Yinson Integrated Annual Report 2025

72 YINSON HOLDINGS BERHAD BUSINESS REVIEW In July, chargEV introduced Battery Energy Storage System technology for EV charging infrastructure at KLGCC Resort. The technology enables faster EV charging as it addresses power supply limitations by integrating an energy storage buffer between the energy grid and charging station. We also partnered exclusively with eLoaded, a leading developer and operator in DC grid technology, to deploy advanced DC grid systems, enhancing charging speeds, efficiency and reliability during peak times. Johor Premium Outlets, with 30 chargEV bays, is the first to benefit, with more locations to follow soon. At marinEV, the highlight of the year was the launch of the Hydroglyder, the region’s first fully electric hydrofoil vessel. The vessel can carry up to 12 passengers at a cruising speed of 25 knots, and consumes up to 80% less energy. With this milestone, we now have two electric vessels in commercial development: the Hydroglyder for passenger transport and the Hydromover, our cargo vessel introduced in late 2023. The Hydromover has since completed Singapore’s first cargo and crew deliveries by a fully electric vessel with Eastern Pacific Shipping in June 2024, and commenced its inaugural commercial trial with OPL Services shortly after. Our vessels’ innovation and first-to-market achievements have been recognised by The Asset ESG Corporate Awards and Green Ship Award (by the Singapore Registry of Ships). More recently in March 2025, we signed a MoU with RW Marine Service (”RW“) and Wilhelmsen Port Services (“WPS”), where Yinson GreenTech plans to provide electric vessels to RW, who will lease and manage the fleet; while WPS shall coordinate the deployment of these electric vessels from RW for launch services. This collaboration will adopt and grow Yinson GreenTech’s Marine Digital Platform, a one stop platform that provides end-to-end logistics services for the marine industry, encompassing land and sea logistics, chandler services, remote vessel monitoring, ESG reporting and other digital port services. RISKS AND OPPORTUNITIES (1 TO 10-YEAR TIME HORIZON) External environment Risks Opportunities Yinson GreenTech‘s response Global tariff changes • Disruption on certain supply chains, causing higher costs and delivery of products and services. • Economic uncertainty and fears of recession could cause slowdown in green technology investments and project delays or halts. • Positive impact on certain supply chains, causing lower costs and accelerated deliveries. • Companies that adapt their strategies to new market realities can seize emerging opportunities and shape the market. • Businesses with strong liquidity can navigate uncertainties and deploy strategies with precision. • Prudently manage liquidity and capital, focusing on core areas where we have a proven track record. • Strengthen and diversify supply chain to ensure continuity in delivery of products and services. • Actively monitor and adapt to changing market conditions. • Collaborate with industry stakeholders to create stronger product offerings. High costs to develop and roll out novel technologies to achieve scale • Inability to capitalise on opportunities or scale quickly enough to secure sufficient market share. • Challenges in obtaining funding in a crowded start-up market. • Investing in technologies that fail to gain traction, leading to wasted capital and resources. • Companies with sufficient capital can gain first mover advantage. • Working with like-minded partners can develop stronger solutions. • Government and financing incentives in the green technologies sector. • Emerging technologies that succeed could be the next unicorn. • Prudently manage start-up capital from Group and external investors, focusing on growing core areas with proven track records. • Form strategic collaborations with like-minded partners to share costs and provide stronger solutions. • Leverage government incentives and seek optimal financing opportunities. Unpredictable pace and adoption of new technologies • Rapid pace of technological advancements, particularly in electric battery composition and related charging technologies, can render recently adopted technologies obsolete. • Uncertain acceptance and commercial viability of new technologies limiting scalability and adoption. • Opportunities to explore multiple viable alternatives, rather than commit to a single solution. • Companies that are flexible and ready to integrate emerging innovations can strengthen market position and avoid technological obsolescence, better meeting evolving market needs. • Remain technology-agnostic, continuously exploring and integrating a diverse range of promising emerging technologies. • Stay vigilant to recognise risks of rapid technological shifts and potential obsolescence. • Leverage our advanced digital platforms to monitor performance of existing technologies, ensuring data-driven decisions are made on upgrades and adoptions. Short-term Time horizon

RkJQdWJsaXNoZXIy NDgzMzc=