133 INTEGRATED ANNUAL REPORT 2025 GOVERNANCE | CORPORATE GOVERNANCE OVERVIEW STATEMENT Governments & regulatory bodies S5 Public organisations or government agencies that are responsible in regulating our business activities. Yinson’s value proposition • Consistent and strong regulatory compliance for better market growth. • Tax payments in all jurisdictions of our operations. • Promote long-term and sustainable economic development. Stakeholder importance • A strong relationship with governments and regulatory bodies allows us to be updated on the latest regulations and to ensure the business is operating within compliance requirements. Frequency and methods of engagement • Daily: Compliance with applicable legislation, submission of reports, Yinson website and social media, regular engagement, communication, and dialogue. • Regularly: Participation in government and regulatory events and competency trainings. • Based on need: Consultation on regulatory matters, announcements and disclosures, work and resident permit issuances, kick-off meetings, engagement and clarification meetings, and audits and inspections. Key areas of concern and management approach ME1 ME2 ME3 MS1 MS2 MS5 MG2 MG3 Overview of Yinson’s response • Committed to Climate Goals with strategies and targets outlined in our Climate Report. • Work with like-minded organisations to address the energy trilemma and ensure an inclusive future. • Biodiversity Policy to drive biodiversity initiatives across the Group. • Robust frameworks across Tax, Treasury, Finance, HSE, HLR and DEI, driven by experienced personnel and digital platforms. • Strong compliance culture at every level, enhanced by awareness programmes and training. • Engagement in local and global organisations to stay ahead of regulatory developments and adopt industry best practices. • Robust supplier social assessments and engagements to uphold human rights, labour rights, and ethical business practices. Industry S6 Industry peers, strategic alliances, industry partners and partner research institutes that contribute to the progress and development of collective concerns and interests, including ESG matters. Yinson’s value proposition • Contribution of knowledge, skills, resources and connections for industry development and areas of collective concern. Stakeholder importance • Contribution of knowledge, skills, resources and connections for Yinson’s development and long-term sustainability. Frequency and methods of engagement • Regularly: Active memberships in strategic alliances, participation as exhibitors and speakers at industry conferences, features, editorials, advertisements in industry publications, and networking events. • Daily and based on need: Kick-off meetings, discussions and update meetings, working group meetings, site visits, signing, launch and other milestone ceremonies, joint press conferences, and marketing events. Key areas of concern and management approach ME4 ME5 MS1 MS2 MG3 Overview of Yinson’s response • Work with like-minded organisations to address the energy trilemma and ensure an inclusive future. • Invest in developing an ecosystem of solutions to support clients’ decarbonisation ambitions. • Establish strategic alliances where we champion shared areas of concern such as sustainability, technologies, economic development, and the environment. • Actively engage with research institutions to develop robust, relevant and safe technologically-advanced solutions. • Actively participate in and champion knowledge-sharing and industry-building activities. • Maintain a comprehensive HSE governance framework, including policies, training, audits, and emergency response plans to ensure the highest standards of safety and operational integrity. • Robust HLR and DEI policies and initiatives. • Robust supplier social assessments and engagements to uphold human rights, labour rights, and ethical business practices.
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