16 TIONG WOON CORPORATION HOLDING LTD SUSTAINABILITY REPORT 2025 SAFETY LEADERSHIP AND RISK MANAGEMENT In FY2025, TWC continued to prioritise a safe and healthy work environment. To reduce workplace incidents and health risks, we conducted our annual review of the Health, Safety and Environmental (“HSE”) Policy and maintained key certifications, including ISO 14001:2015, ISO 45001:2018, and bizSAFE Level Star. These systems apply to all employees and contractors under the Group’s operational control. Risk assessments are reviewed every three years and regularly updated through inspections and employee feedback. Our workers are empowered to refuse unsafe work, supported by a non-retaliation incident reporting system. The HSE Committee oversees safety implementation, policy enforcement, incident investigations, and corrective actions. Our OHS practices comply with relevant legal and regulatory standards, strengthening our safety culture. The HSE Department, staffed with MOM-registered WSH Officers and Coordinators, leads our safety efforts. A bizSAFE-trained Risk Assessment Team manages hazard identification and control. The Estate Department Team conducts fire safety checks and emergency drills, while the Human Capital team ensures new hires are fit for work and trained on WSH responsibilities, and competencies conforming to applicable WSH regulations In marine operations, employees are certified in ship firefighting and piracy mitigation to handle maritime emergencies safely. Compliance is monitored through regular internal audits and third-party external reviews. Vendor HSE performance is assessed during onboarding and annually to ensure alignment across the supply chain. CREATING ZERO-HARM WORK ENVIRONMENTS Safety excellence represents the cornerstone of our operational philosophy, reflecting our fundamental commitment to protecting every individual who works with us or is impacted by our operations. Our safety leadership approach integrates systematic risk management with cultural transformation to create work environments where safety is everyone’s responsibility, and every incident is preventable. INTEGRATED SAFETY MANAGEMENT SYSTEM Our safety framework operates through comprehensive risk assessment, systematic hazard management, and continuous capability development. This integrated approach ensures consistent safety performance while enabling proactive risk mitigation and continuous improvement across all operational contexts. SAFETY LEADERSHIP PRINCIPLES: • Zero Tolerance for Preventable Incidents: Every incident represents an opportunity for learning and systematic improvement • Proactive Risk Management: Identifying and mitigating risks before they result in incidents or unsafe conditions • Collective Responsibility: Safety excellence requires active participation and accountability from every team member • Continuous Learning: Regular training, skill development, and knowledge sharing to enhance safety capabilities
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