87 INTEGRATED ANNUAL REPORT 2026 transition by balancing investment priorities with broader macroeconomic considerations such as inflation, supply chain constraints and the cost of capital. As at FY2026, 9% of our total equity had been invested in green businesses. Yinson’s climate transition strategy focuses on progressively decarbonising our offshore production business while maintaining operational reliability, safety and long-term value creation. Central to this strategy is the Zero Emissions FPSO Concept, which integrates design optimisation, electrification, energy efficiency measures and carbon capture readiness to reduce emissions from floating production assets. This approach is embedded into our asset development, engineering design and investment decisions to ensure that emissions avoidance and reduction are integrated with operational performance and long-term asset integrity. In parallel, Yinson continues to manage transition risks and opportunities arising from evolving market, regulatory and customer expectations by expanding into low-carbon and transition-enabling solutions through Yinson Renewables and Yinson GreenTech, and pursuing business-adjacent opportunities such as floating liquefied natural gas (FLNG) and CCS. These shifts help capture emerging opportunities aligned with the evolving global energy landscape. Yinson’s climate adaptation approach focuses on managing physical climate risks by strengthening asset resilience and ensuring operational continuity across its portfolio. Current and future FPSOs are engineered to withstand a range of environmental loads, including increased wave heights and wind intensity, using conservative design standards with periods of up to 100 years to account for both acute and chronic climate-related events. In the renewables and green technologies businesses, physical climate risks are addressed through comprehensive planning and robust risk management measures to mitigate the impacts of extreme weather and changing climate conditions, supporting resilience and reliable operations. We strive to ensure that workforce considerations are meaningfully integrated into these shifts. Within Yinson Production, the transition is supported by the continued relevance of core engineering and offshore operational competencies, enabling workforce continuity as assets evolve technologically. Yinson Renewables and Yinson GreenTech, meanwhile, focus on building and scaling specialised capabilities to support business growth, with workforce expansion aligned to project pipelines and organisational maturity. Across the Group, we remain committed to responsible workforce planning, skills development and longterm employability as Yinson advances its climate transition. Yinson’s businesses continue to take climate action and make progress towards a just transition, explained in further detail within this Report. SUSTAINABILITY REVIEW | BUILDING ENVIRONMENTAL AND CLIMATE RESILIENCE Developing the low-carbon value chain, pg 73 Promote responsible environmental management by optimising resource use, emissions, and implementing circular practices for effective control of waste, water, effluent and air pollution. ES Environmental Stewardship Key highlights WATER DISCHARGE FROM OPERATIONS 5.6 ppm (produced water) 5.3 ppm (slop water) 2 incidents • Total energy consumption: 5,331,155.8 MWh • Total freshwater consumption: 558.8 kL • Total waste generation: 1,288.3 tonnes • Total waste reused, recycled or recovered: 278 tonnes • Total waste disposed: 1,010.3 tonnes ZERO SPILLS MANAGEMENT APPROACH Yinson integrates comprehensive and specialised waste and pollutant management procedures into our offshore operations to ensure regulatory compliance, operational efficiency and the protection of the environment. Yinson’s Integrated HSSEQ Management System, which is aligned with ISO 9001, ISO 14001 and ISO 45001, integrates requirements for environmental aspects and impacts, regulatory compliance, incident investigation and continual improvement. These controls are operationalised through the Yinson Management System (“YMS”), our Group-wide document control platform that ensures procedures, forms and records are up-to-date, relevant, accessible and auditable across all assets. Environmental governance Yinson’s Sustainability Policy is the foundation of our environmental management approach. The Board and Management provide oversight on sustainability-related matters, while the MSC is responsible for implementing Group policies, guidelines and systems to ensure effective environmental risk management. The ESG Taskforce, comprising representatives from key businesses and functions, is responsible for facilitating key sustainability initiatives and managing Yinson’s environmental performance. Sustainability governance, pg 34 7 8
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