Interfront 2025 Annual Report

88 INTERFRONT ANNUAL REPORT 2025 To further strengthen these efforts, Interfront has appointed an independent service provider to administer and manage a confidential whistle-blowing hotline and a dedicated email address. This external facility enables employees, suppliers, and other stakeholders to anonymously report suspected irregularities or unethical conduct without fear of retaliation. The use of an independent party ensures the integrity of the reporting process and supports a culture of openness, accountability and transparency. The service provider continuously monitors these channels on an ongoing basis and compiles monthly activity reports that are submitted to management for review. To maintain independent oversight, these reports are also shared with Interfront’s independent non-executive director, Mr. Gustav Vermaas, who plays a critical role in safeguarding the objectivity and credibility of the whistle-blowing process. As of the end of the reporting period, no incidents of fraud or corruption have been reported through these channels. While this result affirms the effectiveness of Interfront’s preventative controls and ethical culture, the company remains vigilant and continuously seeks opportunities to enhance its fraud risk management measures. Through its proactive and principled approach to fraud prevention and ethical governance, Interfront continues to protect its assets, preserve stakeholder trust, and uphold its responsibility as a public entity committed to serving the public interest with integrity. Conflicts of Interest Interfront is firmly committed to the principles of integrity, impartiality, and accountability in all aspects of its operations. Interfront recognises that effectively identifying and managing actual, potential, or perceived conflicts of interest is critical to maintaining the trust of its stakeholders and upholding sound governance practices. To this end, Interfront has implemented a comprehensive Conflict of Interest Policy, which serves as a key element of our ethical governance framework. The policy outlines clear guidelines and procedures for the disclosure, evaluation, and management of any personal, financial, or professional interests that may compromise, or appear to compromise, the objectivity or independence of employees, directors, or stakeholders involved in Interfront’s affairs. In accordance with the policy, all employees and directors are required to make annual declarations of interest, and to update these declarations promptly should their circumstances change. This obligation ensures ongoing transparency and enables the proactive identification of potential conflicts. These declarations are rigorously reviewed and are subject to continuous monitoring by the Governance Office with oversight by senior management and the Board of Directors. Where conflicts are identified, appropriate management actions are taken to mitigate risks, including recusal from decision-making processes, reallocation of responsibilities, or other control measures. The Board and its committees remain particularly vigilant in this regard, ensuring that any disclosed interests are addressed in a manner that protects the integrity of decision-making processes and prioritises the interests of the company.