Reporting Philosophy

This is Axiata Group Berhad’s (“Axiata” or “the Group”) inaugural Integrated Annual Report 2017 (“IAR”), prepared according to the International Integrated Reporting Council’s (“IIRC”) International <IR> Framework.

In using the integrated reporting approach, we aim to provide our stakeholders with a concise yet comprehensive account of our business and strategies and demonstrate how value is created and shared.

This 2017 IAR applies global best practice which underpins our commitment to sustainable and long-term value creation through a reporting process that provides greater readability, clarity, coherence, materiality and connectivity of information.

Report Boundary and Scope

Axiata’s 2017 IAR covers financial reporting and also includes non-financial performance, opportunities, risks and outcomes attributable to or associated with our key stakeholders, which significantly influence our value creation abilities. It provides an account of our performance for the Financial Year beginning 1 January 2017 and ending on 31 December 2017 and builds on our previous reporting publications.

The report covers the primary activities of the Group, namely our three core business pillars of Digital Telco, Digital Businesses and Infrastructure.

Assurance

Our Financial Statements (“FS”) have been audited as fully disclosed in the Governance & Audited Financial Statements 2017 (“GAFS”). Limited assurance has been provided on selected disclosure in our Sustainability and National Contribution Report 2017 (“SNCR”). Both of those processes make up our 2017 IAR which contains both financial and non-financial indicators.

Approval by the Board

The Board has applied its collective mind in preparing and presenting Axiata’s first IAR, as guided by the International <IR> Framework by the IIRC. The Board acknowledges its responsibility in ensuring the integrity of this report, through good governance practices and internal reporting procedures.

Materiality

Our materiality assessment has been conducted in line with Bursa Malaysia Securities Berhad’s Listing Requirements. In this IAR, we have linked them with our six capitals as shown below. This approach underlines the relationship between our ability to create impact and the areas where we can make positive change.

Forward Looking Statements

This report contains forward looking statements characterised by words and phrases relating to future performance. Except for statements of historical fact, information contained within this IAR constitutes forward looking statements. These statements are provided to give potential investors and stakeholders the opportunity to understand management’s beliefs and opinions in respect of Axiata’s future. These statements are not guarantees of future performance and undue reliance should not be placed on them.

Axiata’s 6 Capitals

Suite of Reports

Axiata’s 2017 Annual Report Suite is made up of the following: