103 INTEGRATED ANNUAL REPORT 2026 SUSTAINABILITY REVIEW | SUSTAINABLE GROWTH THROUGH GOVERNANCE Our approach aligns key tax governance and risk management practices to Yinson’s overarching ESG strategy and objectives. The Group Tax Department works with business, operations and finance departments across the Group to ensure compliance with the tax regulations and to assess key tax implications, while supporting commercially sound decision-making and transactions. This includes: • Reviewing business proposals that may have tax implications. • Assessing and managing tax risks for local and cross-border related-party transactions. • Establishing tax technical positions supported by documentation, legal interpretation and regulatory practise. • Managing audits and enquiries from tax or regulatory authorities. We monitor transactions proactively to identify, assess and categorise potential tax risk items in line with the relevant risk profiles and Yinson’s overall risk appetite. Risks are escalated to the relevant stakeholders through our tax risk escalation matrix, which is mapped to Yinson’s broader risk management framework. This is supported by regular engagement with external tax advisors, professional bodies and tax authorities, as well as participation in related seminars and conferences. Updates are shared with management and other relevant departments in a timely manner. To support our decision-making process, we seek approval and guidance from the Board and Audit Committee on high-risk transactions or areas of uncertainty regarding the interpretation of the tax law, and consult external tax and legal advisors where required. Yinson also maintains a whistleblowing channel for employees to report concerns relating to Yinson’s tax integrity. We maintain collaborative, respectful, and timely communications with tax authorities and agencies to ensure fair, accurate, and prompt disclosures. We aim to respond promptly to requests, resolve disputes amicably, and seek rulings or confirmations as needed. If our legitimate rights are compromised, appropriate actions will be taken to safeguard the organisation's interests. Scan for further information on our Group Tax Strategy and how we conduct our tax operations. Key highlights Business policies and practices to ensure ethical, transparent and responsible corporate governance and compliance. GE Corporate Governance & Business Ethics 100% 100% Yes 80% 100% ZERO UNRESOLVED PRIVACY BREACHES ZERO UNRESOLVED CONFIDENTIAL DATA BREACHES SUSTAINABILITY STATEMENT ASSURANCE ABAC TRAINING ZERO INCIDENCES OF CORRUPTION • Operations assessed for corruption-related risks: 100% • Tax governance: Tax is a core part of Yinson’s corporate responsibility and governance. Our Board oversees tax affairs, ensuring compliance and regular updates. • Upholding compliance requirements: Yinson subscribes to a 'Compliance First' philosophy, paying our fair share of taxes and meeting all reporting obligations accurately and on time, in line with local tax laws and regulations in the countries where we operate. • Business structure: Yinson’s business structures are genuine substance and aligned with our commercial goals. • Utilising tax incentives: Yinson leverages tax incentives where available and applicable, ensuring they align with regulatory frameworks, policy objectives and our business needs. • Relationship with tax authorities: Yinson fosters open, collaborative and transparent relationships with tax authorities in all countries where we operate. • Transparency: We aim for transparency in our tax affairs, providing regular updates to stakeholders on our approach, governance and payments. Key tax principles Our Group Tax Strategy, applicable across Yinson and its businesses, is prepared in line with GRI 207, the Bursa Tax Governance Guide and Paragraphs 19 and 20 of Schedule 19 of the United Kingdom Finance Act 2016. The strategy is reviewed by the Audit Committee and approved by the Board, with periodic review by Group Tax Department for further Board approval. 25 26 27 29 30
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