Yinson Annual Report 2021

48 YINSON HOLDINGS BERHAD SECTION 01 : OVERVIEW 49 ANNUAL REPORT 2021 YINSON'S STRATEGIC FRAMEWORK AND EDGE YINSON'S STRATEGIC FRAMEWORK AND EDGE BUSINESS DIVISIONS GOALS STRATEGIES Short to medium-term (1 to 5 years) Long-term (6 to 10 years) OFFSHORE PRODUCTION t *ODSFBTF QPSUGPMJP PG QSPmUBCMF BTTFUT DSFBUJOH MPOH UFSN &#*5%" PG 64% NJMMJPO t -FBE UIF XBZ UPXBSET OFU [FSP XJUI SFTQPOTJCMF TPMVUJPOT t &YFDVUF QSPKFDUT PO UJNF BOE PO CVEHFU UP TVQQPSU B TUSPOH CSBOE SFQVUBUJPO t %FMJWFS PO PVS QSPNJTFT UP DMJFOUT BOE TUBLFIPMEFST PO IJHI RVBMJUZ PQFSBUJPOT t .BJOUBJO B TBGF XPSLQMBDF BU BMM UJNFT t #VJME TUSPOH MFBEFSTIJQ UFBN TLJMMFE XPSLGPSDF BOE DPSQPSBUF DVMUVSF t $POUJOVF UP CVJME B TVTUBJOBCMF QJQFMJOF PG DPOWFSTJPO BOE SFEFQMPZNFOU QSPKFDUT JODMVEJOH UISPVHI NFSHFST BOE BDRVJTJUJPOT t 1SPBDUJWFMZ ESJWF &4( JOJUJBUJWFT UP GVMmMM (SPVQ HPBM PG SFEVDJOH DBSCPO JOUFOTJUZ CZ CZ ø t *OWFTU JO BTTFU MJGFDZDMF NBOBHFNFOU WJB B QSPBDUJWF EJHJUBMJTBUJPO TUSBUFHZ t &OIBODF MFBSOJOH PQQPSUVOJUJFT JOWFTU JO MFBEFSTIJQ TBGFUZ BOE DPSQPSBUF DVMUVSF EFWFMPQNFOU t $POUJOVPVT EFWFMPQNFOU PG PVS BTTFU QPSUGPMJP DSFBUJOH B TUSPOH PSEFS CPPL XJUI TUBCMF DBTInPXT ø t 0QUJNJTF DBQJUBM TUSVDUVSF BOE FYQBOE MJRVJEJUZ QPPM UP DBQUVSF NBSLFU PQQPSUVOJUJFT t $POUJOVPVTMZ FWBMVBUF UIF FGGFDUJWFOFTT PG PVS TVQQMZ DIBJO BOE QSPKFDU FYFDVUJPO QIJMPTPQIZ RENEWABLES t #F B TJHOJmDBOU TUBOEBMPOF CVTJOFTT XJUIJO :JOTPO t 1BSUJDJQBUF JO UIF GVMM SFOFXBCMFT WBMVF DIBJO t 1BSUJDJQBUF HMPCBMMZ CZ JEFOUJGZJOH BOE GPDVTJOH PO LFZ DPSF NBSLFUT XJUI TDBMF WBMVF QPUFOUJBM t %FMJWFS BEEJUJPOBM WBMVF UISPVHI FGmDJFOU DBQJUBM SFDZDMJOH t %FWFMPQ TJHOJmDBOU QSFTFODF JO UISFF NBSLFUT BOE (8 QSPKFDU QJQFMJOF CZ ':& t %FMJWFS HSPXUI CPUI PSHBOJDBMMZ BOE UISPVHI BDRVJTJUJPOT XJUI GPDVT PO HSPXUI JO DPSF NBSLFUT t #VJME B MFBO BOE FYQFSJFODFE UFBN ø t -FWFSBHF JOUFSOBM UFBNT CPUI MPDBMMZ BOE HMPCBMMZ JOWFTUJOH JO USBJOJOH BOE EFWFMPQNFOU t &TUBCMJTI PQFSBUJPOT JO mWF UP TFWFO NBSLFUT XJUI B DPNCJOFE EFWFMPQNFOU BOE PQFSBUJOH QPSUGPMJP PG UP (8 CZ ':&ø t "DIJFWF PQUJNJTFE PQFSBUJPOT UISPVHI EJHJUBMJTBUJPO BOE JOOPWBUJPO t "EPQU FGmDJFOU DBQJUBM SFDZDMJOH TUSBUFHJFTøBOE CVJMEøTUSPOH FRVJUZ BOE SFmOBODJOH QBSUOFSTIJQT GREEN TECHNOLOGIES t &TUBCMJTI HSFFO UFDIOPMPHJFT BT B NBKPS SFWFOVF TUSFBN GPS :JOTPO t %FWFMPQ QSPmUBCMF EJTSVQUJWF CVTJOFTTFT CBTFE PO DMFBO UFDIOPMPHJFT BOE EJHJUBMJTBUJPO t "DIJFWF B OFU DBSCPO [FSP CVTJOFTT t *EFOUJGZ BOE JOWFTU JO TUSBUFHJD HSFFO UFDIOPMPHZ DPNQBOJFT BOE EFWFMPQ BTTFUT XJUIJO UIF NBSJOF NPCJMJUZ BOE FOFSHZ TFHNFOUT t 3FMFOUMFTTMZ ESJWF JOOPWBUJPO JO BMJHONFOU XJUI HPWFSONFOU JODFOUJWFT BOE HMPCBM FOFSHZ NFHBUSFOET t #VJME MPX DBSCPO CVTJOFTTFT TFSWJOH DPNNFSDJBM BOE JOEVTUSJBM DVTUPNFST TVQQPSUJOH UIFJS PXO OFU [FSP BNCJUJPOT t "DDFMFSBUF CVTJOFTT HSPXUI CZ XPSLJOH XJUI MJLF NJOEFE QBSUOFST BOE BUUSBDUJOH JOWFTUNFOU DBQJUBM t &TUBCMJTI :JOTPO BT B SFDPHOJTFE CSBOE XJUIJO OFU DBSCPO [FSP UFDIOPMPHJFT BOE CVTJOFTTFT t %FWFMPQ B OFU DBSCPO [FSP TPMVUJPOT QMBUGPSN DBQBCMF PG BEBQUJOH BOE JODPSQPSBUJOH OPWFM UFDIOPMPHJFT OFFSHORE MARINE t .BJOUBJO B TUSPOH VUJMJTBUJPO SBUF t .BJOUBJO BO JOEVTUSZ MFBEJOH TBGFUZ BOE QFSGPSNBODF USBDL SFDPSE t $SFBUF GVSUIFS WBMVF UISPVHI TZOFSHJTUJD NFSHFS PQQPSUVOJUJFT t "DIJFWF TUSPOH VUJMJTBUJPO SBUF UISPVHI BDUJWF DMJFOU FOHBHFNFOU t "EPQU JOEVTUSZ CFTU QSBDUJTFT UP NFFU TBGFUZ BOE PQFSBUJPOBM UBSHFUT t 4USFBNMJOF CVTJOFTT BOE TFFL TZOFSHJTUJD NFSHFST GPS WBMVF DSFBUJPO t &TUBCMJTI JOEVTUSZ MFBEJOH JNQSPWFNFOUT JO TBGFUZ BOE QFSGPSNBODF QSPDFTTFT t &YFDVUF TZOFSHJTUJDøNFSHFST GPS PWFSBMM WBMVF DSFBUJPO PG UIF (SPVQ ø STRONG SUPPORTING FOUNDATION – CORPORATE TEAM AND BUSINESS UNITS YINSON’S EDGE OUR STRATEGY DIVISIONS 4VTUBJOBCJMJUZ DPNNJUNFOU %JTDJQMJOFE CVTJOFTT BOE mOBODJBM NBOBHFNFOU 1SPGFTTJPOBM BOE TLJMMFE QSPKFDU NBOBHFNFOU *OEVTUSZ MFBEJOH PQFSBUJPOBM FYQFSUJTF 4USPOH CVTJOFTT BOE mOBODJBM QBSUOFSTIJQT "HJMF BOE JOOPWBUJWF NJOETFU "CJMJUZ UP BUUSBDU BOE SFUBJO UPQ UBMFOU Create synergistic value VISION 5P CF B HMPCBM FOFSHZ TPMVUJPOT QSPWJEFS UIBU JT LOPXO GPS CFJOH SFMJBCMF PQFO BEBQUBCMF EFDJTJWF BOE TVTUBJOBCMF MISSION 1BTTJPOBUFMZ EFMJWFSJOH powerful TPMVUJPOT CORE VALUES 3FMJBCMF 0QFO "EBQUBCMF %FDJTJWF 4VTUBJOBCMF OFFSHORE PRODUCTION RENEWABLES GREEN TECHNOLOGIES OFFSHORE MARINE #64*/&44 Operationalise ESG Forefront of innovation and disruption $"1*5"- Create sustainable shareholder value Tactical financial management 03("/*4"5*0/"- Build a platform for growth Empower decision-making GS1 GS3 GS5 GS2 GS4 GS6 DIVISIONAL GOALS AND STRATEGIES