Sustainability Report For Megachem, our Sustainability Strategy is built around a vision to align our economic success with environmental and social responsibility, backed by a system of governance and values. We recognize that the environmental and social interaction with our community affect our long-term organizational success and thus the need to manage not only corporate and financial performance but also the environmental and social impact of our business. Sustainability Policy A Sustainability Policy is in place which outlines the Group’s commitment to environmental, social, and governance (ESG) practices and its approach to addressing sustainability risks and opportunities. The policy aims to guide the Group’s operations, decision-making, and reporting to ensure alignment with global sustainability standards and best practices. Sustainability Principles Our board of directors sets forth the following principles as a guide for our sustainability practices: • Environmental Responsibility: Minimizing our environmental footprint, promoting resource efficiency, and contributing to climate action. • Social Responsibility: Fostering a positive impact on our communities, promoting human rights, and ensuring ethical business practices. • Governance Responsibility: Upholding high standards of corporate governance, transparency, and accountability. ORGANISATIONAL PROFILE Megachem Sustainability Strategy Key Commitments • Climate Action - reducing greenhouse gas emissions, investing in renewable energy, and adapting to climate change. • Resource Efficiency - optimizing resource consumption, reducing waste, and promoting sustainable practices throughout our value chain. • Human Rights: Respecting and protecting human rights throughout our operations. • Labour Standards - Adhering to international labour standards and promoting fair working conditions. • Community Engagement - Contributing to the wellbeing of the communities where we operate. • Ethical Business Practices - Upholding the highest ethical standards in our business dealings. • Governance - Implementing robust governance practices, including risk management, internal controls, and transparency. 70 ANNUAL REPORT 2024
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