81 ANNUAL REPORT 2025 MST GOLF GROUP BERHAD MATERIAL MATTERS Climate Change and Transition 01 Greenhouse Gas Emissions and Energy Use 02 Waste Management and Product Life Cycle 03 Water Use 04 Risk Context and Relevance Waste-related risks arise from daily business operations, events, product handling, packaging, and customer-facing activities. While the Group is not a manufacturer, it recognises that product life cycle considerations, waste generation, and disposal practices remain relevant to how responsibly it operates and how efficiently it uses resources. If not properly managed, waste generation and poor disposal practices may contribute to environmental impact, higher operating costs, and reputational concerns. Conversely, stronger waste management and circular practices help reduce landfill dependence, improve resource efficiency, and support more responsible operating behaviour. Greenhouse Gas Emissions and Energy Use - Key Risk Snapshot Area Summary Risk Impacts High energy use and emissions may increase operating costs, contribute to climate-related exposure, and elevate disclosure and stakeholder scrutiny over time. Risk Drivers Electricity demand across stores and facilities, cooling requirements, logistics activity, business travel, and operational expansion. Risk Profile High likelihood, medium potential impact. Governance & Oversight Oversight through the Group’s sustainability governance structure, with operational monitoring by relevant management functions. Risk Management Approach Monitoring of energy consumption and emissions, progressive efficiency improvements, operational discipline, and tracking of emissions intensity. 2025 Performance Indicators Total GHG emissions of approximately 12,896 tCO2e, electricity consumption of approximately 19,998,864 MJ, and improved emission intensity compared to the baseline year. Financial Pathway Improved energy and emissions management can help moderate utility costs, reduce inefficiencies, and support better long-term cost stability. Forward Outlook Continue strengthening data quality, improving energy efficiency, and progressively managing emissions intensity over time. To promote product waste recycling, MST Golf partnered with Geomax to transform discarded golf grips into everyday items such as coasters, sandals, and school shoes, showcased at the Maybank Championship 2025
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