Yinson Annual Report 2019

HSE INITIATIVES Safe workspaces are created when HSE knowledge permeates all levels of an organisation. At Yinson, we aim to foster this knowledge by ensuring our onshore and offshore employees are well-informed and engaged with respect to workplace safety. Onshore initiatives In FYE 2019, efforts to promote HSE in our offices included the training of selected employees to function as first aiders, floor wardens and firemarshals. In accordance with theOccupational Safety &Health Act, we also organised Basic Occupational First Aid, CPR and Automated External Defibrillator and Building Emergency Response and Basic Fire Fighting training for employees in our offices. Offshore initiatives We undertook two HSE initiatives within our operations inWest Africa in FYE 2019. This included a Personal Protective Equipment (“PPE”) campaign that aimed to address the correct use of PPE by encouraging all employees to provide feedback on their equipment. It also included an Isolation and Lock Out and Tag Out (“LOTO”) campaign to increase awareness of and knowledge about our LOTO systems. The Isolation and LOTO campaign was first introduced on FPSO JAK in Ghana and is currently undergoing implementation on FPSO Adoon in Nigeria. Our offshore vessel crew also underwent a Hazard and Risk Identification Training to promote the improvement of our safety culture for the long term reduction of safety incidents. In March 2018, the Slip, Trip Sustainability Statement & Fall campaign was introduced to address the finding that 13% of reported Unsafe Acts and Unsafe Conditions fromOctober to January 2017 were caused by slip, trip and fall hazards. The result of the campaign was a decrease in the occurrence of slip, trip and fall incidents from 13% to 5%. PROCESS SAFETY During operations onboard vessels, process safety incidents are defined as those events in which the integrity of our operating systems and assets are put at risk. At Yinson, process safety management is based on the integrity of our offshore vessels’ facilities and the measures in place to prevent and control events that have the potential to release hazardous materials to the environment. In FYE 2019, during the preparation works to decommission FPSOAllan offshore Gabon, two loss of primary containment events were recorded, but with no spill to the environment. Developing a culture for managing failure In 2018, we engaged an external consultant to evaluate the capacity of our head office team to effectively respond to major incidents. This built upon the findings of surveys conducted by the same consultancy in 2015 and 2017, which offered an equivalent diagnosis for our offshore team, Yinson Production. Moving forward, in line with the recommendations from the 2018 survey, we aim to foster learning and collaboration among our onshore employees for the development of a stronger team and a more robust culture for managing failure. In doing so, we hope to replicate the results seen in our offshore surveys, which saw a marked improvement in risk and failure management capabilities in 2017 due to improvements implemented following the 2015 survey. The safety culture of Yinson was evaluated against eight leadership behaviours. Yinson’s Group-wide score against the eight behaviours are listed below. Note: Reproduced with permission from Propel Sayfr AS, Norway. The Propel Sayfr benchmark is based on survey results frommore than 100,000 employees in maritime / offshore industry. Dilemmas Teamwork Speak-up 0 25 50 75 100 Feedback Learn Open Care Trust Industry average 71 66 78 74 61 76 71 80 Safety leaders capability scores from the Propel Sayfr Survey The ability to collaborate on difficult situations in challenging circumstances is essential for responding to mistakes, if, and when, they occur. At Yinson, we strive to build a culture where our people are able to effectively collaborate to handle mistakes if and when they occur before they escalate to major incidents, whether related to the health and safety of our staff or the financial and legal well-being of our business. Yinson Holdings Berhad ANNUAL REPORT 2019 54