KLSB 100% SPC 91% Overall in-scope businesses of Kimlun Group 96% For SPC, we measure our product quality and target to keep our rejection rate at not more than 1%. Our FY2023 rejection rate was 0.57%. Driving Progress and Technical Capabilities We recommend and encourage our clients to adopt IBS in their projects, offering them solutions which are supported by our IBS design team and our pre-cast concrete manufacturing capabilities. We engage with our clients as early as the development planning stage and we also support and advise clients to gradually transition to IBS adoption. On the other hand, we actively invest in technical knowledge and capability development within the Group, through internal and external training and seminars for employees. We also keep ourselves abreast of developments in the market and industry to ensure the Group is kept updated with the latest developments such as principles and ideas for green buildings and requirements for green building materials. Sustainable Supply Chain To promote sustainability in the construction industry and across our value chain, we believe we have a responsibility to engage business partners who also share the same values as Kimlun. When engaging key service providers such as contractors and subcontractors, our assessment criteria take into consideration their track record in compliance including in the areas of environmental and social-related compliance, as well as key business and operating capabilities such as experience, expertise, pricing, and timeliness of delivery. Where possible, we try to purchase locally and support the local market and support the region’s evolution and development in construction approaches and technologies. During the financial year under review, 96% of our procurement amount for goods and services is with local suppliers or vendors. PROPORTION OF SPENDING ON LOCAL SUPPLIERS (FY2023 PERCENTAGE) SUSTAINABILITY STATEMENT Construction and engineering services Manufacture of concrete products to support IBS construction activities IBS design and consultancy Full-fledged IBS Builder Kimlun Corporation Berhad 034
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