INSIDE THIS REPORT 2 About This Report 4 Who We Are 6 Where We Operate & What We Do 8 Our Competitive Strengths 10 Corporate Information 12 2025 Key Performance Highlights 14 2025 in Focus 17 2025 Key Significant Events OVERVIEW OF WASCO BERHAD SECTION 1 KEY MESSAGES 18 Chairman and Managing Director/ Group Chief Executive Officer’s Statement 22 Chief Financial Officer’s Review 26 Financial Highlights 28 Business Review SECTION 2 VALUE CREATION 34 Value Creation Model 42 Key Market Trends 51 Strategic Roadmap & Progress 57 Key Risk & Mitigation Strategies SECTION 3 62 Chief Strategy Officer’s Statement 65 About This Report 67 Sustainability Across Our Operations 73 Stakeholder Engagement 79 Double Materiality 88 Sustainability Risk Management 92 Targets and Performance Scorecard 95 Economic 97 Environmental 115 Social 124 Governance 127 ESG Performance Data 130 Bursa Malaysia CSI Platform Table 136 Bursa Malaysia Sustainability Reporting Data (Year 2023 & 2024) 138 GRI Content Index 142 Independent Limited Assurance Report SUSTAINABILITY JOURNEY SECTION 4 Online Version This report and additional information on Wasco are available online at our corporate website, www.wascoenergy.com.
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