Manager's Delegate

Pacific Mutual has outsourced its internal audit function to Axcelasia Columbus Sdn Bhd (“Axcelasia Columbus”) since 23 November 2017. The function of the internal audit is to report on the adequacy, effectiveness and efficiency of the management, operations, risk management and internal controls of the Company. Axcelasia is located at Menara Bangkok Bank, Berjaya Central Park, 105 Jalan Ampang, 50450 Kuala Lumpur. The holding company of Axcelasia Columbus is Axcelasia Inc., which was incorporated on 21 August 2015 in Labuan, Malaysia under the Labuan Companies Act as a company limited by shares and is listed on the Singapore Stock Exchange. Axcelasia Inc. is primed for expansion into ASEAN and other markets. For more information, log on to www.axcelasia.com