WASCO BERHAD 38 STRATEGIC ROADMAP & PROGRESS EXPANDING OUR GLOBAL PRESENCE ENHANCING SHAREHOLDER RETURNS AND ENGAGEMENT Key Initiatives • Strengthening Market Presence in Renewable Energy – We are actively expanding our service offerings to support the development of renewable energy infrastructure. This year, we successfully delivered pipeline coating solutions for a CCUS project, marking a key milestone in our contribution to the energy transition. • Expanding into the Middle East – With a strong pipeline of tenders across the region, Wasco is poised to strengthen its presence in the Middle East, particularly in EPC and pipeline services. • Optimising Capital Allocation – Wasco remains committed to prudent financial management, maintaining a balance between growth investments and delivering value to our shareholders. Key Initiatives • Sustainable Dividend – We remain committed to delivering dividend payouts, balancing capital reinvestment with shareholder returns. • Strategic Capital Allocation – Wasco ensures disciplined and efficient deployment of capital to fund high-growth projects while maintaining a strong focus on profitability and long-term value creation. • Investor Relations & Transparency – We continue to enhance shareholder communication through quarterly briefings, investor meetings, and enhanced ESG disclosures. In 2024, Wasco hosted its inaugural Investor Day, attracting more than 100 participants, including analysts, fund managers, institutional investors, and bankers. • Share Buybacks & Capital Management – We are actively evaluating capital return strategies such as share buybacks to enhance market confidence and optimise our stock valuation. • Institutional Investor Engagement – We are broadening our institutional shareholder base, attracting long-term value investors aligned with Wasco’s sustainable growth strategy. During the year, Urusharta Jemaah and Employee Provident Fund (“EPF”) became substantial shareholders. Wasco’s growth strategy is underpinned by geographical expansion and strategic collaborations, allowing us to diversify our revenue base and access high-growth energy markets. Wasco is committed to delivering long-term value to shareholders through disciplined capital allocation, strong governance, and proactive investor engagement. Our balanced approach that focuses on to growth investments, dividends, and capital optimisation ensures sustainable financial performance. By reinforcing financial discipline, maintaining transparent investor communication, and upholding strong governance standards, we prioritise shareholder returns while safeguarding our financial resilience. Linked to: Material Matters Capitals F S Linked to: Material Matters Capitals F S 8 9 11 15 9 11 15
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