66 WASCO BERHAD SECTION 4 SUSTAINABILITY JOURNEY REPORTING SCOPE AND BOUNDARIES This SR covers all of Wasco’s subsidiaries and operations for the financial year ended 31 December 2025. Wasco reports on an operational control basis, focusing on assets, offices, and activities where it is the operator and has management control over policies and practices. While operating environments vary across Business Units (“BUs”), we have sought to harmonise core reporting areas where feasible, while highlighting notable BU-specific achievements. This SR excludes our Joint Venture (“JV”) and associate companies, as Wasco does not exercise operational control over their day-to-day management and sustainability practices. REPORTING PRINCIPLES This report presents the sustainability performance of Wasco’s strategic businesses. In determining its content, the following GRI Reporting Principles have been applied to ensure clarity, relevance, and high- quality disclosures: • Accuracy: Reporting information that is correct and sufficiently detailed to allow an assessment of the organisation’s impacts. • Balance: Reporting information in an unbiased manner to provide a fair representation of the organisation’s positive and negative impacts. • Clarity: Presenting information in a way that is accessible and easy to understand. • Comparability: Selecting, compiling, and reporting information consistently to enable analysis of the organisation’s impacts over time and in comparison to other organisations. • Completeness: Providing sufficient information to support a comprehensive assessment of the organisation’s impacts during the reporting period. • Sustainability Context: Reporting information about its impacts in the wider context of sustainable development. • Timeliness: Disclosing information on a regular schedule and ensuring its availability in time for decision-making. • Verifiability: Gathering, recording, compiling, and analysing information in such a manner that allows for the information to be examined and its quality verified. Wasco developed the content according to defined material topics, following a review of the overall sustainability-related risks and opportunities through macroeconomic analysis, sustainability trends, and Senior Management Team input. Stakeholders’ views, concerns, and expectations also shaped the materiality assessment. This assessment supports the Board in refining Wasco’s sustainability strategy while ensuring the transparent coverage of critical topics. FORWARD-LOOKING STATEMENTS This SR may contain forward-looking statements relating to our financial and non-financial position, future priorities, strategies, and growth opportunities. These statements are based on reasonable assumptions and are not guarantees of future performance. Actual results could differ materially due to various events, risks, uncertainties, and other factors. SUSTAINABILITY DATA AND DISCLOSURE Wasco’s management and dedicated internal teams have reviewed the completeness and accuracy of the data and information presented. The Senior Management Team provided oversight throughout the preparation, compilation, and drafting of this SR, supporting robust internal data collection processes to ensure accuracy and reliability. RESTATEMENTS There are restatements made from the previous report. STATEMENT OF ASSURANCE To enhance the credibility of our sustainability disclosures, we have engaged PricewaterhouseCoopers PLT, Malaysia, an independent external party, to provide limited assurance on selected sustainability indicators for the 2025 reporting period. The assurance engagement was conducted in accordance with the International Standard on Assurance Engagements (“ISAE”) 3000 (Revised), Assurance Engagements Other Than Audits or Reviews of Historical Financial Information. The Selected Sustainability Information subject to assurance include the following: • Number of work-related fatalities • Lost Time Incident Rate (“LTIR”) • Renewable Energy Reliance (%) The full Independent Limited Assurance Statement, which details the scope, methodology, and conclusions of the engagement, can be found on page 142 to 146 of this Integrated Annual Report. SUSTAINABILITY REPORT FEEDBACK Feedback from our stakeholders is vital for us to continually improve our reporting and sustainability practices. We welcome any comments or suggestions regarding this Report or our overall sustainability performance. Please address all feedback to the Group Sustainability team at sustainability@wascoenergy.com. SUSTAINABILITY JOURNEY
RkJQdWJsaXNoZXIy NDgzMzc=