Sustainability Report

Oversight of Climate-Related Risks and Opportunities

Roles and responsibilities of the Royal Selangor’s ESG governance structure

Governance body

Roles & responsibilities

Reporting line

Reporting frequency

Royal Selangor has established a clear governance framework with defined roles, responsibilities, and reporting lines to ensure the effective implementation of our ESG strategy.

Quarterly

Board of Directors Tan Sri Yong Poh Kon, Chairman Dato’ Yong Yoon Li, Managing Director Chen Tien Yue, Executive Director Peter John Coleman, Director Joseph Tan, Director Wong Chin Yoon, Director

Oversees ESG activities Monitors progress of RSI climate commitment

The Board of Directors, Managing Director, ESG committee, Net Zero Steering Committee, Operational Risk Committee, and Heads of Department (HODs) all play crucial roles, as outlined in Figure 10.2.1.

Managing Director Dato’ Yong Yoon Li

Oversees ESG activities Monitors progress of RSI climate commitment Update to Board status of ESG strategy Acts as responsible body for ESG matters Develops, monitors & supports implementation of ESG strategy Endorses & monitors ESG climate commitment targets Prepares ESG report Updates to the MD on ESG matters Shares & reports ESG strategy with net zero steering committee & HODs Updates ESG committee & MD on net zero matters & budgetary requirements Oversees strategy & governance to reduce GHG emissions Tracks progress of RSI GHG emissions Prepares net zero report

BOD

Quarterly

Board of Directors

ESG Committee Keong Joo Dee Hilda Razali Dr Mohd Yusry Mustafa

Managing director

Quarterly

Managing Directors

ESG Committee

Net Zero Steering Committee Ong Chee Shen Zulfaqih Lazim Carson Tan Selvam Subramaniam Rozeta Dollah Operational Risk Committee HR, FAD, SHE, MFG Internal audit

ESG committee

Quarterly

Operational Risk Committee

HODs

Net Zero Committee

Updates ESG committee & MD on risk management system. Oversees strategy & governance to reduce effects of transition and physical risks.

ESG committee

Quarterly

Royal Selangor’s sustainability governance structure

Heads of Departments / Section (HODs)

Submit data for updating ESG strategy

ESG committee

Quarterly

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