Yinson Annual Report 2021

21 ANNUAL REPORT 2021 MANAGEMENT DISCUSSION & ANALYSIS OUR STRATEGY FOR GROWTH Yinson has had a unique journey over the past three decades or so, resulting today in four business divisions that have distinctive abilities to contribute to the energy and technology value chains. Our refreshed strategy framework highlights how the alignment between our six Group stategies and respective Divisional strategies can create synergies with and between our business divisions, to unlock even greater efficiencies and value. OUR STRATEGY BUSINESS Operationalise ESG Forefront of innovation and disruption CAPITAL Create sustainable shareholder value Tactical financial management ORGANISATIONAL Build a platform for growth Empower decision-making Carbon offsets Wave energy Offshore wind Project finance Project management Project operations Shared digitalisation platform 3D printing solutions for FPSO spare parts Shared corporate experience Supply chain Data/ cloud storage Electrification Research and development Carbon curtailment technology Marine technologies Asset lifecycle management Wind turbine technology Microgrid technology Battery technology Infrastructure partners Mooring RENEWABLES OFFSHORE PRODUCTION GREEN TECHNOLOGIES OFFSHORE MARINE Creating synergies