YINSON HOLDINGS BERHAD | INTEGRATED ANNUAL REPORT 2023 Yinson Holdings Berhad is pleased to present our Integrated Annual Report for the Financial Year Ended 31 January 2023. This Report reflects our capability and commitment to creating sustainable value for our stakeholders. BASIS OF THIS REPORT This year’s Report aims to highlight the progress of our strategies and value creation journey. We will also discuss the steps we have taken to manage our business risks and opportunities against the external landscape. In clearly mapping out our value creation strategies for all stakeholder groups, we hope that the improvements in disclosures will help our stakeholders make better and more informed decisions pertaining to the Group. SCOPE AND BOUNDARIES The scope of this Report is applicable to Yinson Holdings Berhad (“Yinson”) and its subsidiaries (“the Group”). The Report covers the financial reporting period from 1 February 2022 to 31 January 2023 (“FYE 2023”) unless stated otherwise. REPORTING PRINCIPLES AND FRAMEWORKS The following frameworks and guidelines were taken into account during the compilation of this Report: • International Integrated Reporting Framework (2021) (“<IR> Framework”). • Bursa Malaysia Securities Berhad (“Bursa Securities”) Main Market Listing Requirements (“MMLR”), Sustainability Reporting Guidelines, Sustainability Reporting Toolkit (2nd edition, with the inclusion of Task Force on Climate-Related Financial Disclosures (“TCFD”) guidelines and Corporate Governance Guide (4th edition). • Malaysian Code on Corporate Governance 2021 (“MCCG 2021”). • International Petroleum Industry Environmental Conservation Association’s (“IPIECA”) Oil & Gas Industry Guidance on Voluntary Sustainability Reporting. • Industry best practices where relevant. This Report has been prepared in accordance with the Global Reporting Initiative (“GRI”) Standards 2021. This Report should be read in conjunction with the other reports in Yinson’s annual reporting suite, which consists of: • Integrated Annual Report 2023: Inclusive Transition. • Corporate Governance Report 2023. • Yinson’s Climate Report 2021. • Yinson’s Climate Goals Roadmap 2021. COVER RATIONALE Our Integrated Annual Report cover this year is especially significant for us because it is designed by the future. We collaborated with Teach For Malaysia to organise an art competition in high needs school, SMK Seksyen 19, Shah Alam. The competition presented us with 52 beautiful artworks which captured the students’ visions of a better and sustainable future, profoundly aligning with our transition journey. Our business decisions in FYE 2023 were guided by the mindset of Inclusive Transition. As the global energy landscape changes, we remain steadfast in our quest to provide affordable, reliable and accessible energy to society, so no one gets left behind. Our commitment to creating greater social equity underpins our business model and has guided our bold decisions over the years. Our Inclusive Transition is also driven by the urgent need to address climate issues through affirmative action as we race to preserve our planet for future generations. “I hope my art is able to inspire others to do their part in creating a sustainable future and protecting the planet for future generations like me, so we can enjoy a beautiful and healthy world for generations to come.” Nur Qalisa Safwa Binti Noor Bayuri, Age 14
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