Yinson Integrated Annual Report 2025

104 YINSON HOLDINGS BERHAD SUSTAINABILITY REVIEW Key achievements • Percentage of personnel who received ABAC training: - 74% of employees received ABAC training. - 100% of governance body members received ABAC training. • 100% of operations assessed for corruption-related risks. • Zero cases of corruption reported. Risks • Reputational risks that can result in erosion of public trust and investor/shareholder confidence. • Major adverse effects on business operations that lead to financial losses. • Weak corporate governance can impair long-term business sustainability. • Ineffective governance oversight can lead to misaligned strategies. • Poor resource allocation and decision-making. Opportunities • Checks and balances enable the Board to have appropriate control and oversight of Yinson’s businesses. • Well-governed operations will boost external confidence towards Yinson’s operations, leading to positive financial and reputational impacts. • Transparency of corporate governance practices builds trust from stakeholders and boosts shareholder confidence. MG2 Corporate Governance & Business Ethics WHY IS THIS TOPIC MATERIAL TO US? Upholding robust corporate governance and strong business ethics are central to our operations and identity. We believe that maintaining the highest standards of integrity is essential for building and sustaining stakeholder trust. Our robust governance practices ensure legal compliance, sound decision-making, social responsibility and environmental sustainability, aiming to create positive impacts while mitigating risks. Failure to uphold these standards could result in financial losses, legal issues and a loss of trust. Therefore, governance and ethics are fundamental to Yinson’s Core Values. MANAGEMENT APPROACH Yinson has a strong governance and risk framework that emphasises transparency, accountability, leadership and sustainable performance. The Board oversees governance, ensuring stakeholder interests are protected through effective control systems. Our Directors’ Fit & Proper Policy outlines the criteria for the appointment and re-appointment of directors. We also introduced a Conflict of Interest Policy & Procedure in 2024 for directors and employees to safeguard integrity, transparency and accountability across the organisation. We regularly review and update our policies to maintain high business ethics and governance standards. With Yinson’s strong presence in Brazil, we ensure key governance policies are available in Portuguese for clarity and compliance. These include our COBE, Whistleblowing Policy & Procedure, Anti-Bribery and Anti-Corruption (“ABAC”) Policy & Procedure and HLR Policy. We are also working on providing COBE-related training modules in Portuguese for our Brazil office. We have established the Board Risk & Sustainability Committee (”BRSC“) to manage sustainability issues effectively. S1 S2 S3 S4 S5 S7 Concerned stakeholders Business policies and practices to ensure ethical, transparent and responsible corporate governance. C3 Due diligence for engagements with third-party suppliers In 2024, we refined our due diligence process for third-party supplier engagements by improving the Dealing with Third Parties Policy & Procedure, through enhanced compliance checks, risk assessment criteria and due diligence questionnaires. These improvements facilitated a more efficient evaluation of third-party risks, ensuring stronger regulatory compliance, better risk mitigation and greater alignment with our corporate integrity standards. Training and awareness Yinson’s employees are provided with the necessary training, supplemented by ongoing awareness campaigns, to uphold high corporate governance standards. The training is mainly delivered through our LMS, Learn@Yinson, which supports self-paced learning. New hires undergo ABAC training during onboarding. Current employees receive annual refresher training, with a 74% completion rate in FY2025. We aim to expand the scope of our training to include a broader spectrum of corporate governance, ethics and compliance topics such as, anti-money laundering and sanctions. Corporate Governance Overview Statement, pg 121.

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