13 SECTION 1 OVERVIEW OF WASCO BERHAD INTEGRATED ANNUAL REPORT 2025 Recognised by PETRONAS for Wasco Coating Malaysia’s achievement in LTI-Free Execution in coating services for linepipes and bends for the year 2025. 2025 KEY PERFORMANCE HIGHLIGHTS Awarded with an EPCC contract by Jaycorp Green Energy Sdn. Bhd. for a 70-tonne-per-hour biomass steam utility plant in the Pasir Gudang Industrial Zone, Johor. Launched a 25,000 m2 fabrication yard in Dubai’s Jebel Ali Free Zone (“Jafza”), followed by the inauguration of its new modular fabrication facility to support large-scale energy and industrial developments across the region. Secured the Governor’s Award presented in conjunction with the 23rd Anniversary of the Riau Islands Province for Wasco Engineering Indonesia’s commitment to empowering people’s safety and strengthening communities through sustainable job creation, continuous employee training, and long-term capability development. Wasco has emerged among the top five employers in the Riau Islands Province. Won the Best AI Solution - Corporate Award at the Qatar Digital Business Awards 2025 for our CARE Card Advanced Analytics (“CCAA”) platform, celebrating AI-powered safety intelligence that transforms over 100,000 multilingual safety observations into predictive insights and proactive safety decisions. Achieved an improved FTSE Russell ESG Score of 4.4, up from 4.1 a year earlier, placing Wasco in the 98th percentile within the Industry Classification Benchmark (“ICB”) for the Oil Equipment & Services sector. Recognised as Company of the Year (Energy Solutions) for Sustainability Leadership at the CSR Malaysia Awards 2025 for our commitment to purposedriven sustainability. Clinched the Gold award for the Energy sector at The Edge ESG Awards 2025 in recognition of our excellence in environmental, social and governance (“ESG”) practices. Recognised as a 3-Star Lister in the UN Global Compact Network Malaysia & Brunei (“UNGCMYB”) ESG Select List 2025 - marking Wasco as the first energy services company to be featured under this inaugural programme. A total of 170,267 lives benefitted from Wasco’s social impact projects. A total of RM342,929 was invested in community initiatives. A total of 10,759 volunteer man-hours were contributed in 2025. Successfully maintained the MS ISO 37001:2016 Anti-Bribery Management System (“ABMS”) certification. Trained and equipped 125 young Tanzanians from communities along the EACOP corridor through a six-month programme combining classroom and hands-on learning in electrical installation, motor vehicle mechanics, welding, masonry, and handloom weaving. Total rainwater harvested in 2025 amounted to 14,917 m3. 8,666 MWh electricity saved during the year throughout Wasco’s business and operations.
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