2020 UEM Edgenta Annual Report

VENDOR DEVELOPMENT WHY IT IS IMPORTANT Vendors are key suppliers, hence sustainability of their operations contributes to our sustainability. Small and medium-sized enterprises ("SMEs") also play a key role in the local economy, accounting for 38.9% of local GDP in 2019. 1 VALUE CREATION MEASUREMENT • Vendor accreditation with relevant bodies • Vendors’ business profitability • Vendors’ business growth OPPORTUNITIES • Supporting vendors in enhancing their capabilities not only ensures better, more reliable supply, but also engenders better relationships that will serve UEM Edgenta’s interests in the long-term • As vendors enhance their operational efficiencies, they will be able to offer UEM Edgenta more competitive prices for products & services OUR RESPONSE In addition to supporting the Malaysian Government’s Bumiputera Vendor Development Programme, we provide training for our vendors. In 2020, three vendors underwent training organised by Technology Park Malaysia and Malaysia Institute of Transport. We have also processed and approved 1,297 of new applications for vendor registrations on the Oracle Procure to Pay (“P2P”) online system. Capitals Impacted: UN SDG: THOUGHT LEADERSHIP & ADVANCING INDUSTRY WHY IT IS IMPORTANT As we seek to introduce new technologies, it is important to gain the trust of our customers and other stakeholders. It is important to advance our industries as there is a great deal of interdependencies between the Company and our supplier ecosystem with the industries we are in. VALUE CREATION MEASUREMENT • Number of participation in industry events • Number of organisations in which we have leadership positions OPPORTUNITIES • Through participation in local and international events, we widen our network and are able to increase our visibility, thus build the UEM Edgenta brand • Exposure to other technology players enables us to form strategic partnerships to advance our transformation into Edgenta of the Future OUR RESPONSE We regularly participate in local and international talks, forums and conventions focused on innovation, healthcare services, real estate, infrastructure and asset management. In 2020, we were involved in 7 thought leadership initiatives and programmes. Our leadership team also hold prominent positions in industry organisations such as MAPMA and The Malaysian Chapter of Civil Engineers UK besides being an active member of 8 industry associations. UN SDG: Capitals Impacted: 1 Ministry of Entrepreneur Development and Cooperatives press release, 3 August 2020 ANNUAL REPORT 2020 69 1 2 3 4 5 6 7 8