Yinson Annual Report 2020

75 Annual Report 2020 GOALS SET FOR FYE 2020 PROGRESS GOALS SET FOR FYE 2021 Build Information Technology (“IT”) capabilities • Review of IT Roadmap by the Board • Completed domain standardisation • Completed Phase 1 of Yinson’s Global Network Revamp • Supported digitalisation efforts within the Group • Supported rollout of Sharepoint collaboration platform • Complete Phase 2 of Yinson’s Global Network Revamp • Roll out enhanced cybersecurity readiness measures • Continue supporting digitalisation efforts within the Group • Support ongoing maintenance of Sharepoint collaboration platform Utilise digitalisation tools for HSEQ improvements • Completed development of digital apps for Safety Culture Transformation Programme • Identified HSEQ platforms to be integrated with other work processes within the Group • Established data indicators for environmental impact monitoring and control • Enhance existing management system to become fully integrated with all work processes, easy to use and certified to relevant standards • Develop the safety culture maturity to the next level, utilising new digital methods and tools • Ensure full environmental impact monitoring and control • Establish systems and processes for improved control and reduction in Cost of Poor Quality (“COPQ”) Strengthening of Document Control System Implemented Phase 1 of document control web portal • Implement Phase 2 of document control web portal • Initiate Document Management Standardisation across all projects Digitalisation and upgrade of supply chain management process • Completed Technical and Commercial evaluation and recommendation • Identified areas where frame agreements can be established • The Vendor Registration Platform (“VRP”) system to be compliant and qualified to ISO 9001 standards • Enhance capabilities relating to pre-qualification assurance and vendor performance • Increase the scope of the VRP to include analytics • Implement a standardised risk profile matrix