Yinson Annual Report 2023

109 SUSTAINABILITY REVIEW Labour management relations Our implementation of labour management varies accordingly to the individual employment legislation that we operate in and is dependent on whether there are collective bargaining agreements (CBAs) in place. For example, our operations in Brazil have a collective agreement that covers all onshore and offshore employees with a notice period of 30 calendar days based on local legislation. In Ghana, 58% of our offshore crew are covered by a collective agreement and the renewal of the agreement requires a three months’ notice. Human rights assessment We apply stringent control over our human rights practices through various initiatives including setting up an internal Human Rights Working Group, with representatives from various departments across the Company. The working group is tasked to enhance existing procedures so that potential human rights issues across business activities can be mitigated and ensure that the Company’s respect for fundamental human rights and decent working conditions is instilled. In addition, the working group oversees public access to information on our approach in addressing adverse impacts on these areas. Child labour, forced or compulsory labour and security practices These practices are applicable to our operations and suppliers stationed at the shipyards, module yards, equipment parts or manufacturing factories. While our VRP system does not single out a specific country or geographic region as high risk, the system generates a comprehensive risk profile for suppliers by taking various factors into account, including, but not limited to, their geographic location. The following is conducted by our VRP to obtain information: • Mandatory questionnaires on HLR practices. • Vendor screening against adverse media relating to HLR. • Compulsory acknowledgement to comply with HLR requirements as part of the onboarding process in the system. Capacity building on human rights Our employees keep abreast of HLR through initiatives including: • Our mandatory e-training module that promotes a culture of respect for human rights in the workplace. • Supplementary training on sustainable procurement and guidance on engaging with partners to improve working conditions. Stakeholder engagement and cross-industry collaboration As part of Yinson’s continuous improvement journey, we also regularly engage stakeholders, including peers from various industries, to address current challenges and explore opportunities related to business and human rights. This also permits the sharing of best practices and strategies for improving the implementation of human rights. Providing an avenue for remedy In strongly advocating HLR, we provide access to our employees, business partners and any other parties including the public for feedback, comments and complaints. Yinson’s Whistleblowing channel is a platform available online at www.yinson.com/compliance for parties to raise any concerns for further investigation and appropriate remediation actions. CHAMPIONING HUMAN RIGHTS & HUMAN CAPITAL DEVELOPMENT

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