Press Metal Annual Report 2024

Upholding Good Governance and Economic Resilience Integrated Annual Report 2024 SECTION 5 • DELIVERING SUSTAINABLE VALUE FOR OUR STAKEHOLDERS 123 WHY IT MATTERS ? OUR APPROACH Sustainable manufacturing stands as a cornerstone in advancing decarbonisation and generating innovation across the aluminium industry, delivering transformative benefits that extend beyond environmental stewardship. In adopting best practices, operations can be safer and more efficient in terms of productivity as well as cost. Such effective and efficient production contributes to reducing the dependence on natural resources. This strategic adoption not only minimises ecological footprints but also establishes a foundation for operational excellence, ensuring that our processes are both sustainable and resource-conscious in an evolving industrial landscape. Correspondingly, a commitment to sustainability aligns us with the changing regulatory requirements, safeguarding compliance while elevating our brand reputation among discerning stakeholders. In a market increasingly defined by competition and environmental awareness, intertwining sustainable practices into operations will position for long-term resilience and growth, securing a competitive edge that meets the demands of today while meeting tomorrow’s greener economy. Enhancing operational efficiency and workplace safety remains a foundation of our manufacturing strategy, reflecting a commitment to excellence across all operations. In achieving operational excellence, Press Metal adopts the 5S Principles — Sort, Set in Order, Shine, Standardise, and Sustain — into our processes to support lean manufacturing. In addition, entities under PMBA (Klang and Nilai 1) in Malaysia and operations in China had taken further steps by integrating a sixth principle, Safety. Plans are underway to extend this extended approach across all manufacturing operations, reinforcing our dedication to adopting best practices that elevate both performance and employee well-being. SUSTAINABLE MANUFACTURING GRI 3-3 Capitals SDGs M6 F I N M 6S Principle SORT Sort and eliminate. STANDARDISE Simplify, order. SUSTAIN Educate, communicate, maintain 5S standard. SAFETY Safety, cost savings and asset utilisation. SET IN ORDER Tidy, place, organise. SHINE Clean, upgrade. The adoption of these principles yielded tangible benefits, including heightened safety standards, significant cost savings, and optimised asset utilisation.

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