SUSTAINABILITY REPORT Cont’d ABOUT PRESS METAL Established in 1986, Press Metal has grown from strength to strength, becoming the largest integrated aluminium producer in Southeast Asia. PMAH is listed on the Main Market of Bursa Malaysia and is one of the constituents of the FTSE Bursa Malaysia KLCI. In FY2022, PMAH was included into the FTSE4Good Bursa Malaysia Index as a recognition of the Group’s commendable sustainability practices. Press Metal’s principal business activities comprise manufacturing and trading of primary, value-added and extrusion aluminium products. Headquartered in Selangor, Malaysia, Press Metal primarily operates in Malaysia and China. We also operate distribution offices in Australia, United Kingdom and United States of America to meet the needs of local and neighbouring countries. Press Metal is equipped with an annual production capacity of 1,080,000 tonnes for the smelting segment that produces London Metal Exchange (“LME”) certified High-Grade aluminium ingots (P1020) as well as value-added products (i.e. billets, alloy ingots (A356.2), and wire rods) and is also a notable aluminium extrusion manufacturer with an annual production capacity of 210,000 tonnes. In addition to our smelting, casting and extrusion businesses, Press Metal has also invested in upstream operations (i.e. bauxite mining and alumina refining, as well as carbon anode manufacturing) through our joint investments in Indonesia, China and Australia. For more information regarding our primary business activities, kindly refer to the Management Discussion & Analysis by Group CEO section of this Annual Report Our Values Business Acumen The ability to enable strategic decision-making to support value creation for both the Group and its stakeholders Global Outlook To drive business growth with a global perspective and to progressively expand into top industry player Social Responsibility Upholding our role as a good corporate citizen by continuously contributing to the development of a better industry, community and the world Quality Excellence A constant focus to attain, retain and improve the quality of products based on industry benchmarks and clients' requirements Focused Teamwork Harnessing the collective capabilities and skill sets of our people towards realising company goals and objectives The bedrock of Press Metal’s culture lies in our core values, which steer our group-wide objectives towards achieving business success. Our culture prioritises collaboration, communication, and trust, permeating throughout the organisation and embraced by every employee. These core values serve as a framework, ensuring that every decision taken aligns with our corporate objectives, creates value for our stakeholders, and fosters a strong sense of social responsibility, thus providing our social license to operate as we recognise the importance of preserving and safeguarding the natural environment for future generations. PRESS METAL ALUMINIUM HOLDINGS BERHAD 83
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