Fraser & Neave Holdings Bhd Sustainability Report 2019

“The SRMC ensures sustainability risks and opportunities are considered at the highest level of F&NHB and drives the company towards achieving its goal of becoming a reliable and sustainable food & beverage leader.” MANAGEMENT AND GOVERNANCE STRUCTURE Sustainability is embedded in F&NHB’s culture. Our Board Charter sets out their responsibility to “include strategies on economic, environmental and social considerations underpinning sustainability.” Hence, our Board ensures F&NHB’s long- term business direction is guided by sustainability principles, and they have ultimate oversight of all sustainability issues. Our Sustainability and Risk Management Committee (SRMC) ensures sustainability risks and opportunities are considered at the highest level of F&NHB by providing strong support to the management team. SRMC has responsibility to approve all strategic initiatives and policies related to sustainability. Headed by the CEO, the F&NHB Sustainability Management Committee (SMC) translates the overall direction into specific policies and goals for functions. The SMC team works in alignment with t he Su s t a i n a b i l i t y De v e l opmen t Committee (SDC) at the F&N Group level in considering, planning, and embedding sustainability development matters. SMC is supported by the Sustainability Development Working Team, which c o n s i s t s o f c r o s s - f u n c t i o n a l representatives which take on various roles of: Sustainability Reporting Secretariat; Pillar Heads; and Sustainability Initiative Champions and Data Owners. Together, they monitor progress of designated goals, drive initiatives at operational level, identify challenges in performance, and gather data for reporting. In FY2019, the SRMC convened on sustainability matters four times, and the SDC three times. 1. Lim Yew Hoe (Lead), Chief Executive Officer* 2. Lai Kah Shen, Director, Finance/Chief Financial Officer (appointed with effect from 4 February 2019) * 3. Tan Hock Beng, Senior Director, Procurement & Special Projects 4. Waradej Patpitak, First Vice President, Manufacturing* 5. Bart Lim, Managing Director, Domestic Commercial Operations (Peninsular Malaysia) 6. David Hoong, Senior Director, Human Capital, Organisation & Technology Management 7. Karn Chitaravimol, Managing Director, F&N Dairies (Thailand) Limited (retired with effect from 1 April 2019) 8. Suchit Riewcharoon, Managing Director, F&N Dairies (Thailand) Limited (appointed with effect from 1 April 2019) 9. Dr. Yap Peng Kang, Senior Director, Manufacturing/Corporate Research & Development* 10. Graham Lim, Director, Brand Marketing 11. Karen Tan, Head, Communications & Corporate Affairs** 12. Kelleigh Foo, Senior Manager, CEO Office & Risk Management * F&N Group Sustainability Development Committee ** F&N Group Sustainability Reporting Secretariat F & N H B S U S T A I N A B I L I T Y M A N A G E M E N T C O MM I T T E E ( S M C ) : Provides overall direction and makes final executive decisions Support the SDC & SMC in planning and monitoring of sustainability development Review and analyse the resulting key issues Ensure performance is on track to achieve targets set Collate data and inputs from data owners for respective operational units Consideration, planning, and policymaking for sustainability development Sustainability Reporting Secretariat Pillar Heads and Sustainability Initiatives Champions Data Owners Sustainability Development Working Team F&NHB Sustainability Management Committee (SMC) F&N Group Sustainability Development Committee (SDC) Nominating Committee Remuneration Committee F&NHB Sustainability & Risk Management Committee Group Executive Committee Share Buy-Back Committee Audit Committee F & N H B B O A R D O F D I R E C T O R S Mr. Lee Kong Yip Chairman F&NHB SRMC 021 S U S T A I N A B I L I T Y R E P O R T 2 0 1 9 Sustainability In F&N