14 YINSON HOLDINGS BERHAD As the global energy landscape continues evolving, the world is reaching the practical recognition that meeting rising demand requires ‘energy addition’ – expanding both conventional and new energy sources in parallel. This broader perspective aligns with our long-term strategy of scaling up our Offshore Production business while developing reliable, lower-carbon and scalable solutions. Energy addition is reshaping the global energy landscape, pg 17 We believe that a just, inclusive and orderly transition is the only pathway that upholds energy security, affordability and sustainability across the entire system. This integrated approach ensures that no community is left behind as the global economy decarbonises. Yinson is ready to adapt, refine and reposition our portfolio to capture growth where our capabilities create the greatest value, ensuring we remain competitive, future-focused and aligned with the world’s energy needs. As part of this vision, we remain committed to responsible environmental and social stewardship and the highest standards of safety and ethics, recognising that long-term value can only be delivered through sustainable and responsible practices. EXECUTING OUR DISCIPLINED GROWTH STRATEGY Yinson’s Board of Directors (“Board”) continues to affirm the Group’s portfolio positioning across Offshore Production, Renewables and GreenTech, and acknowledges the significant progress made in 2025 in preparing the organisation for our next phase of growth. Over the past year, the team prioritised opportunities aligned with our capabilities and risk appetite, deepened our partnerships with blue-chip global investors, and scaled only where we can maintain execution and operational quality. Capital discipline remained non-negotiable: growth was pursued selectively, projects were structured for resilience through market cycles, and balance sheet strength was safeguarded. This disciplined approach will continue to underpin our strategy as we navigate an increasingly unpredictable global environment. The Board’s risk oversight – covering project delivery, HSE, supply chain, financing, and geopolitical exposure – remains central to ensuring high-quality decisions and long-term value creation. In doing so, we continue to strengthen enterprise resilience to withstand market volatility, regulatory shifts and emerging global risks. On behalf of the Board, I am pleased to present Yinson’s Integrated Annual Report 2026. Our mandate throughout 2025 remained clear: safeguard long-term value, uphold rigorous oversight, and ensure that strategy, risk and capital allocation are aligned to deliver sustainable outcomes for all stakeholders. After a year focused on adapting our foundations for further growth, Yinson now stands poised to accelerate with confidence. CHAIRMAN STATEMENT Commentary by Lim Han Weng, Group Executive Chairman LEADERSHIP MESSAGES
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