4 MANAGEMENT DISCUSSION AND ANALYSIS 53 ECONOMIC PERFORMANCE Description Ensuring the economic value from our activities is shared with local communities through remuneration and local hiring, while continuing to expand into new and existing markets. M3 Why It Is Important Good economic performance supports financial sustainability and provides greater resources to accelerate value creation. The value we create is also closely linked to the communities in which we operate, with whom we share the benefits of our success. Refer to Economic Development on pages 134 to 137. Risks • Insufficient working capital may limit our ability to meet obligations. • An unfavourable perception may reduce trust among stakeholders. Opportunities • Leveraging core competencies and competitive advantages to deliver strong economic performance. • Hiring and nurturing talent from local communities as an employer of choice. Our Response • Prioritising local hiring where possible across our markets, supported by competitive salaries and benefits. • Supporting the business ecosystems within our countries of operation by prioritising local procurement. • Pursuing strategic market expansion in new and existing markets. • Driving value distribution across stakeholders. UN SDGs Capitals Stakeholders S1 S3 S7 S2 S4 SUPPLY CHAIN MANAGEMENT Description Maintaining open and fair practices across our supply chain while developing local suppliers through programmes such as the Malaysian government’s Bumiputera Vendor Development Programme. M4 Why It Is Important A sustainable supply chain supports greater efficiency, lower costs, and a more resilient business. By strengthening our supply chain through fair, local procurement, we help deliver positive outcomes for both our business and stakeholders. Refer to Supply Chain Management on pages 138 to 141. Risks • Supply chain disruptions create knockon effects, resulting in operational delays beyond the initial event. • Risk of corruption and unethical practices within the supply chain. Opportunities • Building ESG awareness among local vendors. • Empowering vendors, especially SMEs, to grow their businesses alongside us. Our Response • Committing to sustainable, ethical procurement practices, prioritising local vendors where possible. • Deploying a Strategic Vendor Management (“SVM”) framework to manage vendors across the procurement lifecycle, alongside ESG awareness sessions to prepare them for sustainability expectations. UN SDGs Capitals Stakeholders S2 S4 S5
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