EVOLVING TECHNOLOGICAL / DIGITAL LANDSCAPE r 8JUIPVU B EPVCU DPOUJOVFE EJTSVQUJPO JO UFDIOPMPHJFT JO QBSUJDVMBS EJHJUBM UFDIOPMPHJFT QSPWJEFT CPUI SJTLT BOE opportunities to MYEG’s business model, which is dependent on its digital capabilities. r 5IF USBOTJUJPO GSPN B DPOWFOUJPOBM 8FC FOWJSPONFOU UP JODSFBTJOH NBTT SFDPHOJUJPO BEPQUJPO PG "SUJàDJBM Intelligence and Web3 / blockchain technologies (as evidenced in global uptake of Web3 projects and increasing global digital asset prices), further necessitate technological providers such as MYEG to continue to innovate and stay abreast with present trends to remain competitive and resilient. Risks r 4PMVUJPOT CFJOH EFWFMPQFE JOUFSOBMMZ CZ UIF (SPVQ PS XJUI FYUFSOBM QBSUOFST NBZ GBDF UIF SJTL PG UFDIOPMPHJDBM obsolescence due to the rapid emergence of new technologies. Capitals consumed for the development of technologies, primarily financial and human capitals, may be deemed lost if developed technologies are subsequently rendered obsolete. r 5IF HMPCBM SFHVMBUPSZ FOWJSPONFOU SFMBUFE UP 8FC UFDIOPMPHJFT EJHJUBM BTTFU NBSLFU DPOUJOVFT UP FWPMWF SBQJEMZ and lacks standardisation across jurisdictions. Opportunities r "T QSFWJPVTMZ NFOUJPOFE UIF GBTU DIBOHJOH UFDIOPMPHZ MBOETDBQF BMTP QSFTFOUT PQQPSUVOJUJFT GPS .:&( to enhance its existing capabilities, to enhance its business processes and develop new offerings. It also offers opportunities to expand MYEG’s international presence via the provision of services targeted towards international users. r 5IF BCJMJUZ UP PGGFS OPWFM BOE NBSLFU BUUVOFE WBMVF QSPQPTJUJPOT XJMM CF BEWBOUBHFPVT UP .:&( TUSBUFHJDBMMZ positioning the Group to drive effective collaboration by working with governments, businesses and communities towards realising socio-economic developmental objectives. r #VSHFPOJOH JOUFSFTU JO 8FC QSPKFDUT HMPCBMMZ BOE HSPXJOH GVOE JOáPXT JOUP EJHJUBM BTTFU NBSLFUT DSFBUFT B favourable environment for the deployment of new decentralised applications on Zetrix as well as for the sale and trading of Zetrix tokens. r 5IF USFOE XJUIJO HPWFSONFOUT UP TXJUDI GSPN QIZTJDBM EPDVNFOUT UP WFSJàBCMF EJHJUBM FRVJWBMFOUT GPS FYBNQMF licences, permits, customs trade documents, etc., spurs demand for blockchain technology services, such as the capabilities offered by MYEG through Zetrix. This in turn translates to benefits such as easing of congestion and long queues at physical counters, faster processing times, minimising inconveniences arising from lost or missing paper documents, as well as significant printing and delivery cost savings for stakeholders. Business Strategies r %FWFMPQFE BOE SPMMFE PVU B WBSJFUZ PG EFDFOUSBMJTFE BQQMJDBUJPOT PO UIF ;FUSJY CMPDLDIBJO QMBUGPSN JO QBSUJDVMBS leveraging the connectivity to China’s national blockchain infrastructure to deploy services for supply chain and cross-border transaction purposes, as well as digitalisation of credentials such as personal ID documents. r -FWFSBHF CMPDLDIBJO T JOIFSFOU BEWBOUBHFT BT B TVJUBCMF NFDIBOJTN GPS UIF EJHJUBMJTBUJPO PG PUIFSXJTF conventional administrative processes within government service delivery and international cross-border trade. This not only accelerates processing and clearance times, but also helps reduce wastage, reduce resource and materials use, reduce associated logistics and handling, and thereby contributing to an overall reduction in the carbon footprint. r *ODSFBTFE BTTFTTNFOU PG HMPCBM EJHJUBM BTTFU NBSLFU DPOEJUJPOT BOE SFHVMBUPSZ FOWJSPONFOU DPVQMFE XJUI strategic selection of digital asset exchanges and Web3 partners for collaboration. r 'VSUIFS SFHJPOBM FYQBOTJPO SFHBSEJOH UIF EFQMPZNFOU PG B 8FC "* CBTFE TPMVUJPO PGGFSJOH GBTUFS TFDVSF NPSF intelligent and cost-effective processing of cross-border trades across the ASEAN region and the RCEP region. r $POOFDUJWJUZ XJUI $IJOB T OBUJPOBM CMPDLDIBJO JOGSBTUSVDUVSF FOBCMFT ;FUSJY UP CF BO JNQPSUBOU QMBZFS JO )POH Kong’s Web3 ecosystem and contribute towards the Special Administrative Region’s emergence as the preferred global digital asset hub. Significant Capitals r *O NBJOUBJOJOH JUT UFDIOPMPHJDBM FEHF TJHOJàDBOU àOBODJBM DBQJUBM FYQFOEJUVSF BT XFMM BT DPOUJOVFE GPDVT PO developing human and intellectual capitals are essential. MATTERS IMPACTING VALUE CREATION (cont’d) 46 MY E.G. SERVICES BERHAD Registration No. 200001003034 (505639-K)
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