2 WASCO BERHAD SECTION 1 OVERVIEW OF WASCO BERHAD SCOPE AND BOUNDARY OF REPORTING This Integrated Annual Report (“IAR”) covers the financial year (“FY”) from 1 January 2025 to 31 December 2025, unless otherwise stated. Information presented relates to the activities of the Group comprising our subsidiaries, joint operations, joint ventures and associates. FORWARD-LOOKING STATEMENTS This report contains certain forward-looking statements relating to future performance. These statements and forecasts are based on current assumptions and circumstances, which could change, hence involve uncertainty. Various factors could cause actual results to differ materially from those expressed or implied by these forward-looking statements. OUR TARGETED READERS This is our primary report to stakeholders and is intended to address the information requirements of long-term investors (our equity and prospective investors). We also present information relevant to the way we create value for other key stakeholders, including our employees, clients, business partners, regulators, and communities. ABOUT THIS REPORT MATERIALITY The information presented in this report addresses matters that are most material to our business and stakeholder value. We identify, prioritise, and validate our material matters via a double materiality assessment. INDEPENDENT COMBINED ASSURANCE STATEMENT The credibility of this report is supported by strong governance practices. Assurance for this report is provided by our Board of Directors, with independent verification by PricewaterhouseCoopers PLT, Malaysia (“PwC”) our external auditors, who audit the financial information and provide limited assurance on selected non-financial disclosures. FEEDBACK We look forward to receiving and responding to any feedback on this report from our stakeholders. Please channel your feedback or query to: Chief Strategy Officer Address: Suite 19.01, Level 19, The Gardens North Tower, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur, Malaysia Tel : +603-2685 6800 E-mail : enquiry.investorrelations@wascoenergy.com
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