SECTION 2: OUR STRATEGIC CONTEXT 20 JOINT LEADERSHIP STATEMENT MST Golf beach clean up at Pantai Remis with volunteers from brands, employees, families and suppliers. OUR APPROACH TO SUSTAINABILITY Our message would not be complete without sharing our views regarding our sustainability approach and practices. Sustainability at MST Golf is all about our long-term business transformation amidst the evolving global climate and geopolitical landscape to balance our business, people, and environment needs. We steadfastly uphold the principles of sustainability as integral to our goals in building the golf industry. As leaders of the Group, we have diligently established 18 sustainability matters spanning our threepillar framework of “Better Business“, “Better Environment“ and “Better People“. Led by our dedicated sustainability team, the Group initiated a comprehensive review of our businesses, established tracking metrics and initiatives for each of these matters as well as a sustainability policy. These benchmarks will serve as the foundation for our 2024 targets and beyond, reaffirming our commitment to tangible progress in our sustainability endeavours. Furthermore, we actively engaged our employees, customers and brands in various sustainability activities, fostering a culture of shared responsibility and collaboration within our organisation and stakeholders. At MST Golf, we want to ingrain sustainability in our ethos, epitomising the triple bottom line approach where we strive to create value for people, the planet, and prosperity. Through our actions, we aspire to set an example of responsible leadership that extends beyond our operations but also to the golf industry as we propel the sport of golf collectively. We believe that when the golf industry and sport are well, our business will also be well thus contributing to building a more sustainable golf industry in the long term. In closing, we would like to extend our gratitude and appreciation as we mark a new chapter in MST Golf’s journey. We want to acknowledge the collective efforts and unwavering support of our incredible team, our loyal customers and our esteemed brand partners in the wake of our successful public listing. To our dedicated employees, we extend our heartfelt gratitude. Your unwavering commitment, innovation and passion have been the driving force behind our success. You are the heart and soul of this company and we are proud of the way you have embraced challenges and continued to raise the bar in serving the best in everything golf. As we venture into this new phase, we understand that the expectations and responsibilities have grown and therefore our commitment to integrity, transparency and sustainability remains resolute. The faith and trust bestowed upon us by our shareholders will drive us to uphold the highest standards of corporate governance and performance excellence. ACKNOWLEDGEMENTS
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