Tropicana Corporation Berhad Annual Report 2024

Outcome of Scenario Analysis We recognise that global warming will intensify and at present, the 1.5 °C aspiration set out in the Paris Agreement. This would heighten our exposure to physical climate risk – people, property and supply chain. We predict an increased likelihood of business disruption due to heightened global warming. Therefore, we have set out the following measures: • Increased monitoring of weather patterns to ensure our people and premises are safe and secure; • To continuously engage and diversify our suppliers to mitigate supply chain disruption; • Continuously assess our insurance to ensure adequate coverage in the face of global warming; • Review and enhance our business continuity management framework to increase our resilience in the face of climate-related disruption; • Increase engagement with local government to improve climate adaptation measures by the state and federal authorities. However, our ability to respond to heightened physical climate risk is limited due to dependence on the government’s adaption strategy (e.g. flood mitigation), the financial feasibility of enhanced initiatives, and our financial performance. Climate scenario analysis is and will remain a work in progress and ongoing exercise. To this end, and in order to establish a baseline and promote awareness to management, we have engaged an independent party to facilitate our climate scenario analysis and climate risk assessment. 3. Risk Management We have established Enterprise Risk Management (“ERM”) framework, policies, and procedures to identify, assess, prioritise and monitor climate risk and opportunities, including whether our adaptation/mitigation strategies are integrated into our business policies, procedures and practices. Detailed disclosure of our Enterprise Risk Management is available in our SORMIC Section of this Annual Report. For the upcoming 2025, we intend to review our climate-related risks as part of our commitment to ensure that our ERM remain e ective. We have engaged an independent consultant to facilitate this whole process. Currently, we have developed a comprehensive list of potential climate-related risks, covering both transition and physical risks. This risk will then be subjected to evaluation based on criteria such as impact, likelihood, vulnerability and speed of onset. This will allow us to ensure that our risk mitigation e orts are appropriate. 4. Metrics & Target Our Board and our Management monitor and manage the impact of climate-related risks through multiple metrics. We have targets in place as a reference point in enforcing accountability and a performance-based culture across our organisation. Given the nature and impact of climate risks, our target is both qualitative and quantitative. An overview of our climate risks performance management dashboard is as follows: Area Metrics Performance & Target Health & Safety • Extreme weather events and the increase in mean temperature represent a threat to the health and safety of our people Loss Time Injury Rate and Number of Fatalities • Zero fatality and low injury rate, which can be attributed to climate-related factors. For the reporting year, we are pleased to announce that we achieved zero fatality and a low injury rate GHG Emissions and Net Zero • As a responsible corporate citizen in Malaysia, we are committed to supporting Malaysia’s Net Zero aspirations and global aspirations set out in the Paris Agreement. • However, in doing so, our stance is aligned with the Government of Malaysia’s, which emphasises a just and fair transition to a low-carbon economy through inclusive, equitable, and responsible action on climate change. This ensures that the country’s move towards sustainability is aligned with its economic interests and is equitable for all citizens. Scope 1, Scope 2 and Scope 3 GHG emissions • Our target is to ensure that our Scope 1 and Scope 2 GHG emissions are minimised through e orts on multiple fronts by optimising energy consumption through asset enhancement/ maintenance programs and continuous monitoring and improvement in our business activity • We are pleased to announce that we continue to achieve our targets on these fronts. However, we acknowledge there is always room for improvement 175 SUSTAINABILITY

RkJQdWJsaXNoZXIy NDgzMzc=