134 YINSON HOLDINGS BERHAD Crisis management tabletop exercise In FY2026, Yinson conducted its first Group-level crisis management tabletop exercise to assess the effectiveness of Yinson’s Crisis Management Plan (“CMP”) and Crisis Communication Plan (“CCP”). The exercise tested the Crisis Management Team (“CMT”) readiness, escalation protocols, decision-making processes and communication flows under simulated conditions. The exercise identified areas of strength as well as opportunities for improvement. Key observations and recommended actions were reported to management and the BRSC, and incorporated into the updated CMP and CCP to enhance crisis preparedness and governance oversight. Adoption of a new Enterprise Risk Management Solution Yinson embarked on the digitisation of its risk management information through the implementation of a new ERM solution which serves as a centralised risk database for the Group. The implementation of the ERM solution enhances the timeliness and consistency of risk information, supporting more informed decision-making as adoption continues to mature across the Group. The ERM solution was rolled out in phases, starting at the Group level before cascading to risk owners and risk coordinators across the business. This phased implementation approach ensures effective change management, user adoption and alignment with existing governance structure. The new ERM solution has also enhanced the efficiency and consistency of the risk review and reporting process by enabling standardised risk assessment, live updates and improved visibility of risk registers across the Group. Yinson’s key risks FY2026 Project execution risk FY2026 demonstrates Yinson’s ability to execute multiple projects concurrently across its FPSO, renewables and green technology businesses. As the Group’s project portfolio expands in scale, complexity and diversity, the successful execution of these projects remains critical to the achievement of strategic objectives. Project execution risk arises from challenges that may impact the time, cost and quality of the projects delivered which includes, but are not limited to, scope changes, budget overruns, schedule delays, supply chain issues and regulatory compliance requirements. To mitigate such risks, Yinson adopts robust project management practices, including fixed-price contracts, comprehensive procurement policies, and regular project reviews. These measures ensure adherence to timelines and budgets while maintaining high-quality standards. Additionally, Yinson’s focus on securing long-term charters and collaborating with experienced contractors further reduces exposure to project risks. By embedding rigorous risk management into its project execution framework, these measures support disciplined execution and mitigate exposure to cost, schedule and quality deviations. Investment risk As part of its strategic objective to diversify its portfolio, including allocating at least 30% of total equity into green businesses by 2030, the Group faces investment risk associated with the capital-intensive projects, long investment horizons and evolving market conditions. Renewables and green technology projects often require significant upfront capital expenditure and involve earlystage or long-term investment exposure where commercial viability and market maturity may only materialise over an extended timeframe. To mitigate these risks, Yinson adopts a disciplined and structured investment approach, underpinned by a robust project evaluation and investment framework to assess commercial viability, risk-return profiles and strategic alignment. The Group actively manages its investment portfolio by prioritising opportunities with clearer pathways to sustainable returns while continuously reviewing portfolio performance to optimise capital deployment. Financial discipline is reinforced through regular financial forecasting and monitoring, complemented by cost control measures implemented across businesses. These measures support prudent capital deployment and mitigate cumulative exposure associated with long-term investments. GOVERNANCE
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