BIMB Integrated Annual Report 2019

Bank Islam Integrated Annual Report Bank Islam Malaysia Berhad (“Bank Islam“) is our wholly-owned subsidiary, focusing on the Islamic banking sector. It too publishes its own integrated annual report. bankislam.com/corporate-info/resources/annual-reports/ Takaful Malaysia Annual Report Syarikat Takaful Malaysia Keluarga Berhad (“Takaful Malaysia”) is our subsidiary, focusing on Takaful operations. It too publishes its own annual report. www.takaful-malaysia.com.my/corporate/investor/Pages/financialreports.aspx This Integrated Annual Report (“IAR”) for the financial year ended 31 December 2019 provides our stakeholders with pertinent information on our strategic progress and is a tangible representation of our leadership’s steadfast commitment in integrating our Group’s strategy development with good business management and reporting practices. Our integrated approach to business management, guided by our Key Priorities, means that the interests of our key stakeholders and our responses to these are discussed at the appropriate junctures throughout our report. Further details and comprehensive disclosure of our sustainability efforts are available at BIMB Holdings Berhad corporate website – www.bimbholdings.com/ sustainability. 2018 2018 2019 INTEGRATED ANNUAL REPORT 2018 INTEGRATED ANNUAL REPORT 2018 All informationdetailed in this IntegratedAnnualReport is correct at the timeofprinting. BANK ISLAMMALAYSIABERHAD (98127-X) Level 32,MenaraBank Islam No 22, JalanPerak 50450KualaLumpur Tel (6)03 2088 8000 Fax (6)03 2088 8028 www.bankislam.com.my BANK ISLAMMALAYSIABERHAD (98127-X) VALUE-DRIVEN PROGRESS VALUE-DRIVEN PROGRESS CoverB SYARIKATTAKAFULMALAYSIAKELUARGABERHAD (Formerly knownas Syarikat TakafulMalaysiaBerhad) (131646-K) We’veGotYou Covered YourPreferredChoice for Insurance 2018 ANNUAL REPORT GUIDING FRAME- WORK While we are guided by the International Integrated Reporting Council (“IIRC”) Framework in preparing this book, we also refer to the following frameworks: • Malaysian Financial Reporting Standards • Malaysia Companies Act 2016 • Bursa Malaysia’s Sustainability Reporting Guide ASSURANCE Our Group adheres to the principles of good governance, such as ensuring the reliability and completeness of the information presented in this IAR. This IAR was reviewed by Annual Report Working Committee (“ARWC”) members endorsed by the Board to ensure that it complies with the IIRC Framework, adequately presents the material matters that impact the Group and fairly represents our Group’s integrated performance and how it compares with our strategic aspirations. Together with the annual financial statements, this report was submitted to the Audit Examination Committee (“AEC”) to review and recommend to the Board for approval. The Board then gave the final approval for this IAR. Our financial statements are audited by PwC Malaysia for the financial year ended 31 December 2019. Assurance of the information and data pertaining to our sustainability disclosure is provided by BHB Sustainability Steering Committee that reports to BHB’s Board of Directors. REPORTING SCOPE AND BOUNDARIES The information in this IAR covers the 2019 financial year (1 January 2019 to 31 December 2019) and encompasses all business operations of BIMB Holdings Berhad (“BHB”), over which we have full control, and annual performance of our subsidiaries, unless stated otherwise. All significant items have been reported on a like-for-like basis; no major restatements were performed. This IAR should be read together with the information available on our website for a comprehensive overview of the Group. USE OF FORWARD- LOOKING STATEMENTS Throughout this IAR, we have used forward-looking statements that relate to the plans, objectives, goals, strategies, future operations and performance of our Group. Such statements usually contain words like ‘anticipates’, ‘believes’, ‘estimates’, ‘expects’, ‘intends’, ‘may’, ‘plans’, ‘projects’, ‘should’, ‘would’ and ‘will’, amongst others. We do not intend for these statements to be guarantees of future operating, financial or other results, as they involve risks, uncertainties and assumptions in their representation of various possible scenarios. As such, actual results and outcomes could differ significantly from those expressed or implied. Our Group makes no express or implied representation or warranty that the results anticipated by these forward-looking statements will be achieved. We are under no obligation to update either these forward-looking statements or the historical information presented in this IAR. • FTSE4Good Bursa Malaysia • Global Reporting Initiative G4 Approval By the Board The Board acknowledges its responsibility in ensuring the integrity of this report, through good governance practices and internal reporting procedures. Signed by Chairman TAN SRI HAJI AMBRIN BUANG Chairman 03 BIMB HOLDINGS BERHAD 199701008362 (423858-X) Shareholders’ Information Financial Statements Additional Information Disclosure Summary