Press Metal Annual Report 2024

Press Metal Aluminium Holdings Berhad SECTION 5 • DELIVERING SUSTAINABLE VALUE FOR OUR STAKEHOLDERS 96 The Board considers sustainable development a fundamental component of the Group’s long-term business success. Press Metal is committed to embedding a comprehensive sustainability framework across its operations, reinforcing its focus on responsible and sustainable growth. Oversight of the Group’s sustainability initiatives rests with the Board, ensuring that these efforts support long-term value creation and align with strategic sustainability objectives. A structured sustainability governance framework has been established to strengthen communication and engagement at all levels of the organisation, driving progress towards sustainability goals and fostering a shared commitment to a sustainable future. To reinforce accountability, the Board continues to implement the ESG Remuneration Framework for selected Key Senior Management personnel, C-Suite members and Heads of Divisions and Departments. This framework directly links ESG metrics to remuneration, aligning leadership incentives with material sustainability matters most relevant to the Group’s business and stakeholders. SUSTAINABILITY GOVERNANCE A structured sustainability governance framework has been established to strengthen communication and engagement across all levels of the Group. This framework drives progress towards sustainability objectives and aligns employees with a shared vision for long-term value creation. Sustainability is integrated into business operations, fostering coordinated and purposeful action to maximise positive outcomes. APPROACH TO SUSTAINABILITY Risk Management Team Corporate Sustainability Development Team Midstream Sustainability Working Group Downstream Sustainability Working Group PMBtu PMS PMAR PMI PMIT PMBA Board of Directors Risk Management Committee Sustainability Committee Division Sustainability Working Group

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