SUSTAINABILITY STATEMENT Physical Risk Time Horizon Timeframe Overall Risk Rating Impact on the Group’s Strategy and Business Model Rising temperatures and heatwaves Medium term 2029–2035 Low Hotter conditions may occur more frequently and persist longer, increasing the probability of higher cooling demand/costs, heat-related discomfort affecting wellbeing, and occasional strain on building cooling systems. Business implications are more about cost pressure and monitoring/controls rather than material operational disruption. Long term 2036–2050 Medium More frequent heatwaves can raise workforce wellbeing/availability risks (fatigue, reduced concentration, absenteeism) and drive higher and more consistent cooling needs for offices and critical IT environments lifting energy consumption and operating expenditure. This strengthens the strategic case for efficiency upgrades and heatwave preparedness to protect service reliability. Scenario 2 - [NGFS NET ZERO 2050] Physical Risk Time Horizon Timeframe Overall Risk Rating Impact on the Group’s Strategy and Business Model Environmental & energy policy shift Short term 2026–2028 Moderate Policy and regulatory changes are expected to primarily drive higher compliance and operational requirements, rather than direct emissions constraints. The Energy Efficiency and Conservation Act 2024, which came into force on 1 January 2025, signals stronger national expectations for energy management, efficiency and related reporting for applicable premises and building operations. While Malaysia has also signalled the introduction of a carbon tax by 2026, initial coverage is expected to focus on higher-emitting sectors. As a result, near-term exposure is more likely to be indirect through electricity pricing impacts and supplier cost pass-through rather than through direct taxation. Medium term 2029–2035 High Regulatory and policy shifts are expected to become more material through a combination of expanded sustainability-related compliance expectations and market access pressures. As national sustainability reporting requirements progress and climate-related disclosure expectations become more embedded across capital markets, additional investment may be required in data governance, reporting systems, internal controls and assurance readiness to meet stakeholder expectations. This period is also likely to see stronger ESG-linked procurement practices among institutional and corporate customers, increasing the risk of reduced competitiveness if credible sustainability governance and operational readiness cannot be demonstrated. Indirect carboncost exposure may also increase as carbon pricing and energy transition measures influence broader value chain costs and service pricing. Long term 2036–2050 Very High As Malaysia advances toward its net-zero ambition by 2050, policy settings are expected to become more stringent across the economy, including broader application of carbon pricing mechanisms, tighter energy performance standards, and more mature sustainability disclosure regimes. For Zetrix AI, the risk profile is expected to be driven by structural cost and compliance pressures, including higher electricity and supplier costs, and heightened expectations from clients and investors regarding verifiable climate governance and performance. By this stage, energy efficiency, lower-carbon electricity sourcing, and robust sustainability reporting practices are likely to be “business-as-usual” requirements. IFRS S2 CLIMATE RELATED DISCLOSURES (cont’d) 154
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