Frontken Berhad Annual Report 2023

Frontken Corporation Berhad 200401012517 (651020-T) • ANNUAL REPORT 2023 50 Innovation projects Y2018 Y2019 Y2020 Y2021 Y2022 Y2023 Green power project (KW) 268,242 384,128 368,924 320,640 935,661 906,036 Accumulative green power project (KW) since 2018 268,242 652,370 1,021,294 1,341,934 2,277,595 3,183,631 DIW recycling project (Tonne) 55,907 54,443 49,090 67,675 80,508 86,894 Accumulative DIW recycling project since 2018 (Tonne) 55,907 110,350 159,440 227,115 307,623 394,517 Waste recycling project (Kg) 8,337 54,872 71,380 171,570 75,037 79,611 Accumulative waste recycling project since 2018 (Kg) 8,337 63,209 134,589 306,159 381,196 460,807 Specific actions: Strongly support the initiatives of the international organisations on climate change, and abide by public policies and local laws and regulations; Improve energy efficiency to reduce the energy used in our operations; Work with related associations and government agencies to implement green energy technologies such as solar panels and purchase green energy; Engage with all the stakeholders including the supply chain to minimise the carbon impacts; Continue carrying out GHG reduction actions and set targets to reduce our carbon emissions; Continue investing in R&D for sustainable innovation; Insist on responsible green production and green innovations and use transparent disclosure to enhance the company’s green reputation; Each business unit evaluates the risk level for drought and flood every year and come out risk mitigation measures accordingly; Implement business continuity plan and update it regularly. CONCLUSION As we move forward, we anticipate a business environment characterised by increased volatility, uncertainty, and complexity, with emerging threats and challenges. However, within these challenges lie significant opportunities for Frontken Group to effect meaningful change – both for our business and our stakeholders. We are heartened by the collaboration and dedication of our customers and partners across our value chain. Frontken Group remains steadfast in its commitment to transform into an exceptional organisation, delivering value to all stakeholders by fostering sustainable growth in our businesses, preserving the environment, enriching lives, and supporting communities where we operate. SUSTAINABILITY REPORT (CONT’D)

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