Yinson Annual Report 2019

As an experienced player in the FPSO industry, Yinson is dedicated to sharing our knowledge with our peers through participation in industry conferences and events. In doing so, we are able to enhance industry excellence while also providing support to our peers. In FYE 2019 we participated in the Offshore Technology Conference Asia in Kuala Lumpur, Offshore Technology Conference in Houston, Upstream West Africa Summit in Senegal, Rio Oil andGas Exhibition in Brazil, Africa Oil Week in Cape Town, Local Content Conference and Exhibition inGhana and the FPSOWorld Congress in Singapore. In September 2018, Yinson participated in industry knowledge sharing at the FPSOWorld Congress 2018 held in Singapore. A total of 20 employees fromour Oslo, Singapore Supporting industry capability building Yinson at the FPSOWorld Congress 2018 Yinson at the FPSOWorld Congress 2018 Yinson at the Local Content Conference and Exhibition, Takoradi, Ghana and Kuala Lumpur offices participated as delegates in the two-day event. Our involvement provided an opportunity for Yinson to share best practices as a key player in the global FPSO industry and to learn fromour peers. Themed “DrivingOutput Productivity and FPSOProject Profitability”, the congress saw industry professionals fromaround the world gather to discuss the overall life cycle of an FPSO, examine opportunities to increase productivity and identify innovative ways to reduce costs. During the event, members of Yinson’s offshore production team shared their expertise by serving as a panel experts for a discussion of the theme “Preserving the Downturn’s Upside” and presenting on the topic of “Achieving Cost Reductions Through a Supplier-Led Supply Chain Solution”. In November 2018, Yinson served as a Gold Sponsor for the 5 th Annual Local Content Conference and Exhibition held in Takoradi, Ghana. Organised by the PetroleumCommission Ghana, which regulates, manages and coordinates upstream petroleum activities, the three-day event sought to enhance the competitiveness of local companies in the upstream petroleum industry. Under the theme ‘’Five Years of Local Content in the Ghana Upstream Petroleum Industry: Achievement and Challenges”, discussion topics included challenges and prospects of joint venture arrangements, learning from the past and preparing for the future. The event was attended by seven delegates from Yinson’s Accra and Takoradi offices. 45 Yinson Group Overview Strategy and Sustainability Governance Accountability Annual General Meeting