Yinson Annual Report 2019

In producing this report, Yinson draws on stakeholder feedback and reviews the issues that are considered as most important in our strategic plan, risk framework and our policies. PricewaterhouseCoopers PLT (“PwC”), the external auditors, provided an independent opinion on whether the financial statements of the Group and the Company in this report gave a true and fair view of the financial position, financial performance and cash flows for the financial year ended 31 January 2019. As required by Paragraph 15.23 of the Bursa Malaysia Securities Berhad (“Bursa Securities”) Main Market Listing Requirements (“MMLR”), PwC also reviewed the Statement on Risk Management and Internal Control included in this report. Their limited assurance review was performed in accordance with the Malaysian Institute of Accountants’ Audit and Assurance Practice Guide (“AAPG”) 3. AAPG 3 does not require the external auditors to form an opinion on the adequacy and effectiveness of the risk management and internal control systems of the Group. Other sections of this report have been prepared in accordance with the guidelines established by Bursa Securities MMLR, the Malaysian Code on Corporate Governance 2017, Bursa Securities Sustainability Reporting Guidelines, and Corporate Governance Guide (3rd Edition). About this report Yinson’s Annual Report is designed to keep our stakeholders up to date on how we have performed and what we have achieved over the past year. Yinson references the Integrated Reporting <IR> Framework in the creation of this report. This is an internationally recognised reporting framework that aims to provide a concise view of how Yinson creates sustainable value for our stakeholders. It is our ambition to move towards an integrated reporting framework for future sustainability disclosure and we view our more robust Sustainability Statement in this Annual Report 2019 as a solid first step in achieving this. This report covers the financial reporting period 1 February 2018 to 31 January 2019. Forward-looking statements This report contains certain forward- looking statements with respect to Yinson’s financial position, results, operations and businesses. Statements contained in this report may involve risk and uncertainty as they relate to events and depend on circumstances that occur in the future. There are various factors that could cause actual results or developments to differ materially from those expressed or implied by these forward- looking statements. Board approval The Board of Directors of the Company (“Board”) acknowledges its responsibility for ensuring the integrity of this report and to the best of its knowledge believe that this report addresses all material issues and presents fairly the integrated performance of the organisation and its impacts. This report has been prepared in line with best practice and the Board confirms that it has approved the release of this Annual Report 2019. Let us know what you think If you would like to comment on this Annual Report or any of the information we have covered in these pages, please email corporatecomm@yinson.com. 1 Yinson Group Overview Strategy and Sustainability Governance Accountability Annual General Meeting