Geo Energy Resources Limited - Sustainability Report 2023

Sustainability Report 2023 46 Providing our employees with the necessary skills to succeed To nurture and retain top talent within our organisation, we offer customised training programs tailored to the specific roles and responsibilities of our employees. This ensures that they have a well-defined career path and can make optimal contributions to the Group and their colleagues. Furthermore, we regularly conduct performance and career development reviews annually for our employees in both our Singapore and Indonesia offices to assess and align employees' workrelated goals. These reviews enable us to evaluate individual performance and provide guidance for further growth and development within the organisation. For further details on number of employees who received regular performance and career development, please refer to the Appendix - Sustainability Performance section. During the year 2023, our Group provided a comprehensive range of training programs to our employees, encompassing various areas, such as finance and accounting, ethics, corporate governance, and operations management. In total, 2,493 hours of training were delivered to our employees. On average, each employee received approximately 7 hours of training, calculated by dividing the total training hours by the number of employees. For further details on the total and average hours of training, please refer to the Appendix - Sustainability Performance section. The training sessions were distributed among different levels of the organisation, with 0% allocated to senior management, 51% to middle management, and 49% to general staff. This distribution highlights our efforts to cater to the specific developmental needs of employees across various positions within the Group, especially to allow employees holding lower positions more opportunities through education. Male Female Senior Management 0 0 Middle Management 1,243 30 Staff 1,026 194 Male Female Senior Management 0 0 Middle Management 27 1 Staff 5 4 Total training hours for 2023 [GRI 404-1] Average training hours for 2023 [GRI 404-1] Our goals and targets In our approach to human capital management, we strive to encourage our employees to develop a wide range of skills, qualities, and mindsets. We aim to provide an environment promoting continuous self-improvement and skill enhancement among our workforce. Additionally, we aim to align our employees' efforts with the goals of the organisation and continually seek ways to improve and grow. We will continue to strive for zero incidences of discrimination based on race and gender in upcoming years. Female Male Average training hours provided to Staff Average training hours provided to Middle management Average training hours by gender and employee category 0 5 10 15 20 25 30 4 5 1 27

RkJQdWJsaXNoZXIy NTkwNzg=