105 INTEGRATED ANNUAL REPORT 2025 SUSTAINABILITY REVIEW | DRIVING SUSTAINABLE GROWTH THROUGH GOOD CORPORATE GOVERNANCE To reinforce our commitment to ethical business practices, we intend to extend corporate governance training to third-party suppliers, focusing on ABAC principles. Anti-bribery & anti-corruption We continue to have a zero-tolerance stance against bribery and corruption, actively supporting anti-corruption efforts in all countries where we operate. In August 2024, Yinson Holdings Berhad (“YHB”) and Yinson Production Offshore Pte Ltd (“YPOPL”) achieved ISO 37001:2016 Anti-Bribery Management System (“ABMS”) recertification by Bureau Veritas, one of the world’s leading internationally accredited certification bodies. This certification, valid from 2024 to 2027, underscores our commitment to integrity and transparency, ensuring compliance with international anti-bribery standards. The ABMS framework ensures that Yinson’s operations are fortified with robust anti-bribery policies, controls and procedures, both internally and externally. Our ABAC Cautionary Notice Cards are available in multiple languages and distributed across our global offices, and on our corporate intranet and website. Tax is a core part of Yinson’s corporate responsibility and governance. Our Board oversees tax affairs, ensuring compliance and regular updates. Yinson subscribes to a ‘Compliance First’ philosophy, paying our fair share of taxes and meeting all reporting obligations accurately and on time, in line with local tax laws and regulations in the countries where we operate. Yinson’s business structures are genuine substance and aligned with our commercial goals. Tax governance Upholding compliance requirements Business structure Yinson leverages tax incentives where available and applicable, ensuring they align with regulatory frameworks, policy objectives and our business needs. Utilising tax incentives Yinson fosters open, collaborative and transparent relationships with tax authorities in all countries where we operate. Relationship with tax authorities We aim for transparency in our tax affairs, providing regular updates to stakeholders on our approach, governance and payments. Transparency Sustainable Supply Chain Management, pg 107. Whistleblowing We strengthened our governance in FY2024 with the introduction of an independent whistleblowing platform, enabling stakeholders to raise concerns without fear of retaliation. The platform allows individuals to submit reports through the platform interface or by calling a toll-free number, both offering multilingual support to ensure accessibility across our diverse stakeholder base. We promote whistleblowing awareness through the ABAC Online Training Module and posters in global offices. In FY2025, nine cases were reported through the whistleblowing channel. After investigation, seven were concluded as unsubstantiated due to a lack of basis for the claims made. One case is still being investigated, while the remaining one was found to be substantiated and has since been resolved with the appropriate corrective action taken. Scan to view our ABAC Cautionary Notice Cards. Corporate tax strategy and governance We approach tax management through the lens of our COBE, underscoring our commitment to paying our fair share of taxes and contributing meaningfully to the countries and communities where we operate. The thorough, Group-wide implementation of our tax strategy is ensured through regular and systematic monitoring. Key tax principles Scan for more information about our tax strategy. Our tax strategy aligns with the principles of the Global Reporting Initiative (“GRI”) 207, the Bursa Tax Governance Guide and Paragraph 19 and Paragraph 20 of Schedule 19 of the United Kingdom Finance Act 2016. The Group Tax department periodically reviews the strategy, with changes approved by the Audit Committee and Board. This strategy ensures our tax governance and risk management align with our ESG goals. Our Whistleblowing Policy provides mechanisms to report tax-related malpractices.
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