The Board of Directors is pleased to present Geo Energy’s 2025 Sustainability Report, which outlines the Group’s continued e!orts to integrate sustainability into our business strategy and operations. Guided by our Annual Report theme, Solid Grounds. Steady Growth., we remain focused on strengthening the foundations that support long-term value creation for growth, while advancing our commitments across three core pillars: Environmental Stewardship, Social Responsibility and Governance Excellence. These pillars are regularly reviewed to ensure they remain relevant, aligned with our business objectives and responsive to evolving stakeholder expectations. GOVERNANCE AND OVERSIGHT The Board recognises that strong governance and e!ective oversight are fundamental to sustainable performance. We provide directions on the Group’s sustainability strategy and risk management through a robust Enterprise Risk Management (ERM) framework, enabling the identification, assessment and mitigation of material risks, including those related to climate-change. Our sustainability management team conducts regular reviews of material ESG factors a!ecting both our operations and the wider community. This ensures that our focus areas remain relevant, aligned with our strategic direction and responsive to the expectations of key stakeholders, including investors, employees, local communities, and regulatory bodies. The Board also oversees the Group’s approach to climate-related risks and opportunities. In this regard, we enhanced our qualitative climate scenario analysis to include the Triaryani (TRA) coal mine and continued its gradual transition from the Task Force on Climaterelated Financial Disclosures (TCFD) recommendations towards alignment with the IFRS S1 and S2 Standards. We have also continued to strengthen our environmental management practices, with ongoing focus on greenhouse gas emissions, waste management, water usage and biodiversity considerations. As no projects were in the post-mining stage during the reporting period, land rehabilitation or restoration activities were not undertaken. Nevertheless, the Board remains committed to responsible land management and biodiversity protection and will ensure appropriate rehabilitation measures are implemented at the relevant stages of the mining life cycle. Our people remain at the core of our operations. The Board places strong emphasis on occupational health and safety, employee well-being and community engagement. These priorities are supported by structured training programmes and regular performance monitoring to foster a safe and healthy working environment across all operations. ADOPTION OF GLOBAL REPORTING FRAMEWORKS The Board is committed to transparent, consistent and decisionuseful sustainability disclosure. This report has been prepared with reference to established frameworks, including GRI 12 (Coal Sector) and the SGX Core ESG Metrics, providing stakeholders with a balanced and comparable view of the Group’s sustainability performance. As sustainability reporting standards continue to evolve, we remain committed to progressively aligning with internationally recognised frameworks, ensuring our disclosures remain relevant and meaningful to shareholders and other stakeholders. LOOKING AHEAD Looking forward, the Board will continue to reinforce the Group’s foundations while guiding a disciplined and measured path of growth. By embedding sustainability considerations into our strategic decision-making, governance practices and risk management processes, we are confident in our ability to deliver steady, sustainable progress and long-term value for all shareholders. On behalf of the Board, I would like to express our sincere appreciation to our shareholders, management team, employees, customers, partners and communities for their continued trust and support. Together, we will continue to build on solid grounds and advance towards steady, sustainable growth. Yours sincerely, Dato’ Charles Antonny Melati Group Executive Chairman and CEO Dear Shareholders, 3
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