LEE SWEE KIAT GROUP

Lee Swee Kiat Group Bhd (LSK) is a

public company listed on the Bursa Malaysia
Securities Bhd. It was founded since 1975.
LSK owns two manufacturing facilities that
occupy a total land area of 440,000 square
feet. LSK is one of the most extensive
mattress manufacturers in South East Asia
with one stop production lines including natural latex foam, polyurethane foam and various
spring productions. More than 50% of LSK products are exported. LSK operates a retail chain
store under International Brands Gallery IBG, that promotes Ergonomic beddings and
furniture.

The Objectives of company

(a) To cultivate an environment of high integrity.

(b) To act as deterrent to potential fraud.
(c) To enhance awareness on the Groups stand on illegal, unethical and dishonest acts as well as
consequences ofsuch acts.
(d) To complement the internal audit function in minimising or early detection of fraud.

Gender Diversity

The Board acknowledges the benefits of a balanced gender diversity in the Board composition.
The current Board consistsof six (6) male and one (1) alternate female Director. The senior
management level consists of two (2) females and one(1) male. The average age for the current
six (6) Board Directors is 60.2 years and the senior management is 44.3 years.There are a total of
three (3) females which made up about 30% of the combined Board and senior management
team.

Lee Ah Bah @ Lee Swee Kiat

Non-Independent Non-Executive Chairman 78 years of age, Male, MalaysianMr. Lee Swee Kiat
was appointed to the Board of Directors of Lee Swee Kiat Group Berhad (LSK) on 3 February
2004.He is the founder of the Group. Mr. Lee started his business venture in 1975 as a furniture
wholesaler under Sun SunFurniture (M) Sdn Bhd. He ventured into manufacturing of laminated
foam in the 1980s and has since laid the foundationfor the Company to expand until today.

Dato Eric Lee Kong Sim

Managing Director 42 years of age, Male, Malaysian Dato Eric Lee was appointed to the Board
of Directors of LSK on 3 February 2004 as Executive Director. He was appointedas Managing
Director on 25 August 2011. He is a fellow member of the Association of Chartered Certified
Accountants(FCCA), a member of the Malaysian Institute of Accountants (MIA) and a member
of the Malaysian Institute of Taxation(MIT). He joined the Group since 1997 and currently also
hold the position as Chief Financial Officer of the Group. DatoEric Lee is currently the
President of Kuala Lumpur and Selangor Furniture Industry Association (KLSFIA).

Lee Kong Yam, Vincent

Executive Director 49 years of age, Male, MalaysianMr. Lee Kong Yam was appointed to the
Board of Directors of LSK on 3 February 2004 as Executive Director. In 1999,he obtained his
Master of Business Administration from Honolulu University, USA. He joined LSK Group since
1991 and currently heads the PU Foaming and Lamination Divisions.

Audit Committee

The Audit Committee was established on 26 July 2004. The terms of office of the Audit
Committee is reviewed annually and may be re-nominated and re-appointed by the Nominating
and Remuneration Committee. Its role and function is to assist the Board in overseeing the
Groups activities within its clearly defined terms of reference. The Audit Committee Report for
the current financial year can be found in pages 26 to 28 of this Annual Report.

AUDIT COMMITTEE

ABD MALIK BIN A RAHMAN Chairman, Independent Non-Executive Director

AU THIN AN @ LOW TEEN ANN Senior Independent Non-Executive Director

TAN CHENG LEARN Independent Non-Executive Director

AUDITORS

Nexia SSY (AF 2009),SSY Building @ Sentral,Level 1, 2A Jalan USJ Sentral 3,USJ Sentral,
Persiaran Subang 1,47620 Subang Jaya,Selangor Darul Ehsan, Malaysia.

The Groups corporate social responsibility (CSR) philosophy covers both the social and the
environmental aspects amidst our business strategy for long term sustainable and balanced
growth. This is in line with the CSR Framework for Public Listed Companies launched by Bursa
Securities.

CSR Activities

The Group acknowledges its social responsibilities to the community. The Groups products are
produced or managedto the highest standards in quality control. The Group uses food grade
purified water in the washing of its natural latex product to ensure highest level of cleanliness.

Every piece of latex foam is subject to vigorous tensile test through centrifugal-force cleaning to
ensure top qualityproducts are produced.