Bursa Malaysia Bhd

Guiding the sustainability journey at Bursa Malaysia is a leadership deeply committed to these ideals. Our governance structure in this area is anchored by a Sustainability Development Committee (SDC) at Board level, supported by the Management Committee (MC) to ensure top-down leadership on sustainability. This commitment permeates through every division, championed by the appointment of 'Green Warriors' who encourage sustainability initiatives at all levels. Additionally, the Risk Management Committee (RMC) at Board level has now included sustainability risks to its remit to enhance our vigilance against potential threats while seizing opportunities for sustainable growth. [...] The oversight of matters pertaining to sustainability is the responsibility of two distinct Board committees: the Sustainability and Development Committee (SDC) and the Risk Management Committee (RMC). Under the direction of the CEO, the MC is tasked with developing and implementing strategies for Bursa Malaysia that are efficient to manage, including those pertaining to sustainability. At the operational level, Group Sustainability and other relevant divisions and departments are responsible for the development and implementation of sustainability strategies across all our enterprises. Group Sustainability is overseen by the Director of Group Sustainability, who reports directly to the CEO.

To strengthen our approach, we enhanced our sustainability governance in 2021 by establishing a new Sustainability and Development Committee (SDC) at the Board level. The SDC, together with the Risk Management Committee, drive our sustainability strategy and direction, ensuring that they are embedded in our daily operations. This also ensures Bursa Malaysia's key sustainability issues, challenges and opportunities receive the dedicated oversight of our Board. [...] Our Board of Directors is ultimately the key decision-making authority on all sustainability-related matters, including climate risks and opportunities. The Board strives to ensure climate-related considerations, where appropriate, are integrated into business plans and department performance scorecards of relevant departments. Our CEO updates the Board on a monthly basis on the progress and key milestones with respect to our climate aspirations and plans. To ensure sufficient focus on climate-related and other sustainability issues, we expanded the mandate for two dedicated board-level committees to support our Board. Both committees meet on a quarterly basis. [...] Our Risk and Compliance updates the RMC on progress with respect to TCFD implementation as well as our carbon emissions footprint on a quarterly basis. On the other hand, relevant business units will seek feedback and guidance, where required, from SDC on sustainability implementation efforts.

###### SUSTAINABILITY GOVERNANCE

###### Good governance is essential in ensuring that sustainability is integrated into our long-term growth strategy. As such, our Board of Directors has the responsibility to ensure that sustainability considerations are included in our decision-making process and strategy implementation. The Board is also responsible for ensuring that sustainability is embedded into our day-to-day operations.

Our sustainability-related matters are overseen by two specific Board committees, namely Sustainability and Development Committee (SDC) and Risk Management Committee (RMC). The SDC was established in place of the former Market and Development Committee in 2021, to further strengthen the framework for sustainability within the organization pursuant to the Malaysian Code on Corporate Governance (MCCG). To ensure the effectiveness of the SDC, the composition of the SDC includes independent members who are experts in sustainable development or sustainable finance.

###### Both the SDC and the RMC are supported by the Management Committee (MC), which consists of key senior management executives. The MC is led by the CEO and its role includes formulating and implementing the effective management of Bursa Malaysia's strategies, including those related to sustainability. At the operational level, Group Sustainability and other relevant divisions and departments are responsible for the development and implementation of sustainability strategies across all our businesses. Group Sustainability is headed by the Director of Group Sustainability, who reports directly to the CEO.

###### SUSTAINABILITY GOVERNANCE

###### Good governance is essential in ensuring that sustainability is integrated into our long-term growth strategy. As such, our Board of Directors has the responsibility to ensure that sustainability considerations are included in our decision-making process and strategy implementation. The Board is also responsible for ensuring that sustainability is embedded in our day-to-day operations.

Our sustainability-related matters are overseen by two specific Board committees, namely Sustainability and Development Committee (SDC) and Risk Management Committee (RMC). The SDC was established in place of the former Market and Development Committee in 2021, to further strengthen the framework for sustainability within the organisation pursuant to the Malaysian Code on Corporate Governance (MCCG). To ensure the effectiveness of the SDC, the composition of the SDC includes independent members who are experts in sustainable development or sustainable finance.

###### Both the SDC and the RMC are supported by the Management Committee (MC), which consists of key senior management executives. The MC is led by the CEO and its role includes formulating and implementing the effective management of Bursa Malaysia's strategies, including those related to sustainability. At the operational level, Group Sustainability and other relevant divisions and departments are responsible for the development and implementation of sustainability strategies across all our businesses. Group Sustainability is headed by the Director of Group Sustainability, who reports directly to the CEO.