100 WASCO BERHAD SECTION 4 SUSTAINABILITY JOURNEY Short-Term Ambition and Actions (by 2026) These new installations join our existing solar assets at facilities in Shah Alam (498 kWp) and Brisbane (40 kWp). Our momentum will continue into 2026 with the planned commissioning of three more solar systems: a 644 kWp system at a manufacturing facility in Shah Alam, a 1,200 kWp system at a pipe manufacturing plant in Kota Kinabalu, and a 54 kWp system for a service centre in Sandakan. 3. Addressing Residual Emissions with NatureBased Solutions: For any remaining, hard-toabate emissions, we will leverage the carbon stock generated from our Wasco Forest initiative. This provides a high-integrity, nature-based solution for insetting and ensures we have a credible pathway to neutralise our final emissions to achieve our Net-Zero goal. Enhancing Transparency: Underpinning these operational actions is our commitment to bestpractice disclosure. We are pursuing a phased and systematic adoption of the IFRS S2 standard to ensure our climate-related disclosures are transparent, consistent, and decision-useful for our stakeholders. Our immediate focus is on the rapid decarbonisation of our own operations to achieve Net Zero Scope 1 and 2 GHG Emissions by 2026. This goal is supported by a clear strategy and significant investments in low-carbon fuels, renewable energy, and nature-based solutions. Our key actions to achieve this target are focused on three fronts: 1. Addressing Scope 1 Emissions with Low-Carbon Fuels: To tackle our direct emissions, we are focused on transitioning to lower-carbon fuels in our most energy-intensive operations. In 2025, we successfully implemented the use of biodiesel at our engineering fabrication site in Batam, Indonesia, a facility with significant diesel consumption. 2. Addressing Scope 2 Emissions through Aggressive Solar Expansion: We are rapidly expanding our onsite solar energy generation capacity across our global facilities to reduce our electricity-related emissions. In 2025, we made significant progress: • A new 1,283 kWp solar installation was commissioned at our pipe coating facility in Kuantan, Malaysia. • An additional 100 kWp of solar capacity was added to the existing 340 kWp system at our fabrication facility in Teluk Panglima Garang, Malaysia. SUSTAINABILITY JOURNEY
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