OUR BUSINESS AND STRATEGY VALUE CREATION MODEL (cont’d) Social and Relationship Outcomes Zetrix AI received a service extension from JPJ, commencing from 23 May 2023 to 22 May 2026. Partnered with CBM to provide an additional avenue for users to self-check credit reports via CBM's MySCoRE platform. MYEG PH and SSS PH partnered to enhance the payment experience for SSS PH members to enjoy a hassle-free and e cient online payment of loans and contributions through MYEG PH’s website. Zetrix AI entered into an MOU with SDEC to collaborate in providing e-government services in Sarawak. Strategic interest in and establishment of a teaming agreement with e-government services provider HeiTech Padu Berhad. A tripartite collaboration between World network, MIMOS Berhad and Zetrix AI saw the Group deploy iris-scanning orbs and verify users across Malaysia. OUR VALUE CREATION PROCESS AND BUSINESS MODEL (cont’d) Financial Values Created Revenue: RM1.34 billion Pro t before Tax: RM868.58 million Cash and cash equivalents: RM533.06 million OUTPUTS OUTCOMES Financial Outcomes Final dividend payout of 2.89 sen per share for FY2025 subject to shareholders’ approval. RM2.55 million paid in income tax. Total assets of RM5.56 billion. RM2.47 billion distributable retained pro ts. RM92.52 million paid in wages. RM10.37 million paid in statutory contributions. Manufactured Outcomes Improved e ciency of our one-stop, door-to-door service experience for customers. Expansion of services to more customers in Malaysia, the Philippines, and other locations. Promote use and proliferation of e-services in Malaysia, including e-government services. Enhanced online security through implementation of advanced user veri cation technology. Manufactured Values Created Online renewal of vehicle insurance and road tax as well as driving licence. Last-mile delivery of products, e.g. licences, permits. Provision of vehicle roadside assistance for users. Construction of foreign workers’ housing hostel. Intellectual Outcomes Provides convenience to customers, saving time, travel and contributing to reduced environmental footprint across the customer value chain. Further enhancement of our unique business model and value proposition. The ability to retain our market leadership position and continue setting the pace for the industry. The ability to operate as a market disruptor and leader through new technology and new o erings. Expansion of market presence to the regional and global level. Enabling issuance and veri cation of digital IDs and credentials to enhance online security and wider adoption of digital services. Converging Web3, AI and robotics to enable optimally e cient, intelligent and secure cross-border transactions, digital identity interoperability and automation solutions that seamlessly connect peoples, businesses and governments. Human Outcomes Sta strength of 1,909. Low attrition rate. Human Values Created Competent employees. Increase in employee engagement. Long service employee. Growth in workforce. RM124.40 million paid to nanciers in repayment of term loans and lease liabilities. RM1.68 billion in total borrowings. Low 0.31 times net gearing ratio. MYEG Drive Testing System. Malaysian Blockchain Infrastructure. Integrated Digital ID Superapp. NurAI. Development of highly skilled, knowledge-based workers to drive Malaysia’s digital economy. Social Values Created Greater understanding among key Government and business stakeholders on our business model and prospects going forward. Greater investment analysis and interest among investors – local and foreign, retail and institutional – in the company. Enhanced trust and con dence in the Company among customers and nanciers. Stronger interest among other organisations and enttities to form partnerships and collaborations with the Company. Zetrix AI announced its collaboration with East Logistics Link Co, a wholly-owned agency of the GACC, to exclusively collaborate on the development and operation of the NSW platform for ASEAN countries. Zetrix partnered with MDEC, Intelligence Traceability Sdn. Bhd., and Biforst Group on halal traceability through blockchain. Zetrix and Astron launched the enhanced China Digital IDs, ZID, to combat online identity fraud. Zetrix AI signed an agreement with Beitou IT Innovation to jointly set up the Malaysia-China AI Innovation and Cooperation Centre as the Flagship ASEAN China AI Lab. Zetrix AI entered into a MOU with Huawei Malaysia and Heitech Padu with the intent to work together for the purpose of Cloud and AI-enabled smart government services cooperation. The collaboration between MIMOS Berhad and Zetrix AI culminated in the operationalisation of the MBI. The emergence of a “greener” business operation that has e ectively mitigated the e ects of rising energy costs. 268.92 tonnes CO2e Scope One emissions 1,320.74 tonnes CO2e Scope Two emissions 3,858.71 tonnes CO2e Scope Three emissions Intellectual Values Created The introduction of motor vehicle-related solutions, including MYEG's Drive Testing System, MyMotor, MyAssist, online vehicle auction platform, and online renewal of insurance, road tax and driving licence, as well as online insurance comparison portal, further cements Zetrix AI as a one-stop centre that covers the needs of drivers and motorists. This includes providing a large range of new and used vehicles to choose from, providing nancial assistance via multiple vehicle nancing options as well as roadside vehicle assistance packages. Other bene ts (related and unrelated) created via the business model include: Enabling foreign worker permit and insurance renewal. Road tax renewal in one click and delivery of road tax to the preferred destination. Variety of IT-related services and products that are attractive to stakeholders. Positive technology investment that is expected to perform well in the future. Enhancing road safety and facilitating more e ective regulation and enforcement. Provision of online nance services via MY EG Finance Technologies Sdn. Bhd. Establishment of Zetrix layer-1 blockchain and Zetrix digital tokens. New blockchain-related initiatives including ZTrade, supply chain nancing solutions, a multi-chain wallet and a digital credentials service known as ZCert and ZID. Zetrix-enabled global blockchain-based voting system and app for Miss Universe Organisation. Development of Integrated Digital ID Superapp. Operationalisation of the MBI. Launch of NurAI, the world’s rst Shariah-aligned, Islamic values-based LLM. Implementation of NIISe project in collaboration with HeiTech. Launch of the Yooride micromobility platform. Supported the issuance of ringgit-backed stablecoins on the MBI, with the JMYR stablecoin being the rst to be launched in 2025. Zetrix AI entered into a MOU with SGTraDex to establish a framework for strategic cooperation to enable both parties to collaboratively facilitate seamless, digital cross-border trade between Malaysia and Singapore. Zetrix AI partnered with PPZ-MAIWP to introduce a Waqf Online Payment System through the MYEG portal. MUO partnered with Zetrix AI to launch the Miss Universe Global Blockchain Voting App. The World Bank Group, through IFC, announced an investment in Zetrix AI to support the development and expansion of blockchain-based DPI applications and AI-enabled solutions. 63
RkJQdWJsaXNoZXIy NDgzMzc=