SECTION 2: OUR STRATEGIC CONTEXT 88 Region Locations with water bills and included in water consumption measurement Malaysia • MST Golf Plaza (head office) • MST Golf Subang Jaya • MST Golf PJ Federal Highway • MST Golf Pelangi Pro Shop • MST Golf Seremban Gateway • MST Golf Arena, The Gardens • MST Golf Arena, Tropicana Gardens • MST Golf Arena, Gurney Paragon • MST Golf Arena, Toppen JB Singapore N/A. Water utility is included in rent and not directly metered in all locations. Indonesia N/A. Water utility is included in rent and not directly metered in all locations. Water Conservation Efforts Under our Enterprise Risk Management (ERM) framework, we monitor water-related risks across our operations, including potential disruptions to business operations, supply chain vulnerabilities, and regulatory changes. In 2024, 118 employees (17%) received water conservation training. We also provided ongoing Water Use Policy briefings to reinforce efficient water use. The 16.8% reduction in water consumption across most outlets from 2023 to 2024 reflects tangible progress in our water conservation efforts. To meet our 2025 water reduction target, we will continue exploring additional water-saving technologies, retrofitting older locations with water-efficient infrastructure, and expanding water conservation training. Circular Waste & Resource Management MST Golf generates waste across all operations, from retail and logistics to offices and indoor golf facilities, including packaging, product, and general waste. Without proper management, these waste streams can contribute to pollution, inefficient resource use, and increased costs that affect both the business and the environment. Across Southeast Asia, where we operate, overflowing landfills, limited recycling infrastructure, and growing plastic pollution make effective waste management crucial. By adopting proactive strategies, we aim to reduce pollution, optimise resource use, and support a more sustainable environment. SUSTAINABILITY STATEMENT
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