2024 UEM Edgenta Annual Report

highlighting our reputation for excellence in the domestic market. Additionally, our conservative balance sheet and healthy liquidity position were recognised through a rating upgrade for UEM Edgenta’s RM1 billion Sukuk programme. This upgrade was premised on our strengthened business profile underpinned by geographical earnings diversification. As a result of this strong performance, UEM Edgenta declared a single-tier interim dividend of 4.0 sen per ordinary share for FY2024, demonstrating our commitment to delivering shareholder value. EDGENTA OF THE FUTURE 2025 FY2024 marked a significant milestone on our Edgenta of the Future 2025 (EoTF2025) strategy, as we achieved the RM100 million FY2021-FY2025 cost savings target a year ahead of schedule. This outstanding achievement was driven by unrelenting focus on operational excellence, optimising procurement and streamlining our business structures. Building on this momentum, and continually challenged by persistent inflationary pressures and increased market competition, we have set our sights on an additional RM150 million in cost savings over the next five years to FY2029. This initiative will target key optimisation areas including spend prioritisation, supply chain management and contract negotiations, while we continue to develop and implement process automation technologies to further streamline operations. Since the RM150 million target was established in early FY2024, we have saved RM41.1 million in costs, highlighting our proactive approach and steadfast commitment to driving long-term resilience and delivering sustainable value to our stakeholders. Meanwhile, our technology platforms are evolving to complete our business transformation into a Technology-Enabled Solutions Company, meeting the growing demand for smart, efficient and sustainable asset management. Expanding into Smart, Sustainable and Integrated Facilities Management, we have introduced new business pillars to incorporate end-to-end smart and green building solutions. By leveraging Internet-ofThings (IoT) and real-time monitoring technologies, we are optimising energy use, improving asset performance and enhancing sustainability. Our digital transformation initiatives were recognised with the Malaysia Technology Excellence Award (Facilities Management Technology – Building Services & Facilities) and the CIO100 ASEAN Award, reinforcing our role as a leader in sustainable infrastructure solutions. CHAMPIONING ESG Our ESG initiatives are not only our priority as a model of corporate responsibility — they are key enablers of strategic growth, performance enhancement and long-term value creation. Guided by our Sustainability Framework, we continued to make progress towards our Net Zero targets, embed sustainable practices throughout our organisation and support our clients in their sustainability journeys. We successfully completed our two-year sustainability roadmap spanning FY2022-FY2024, achieving a 4.72% reduction in Scope 1 and Scope 2 emissions through efficient fleet management strategies, energy efficiency initiatives and a structured approach to carbon management. Recognising that supply chain emissions represent a large proportion of our environmental footprint, we took steps to engage with our suppliers to assess our Scope 3 emission in our value chain. To this end, we ran a pilot exercise with selected key suppliers to gain critical insights into upstream and downstream emissions. Edgenta’s technology platforms are advancing, driving its transformation into a Technology-Enabled Solutions Company. Edgenta achieved its RM100 MILLION cost savings target (FY2021-FY2025) a year ahead of schedule. Secured our first green financing facility of RM75 million to finance capital expenditure and operational costs related to our Zero Capex programme. 27 LEADERSHIP INSIGHTS

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