SUSTAINABILITY STATEMENT STAKEHOLDERS Stakeholders play an important role in defining the Company’s value creation. They include entities or individuals to whom we are responsible, as well as parties who may influence or impact the achievement of our business objectives. We have varying responsibilities and relationships with different stakeholder groups and hence, the Group has established customised channels to suit our different engagement and communication needs. Through the various engagement channels and engagement activities carried out by the Management, the Board oversees and ensures important sustainability-related information, such as strategies, priorities, targets, and performances are communicated to the relevant stakeholders. The engagement also allows the Group to understand the stakeholders’ evolving needs and perception of value, in order to align the Group’s value creation objectives and sustainability focuses. Kimlun Group’s stakeholder groups, how we communicate with them, and the key sustainability issues or areas of interest commonly discussed are summarised as follows:- Stakeholders Mode of Engagement Frequency of Engagement Key Sustainability Issues or Areas of Interest Shareholders/ Investors • General Meeting • Annually • Ad hoc • Company performance • Dividends • Business strategy and plans • Corporate governance • Internal control and risk management • Annual report • Annually • Quarterly results announcement • Quarterly • Website with dedicated investor relations section • Updated on a timely basis for announcements/ regularly for other sections • Analyst briefings • Ad hoc • Media interviews and releases • Ad hoc Customers • Technical presentation • Ad hoc • Increase visibility • Relationship management • Quality and reliability of products and services • Project management • Pricing • On-time delivery of projects • Direct engagements • Regularly • On-site meetings • Regularly • Quality management • Regularly • Participation in the bidding process • Regularly Suppliers/ Contractors/ Consultants • Direct engagements • Regularly • Relationship management • Quality of products and services • Project management • Cost control • Occupational health and safety • On-site meetings and/or inspections • Regularly • Suppliers and contractors’ performance evaluation • Annually Government and regulatory authorities • Meetings and consultations • Ad hoc • Regulatory compliance • Approvals, permits or licences • Standard and certification • Training • Periodically • Standard operating procedures • Daily Employees • Employee induction training • Regularly • Career development and enhancement • Fair employment practices • Workplace conduciveness • Safety, health and welfare • Training and development programmes • Regularly • Performance appraisals • Annually • Safety briefings • Regularly • Company activities • Regularly 029 Annual Report 2023
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