Press Metal Annual Report 2024

Empowering Our People and Enriching Our Communities Integrated Annual Report 2024 SECTION 5 • DELIVERING SUSTAINABLE VALUE FOR OUR STAKEHOLDERS 209 F SR N COMMUNITY MANAGEMENT GRI 2-16, GRI 2-22, GRI 2-23, GRI 2-24, GRI 2-25, GRI 2-26, GRI 2-29, GRI 3-3, GRI 203-1, GRI 203-2, GRI 406-1, GRI 413-1, GRI 413-2 Capitals SDGs M18 Investing in local communities is essential by uplifting livelihoods and enriching the quality of life in surrounding regions. This focus not only sparks growth but also fortifies community resilience, creating a robust foundation that supports societal stability. A coordinated approach to community engagement allows for more effective allocation of resources, with efforts directed towards delivering outcomes that are both measurable and enduring. Investment in education and skills development play vital roles in building local capital, which serve as conduits to building future nations. Such effort creates opportunities for individuals while providing a future talent pool poised to drive industrial innovation and growth. This, in turn, reinforces Press Metal’s reputation as a responsible and purpose-driven organisation. Such investments extend beyond immediate benefits, resonating with broader socioeconomic aspirations that shape regional and national progress. WHY IT MATTERS ? Community development lies at the core of engagement strategies, focusing on efforts to enhance infrastructure, supporting sustainable progress, driving economic growth, and upholding environmental stewardship. By investing in these areas, we are able to lay the groundwork for a sustainable future of prosperity and resilience where tangible, long-lasting benefits are generated for communities in which we operate. A Commitment to Meaningful Community Engagement Prior to establishing manufacturing facilities, a stakeholder identification process is undertaken as an integral component of the EIA. This process engages surrounding communities through consultation, gathering insights and fostering open dialogue to discern their needs. Through this approach, our efforts may translate into a positive and meaningful impact, benefitting the lives of those within the regions we serve and beyond regulatory obligations. A structured framework has been instituted, classifying communities into three (3) distinct categories: key stakeholders, primary stakeholders, and secondary stakeholders. This segmentation enables a more targeted analysis of community concerns, ensuring that responses are tailored to address specific concerns with relevance and impact. OUR APPROACH Government Employees Local Communities Educational Beneficiaries or Targets Primary Stakeholders Secondary Stakeholders Key Stakeholders

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