Integrated Annual Report 2023

MISC BERHAD 208 INTEGRATED ANNUAL REPORT 2023 209 www.miscgroup.com ADDITIONAL INFORMATION SECTION 13 List of Abbreviations List of Abbreviations AET AET Pte. Ltd. AGM Annual General Meeting ALAM Akademi Laut Malaysia BAC Board Audit Committee BIMCO Baltic and International Maritime Council BNRC Board Nomination & Remuneration Committee Board The Board of Directors of MISC Berhad bpd Barrels per day BSRC Board Sustainability & Risk Committee CAPEX Capital expenditure cbm Cubic metre CCS Carbon capture and storage CEO Chief Executive Officer CFO Cash flows from operating activities CG Corporate governance CII Carbon Intensity Indicator CoBE Code of Conduct and Business Ethics Company/ Corporation MISC Berhad COP28 28th Conference of Parties @ UN’s 28th annual climate meeting CSA Chamber of Shipping of America DPST Dynamic positioning shuttle tanker DWT Deadweight tonnage EES&G Economic, environmental, social and governance EEXI Energy Efficiency Existing Ship Index EPCIC Engineering, procurement, construction, installation and commissioning EPCICODD Engineering, procurement, construction, installation, commissioning, operations & maintenance, decommissioning and demobilisation ERM Enterprise risk management ESG Environmental, social and governance FCSU-I Floating CO2 storage unit with injection capability FCSU Floating CO2 storage unit FEED Front-End Engineering Design FLNG Floating liquefied natural gas FPS Floating production system FPSO Floating production, storage and offloading FSO Floating storage and offloading FSRP Floating storage, regasification and powerplant FSRU Floating storage and regasification unit FSU Floating storage unit FY2021 Financial year ended 31 December 2021 FY2022 Financial year ended 31 December 2022 FY2023 Financial year ended 31 December 2023 GAS Gas Assets & Solutions GHG Greenhouse gas GHSSE Group Health, Safety, Security and Environment GIA Group Internal Audit HSE Health, safety and environment HSSE Health, safety, security and environment IAR Integrated Annual Report ICT Information and communications technology IFRS International Financial Reporting Standards IMO International Maritime Organization INEDs Independent Non-Executive Directors INTERTANKO International Association of Independent Tanker Owners ISO International Organization for Standardization KPI Key performance indicator KRI Key risk indicator LBV LNG bunker vessel LCO2 Liquefied carbon dioxide LNG Liquefied natural gas LNGC LNG carrier LOA Limits of Authority LTI Lost time injury LTIF Lost time injury frequency MC Management Committee MCCG Malaysian Code on Corporate Governance MCV Modular capture vessel MFRS Malaysian Financial Reporting Standards MHB Malaysia Marine and Heavy Engineering Holdings Berhad MIA Malaysian Institute of Accountants MISC/the Group MISC Berhad and its subsidiaries, joint ventures and associate companies MMEGA Mega-Module Engineering & Green Architecture MMHE Malaysia Marine and Heavy Engineering Sdn. Bhd. MMLR Main Market Listing Requirements MMS MISC Maritime Services Sdn. Bhd. MSOSH Malaysian Society for Occupational Safety and Health NBFPSO Newbuild floating production, storage & offloading NEDs Non-Executive Directors NINEDs Non-Independent Non-Executive Directors OBU Offshore Business OPEC Organization of the Petroleum Exporting Countries OVMSA Offshore Vessel Management and Self Assessment OWF Offshore wind farm PCSB PETRONAS Carigali Sdn. Bhd. PETRONAS Petroliam Nasional Berhad PETRONAS Group PETRONAS and its subsidiaries PGCEO President/Group Chief Executive Officer PRA Project Risk Assessment RM Ringgit Malaysia RMC Risk Management Committee RMMS Roving Marine Marshall Services RPTs Related party transactions RRPTs Recurrent related party transactions SDG Sustainable Development Goals SEEMP Ship Energy Efficiency Management Plan ShaPoLi Shaft Power Limitation SIGTTO Society of International Gas Tanker and Terminal Operators SPM Single Point Mooring STCW Standards of Training, Certification and Watchkeeping TCFD Task Force on Climate-related Financial Disclosures TMS Talent Management System TMSA Tanker Management Self-Assessment TOR Terms of Reference TRCF Total recordable case frequency UCUAs Unsafe Conditions and Unsafe Acts USD United States Dollar VLCC Very large crude carrier VLEC Very large ethane carrier ZEV Zero-emission vessel

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