About This Report IN A FAST-EVOLVING TECHNOLOGICAL AND INDUSTRY LANDSCAPE, INTEGRATED THINKING AND ACTION HAVE NEVER BEEN MORE IMPORTANT At UEM Edgenta, we unite the key considerations of sustainability, efficiency and technology to serve our vision: Optimising Assets to Improve Lives. Armed with this purposeful approach, we are proud to have made continuous progress against our objectives in ways that deliver shared value for our business, stakeholders, local communities and the environment. On this note, we are pleased to present our Integrated Annual Report for 2024, a detailed account of the value we have created during the past year and the strategies and initiatives we have employed to achieve our targets. This report, prepared in accordance with integrated reporting principles, presents the Group’s financial performance for the year 2024, alongside the strategic initiatives we have undertaken to strengthen the competitiveness and sustainability of our business and operations. We have highlighted our growth in international markets, the success of our cost optimisation programme focused on business and operational excellence, and technology improvements aimed at enhancing our service and product offerings. Collectively, these measures have improved operational efficiency, supported market expansion, and contributed to enhanced shareholder value. SCOPE OF THE REPORT This report covers the activities of UEM Edgenta and its subsidiaries, joint operations, joint ventures and associates for the period of 1 January 2024 to 31 December 2024 (“FY2024”) unless otherwise stated. Presented within this report is our Sustainability Statement 2024 (“statement”), the eighth that we have published about our ongoing journey towards greater sustainability. This statement highlights major sustainability initiatives and commitments undertaken in FY2024 and discloses our overall performance in relation to the sustainability material matters we have identified. The reporting period of the statement is the same as that of the full report. Both the report and statement encompass our operations in Malaysia and our other geographical locations: Singapore, Taiwan, Indonesia, United Arab Emirates (“UAE”) and the Kingdom of Saudi Arabia (“KSA”). OUR TARGETED READERS In addition to our financial performance, this report also showcases the value we have created and delivered to our stakeholders, highlighting our contributions to our clients, employees, regulators, local communities and the natural environment. REPORTING FRAMEWORKS This report has been prepared with reference to the following internationally recognised regulatory frameworks. Corporate Section • Companies Act 2016 • Bursa Malaysia Securities Berhad’s Main Market Listing Requirements • Malaysian Code on Corporate Governance • Bursa Malaysia’s Corporate Governance Guide (4th edition) • Bursa Malaysia’s MD&A Disclosure Guide • Bursa Malaysia’s Sustainability Reporting Guide (3rd edition) • International Integrated Reporting Framework (“International <IR> Framework”) • The Global Reporting Initiative (“GRI”) Standards • The United Nations’ Sustainable Development Goals (“UN SDGs”) • Global Reporting Initiative (GRI) Standards • FTSE4Good indicators • International Energy Agency (IEA) Global Pathway • ISSB standards Financial Section • Bursa Malaysia Securities Berhad’s Main Market Listing Requirements • Malaysian Financial Reporting Standards (“MFRS”) • International Financial Reporting Standards (“IFRS”) • Companies Act 2016 in Malaysia
RkJQdWJsaXNoZXIy NDgzMzc=