SUSTAINABILITY STATEMENT Materiality matters typically refer to issues or topics that can both directly and indirectly impact MYEG’s values, especially when considered from an economic, environmental and social perspective (“EES”). MYEG’S MATERIALITY ASSESSMENT PROCESS Identification The EES framework comes into play when it comes to identifying material matters by the Board since aspects such as risk assessment and stakeholder engagement are categorised using EES. Stakeholder engagement remains a crucial aspect when it comes to MYEG’s approach in identifying and addressing materiality topics. Prioritisation Materiality matters potentially affect MYEG’s ability to remain sustainable, which is why the Group prioritises certain material matters with a more strategic mindset as these matters carry more importance than others. Prioritisation is necessary and more efficient in this case. Validation The findings of the prioritisation process is reviewed and refined accordingly before being approved by the Board. Our list of material topics remains unchanged from the previous year, given that the pandemic is no longer considered to be a large and disruptive material factor in our business operations. MYEG can fully focus on the established materiality matters that the Group has continuously strived to make headway in. However, as mentioned before, certain topics such as climate change have been given more importance in how we approach them. Throughout our discussions on these topics, it is clear that stakeholder engagement remains a top priority for MYEG. ECONOMIC DIRECT ECONOMIC VALUE CREATED The economic improvement in FY2022, as signalled by Malaysia entering the endemic phase of the COVID-19 health situation by opening almost all economic sectors to full capacity, enabled MYEG to continue its healthy financial performance from the previous year. Our commercial services, healthcare-related services and newly-launched blockchain-based offerings were also in high demand and contributed to a positive financial and operational performance in FY2022. Kindly refer to the Management Discussion and Analysis section of this Annual Report for specific details on business and financial performance. Below are some of our direct economic values created in FY2022: RM651.11 million Total Revenue RM404.37 million Profit Before Tax and RM404.41 million Profit After Tax RM76.42 million Cash and Cash equivalents 1.17 sen Final Dividend RM2.54 billion Total Assets MATERIALITY MATTERS 77
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