SALLEH MARICAN FOUNDATION CLG

WHISTLEBLOWER POLICY

The Salleh Marican Foundation (SMF) requires directors, officers, employees and volunteers to observe high standards of business and personal ethics in the conduct of their duties and responsibilities as well as to comply with all applicable laws and regulations in particular, the Anti-Money Laundering and Countering the Financing of Terrorism policy.

Reporting Responsibilities

The whistleblower policy is intended to encourage all concerned persons including the public to raise serious concerns such as suspected fraud, corruption, misconduct or suspected violations of any regulations or laws governing the operations of SMF.

Reporting Procedures

All suspected activities are to be reported in writing, electronic means, or in person to the Foundation’s Lead Independent Director, Dr Ahmad Magad. (A.Magad@outlook.com). Complainants may also raise their suspicions to any Board member, whom holds the responsibility to ensure that the matter is reported to the Lead Independent Director.

Acting in Good Faith

Any persons filing a complaint concerning a violation or suspected violation must be acting in good faith and have reasonable grounds for believing the information disclosed is true, accurate and indicates a violation.

Protection from Repercussions

The Foundation will do its utmost possible to protect all complainants who acted in good faith from any form of unintended consequences whether legal or otherwise.

Confidentiality

Reports of violations or suspected violations may be submitted on a confidential basis by the complainant. The confidentiality of the reports will be kept to the extent possible, consistent with the need to conduct an adequate investigation.

Cash Reward

Subject to a successful investigation, a cash reward of a minimum sum of Singapore Dollars Two Thousand only ($2,000.00) up to a maximum sum of Singapore Dollars One Hundred Thousand only ($100,000.00) shall be paid out to the complainant.

The Cash Reward amount shall be determined by the Board of Independent Directors based on the severity of the violation and the complexity of the case.