Yinson Annual Report 2020

9 Annual Report 2020 ensure our sustainable growth for many years to come. To this end, we have been working hard to create avenues that encourage open and transparent dialogue, so that we can engage with and be accountable to all our stakeholders. Sustainability is one of Yinson’s Core Values, and something that we believe needs to be instilled in every decision we make in order to achieve long term success for Yinson. In line with our sustainability focus, the Board deliberated and supported several milestone developments that will strengthen the Group in the longer term. This includes the Group’s first renewables venture in India, our new Human and Labour Rights (“HLR”) Policy, determination of our material matters and a refresh of our Sustainability Policy. Yinson’s Board and Management further strengthened We are pleased to welcome two new Directors to Yinson’s Board this financial year. Puan Rohaya binti Mohammad Yusof was appointed as Non-Independent Non-Executive Director and Puan Sharifah Munira bt. Syed Zaid Albar as Independent Non-Executive Director on 1 January 2020. On that same date, we also announced the redesignation of Dato’ Mohamad Nasir bin AB Latif from Non-Independent Non- Executive Director to Independent Non-Executive Director. The appointments have indeed further strengthened the Board’s ability to lead the Group towards meeting the objectives and goals of Yinson. The diversity and experience of the Board has been enhanced, increasing our ability to make stronger decisions in the best interest of the Group. Our Key Management team was also strengthened this year in line with our growth. We welcomed David Brunt, Chief Executive Officer (“CEO”) of our Renewables Division in October 2019, marking the beginning of our diversification into renewable energy. Then just recently on 1 May 2020, Eirik Barclay moved into the corporate role of Group Executive Vice President of New Ventures and Technology, while Flemming Grønnegaard took up Eirik’s previous role as CEO, Offshore Production. We congratulate Eirik and Flemming on their new roles. Also on 1 May 2020, we welcomed Rolf Normann as Chief Operations Officer, Offshore Production. The wealth of knowledge and experience brought into the Group by these appointments positions Yinson to remain relevant as a leader in the energy business for many years to come. Appreciation On behalf of the Board, I would like to express our appreciation to the authorities, our clients, financiers, vendors and advisors for the continuous support rendered to us. Your support played a very important role in helping us move forward and achieve our various milestones along the way. Within the Group, a big thank you to our global Yinson family, you are forever Yinson’s core. Let’s continue to live up to all our Core Values! Thank you for your commitment and dedication all these years and for many more years to come. LIM HAN WENG Founder and Group Executive Chairman