1 TIONG WOON CORPORATION HOLDING LTD SUSTAINABILITY REPORT 2025 BOARD STATEMENT DEAR STAKEHOLDERS, The Board of Directors of Tiong Woon Corporation Holding Ltd (“TWC” or the “Group”) is proud to present our Sustainability Report for the financial year ended 30 June 2025 (“FY2025”). This year marks a pivotal moment in our sustainability journey as we advance our commitment to engineering resilience and powering sustainable infrastructure across our global operations. STRATEGIC TRANSFORMATION AND INNOVATION FY2025 has been characterised by strategic transformation and purposeful innovation. We have reimagined our approach to sustainability, moving beyond compliance to embrace sustainability as a core driver of business value creation. Our integrated strategy connects environmental stewardship, social responsibility, and robust governance with our long-term business objectives. Throughout this transformative year, we have strengthened our position as a sustainability leader in the heavy lifting industry. Our comprehensive approach addresses the complex challenges of climate change, resource optimisation, and stakeholder value creation while maintaining our reputation for operational excellence and safety leadership. CLIMATE LEADERSHIP AND REGULATORY EXCELLENCE This year marks our inaugural adoption of the IFRS S2 Climate-related Disclosures standards, positioning TWC at the forefront of transparent climate reporting. We have enhanced our climate risk management framework, conducting comprehensive scenario analyses that inform our strategic decision-making and investment priorities. Our Board maintains active oversight of climate-related risks and opportunities, ensuring they are fully integrated into our business strategy and risk management processes. The transition to IFRS S2 has strengthened our climate disclosures, providing stakeholders with enhanced transparency on how climate considerations shape our business resilience and strategic direction. We have made significant progress in quantifying the financial implications of climate risks and opportunities, enabling more informed strategic planning and stakeholder engagement. FUTURE-READY STRATEGY Looking ahead, we are well-positioned to capitalise on emerging opportunities in sustainable infrastructure development. Our strategic investments in green technology, workforce development, and stakeholder partnerships position TWC as a preferred partner for clients seeking sustainable heavy lifting solutions. We remain committed to advancing the United Nations Sustainable Development Goals while creating long-term value for all stakeholders. The Board and management team extend our gratitude to all stakeholders for their continued support and partnership. Together, we are engineering a resilient future that balances operational excellence with environmental stewardship and social responsibility. Yours faithfully, MR ANG KAH HONG Executive Chairman For and on behalf of the Board
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