Are you Conflicted?

When I am of the view that I am conflicted but I am not sure, who should I consult?

• My manager and/or Human Resources Division

• External lawyers

• My manager only

• My focal legal counsel in Legal & Secretarial Division

What is the Company’s policy on conflict of interests for its employees?

• Embrace conflict of interests so that employees will be comfortable to declare

• So as long as not impacting work performance, conflict management is part of corporate necessity

• Avoid any conflict between their own interest and the interest of the Company

• Encourage management of conflict of interest of its employees

Which level of corporate governance structure in Velesto has governance oversight on COI/potential COI?

• Board only as the ultimate authority in the Company

• Board and Board Risk Management Committee

• IGU

• Board, Board Audit Committee, Board Nomination & Remuneration Committee

What should a Director do when a director has interest in existing contract with the company?

• Keep quiet about it

• Declare the nature of his interest at a board meeting, not participate in the discussion and abstain from vote

• Declare only to his fellow director in private

• Declare the nature of his interest at a board meeting, not participate in the discussion but vote in favour of the contract

During annual Fit & Proper Declaration, when I declare that there is COI, what do I do next?

• Ignore and refuse to provide further details

• No need to complete the form at all

• Before declaring, consult my manager

• Provide information on the nature and extent of the COI/potential COI in the form