Provision 12.1 of the Code: Company provides avenues for communication between the Board and shareholders The Company strives for timeliness and consistency in its disclosures to shareholders. It is the Company’s policy to keep all shareholders informed of developments or changes that will have a material impact on the Company’s share price, through announcements via SGXNet. Such announcements are communicated on an immediate basis, or as soon as possible where immediate disclosure is not practicable. Shareholders are provided with an update on the Group’s performance, position and prospects through the Company’s annual report. The Company’s half year and full year results announcements, corporate presentations, announcements and press releases are issued via SGXNet. Shareholders have access to information on the Group via the Company’s website. The Company discloses all material information on a timely basis to all shareholders. Shareholders are given the opportunity to pose questions to the Board or the Management at the general meetings. The members of the AC, NC and RC will be present at the general meetings to answer questions relating to matters overseen by the respective committees. Shareholders are provided sufficient time to submit questions after the publication of notice of general meeting and the Company will address these questions timely to accord shareholders with reasonable time to consider matters tabled at the general meetings prior to the closing date and time for the lodgment of the proxy forms. Provision 12.2 and 12.3 of the Code: Company has in place an investor relations policy and the policy set out mechanism of communication between the shareholders and the Company To enhance and encourage communication with shareholders and investors, the Company provides the contact information of its investor relations consultants in its press releases. Shareholders and investors can send their enquiries through email or telephone. An investor relations strategy is in place which sets the policies to regularly, fairly and effectively communicate with our shareholders. The Company maintains regular dialogue with shareholders through online Q&A, analyst briefings and at the general meetings. Analyst briefings are conducted for members of the investment community and media after each results announcement. Key management personnel including the Managing Director and Chief Financial Officer are present in these briefings. An online Q&A session is also conducted after each result announcement for shareholders to raise their queries with regard to the results. The results announcements, the analyst briefings presentation slides and the online Q&A responses are all published on SGXNet and are also made available on the Company’s website, www.megachem. com and investors’ relations website, www.shareinvestor.com. Please refer to Investor Relations section of this Annual Report. MANAGING STAKEHOLDERS RELATIONSHIPS Engagement with Stakeholders Principle 13: The Board adopts an inclusive approach by considering and balancing the needs and interests of material stakeholders, as part of its overall responsibility to ensure that the best interests of the company are served. Provision 13.1 and 13.2 of the Code: Engagement with material stakeholder groups Provision 13.3 of the Code: Corporate website to engage stakeholders The Company has identified stakeholders as those who are impacted by the Group’s business and operations as well as those who have a material impact on the Group’s business and operations. Such stakeholders include employees, contractors and suppliers, government and regulators, community, and shareholders and investors. The Company engages its stakeholders through various channels to ensure that the business interests of the Group are balanced against the needs and interests of its stakeholders. Stakeholders who wish to know more about the Group such as our business, industry, performance or sustainability practices can visit our website at www.megachem.com. 63 ANNUAL REPORT 2024 Corporate Governance Report
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