Data Privacy
               and geopolitical   Continuity Risk  Risk
               Risks                                                        6 uNSDG GOALS
                              Risk
            R2  Investment    R5  Sustainability   R8  Compliance Risk
               Risk
                                          R9  Reputational Risk
            R3  Operational    R6  Climate Risk
               Risk                       R10 People Risk
                           StAKEHOLDERS
               government of   Pension       Local
            S1  Malaysia   S3  Community  S5  Community

            S2  Contributors   S4  Investment   S6  Employees
                              Community

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