Integrated Annual Report 2023

Sustainability Statement Sustainability Statement The unfortunate fatal injury involving a contractor occurred at QL Farms Sdn. Bhd. The contactor was operating an excavator that accidentally contacted with an overhead live cable. He was found unconscious and pronounced dead upon arrival at the hospital. Following the fatal incident, accident investigation was carried out to identify the root causes and to determine controls for preventing recurrence. The details of the incident and recommended controls were communicated to all Heads of Business Units and through our sharing and learning session. Safety and Health Upskilling In our efforts to upskill and improve safety awareness of our people, numerous initiatives such as safety moment, safety induction for all employees and contractors and specific training such as emergency preparedness, chemical safety, forklift safety, HIRARC and on-the-job training were conducted at group and business unit levels. In FY2023, a total of 1,830 safety training sessions were conducted of which 16,074 participants received training on health and safety standards. The management of QL’s subsidiaries understand the important of being prepared in the event of emergency and the initiative of reviewing and improving current processes is undertaken by individual subsidiary. This includes injury management, fire prevention, protection, and suppression and evacuation. Other potential emergencies that have been identified are major spillage and gas leak. On 7 December 2022, the Fire and Rescue Department, Police, Civil Defence Ministry, Health Ministry and City Council of Teluk Intan successfully completed a simulation exercise on ammonia gas leakage at QL Foods Sdn. Bhd., Hutan Melintang. A total of 40 employees participated in the exercise. The purpose of this simulation exercise was to enhance the preparedness of the organisation in the event of ammonia gas leakage on the emergency response procedures, processes, and systems. Creating Employment Opportunities for Local Communities As with past years, QL has been conscientious in our focus on giving back to local communities where we operate in by providing gainful employment to those in need. In FY2023, QL employed 6,135 locals, representing 79.8% of the total hires employed throughout the year. Largely, CVS business pillar contributed to the most local employees being hired. Year on year, our QL Endau Marine business has been actively hiring the underserved Orang Asli communities surrounding the operation. This year, we hired a total of 53 Orang Asli hires, of which only 41.5% remains employed. The challenge remains in retaining and equipping these talents with life skills that enable them to have a more sustainable income. Prospering Together with Our Local Fishermen Marine Product Manufacturing (MPM) business pillar has adopted the Fishermen Financial Assistance Scheme (FFAS) as its core flagship programme to uplift the livelihood of fisherman. Over the years, fishermen beneficiaries have not only been assisted financially by QL to own and upgrade their own fishing vessels, but they have also benefited non-financially from the sharing of industry knowledge which enable them to advance their business. Fire safety and the use of fire extinguisher training at QL Endau Marine Products Sdn. Bhd. Ammonia gas leakage simulation exercise at QL Foods Sdn. Bhd. ISO 45001:2018 internal audit training held at QL Poultry Farm Sdn. Bhd. As part of ISO 45001:2018 certification programme at QL Poultry Farm Sdn. Bhd., an ISO 45001 internal audit training was held on 24 May 2022. The training was attended by nominated personnel from Pajam Farm and eight OSH professionals from other subsidiaries. COMMITMENT TO OUR COMMUNITIES Performance • Assisted 11,942 beneficiaries via our corporate philanthropy collaborations with an investment of over RM835,600 • Created employment opportunities for 6,135 local individuals • Upgraded fishing gears and equipment of 924 fishermen via RM21.84 million interest-free Fishermen Financial Assistance Scheme (FFAS) • Provided adequate protein intake by giving one egg per child to 207 pre-schoolers from 9 government schools in rural areas over a 6-month period to raise awareness on child stunting issues in Malaysia Our Approach Guided by QL’s business philosophy of “value for all”, QL remains steadfast in our commitment to create benefits and elevate the lives of numerous communities. We believe in enriching and touching the lives of our communities through our once-off or long-term flagship programmes that are done through our diversified business pillars. Till this day, QL takes pride in this initiative that has yielded a mutually beneficial arrangement between the company and fishermen. These fishermen whose livelihoods have improved tremendously, supply their catch to the company. In turn, QL receives a continuous stream of raw materials for our valueadded Marine Products Manufacturing business. In FY2023, QL contributed RM21.84 million in financial assistance under FFAS, benefitting 924 fishermen. An estimated net financing cost of RM647,000 incurred was borne by QL. Total Financial Assistance and Number of Beneficiaries (RM Mil/Number of Fisherman) FY2022 914 20.81 FY2021 974 23.85 FY2023 924 21.84 QL RESOURCES BERHAD INTEGRATED ANNUAL REPORT 2023 SEC. SUSTA I N A B I L I TY STATEMENT 5 063 062 PG. PG.

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