135 INTEGRATED ANNUAL REPORT 2025 GOVERNANCE | CORPORATE GOVERNANCE OVERVIEW STATEMENT Equity Partners S9 These are Yinson’s business partners who own equity in our assets, projects, and platforms. Yinson’s value proposition • Knowledge, expertise, and experience in the delivery of responsible energy solutions. • Disciplined business and financial management. • Collaborative, innovative, and tailored solutions to capitalise on market growth. Stakeholder importance • Long-term strategic partnerships to leverage each other’s unique strengths for sustainable growth and continuous value creation. Frequency and methods of engagement • Daily: Regular engagement, communication, and dialogue. • Regularly: Site visits, stakeholder engagement events, collaboration on announcements, and press releases. Key areas of concern and management approach ME2 ME4 MS1 MS2 MS3 MG1 MG3 Overview of Yinson’s response • Work with like-minded organisations to address the energy trilemma and ensure an inclusive future. • Committed to Climate Goals, with strategies and targets outlined in our Climate Report. • Effective environmental data and performance management, transparent disclosures and independent assurance and verification. • Integrated HSSEQ Management system aligning with International Safety Management (“ISM“) Code, International Ship and Port Security (“ISPS“) Code and ISO certifications. Performance benchmark with International Association of Oil & Gas Producers (“IOGP“). • Robust supplier social assessments and engagements to uphold human rights, labour rights, and ethical business practices. • Build internal competencies through training, upskilling and regular performance and career development reviews. • Develop and implement business strategies, and prudent financial management based on robust policies, processes, and risk management frameworks. • Adoption of technologies and processes to streamline operations to ensure they use available resources efficiently. • Strong business teams to enable agile and prudent decision-making to ensure efficient use of resources. • Strong compliance culture at every level, enhanced by awareness programmes and training. Suppliers S10 These are the parties that Yinson pays to deliver products, services, and commitments. Yinson’s value proposition • Cooperate and collaborate to unlock new value and innovations. • Advocacy and engagement on ESG and sustainability matters. • Timely and competitive payment terms and practices. • Long-term collaborative relationship. Stakeholder importance • We engage with suppliers who deliver high-quality goods and services to facilitate Yinson’s value creation. Frequency and methods of engagement • Daily: Yinson website and social media, regular engagement, communication, and dialogue. • Regularly: Supplier events, trainings or workshops, supplier relationship meetings, business review sessions, strategic events, supplier town halls. • Based on need: Tenders and requests for proposals, ESG screening, site audits, and Vendor Registration Platform (“VRP“). Key areas of concern and management approach ME1 ME2 ME4 ME5 MS1 MS2 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. • Active investment in renewable energy, transport electrification, and low-carbon FPSO solutions, positioning ourselves as key players in the energy transition. • Effective environmental data and performance management, transparent disclosures and independent assurance and verification. • Adoption of technologies and processes to streamline operations to ensure they use available resources efficiently. • 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.
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