| COVER |
1 |
| INSIDE THIS REPORT |
3 |
| SECTION 1 - PRESS METAL AT A GLANCE |
4 |
| About This Report |
4 |
| Who We Are |
6 |
| Our Integrated Value Chain |
6 |
| Our Key Strengths |
8 |
| Key Highlights in 2024 |
10 |
| Awards and Accolades |
12 |
| Associations and Memberships |
13 |
| SECTION 2 - MESSAGES FROM OUR LEADERS |
14 |
| Chairman's Statement |
14 |
| Management Discussion and Analysis by Group CEO |
18 |
| SECTION 3 - CHARTING THE PATHWAY TOWARDS EXCELLENCE |
24 |
| The Market We Operate in |
24 |
| Engaging with Our Stakeholders |
29 |
| Material Matters at Our Core |
33 |
| Managing Our Risks and Opportunities Effectively |
35 |
| Fuelling Growth through Our Strategic Priority Areas |
39 |
| Our Value Creation Model |
42 |
| SECTION 4 - EFFECTIVE STEWARDSHIP THROUGH GOOD GOVERNANCE |
44 |
| Corporate Information |
44 |
| Profile of Our Board of Directors |
46 |
| Profile of Our Key Senior Management, Key Operating Management and Country Heads |
52 |
| Corporate Governance Overview Statement |
55 |
| Director’s Responsibility Statement |
77 |
| Additional Compliance Information |
78 |
| Audit Committee Report |
79 |
| Statement on Risk Management and Internal Control |
86 |
| SECTION 5 - DELIVERING SUSTAINABLE VALUE FOR OUR STAKEHOLDERS |
90 |
| About This Sustainability Report |
91 |
| Overview of Our Sustainability Approach |
92 |
| Key ESG Highlights 2024 |
93 |
| Sustainability Journey and Net-Zero Aspirations |
94 |
| Message from Group CEO |
96 |
| Approach to Sustainability |
98 |
| Sustainability Achievements |
101 |
| Sustainability Targets and 2024 Performance |
103 |
| Upholding Good Governance and Economic Resilience |
105 |
| Caring for the Planet |
134 |
| Empowering Our People and Enriching Our Communities |
173 |
| Independent Limited Assurance Report |
219 |
| GRI Content Index |
223 |
| SASB Content Index |
229 |
| Bursa Malaysia Three-Year Sustainability Performance Data |
230 |
| SECTION 6 - FINANCIAL STATEMENTS |
235 |
| Directors’ Report |
236 |
| Statements of Financial Position |
241 |
| Statements of Profit or Loss and Other Comprehensive Income |
242 |
| Consolidated Statement of Changes in Equity |
243 |
| Statement of Changes in Equity |
245 |
| Statements of Cash Flows |
246 |
| Notes to the Financial Statements |
252 |
| Statement by Directors |
336 |
| Statutory Declaration |
336 |
| Independent Auditors’ Report |
337 |
| SECTION 7 - ADDITIONAL INFORMATION |
341 |
| List of Properties |
341 |
| Analysis of Shareholdings |
342 |
| Notice of Annual General Meeting |
346 |
| Statement Accompanying Notice of Annual General Meeting |
355 |
| Glossary |
356 |
| Proxy Form |
361 |
| BACK COVER |
364 |