110 YINSON HOLDINGS BERHAD SUSTAINABILITY REVIEW KEY PROGRESS UPDATES IN FY2025 Enhancing communication infrastructure for FPSOs Communication infrastructure is the backbone of Yinson’s FPSO projects and operations, where seamless data flow is critical to ensuring efficiency and safety. The ability to deliver accurate data quickly ensures informed decisions and effective responses to operational demands. The speed and reliability of data exchange have always been a challenge for the offshore industry as a whole due to the nature of offshore assets. In FY2025, we upgraded the connectivity of our FPSO fleet by implementing higher-speed satellite systems. This enhanced bandwidth, reduced latency and provided 24/7 connectivity, enabling real-time communication and fostering a more agile operational ecosystem. At shipyards, we installed fibre connectivity between the data centre and quayside to improve the data exchange between the FPSO and the project team, accelerating project implementation and collaboration. During the project phase at anchorage, where higher speed systems are not possible due to local regulations, we used long-range 5G to enable higher data bandwidth. By working closely with various stakeholders, we overcame technical hurdles towards the implementation of this initiative. These advancements in connectivity have greatly enhanced our ability to provide remote operations and support. We are able to provide real-time troubleshooting and support via remote desktop or augmented reality tools, enabling faster problem resolution. Strengthening our cybersecurity framework During the financial year, we further progressed along our Group Cybersecurity Roadmap to strengthen our cybersecurity posture and enhance cyber resilience. We upgraded our cybersecurity framework from National Institute of Standards and Technology (“NIST”) 1.1 to NIST 2.0, incorporating the ‘Govern’ function to highlight cybersecurity as a critical business risk that requires the attention of our senior leadership. We are updating our Information Security Policy, Cybersecurity Incident Response Plan and Cloud Security Management Procedure to align with the NIST 2.0 and IEC 62443 standards. We completed our annual tabletop exercises in 2024 and have scheduled additional exercises for 2025. In the coming year, we aim to deploy Data Loss Prevention (“DLP”) and Identity Access Management (IAM) tools, while enhancing our cybersecurity operations with AI-powered awareness training and a vulnerability assessment tool. AI innovation to enhance efficiency We continued to implement Yinson’s Data Strategy & Architecture Roadmap. Launched in 2023, it outlines an agile 3-year plan focused on meeting business needs. In line with this Roadmap, we have successfully identified and rolled out various use cases in the areas of data integration, data classification, exploratory analytics, advanced analytics, data governance and generative AI. The development of a modern cloud data platform has been the cornerstone of this initiative, enabling the creation of applications with advanced analytics and AI capabilities. Generative AI chatbot was identified as a priority project. The first Retrieval Augmented Generation (RAG) chatbot, focused on Limits of Authority (“LoA”) across the Group, has completed a soft launch and pilot testing with our employees. It is designed to help staff understand and execute their daily tasks, enhancing governance, process efficiency, and alignment. We plan to extend the chatbot’s capabilities to interpret a broader range of policies and documentation, enabling more accurate and context-aware responses. We are also developing an Engineering Chatbot that aims to enhance Engineering Knowledge Management. Led by Yinson Production with support from Group IT, it enables efficient querying and navigation of the engineering document library, which hosts corporate standards and specifications. By facilitating quick information retrieval, the chatbot improves collaboration, supports problem-solving, and boosts productivity. Strategic implementation of global e-invoicing Data and digitalisation play key parts in Yinson’s commitment to ensuring compliance with financial regulations and driving greater accuracy, efficiency and transparency in financial operations. We launched the first phase of Project Autopilot, an initiative that aims to provide a seamless e-invoicing process across all our global offices. This initial phase prioritised countries where e-invoicing is, or will soon be a regulatory requirement. In Malaysia, Singapore, Norway and the Netherlands, we supported the implementation of e-invoicing to not only comply with local laws but also pave the way for adoption by other offices. Group IT is working closely with the Tax, Treasury and Finance functions across the Group, as well as regulatory bodies in respective jurisdictions, to advance this project. Harnessing technology for business excellence We continue to support the digitalisation of various departmental processes across Yinson. The following initiatives were implemented during FY2025: • Optimised hybrid and multi-cloud technologies, which serve as the foundation for IT needs and assets, to align with business priorities. • IT Governance team continued to improve IT sourcing and vendor management procedures to achieve better business outcomes and governance. • Continued with the Citizen IT programme that equips Yinsonites with essential digital skills to drive digital transformation. This initiative has resulted in numerous Power BI dashboards that facilitate quick, data-driven decision-making. • Progressively expanded our Global IT service desk, established in 2023 in Malaysia and Singapore, to other Yinson offices. • Developed our 30 by 30 ESG dashboard to track progress towards our goals with clear and accessible metrics.
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