CORPORATE
GOVERNANCE

CORPORATE GOVERNANCE & RISK MANAGEMENT
AT FREEDOM PROPERTY FUND LIMITED

Freedom Property Fund Limited emphasizes robust corporate governance and risk management through the independent Audit and Risk Committee, which safeguards stakeholder interests and supports sustainable growth. The committee ensures clear separation between oversight and management, fostering accountability and transparency in operations.

Independent committee oversight
The Audit and Risk Committee operates independently from management, providing objective oversight and accountability to the board and shareholders, ensuring ethical and effective management practices.

Comprehensive governance responsibilities
The committee protects assets, oversees internal controls, assesses going concern status, ensures compliance, reviews external audits, and validates financial statements to strengthen operational resilience.

Risk management commitment
Freedom adopts a dynamic risk policy aligned with King IV governance principles, promoting a risk-aware culture where risks are seen as strategic opportunities, with the committee actively monitoring risk identification, assessment, mitigation, and reporting.

Transparency and continuous improvement
The committee ensures transparent financial reporting, engages with external auditors, and commits to ongoing review and enhancement of governance and risk management frameworks to adapt to evolving challenges.