MSTGOLF Annual Report 2025

A BRAND IN MOTIONLIVE THE GAME Since 1989, MST Golf has grown with the game, from a trusted retailer to a regional ecosystem for golfers. As golf evolves, so do we. From selling products to inspiring a lifestyle. From a brand golfers buy from, to one they belong to. INSIDE THIS REPORT ABOUT MST GOLF Who We Are 6 Highlights of 2025 8 Our Sustainability Pillars 12 Financial Highlights 14 Our Retail Presence 16 Corporate Information 17 Corporate Structure 18 Board of Directors' Profile 19 Key Senior Management's Profile 25 OUR STRATEGIC CONTEXT Chairman's Statement 28 CEO's Message 31 Management Discussion & Analysis 36 Sustainability Statement 41 • Sustainability Governance and Strategy • MST Golf's Sustainability Journey • Sustainability Risk Management and Climate-Related Risk • Sustainability Performance, Metrics, Targets and Roadmap • Caring & Responsible Employer • Accountable & Ethical Operations • Resilient Environmental Stewardship • Empowering Community Engagement • Sustainable Supply Chain • Metrics and Data • Bursa Malaysia Prescribed Table • GRI Content Index

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