DRIVING LEADERSHIP AND STRENGTHENING GOVERNANCE Governance has been strengthened by enhancing the whistleblowing disclosure procedure, ensuring a transparent and robust system for handling complaints involving Senior Management and Board members. The Board Governance & Risk Management Committee oversees these processes, reinforcing toplevel accountability. Additionally, the Audit Committee’s Terms of Reference (TOR) now explicitly include oversight of conflicts of interest. Together, these measures fortify our governance framework, ensuring resilience, adaptability, and alignment with best practices. To reinforce this commitment, FGV introduced the Gender Diversity in Top and Key Management Policy in November 2024, aimed at increasing women’s participation in leadership, integrating diversity into selection and promotion processes, and fostering an inclusive corporate culture. Reflecting its sustained focus on gender diversity, the Board continues to comprise three women directors out of seven members, surpassing the minimum requirement of 30% female representation. At FGV, we continuously refine our leadership and decision-making approach to meet the evolving needs of our business and stakeholders. Effective governance starts with an understanding of the realities on the ground. To this end, Board members, including myself, routinely visit our business operations. These engagements allow us to connect with workers, observe operations firsthand, and gain valuable insights into the challenges and opportunities within our value chain. By gaining a deeper understanding of risks at all levels of the organisation, we have taken deliberate measures to enhance transparency and accountability. A key milestone this year was the launch of the FGV Anti-Corruption Plan 2024– 2027, reinforcing our zero-tolerance stance on unethical behaviour. This plan is complemented by targeted training on integrity and anticorruption, the introduction of an Integrity Guidebook, and the deployment of e-Latih modules, which collectively engage the entire FGV workforce. Supporting An aerial view of Maokil Estate in Johor, highlighting the oil palm fields that shape the surrounding landscape. 22 FGV Holdings Berhad | Annual Integrated Report 2024 Message from the Chairman
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