2020 UEM Edgenta Annual Report

Navigation Icons CAPITALS Intellectual Capital Human Capital Natural Capital Social and Relationship Capital Financial Capital Manufactured Capital TRANSFORMATION PILLARS Extract More Value from Our Core Businesses Enhance Product and Technology Proposition Expand Our Footprint and Deepen Solutions Base Waste Management Carbon Emissions People Development Technology- based Operational Excellence Internal Stakeholder Management Community Engagement Ethics & Integrity Vendor Development Programme Diversity & Inclusivity Thought Leadership & Advancing Industry Health & Safety MATERIAL MATTERS KEY STAKEHOLDERS Supply Chain Partners Community Media Employees Shareholders & Investors Clients & Partners Government & Regulators, Industry & Business Associates UNITED NATIONS' SUSTAINABLE DEVELOPMENT GOALS This Annual Report covers the reporting period of 1 January 2020 to 31 December 2020, unless otherwise stated. Information presented relates to the activities of the Group comprising our subsidiaries, joint operations, joint ventures and associates. 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. This is our primary report to stakeholders and is intended to address the information requirements of long-term investors (our equity and preference shareholders and prospective investors). We also present information relevant to the way we create value for other key stakeholders, including our employees, clients, regulators and communities. 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 three-step materiality assessment. The credibility of this report is supported by strong governance practices. Assurance for this report is provided by our Board of Directors, supported by external verification by Ernst & Young PLT, our auditors for financial information and providers of limited assurance on selected non-financial information. Corporate Section • Detailed disclosures on UEM Edgenta Group, our business strategies and sustainability performance based on the issues identified as material to the Group and our stakeholders • Provides a comprehensive assessment of the Group’s performance for 2020 and outlook for 2021 Corporate Section • Companies Act 2016 • Bursa Malaysia Main Market Listing Requirements • Malaysian Code on Corporate Governance 2017 • Adopts Bursa Malaysia’s Sustainability Reporting Guide & Toolkits • Guided by the International Integrated Reporting Council’s framework for integrated reporting and the Global Reporting Initiative’s Standards for Sustainability Reporting CONTENTS REGULATIONS COMPLIED Financial Section • Provides the full set of the Group and Company’s audited financial statements Financial Section • Bursa Malaysia Securities Berhad Main Market Listing Requirements • Malaysian Financial Reporting Standards (“MFRS”) • International Financial Reporting Standards (“IFRS”) • Requirements of the Companies Act 2016 in Malaysia