As members of the board provide leadership that affects the financial and direction of a company, persons holding such positions must have the necessary qualities, competencies and experience that are conducive to the performance of their duties and responsibilities. This Fit and Proper Policy is to therefore set out the key criteria as a guide for selection, and re-appointment, of candidates proposed to be appointed (and re-elected) as directors of PRIVASIA Technology Berhad and its subsidiaries.

This Fit and Proper Policy also ensures compliance with the relevant provisions (and amendments thereto) of the Main Market Listing Requirements and the ACE Market Listing Requirements of Bursa Malaysia Berhad, and all other relevant regulations, directives and guidance provided by Bursa Malaysia.