Yinson Annual Report 2022

110 YINSON HOLDINGS BERHAD STRATEGY & OUTLOOK BUSINESS REVIEW - RENEWABLES The current Yinson Renewables team is lean, but agile and with extensive experience in these markets and across the entire renewables value chain, leading to the ability to make informed and timely strategic decisions. We have also established partnerships with capable local development partners. These partnerships, coupled with our strong in-house skills and capabilities, give us confidence in our ability to manage and deliver in our early phase project pipeline. As we move into more construction activity and as our assets in operation expands, we plan to grow our team in accordance with the necessary skills needed and leverage on the resources available in the wider Yinson organisation. CLOSING REMARKS Whilst we are a young renewables company, we have a strong and experienced team which is delivering and already surpassing the business goals that have been set. We have generated a significant pipeline of projects across three different continents, with a number of these projects expected to be move into construction fairly soon and subsequently into operation. As we continue to grow, we will add further projects to our pipeline across our existing markets, with a possibility of expanding into one or two new markets. Over the next few months and years, more projects from our pipeline will move into the construction phase and our operational asset base will grow. This is when the ultimate value in the current pipeline portfolio will crystallise. With our current team and the strong support of the Group, we are confident that we can deliver on our promises. Projects secured Consent Grid PPA obtained, Final investment decision Commercial Operation Date Site Investigation Finding and evaluating Securing Development & Consent Design, evaluation, consent and grid applications Power sales and financing Construction Pre-construction Construction Own & Operate (including power sales) Additional value attributed to team track record Value/multiple Cumulative spend Risk of fail INDICATIVE MEASURES OF VALUE, SPEND AND RISK OF A TYPICAL RENEWABLES PROJECT OVER TIME

RkJQdWJsaXNoZXIy NDgzMzc=