92 YINSON HOLDINGS BERHAD We also established formal mechanisms to conduct consultations within the organisation according to the recommendations of the HSSEQ Meetings and Committees. In departmental units and most offices, consultative meetings are conducted monthly and documented through the designated HSSEQ software application which securely stores and disseminates the information to employees via physical or electronic notice boards and/or email. Yinson subsidises annual voluntary medical assessments for employees. Those classified under international mobilisation status receive comprehensive medical insurance, which also covers their eligible dependents. Preventing and mitigating OHS impacts from business relationships Our Risk Management Standard, along with its related lower-tier processes, outlines effective risk management as the proactive identification, evaluation and mitigation of potential risks that could negatively affect the organisation. We are guided by the Health & Safety Policy and Drug & Alcohol Policy, while we adhere to the Risk Management Standard, Emergency Management Standard and Fitness for Work Standard. In accordance with the contractual terms outlined under Section 5, Contractor General Obligations, Yinson Production’s contractors are responsible for ensuring the adequacy, stability and safety of all operational activities and methodologies. Additionally, compliance with Exhibit N –Health, Safety, and Environmental (“HSE“) obligations is mandatory, encompassing adherence to relevant laws, international best practices in the oilfield sector, API Recommended Practices, Exhibit N requirements which include the HSE Disciplinary Procedure, in addition to any regulations, procedures or guidelines set by the Company. Our Site-Specific HSSEQ Procedure outlines protocols for managing interface areas and bridging arrangements, providing a comprehensive framework for addressing HSSEQ concerns during project execution. We manage our subcontractors and suppliers through our robust supplier screening process, examining critical topics and assessing compliance, competency, and capability. Given the high-risk nature of our contract partners’ operations, we support their incident investigations to identify root causes and develop corrective measures. • Worker-driven reporting and engagement: In addition to the Stop Work system, employees are encouraged to contribute to safety improvements through formalised reporting mechanisms for hazards, near misses, and safety observations. The system is designed to be easily accessible, allowing all workers to report concerns without fear of reprisal. • Communication and access to information: OHS updates – including policies, risk assessments, lessons learned, and procedural changes – are disseminated through multiple channels such as HSSEQ software applications, digital notice boards, email circulation, and physical postings. • Training and awareness initiatives: Interactive learning is emphasised by integrating safety discussions into daily operational briefings, hazard hunts, and leadership safety walkabouts. These initiatives enable real-time engagement and continuous feedback loops between management and the workforce. Worker training on OHS The HSSEQ function collaborates with Group HR’s Talent and Learning team to develop a competency and capability framework called the OHS Professional Capability Framework designed to support both HSSEQ personnel and the wider workforce. It identifies and addresses skill gaps, enabling employees to possess the skills and knowledge to maintain high standards of HSSEQ. It also facilitates the development of our workforce from a competency-based model to a capacity-driven approach, equipping to respond effectively to complex and evolving challenges. In FY2025, 1,182 employees were trained on health and safety standards, up from FY2024’s 752 employees. The average hours of training per employee for FY2025 is 34 hours. Promotion of workers’ health Employees undergo pre-employment medical assessments to ensure they are fit for work. This process also sets a baseline that enables early detection of potential medical conditions, providing candidates with insights into medical issues that they may be unaware of. SUSTAINABILITY REVIEW Sustainable Supply Chain Management, pg 107. Yinson Production’s supervisors use an online HSSEQ method to assess high-risk tasks by contractors, providing detailed guidance on evaluating contractor compliance with safe work systems and regulatory obligations. Scan for more information on our HSSEQ Management System.
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