Fraser & Neave Holdings Bhd Sustainability Report 2021

GRI Index: GRI 201-1 F&N’s business success is based upon long-term value creation for our stakeholders. We achieve this by maintaining leadership in our core markets, and by leveraging innovative technologies and employees’ expertise to meet consumers’ evolving demands and enter new markets. Our economic performance provides us with a firm foundation to continue delivering the products which our customers love. Our Value Creation Business Model is explained in detail on pages 022 to 023 of this report. F&N economic performance depends upon all six capitals (financial, manufactured, intellectual, human, social & relationship, and natural). Thus F&N’s ability to create financial value is supported by our sustainability initiatives. F&N generates economic value in a number of ways. Full information is included in our audited financial statements, as part of our Annual Report 2021: • Group Financial Highlights, pages 008 to 009 • Group Financial Statements, pages 160 to 247 PERFORMANCE ECONOMIC PERFORMANCE Notes: (i) Employee benefit expenses comprise of wages, salaries, contributions to state plans, expenses related to defined benefit plans, share-based payment expense, one-o! restructuring costs and other sta! costs. (ii) Economic value retained is calculated by direct economic value generated (revenue) – economic value distributed (annual dividends, cost of sales, employee benefit expenses and income tax expenses). Community investments are not included. GRI 201-1: Direct economic value generated and distributed FY2020 FY2021 RM2,044.7 million RM2,136.5 million RM4,130.9 million RM3,988.5 million Malaysia Malaysia Thailand Thailand RM1,943.8 million RM1,994.4 million FY2020 FY2021 RM220.1 million RM220.1 million FY2020 FY2021 RM2,936.7 million RM2,758.1 million FY2020 FY2021 RM289.7 million RM297.4 million FY2020 FY2021 RM84.3 million RM112.8 million FY2020 FY2021 RM600.1 million RM600.1 million Economic Value Distributed Direct Economic Value Generated Economic Value Retained Revenue Annual Dividends Cost of Sales Employee Benefit Expenses Income Tax Expenses Economic Value Retained Responsible Business Practice 049 Fraser & Neave Holdings Bhd ! Sustainability Report 2021