Yinson Annual Report 2023

32 YINSON HOLDINGS BERHAD | INTEGRATED ANNUAL REPORT 2023 GROUP CEO REVIEW Commentary by Mr Lim Chern Yuan, Group Chief Executive Officer The year 2022 saw the acceleration of our transition to becoming a sustainability-driven energy infrastructure and technology company, as we made significant strides in creating value across all our portfolios amid the pandemic’s loosening grip on the world. Throughout this journey, we remained deeply committed to sustainability and inclusivity in the advancement of our business, cognisant that a balanced approach to value creation is crucial to the longevity of the organisation. Therefore, we will continue to find the balance between environmental needs and social needs. Established Farosson, our new advisory, investment and asset management arm Formalised a commitment to have at least 30% of equity in non-oil-based FPSO activities by 2030 Secured USD5.3 billion firm contract for FPSO Agogo in Angola on 27 February 2023 FPSO Anna Nery achieved first oil on 7 May 2023 Signed MoU with Gentari and EV Connection to boost EV charging coverage in Malaysia Expanded into Singapore through LHN Group collaboration Tripled capacity of renewables projects under construction and pre-construction to 774 MW Expanded into Indonesia, bringing our renewables presence to 9 countries

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