Press Metal Annual Report 2023

Delivering Sustainable Value For Our Stakeholders Delivering Sustainable Value For Our Stakeholders Press Metal Aluminium Holdings Berhad 160 161 Integrated Annual Report 2023 Empowering Our People and Enriching Our Communities Governance and Policies The human rights principles are reflected in our Employee Handbook, which serves as an essential reference for all employees. This handbook covers a wide range of employee related matters as well as Press Metal’s expectations on respecting human rights. The Employee Handbook is available in three (3) languages; Malay, English, and Chinese. For our Sarawak operations, the Employee Handbook is available in six (6) languages, i.e., English, Malay, Chinese, Nepali, Burmese, and Tamil, ensuring that all employees understand and are aware of their rights and responsibilities. We observe our human rights adherence throughout our employment process by incorporating human rights requirements into the contracts with recruitment agencies and conducting human rights due diligence to prevent and mitigate any negative impacts. Beyond our employee base, we extend our human rights expectations across our supply chain, ensuring that suppliers and contractors are made aware of applicable human rights requirements as per the SCoC and Responsible Sourcing Policy. Social Management System We actively manage our human rights in a systematic and standardised manner through Social Management System (“SMS”). This system consists of processes and practices designed to ensure the consistent implementation of human rights compliance policies, thereby meeting our business objectives. It guides us in assessing and controlling human rights risks, driving continuous development through ongoing review processes, corrective actions and system improvements. SMS is made up of nine (9) elements as below: Empowering Our People and Enriching Our Communities Risk Assessment and Management We remain committed to exercising necessary caution and proactively conducting human rights impact assessments and due diligence to identify potential risks related to human rights. Our efforts to identify, assess and mitigate any potential violations concerning human rights include the following: Social Impact Assessment In FYE2023, we engaged an independent third-party consultant to conduct a Social Impact Assessment (“SIA”) on our smelting facilities. This assessment involved direct engagements with stakeholders, gauging impacts from our operations on both internal parties, such as employees, and external parties, including local communities, government agencies, NGOs, suppliers, contractors and the media, who are directly or indirectly involved with our operations. The SIA utilised various methods, such as socio-economic surveys, interviews and focus group discussions, to gather feedback from stakeholders. The feedbacks gathered were then analysed and used as inputs for our Social Management Plan, which is anchored on several of our policies and procedures, such as the Social Management System Policy & SOPs, Human Rights Policy, OHS Policy, Ethical Conduct Policy & Procedure as well as the Complaint & Grievance Procedure. Modern Slavery Statement We are determined to eradicating modern slavery and human trafficking from all aspects of our business operations as it goes against our core value of upholding human rights in accordance with the ILO Declaration on Fundamental Principles and Rights at Work. Business Structure and Supply Chain Our Modern Slavery Statement encompasses all employees and suppliers across our manufacturing entitles. Read more about our business structure and supply chain in Our Integrated Value Chain and Responsible Sourcing sections of this IAR 2023. Policy 1 Identification of Risks and Impacts 2 Management Programme 3 Organisational Capacity and Competency 4 Emergency Preparedness and Response 5 Stakeholder Management 6 External Communication and Grievance Mechanism 7 Monitoring and Review 8 Reporting 9 As part of the Social Management Plan, action plans were outlined to address the actual or potential impacts identified in the SIA, focusing on improvement areas such as hostel and housing areas, utilities supply, sanitation, rest areas, worship houses, sports facilities, accessibility and transportation, safe working conditions and environments as well as road safety. In line with guidance from the ASI, our SIA will be reviewed at least every five (5) years to ensure the effectiveness and continuity of the Social Management Plan. Human Rights Risk Assessment Human Rights Due Diligence Process Risk Identification Risk Impact Evaluation Risk Impact Remedy & Mitigation Monitor, Review & Report Human Rights & Stakeholders Communication & Collaboration Continuous Improvement Human Rights Due Diligence Human rights due diligence is an ongoing and continuous process aimed at raising awareness and understanding of human rights-related risks associated with our activities. This process is applied to all our activities where potential human rights risks and impacts exist. Our human rights due diligence process adopts a risk-based approach encompassing four (4) key elements, as depicted below: Social Impact Assessment

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