British American Tobacco Malaysia - BAT Malaysia secures corporate governance awards

Kuala Lumpur, 8 October 2021 – British American Tobacco (Malaysia) Berhad (BAT Malaysia) has been recognised by the Minority Shareholders Watchdog Group for excellence in corporate governance. In particular, BAT Malaysia received the Corporate Governance Disclosure Excellence Award and the Industry Excellence Award for Consumer Products and Services.

The ASEAN Corporate Governance Scorecard was used to measure the implementation of good corporate governance among 851 participating companies. BAT Malaysia was chosen as the recipient of both awards by representatives from professional bodies, corporate governance experts, academicians, investment professionals and those familiar with the Malaysian equity market.

The ASEAN Corporate Governance Scorecard was used to measure the implementation of good corporate governance among 851 participating companies. BAT Malaysia was chosen as the recipient of both awards by representatives from professional bodies, corporate governance experts, academicians, investment professionals and those familiar with the Malaysian equity market.

Nedal Salem, Managing Director of BAT Malaysia:

“I’m very proud that BAT Malaysia has been recognised by MSWG with these awards. As part of our A Better Tomorrow™ purpose, we strive for excellence in corporate governance. Conducting our business with honesty, integrity and transparency is not only the right thing to do, but it is also critical to the continuing development of a business that is responsible, successful and sustainable in the long term.”

MSWG Chief Executive Officer, Devanesan Evanson:

“2020 marks the ninth year that the Minority Shareholders Watchdog Group has undertaken the corporate governance assessment project. By being recognised for upholding high levels of corporate governance, BAT Malaysia not only builds trust with investors and the community, but BAT Malaysia’s employees also stand to gain from working in a company whose corporate reputation fosters a culture of integrity which leads to a positive performing and sustainable business.”

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For more information on British American Tobacco Malaysia, please visit www.batmalaysia.com.

About British American Tobacco (Malaysia) Berhad

British American Tobacco (Malaysia) Berhad is the leading tobacco company in Malaysia. This strong position is built upon a portfolio of high-quality tobacco products designed to meet diverse consumer preferences and build A Better Tomorrow by reducing the health impact of our business through offering a greater choice of enjoyable and less risky products for our consumers. Our portfolio includes world- famous brands like DUNHILL, KENT, PETER STUYVESANT, PALL MALL, ROTHMANS and KYO.

British American Tobacco Malaysia employs 452 employees who are involved in a wide spectrum of disciplines, from generating insights, developing brands, and making these available on a national level. In addition, we also set leading edge talent development practices as well as ensure a strong foundation of corporate governance and shareholder relations. The company is part of the British American Tobacco group, which is the world’s most international tobacco group and the second largest stock market listed tobacco group by global market share.