Yinson Annual Report 2023

OUTPUTS OUTCOMES UNITED NATIONS’ SDGs • 495 kg CO2e/MWh Group carbon emission intensity. • 30 kg CO2e/BOE Offshore Production carbon intensity. • RM6,324 million Revenue. • RM1,972 million Adjusted Core EBITDA. • RM741 million Core PAT. • RM6,381 million Adjusted Revenue. • RM589 million PATAMI. • 16.7 sen Basic Earnings Per Share. Offshore Production • Reliable, affordable and accessible energy solutions to support the energy transition where we operate. Renewables • 177 MW of operating installed capacity providing clean and renewable energy to support regional economic growth. • Create opportunities for innovation and job creation in the energy sector. Green Technologies • Development of integrated, technologically-enhanced transport ecosystem across land and sea that accelerates the transition to net zero. Offshore Marine • Support the delivery of offshore energy products. The UN SDGs are an important consideration for how we set our sustainability targets in line with society’s expectations. We contribute directly to nine SDGs across our business units and map out our activities accordingly as highlighted throughout this Report. 57.6 million barrels of oil equivalent produced 495 tonnes total waste generated 1.77 million tonnes CO2e Group carbon emissions 308 GWh net power generated by Yinson’s Bhadla assets (100% basis) 295,014 tonnes CO2e carbon credit units generated by Yinson’s Bhadla assets (net basis) 90.8% fleet utilisation of offshore marine fleet Improved and integrated green technology products 2,895 ML water discharged 100% commercial uptime 99.6% technical uptime • ISO 37001 certification for ABMS in Kuala Lumpur and Singapore offices. • 0 code of conduct breaches reported. • 0 fines or settlements related to antitrust/ anti-competitive business practices. • 0 breaches concerning customer data. • 0 suppliers identified as having potential negative social and environmental performance. • Various greentech research underway to expand our knowledge base in green technology. • 0.00 LTIF and 0.14 TRIF. • 8.89% voluntary employee turnover rate. • 153 average training hours per employee. • 21.5% female regular employees. • 9.1% females in senior management positions. • 36.4% females in board or supervisory board positions. • Over 9,600 students impacted through education CSR programmes. • 23 communities impacted. • More than 5,915 Ghanaian students impacted annually, through various education-focused initiatives. • Yielded 81.5% positive growth in academic mastery through Teach For Malaysia Tutoring Programme. • 20 scholarships provided. • 4 teachers sponsored over 3 years. • 0 suppliers flagged through the VRP for social and environmental non-performance. • Strong relationships with stakeholder groups. VALUE CREATION AT YINSON 71 6 The elimination of discrimination in respect of employment and occupation. 4 The elimination of all forms of forced and compulsory labour. 7 Businesses should support a precautionary approach to environmental challenges. 5 The effective abolition of child labour. THE TEN PRINCIPLES OF THE UN GLOBAL COMPACT 1 Businesses should support and respect the protection of internationally proclaimed human rights. 2 Make sure that they are not complicit in human rights abuses. 3 Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining. 8 Undertake initiatives to promote greater environmental responsibility. 9 Encourage the development and diffusion of environmentally friendly technologies. 10 Businesses should work against corruption in all its forms, including extortion and bribery. Pages 94 to 124 STAKEHOLDER GROUPS Bankers & lenders S1 Clients S2 Crew S3 Employees S4 Government & regulatory bodies S5 Industry S6 Investors & shareholders S7 Local communities S8 Partners S9 Vendors & suppliers S10 Page 24 C1 C2 C3 C4 C6 C5

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