31 December 2023, 31 auditors in GIA hold various professional certifications, as outlined below: CERTIFICATION NO. OF CERTIFICATIONS OBTAINED Certified Internal Auditor (CIA) 14 Professional Technologist 11 Certification in Risk Management Assurance (CRMA) 4 Certified Information System Auditor (CISA) 4 Association of Chartered Certified Accountants (ACCA) 3 Chartered Accountant (Malaysia) 3 CISCO Certified Network Associate (CCNA) 3 Certified COBIT 5 3 Professional Engineer 2 Certified Fraud Examiner (CFE) 1 Chartered Institute of Management Accountants (CIMA) 1 Malaysia Institute of Certified Public Accountants (MICPA) 1 Total 50 In delivering value to the Company and ensuring the efficiency of audit activities, the internal auditors’ key performance indicators include value creation in terms of cost savings/recoveries and business process improvements implemented, completion of audit plan, and audit turnaround. Beyond executing audit engagements,GIA was proactively involved in bolstering the internal control system across operations through sharing of knowledge and best practices on risk management and internal controls. RESOURCES The internal audit activities for FY2023 were carried out by a team of 62 internal auditors with diverse disciplines, as summarised below: The overall cost incurred in managing the internal audit function for FY2023 is RM14.93 million, comprising mainly staff costs and other operating expenses, as follows: RM14.93 million Total Costs Incurred for FY2023 RM13.67 mil (92%) Staff costs RM1.26 mil (8%) Other operating costs Engineering 25 (40%) Accounting, Finance and Business 30 (48%) Quantity Surveying 2 (4%) System & Data Analyst/Information Technology 5 (8%) 62 Total Number of Auditors STATEMENT ON INTERNAL AUDIT FUNCTION CREATING VALUE THROUGH STRONG GOVERNANCE Sec 4 175 In addition to the above, 32% (20 auditors) are actively engaged in pursuing professional certifications at various levels. GIA commits to ensure that the level of auditors’ skills, knowledge and competencies are