21 SECTION 2 KEY MESSAGES INTEGRATED ANNUAL REPORT 2025 This progress is underpinned by a disciplined approach to governance, risk management, and cyber resilience, reflecting the increasing interconnectedness of our systems, data, and operations. We have continued to strengthen our internal frameworks and controls, aligned with internationally recognised standards of ISO27001:2022, to ensure that our digital capabilities are developed and scaled in a structured and secure manner. As we continue to embed these capabilities across the organisation, our focus remains on aligning digital innovation with long-term business outcomes, reinforcing Wasco’s position as a resilient and forward-looking energy infrastructure solutions provider. A key milestone in 2025 was the continued progress of the Wasco Forest initiative in Pahang, launched in 2021 to restore a degraded forest site within the Berkelah Forest Reserve, which is part of Malaysia’s Central Forest Spine ecological corridor. Over three years, 160,000 native forest trees were replanted across 100 hectares, helping to restore ecological balance within the landscape. An independent Rapid Biodiversity Assessment conducted in late 2025 recorded more than 300 plant species and confirmed the return of endangered wildlife, including the Asian Elephant, Malayan Tapir, and Dhole – an encouraging sign that the restored landscape is beginning to function again as an active wildlife corridor. Building on these encouraging results, Wasco launched Phase 2 of the Wasco Forest programme in 2025, expanding the initiative to 770 hectares with a long-term ambition to plant one million trees. For Wasco, this initiative reflects a broader principle: long-term value creation must extend beyond financial performance into how we operate, restore, and sustain the environments where we work. Operational excellence, environmental stewardship, and financial resilience are interconnected pillars of the same discipline. Further details are available in the Value Creation Model section pages 34 to 41, Strategic Roadmap & Progress pages 51 to 56, as well as the Chief Strategy Officer’s Statement and Sustainability Journey from pages 62 to 146. POSITIONED FOR THE NEXT PHASE OF GROWTH As the global energy system continues to evolve, the need for reliable, well-executed infrastructure will remain fundamental to both energy security and the transition towards lower-emission energy systems. With the capabilities we have built, Wasco is well positioned to support this evolving landscape – delivering complex energy infrastructure projects with the discipline, technical expertise, and operational reliability our customers expect. At the same time, the Group will continue to review how best to deploy its capital and capabilities across its portfolio, ensuring that Wasco remains resilient, adaptable, and focused on long-term value creation. Powered by our people and guided by a clear sense of purpose, Wasco will continue unlocking the potential of the platform we have built – creating sustainable value for our shareholders while supporting the infrastructure that powers economies and communities. CLOSING REFLECTIONS As we reflect on the year behind us, we are reminded that the progress achieved is ultimately the result of the collective efforts of our people, partners, and stakeholders. On behalf of the Board and Management, we would like to thank our employees, customers, shareholders, and partners for their continued trust and support. Their confidence in Wasco strengthens our resolve as we continue building a company that remains disciplined, resilient, and focused on long-term value creation. Thank you. Dato’ Seri Robert Tan Chung Meng Chairman Wasco Berhad Gian Carlo Maccagno Managing Director/Group Chief Executive Officer Wasco Berhad CHAIRMAN AND MANAGING DIRECTOR/ GROUP CHIEF EXECUTIVE OFFICER’S STATEMENT
RkJQdWJsaXNoZXIy NDgzMzc=