Press Metal Annual Report 2024

Integrated Annual Report 2024 SECTION 3 • CHARTING THE PATHWAY TOWARDS EXCELLENCE 37 FUELLING GROWTH THROUGH OUR STRATEGIC PRIORITY AREAS At Press Metal, our strategic priorities serve as a cornerstone for achieving our objectives, reinforcing business resilience, and advancing sustainability. These guiding principles provide a clear and deliberate pathway through the complexities of the business landscape, enabling effective resource allocation and robust risk management. Embedded within our organisational ethos, these priorities foster alignment across all levels, establishing a cohesive framework for measuring performance and driving operational excellence. This collective focus strengthens our commitment to excellence, builds stakeholder trust, and drives the organisation toward sustained success in a dynamic business environment. Prioritising structural abatement in technically and commercially feasible areas to reduce our operational GHG emissions, thereby mitigating climate change and minimising our environmental impact. Aim • Reducing our GHG emissions intensity from our 2020 baseline (Scope 1, 2, and 3) to achieve the following targets: - Short-term (by FYE2025) : Reduce GHG emissions intensity (Scope 1, 2, and 3) by 15%. - Mid-term (by FYE2030) : Reduce GHG emissions intensity (Scope 1, 2, and 3) by 30%. - Long-term (by FYE2050) : Achieve net-zero emissions. Going Forward • Promoting circular economy. • Investing in energy-efficient technologies and renewable energy sources. • Adopting process improvements to reduce energy consumption. • Exploring carbon capture and utilisation projects. • Continuous identification of GHG reduction opportunities through Research and Development (“R&D”). • Established low-carbon aluminium brands, GEM™ and CYCAL™, that offer a sustainable alternative to industries in lowering their environmental impact of products without compromising on performance. • Monitoring and reducing our Scope 3 GHG emissions through tracking and mitigating GHG emissions from transportation, manufacturing and other relevant activities. Operational GHG Emission Efficiency F I M N H Fostering robust supplier relationships and strengthening ESG awareness with our suppliers to build a more resilient supply chain. Aim • Implementing long-term agreements to secure access to key raw materials. • Fostering relationships with suppliers who consistently rated with favourable results, evaluated based on factors including on-time delivery, quality, packaging, services and pricing. • Maintaining a pool of suppliers that adhere to good practices, using a scoring system to assess ESG-related factors. Going Forward • Assess our suppliers’ capabilities periodically and invest in capacity-building initiatives. • Conducting supply chain risk assessments to identify potential threats and implement mitigation measures to prevent disruptions. • Leverage digital tools to streamline supplier oversight, fostering greater transparency and accountability within our supply chain to enhancing the efficiency and sustainability of our operations while promoting social and economic development in communities. • Pursuing accreditation for responsible production and sourcing practices such as ASI Chain of Custody (“ChoC”) certification, reinforcing our commitment to sustainable business operations. Supply Chain Continuity F N SR

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