MSTGOLF Integrated Annual Report 2023

SECTION 2: OUR STRATEGIC CONTEXT 68 Scope 3 In 2023, we started measuring Scope 3 emissions in three categories: Our waste data only covers our Malaysian head office in Subang in 2023. Hence, Scope 3 emissions from waste are underestimated. We will commence data collection for Malaysian retail stores and Singapore operations in 2024. Category 5: Waste generated in operations Our business travel data includes air travel for Malaysia and Singapore operations and mileage claims for petrol vehicles in Malaysia. It excludes public transport, e-hailing and taxis due to lacking distance data. We aim to improve its comprehensiveness in 2024. Category 6: Business travel Our employee commute data includes the commute for all employees in Malaysia and Singapore, measured via surveys capturing daily travel distance multiplied by working days. Category 7: Employee commuting In total, our Scope 3 emissions for 2023 are as below: Scope 3 Emissions 2023 (Baseline Year) (tCO2eq) Gross other indirect (Scope 3) GHG emissions 819.7 Other indirect (Scope 3) GHG emissions categories and activities included in the calculation Category 5: Waste generated in operations Category 6: Business travel Category 7: Employee commuting Note: Calculations are based on the GHG Protocol and Intergovernmental Panel on Climate Change (IPCC), Fourth Assessment Report (AR4), 2007. Our emissions are calculated using the calculation tool https://carbongpt.ai/ We acknowledge limitations in the comprehensiveness of our Scope 3 data and aim to improve and include relevant categories like purchased goods and services (Category 1) and upstream and downstream transportation and distribution (Categories 4 and 9) within five years, as our current reported Scope 3 emissions are underestimated. SUSTAINABILITY STATEMENT

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