IHH Annual Report 2018

OUR COMMITMENT TO GOOD CORPORATE GOVERNANCE At IHH Healthcare Berhad (“IHH” or “the Company”), together with its subsidiaries (“the Group”), we recognise that building a culture of integrity in today’s highly competitive marketplace is vital to the ongoing success and sustainability of our operations. Underpinning the high standards we demand in every aspect of our operations is our commitment to the principles and practice of good corporate governance. In addition to delivering sustainable value and enhancing business integrity, good governance essentially reciprocates the confidence that our investors and other stakeholders place in us as we deliver on our corporate objectives and vision. The Board of Directors (“Board”), Management and staff of the Group affirm their commitment to upholding the guidelines, policies and practices of our corporate governance framework, which is modelled upon the best practices of the following industry-leading standards: • Malaysian Code on Corporate Governance (“MCCG”); • Main Market Listing Requirements (“MMLR”) of Bursa Malaysia Securities Berhad (“Bursa Securities”); and • Corporate Governance Guide: Moving from Aspiration to Actualisation by Bursa Securities (“CG Guide”). The requisite of good governance is accountability. At IHH, this begins at the top. Our Board is accountable for providing clear and accurate information to our investors, customers, employees, agencies and other stakeholders. To further this objective, the Board subscribes to internal guidelines on corporate disclosure policies and procedures based on the best practices recommended by Bursa Securities. The Group also abides by the guidelines of the respective regulators and authorities of the various countries in which it operates. The Board is pleased to present this statement pursuant to Paragraph 15.25 of the MMLR, in respect of the financial year ended 31 December 2018 (“CG Overview Statement”). The CG Overview Statement serves to show how our measures align with the principles of good governance in accordance with the MCCG. These comprise: (A) Board Leadership and Effectiveness; (B) Effective Audit and Risk Management; and (C) Integrity in Corporate Reporting and Meaningful Relationship with Stakeholders. The CG Overview Statement shall be read together with the Corporate Governance Report 2018, which is available on the Company’s website at www.ihhhealthcare.com/corporate- governance.html . Managing Director and CEO Audit Committee Risk Management Committee Nomination Committee Remuneration Committee Steering Committee Company Secretaries International Clinical Governance Advisory Council Corporate Governance Guidelines CG Guide Companies Act 2016 MMLR MCCG Corporate functions Operating companies’ management team Group Management Internal Audit Risk Management Sustainability Management Committee Shareholders Board of Directors Corporate Governance Framework 103 Governance CORPORATE GOVERNANCE OVERVIEW STATEMENT