Sustainability Report REPORT PROFILE This report summarises our approach and practices towards Sustainability and represents our belief that Sustainability is an important aspect of our business. Reporting Period 1 January 2024 – 31 December 2024 Date of first Sustainability report 2015. Reporting Cycle Annual based on Megachem’s financial year. Feedback We welcome feedback from all stakeholders. Please send questions, comments, suggestions or feedback relating to this report to sustainability@sg.megachem.com. Methodology This report has been prepared with reference to GRI (Global Reporting Initiative) Standard 2021. We have chosen GRI as our sustainability reporting framework as it is internationally recognised and widely adopted, enabling us to provide a comprehensive and comparable disclosure of economic, environmental, social and governance performance. Recommendations from TCFD (Taskforce for Climate-related Financial Disclosures). Relevant UN Sustainable Development Goals (UN SDG). SGX-ST Listing Rules 711A and 711B. Review and Assurance SGX requires Internal Audit function of companies listed on the stock exchange of Singapore to undertake an internal review of the process in relation to sustainability reporting. In this regard, we had engaged Baker Tilly Singapore to perform this review in 2022 and 2024. The internal review was conducted in accordance with the International Standards for the Professional Practice of Internal Auditing issued by the Institute of Internal Auditors. We have not sought external assurance for this report. Our Sustainability program is rated by EcoVadis, an internationally recognised ESG rating agency. 69 ANNUAL REPORT 2024
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