Upholding Good Governance and Economic Resilience Press Metal Aluminium Holdings Berhad SECTION 5 • DELIVERING SUSTAINABLE VALUE FOR OUR STAKEHOLDERS 116 HOW WE PERFORMED IN 2024 Notes: 1. FYE2023: Aggregated data from our midstream (PMBtu, PMS, and PMAR) and covered mineral-related suppliers. 2. FYE2024: Aggregated data from our midstream (PMBtu, PMS, and PMAR) and downstream (PMI, PMIT, PMBA Klang, PMBA Nilai 1, and PMBA Nilai 2) facilities. New suppliers screened for ESG criteria covered suppliers that delivered products or services that contributed to the manufacturing of products. Notes: 1. FYE2023: Aggregated data from our midstream (PMBtu, PMS, and PMAR) facilities and covered mineral-related suppliers and suppliers with transaction values exceeding RM5 million. 2. FYE2024: Aggregated data from our midstream (PMBtu, PMS, and PMAR) and downstream (PMI, PMIT, PMBA Klang, PMBA Nilai 1, and PMBA Nilai 2) facilities. In FYE2024, existing suppliers screened for ESG criteria covered midstream facilities’ mineral-related suppliers and suppliers with transaction values exceeding RM5 million, while downstream facilities covered key materials suppliers. In FYE2024, we expanded our Supplier Management Programme to include downstream entities, reinforcing our commitment to responsible sourcing and sustainable supply chain practices. A total of 232 new and existing suppliers underwent ESG assessments to evaluate potential risks and areas for improvement. While no critical risks were identified, some suppliers required enhancements in their management systems, as well as their social and environmental practices. We upheld a rigorous due diligence framework in evaluating our mineral and key suppliers, recognising their critical role in ensuring the sustainability and resilience of our operations. In 2024, we conducted comprehensive audits on six (6) key suppliers — five (5) classified as high-risk and one (1) as medium-risk — through a combination of on-site inspections and virtual assessments. Following the assessments, we engaged in close collaboration with the key suppliers to develop tailored action plans and timelines to address the areas of improvement. Key suppliers were committed to completing the necessary corrective measures by 2025. As part of our supplier assessment efforts, 1,172 suppliers submitted written affirmations of adherence to our SCoC, which demonstrated their commitment to ethical and sustainable business practices. In FYE2024, our evaluations revealed no instances of non-compliance, reflecting the effectiveness of this collaborative approach. Existing Suppliers Screened for ESG criteria New Suppliers Screened for ESG criteria Number of key suppliers identified Number of key suppliers assessed Number of key suppliers identified Number of key suppliers assessed 2023 2023 2024 2024 68.6% of existing suppliers assessed 33.3% of new suppliers assessed 76.5% of existing suppliers assessed 70.0% of new suppliers assessed 51 6 35 2 221 90 169 63
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