Frontken Berhad Annual Report 2023

Frontken Corporation Berhad 200401012517 (651020-T) • ANNUAL REPORT 2023 25 MESSAGES FROM SUSTAINABILITY COMMITTEE DEAR STAKEHOLDERS, Over the past two decades, Frontken Group has been dedicated to building technology and providing services that empower our customers to embrace sustainability, fostering a positive impact on our environment, communities, and society at large. Our commitment revolves around integrating technology, best practices, strategic partnerships, and streamlined processes, all united by a singular mission — to advance sustainability through actionable technology. Together with our customers, employees, and stakeholders, we strive to make a meaningful contribution to the environment and society. At Frontken Group, our unwavering commitment extends to health, safety, environmental responsibility, corporate accountability, and sustainable development. Our global focus is on delivering products, services, and technologies that not only enhance and promote sustainable business practices but also explicitly contribute to addressing the challenges outlined in the Sustainable Development Goals. We believe in the power of collaboration and collective efforts to create a more sustainable future, and we look forward to continuing our journey of making a positive difference in the world. In the fiscal year 2023 (“FY2023”), our journey was marked by considerable challenges, as the preceding two years unfolded a series of significant events that rapidly shaped a highly intricate and uncertain landscape. This period has highlighted both the resilience and fragility of our global economic, environmental, social, and governance systems. The world collectively navigated through a global supply chain disruption, prolonged conflicts, diverse natural disasters, and heightened political tensions, alongside grappling with challenges such as high inflation and economic slowdown. As we adapt to the new realities forged by these challenges, our concerns now encompass critical issues like climate change, environmental conservation, peace, prosperity, and economic recovery. It is evident that the global business community needs a profound industrial transformation, fostering collaboration, and making necessary adjustments to navigate these complexities. Responding with heightened innovation, embracing responsible technology, adopting sustainable business operations, mitigating carbon emissions, and transitioning to sustainable energy sources are imperative steps. To address these challenges effectively, it is crucial for businesses to prioritise compliance with laws and regulations, uphold high ethical standards, and integrate sustainability into their overall development strategy. Our commitment is to contribute to this transformative journey, fostering responsible practices and making a positive impact on the global stage. Together, through innovation and sustainable practices, we can create a more resilient and equitable future for all. TRANSFORMATIONAL JOURNEY At Frontken Group, our commitment to transformation remains steadfast as we continuously evolve our business operations, focusing our innovation efforts on areas where our technologies, processes, systems, and capabilities can drive meaningful change and accelerate progress. We understand the dynamic nature of our stakeholders, customers, and supply chains, and we are dedicated to addressing climate change risks, clean water challenges, circular economy principles, and fostering green innovation and sustainable production practices. Our transformational journey is intricately woven with our sustainability development efforts. We firmly believe that the most significant impact we can achieve is through collaboration with our stakeholders, including customers, partners, and suppliers. By working together, we can co-create sustainable innovations and green production solutions that effectively address global challenges and enhance the efficiency of value chains. At Frontken Group, we are committed to leading by example, integrating sustainability into every aspect of our business, and driving positive change that extends beyond our organisation. Through our collective efforts and shared vision, we aim to contribute to a more sustainable and resilient future for generations to come. SUSTAINABILITY REPORT

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