Press Metal Annual Report 2023

Delivering Sustainable Value For Our Stakeholders Delivering Sustainable Value For Our Stakeholders Press Metal Aluminium Holdings Berhad 158 159 Integrated Annual Report 2023 Empowering Our People and Enriching Our Communities OUR APPROACH Integrating International Human Rights Principles Press Metal is dedicated to upholding human rights principles within our workforce and supply chain and adopts the recommendations outlined by several international recognised standards and frameworks, including the International Labour Organisation (“ILO”) – the eight (8) ILO fundamental conventions, International Bill of Human Rights, the United Nations’ (“UN”) Guiding Principles on Business and Human Rights, and the Voluntary Principles on Security and Human Rights. These commitments are articulated in our Human Rights Policy; no individual within our sphere of influence is subjected to discrimination, mistreatment, modern slavery/ forced or compulsory labour. The principles outlined in our Human Rights Policy also encompass non-discrimination, women’s rights, indigenous people, social management systems, local communities, communication and engagement, health and safety, and security. Our Human Rights policy is accessible at https://www.pressmetal.com/investor-relations/corporate-governance.php. To ensure the effective implementation of these principles, key internal procedures have been incorporated, including our supply chain management practices. These procedures undergo regular reviews, conducted every five (5) years or as needed, in accordance with the guidance provided by the ASI. Overseeing Human Rights Compliance Our SC and Independent Non-Executive Director, Lim Hun Soon @ David Lim, assume direct responsibility for overseeing all human rights matters of Press Metal. Down the hierarchy, our Human Resource (“HR”) Department ensures strict adherence to and enforcement of the Human Rights Policy, administering human resource management and addressing any human rights issues that arise. The HR Departments are also subject to assessments by our Internal Audit Department to ensure compliance. Upholding Workers’ Rights In our commitment to upholding workers’ rights, our working time practices adhere to all relevant labour laws and regulations. This ensures, among others, that employees receive a minimum of one (1) day off per seven (7) day period to rest. We also continuously update our employment terms and conditions to align with the latest regulatory requirements. Besides this, operating within a safe and conducive work environment is paramount to us, and we prioritise employees’ well-being by providing a safe and healthy workplace. Respecting Freedom of Association and Collective Bargaining The Human Rights Policy outlines our commitment to respecting the rights of workers to participate in trade unions and worker organisations, as well as collective bargaining. We practice fair labour and strive to foster workplaces that drive collaboration and mutual respect between workers and employers. We also ensure adherence to all applicable laws and legislation in the jurisdictions in which we operate our business. Upholding Children’s Rights We are committed to respecting children’s rights, covering the rights to life and family, education, food, health, water, identity, freedom and protection. This commitment is explicitly outlined in our Human Rights Policy and is aligned with the United Nations Childrens’ Fund (“UNICEF”) Children’s Rights and Business Principles. To this end, we enforce stringent recruitment procedures and practices that adhere to the minimum age for employment as mandated by applicable local laws. Furthermore, through strategic social investments and philanthropy, we actively participate in respecting, supporting and safeguarding children’s rights. Promoting Indigenous Rights Press Metal respects the rights of indigenous peoples, including their rights to political status, social and cultural practices, economic development and fair and equal treatment without discrimination. We also endorse the principles of the UN Declaration on the Rights of Indigenous Peoples, integrating them into our Human Rights Policy. Furthermore, we strive to uphold the rights and participation of indigenous peoples that are related to our developments. This involves ensuring that they are informed beforehand and obtaining their consent without coercion before proceeding with any development. These principles are outlined in our SOP for Indigenous Peoples, which incorporates the Free, Prior and Informed Consent principles. Acknowledging the vital role of transparent and respectful engagement with indigenous communities in preserving their unique cultures and knowledge systems, the SOP covers awareness, the necessity for respecting towards cultural protocols and differences across various aspects: Empowering Our People and Enriching Our Communities HUMAN RIGHTS GRI 2-16, GRI 2-23, GRI 2-25, GRI 2-26, GRI 2-30, GRI 3-3, GRI 406-1, GRI 407-1, GRI 408-1, GRI 409-1, GRI 410-1, GRI 411-1, GRI 413-1 M15 WHY IT MATTERS In today’s global landscape, upholding human rights is a moral imperative and crucial aspect of sustainable business practices. By recognising the inherent dignity and worth of our employees and treating them with respect, fairness and integrity, regardless of their background or identity, we can foster an environment of inclusivity and shared values, thereby enhancing long-term morale and productivity. Moreover, managing social risks are paramount for ensuring a safe and secure operating environment for our stakeholders. By proactively addressing potential risks and vulnerabilities, we uphold our commitment to human rights while safeguarding the well-being of our employees, communities and broader stakeholder groups, as well as our value chain. UN SDGs Capitals HC SRC Other related issues at State, Federal, or International Level. 5 Business and Operations 1 Environmental Performance 2 CSR 4 Human Resource 3 Ensuring Ethical Security Practices Press Metal deploys professionally trained auxiliary police officers to safeguard our people and assets at our operations. All auxiliary police officers in Malaysia undergo comprehensive training provided by registered training centres, in accordance with the Police Act 1967. This ensures that they possess the necessary qualifications for their roles and are well-versed in their responsibilities and limitations regarding the use of force. To comply with human rights and labour rights principles, we have established the SOP for Auxiliary Police at our Malaysian facilities, which outlined the responsibilities of the auxiliary police and serving as a guideline for security practices. The Voluntary Principles on Security and Human Rights guide us in developing practices that maintain the safety and security of our operations. In China, security personnel employed at our facilities adhere to the regulations outlined in the Civil Code of the People’s Republic of China. Our security personnel also undergo training programmes covering our Human Rights Policy, ABAC Policy and CoC as well as our anti-harassment, anti-abuse and anti-forced labour procedures. This ensures that they are equipped to uphold ethical standards while carrying out their duties.

RkJQdWJsaXNoZXIy NDgzMzc=