Annual Report 2024/25 (Updated)

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AC C E SS E NG I N G E R ING PL C

AN N UAL RE PORT 2024 / 202 5

The horizon—the delicate line where earth and sky appear to meet—is a timeless symbol of possibility and pursuit. It marks the boundary of our vision, the farthest point we can see, yet it beckons us onward, reminding us that what lies beyond is always within reach. Just as the horizon shifts with every step forward, so too does progress unfold with steady resolve and unwavering vision.

This meeting of sky and land is more than a mere boundary—it is a promise of expansion and renewal, a quiet testament to the endless journey of growth. It embodies the courage to embrace the unknown, the persistence to surpass limitations, and the foresight to build for tomorrow while rooted firmly in today.

At the boundary where the known meets the unknown, the horizon stands as a symbol of hope and endless possibility—inviting us to embrace change, pursue growth, and journey toward new experiences yet to be discovered.

For years, Access Engineering has stood as Sri Lanka’s most trusted name in construction— the force behind the roads we travel, the cities we grow, and the infrastructure that sustains a nation. But we were never meant to remain only what we were. Our roots in engineering gave us more than expertise—they gave us perspective, and from that foundation, we began to grow. What started as a single focus has become a platform for transformation. Our reach now extends into areas that shape life itself—energy, mobility, health, and innovation. Yet through it all, we remain engineers at heart: solving real problems, building real solutions.

Raw materials became more than inputs , they marked the quiet beginnings of infrastructure, prompting deeper expertise in construction materials production.

Energy evolved from a utility into a responsibility, sparking a commitment to renewable energy.

Mobility transformed from simple motion into a vehicle for opportunity, leading to new ventures in automobiles.

Machines no longer represented just mechanics, but the promise of progress — and

mechanical engineering became a new frontier.

Land was reimagined as potential, not possession, shaping a renewed approach to property development through commercial office spaces and warehouses.

Living spaces grew beyond function to become expressions of lifestyle — inspiring the rise of modern condominiums.

Cancer care revealed itself as a lifeline, not an industry — leading to vital investments in

radiopharmaceuticals

The earth itself emerged as a source of sustainable innovation, not just extraction, and we saw every new endeavour as a deeper extension of our purpose.

In 2024/25, we continued to evolve, not by chasing growth, but by engineering it: always with intention, always with impact. Because for us, the horizon is limitless, it is the space where vision becomes structure.

And that’s why today at Access Engineering, we are expanding horizons, sustaining futures.

CONTENTSABOUT THIS REPORT STRATEGY AND FOCUS

08 About Access Engineering

10 Our Journey

KEY HIGHLIGHTS FOR 2024/25

14 Group Structure

16 Financial Highlights

17 Non Financial Highlights

18 Chairman’s Statement

20 Joint Statement by Exec Chairman & MD

28 Value Creation Model

30 Stakeholder Engagement

37 SWOT Analysis

38 PESTEL Analysis

42 Material Topics

48 Strategy and Resource Allocation

51 Sustainability Commitments

53 SLFRS S1 & S2 Adoption

54 Business Portfolio

57 Spread of Projects

MANAGEMENT DISCUSSION & ANALYSIS

60 Operating Environment

BUSINESS SEGMENT REVIEW

62 Civil Engineering

82 Construction Materials Production

87 Mechanical Engineering

91 Properties- Commercial Offices

95 Properties- Commercial Warehouses

101 Condominium Properties

104 Renewable energy

106 Automobile

110 Radiopharmaceutical

113 Way Forward

CAPITAL MANAGEMENT REVIEW

Chairman’s Statement

GOVERNANCE AND STEWARDSHIPFINANCIAL INFORMATION

248 Annual Report of the Board of Directors on the Affairs of the Company

1. Statement of Directors’ Responsibility

2. Directors’ Statement on Internal Control

3. Independent Auditors’ Report

1. Statement of Profit or Loss and Other Comprehensive Income

2. Statement of Financial Position

3. Statement of Changes in Equity

4. Statement of Cash Flows

1. Index to the Financial Statements

2. Notes to the Financial Statements

Financial Capital

Manufactured Capital

Intellectual Capital

Human Capital

Social and Relationship Capital

SUPPLEMENTARY INFORMATION

1. Operating Structure

2. Ten-year Summary

3. Directors of Group Companies

4. Notice of Meeting

347 Form of Proxy

IBC Corporate Information

Natural Capital

ABOUT THIS REPORT

OVERVIEW

As a leader in Sri Lanka’s engineering and infrastructure sectors, the Access Engineering PLC Group has always sought to be the benchmark for reporting excellence through the publication of its Integrated Annual Report.

The current report provides a holistic account of the Group’s strategic priorities, operational achievements, and

sustainable value creation efforts across the financial year.

Since commencing its integrated reporting journey, this is the latest consecutive integrated report published by the Group. Previous Integrated Annual Reports, including the most recent report for FY 2023/24, are available for viewing and download under the Investor Relations section of the corporate website - https://accessengsl.com/investors/

TARGET AUDIENCE

» Board Of Directors

» Corporate Management

» Investors And Shareholders

» Banks And Respective Lenders

» Employees

» Government And Regulatory Bodies

» Clients And Customers

» Suppliers And Subcontractors

» Business Partners

» Society

» Industry Peers And Competitors

GRI 2-1, 2-2, 2-3

SCOPE AND BOUNDARY

Access Engineering PLC (the Company) and its Subsidiaries (collectively referred to as the Group). These consolidated financial statements present the financial results of Access Engineering PLC and its subsidiaries. Unless otherwise specified, the non-financial information presented in this report relates solely to the operations of Access Engineering PLC. There were no material changes to the reporting boundaries during the year under review compared to the previous year.

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Access Engineering PLC | Annual Report 2024/25

ACCESS ENGINEERING PLC | ANNUAL REPORT 2021/22

2024

2022

2021

2023 2025

Reporting Boundary for the FY 2024/25 Integrated Report

VERIFIABILITY

CLARITY

EXTERNAL ENVIRONMENT | RISKS | OPPORTUNITIES | GOVERNANCE

COMPARABILITY

Construction Material Production

Mechanical Engineering

Properties -Commercial Offices

CONCISENESS

Radiopharmaceutical

Properties - Condominium Warehouses Properties

ACCURACY

Material Topics

Economic Performance | Procurement practices and customer health and safety

TIMELINESS

| Anti-corruption and anti-competitive behaviour | Labour management relations, occupational health and safety, market presence, and non-discrimination | Training and Education | Diversity and Equal Opportunities | Socio-economic compliance and indirect economic impacts | Energy

| Water | Emissions, Environment, and Biodiversity

Strategic Priorities

» Financial Resilience

» Operational Excellence

» Workforce Management

» Sustainability Integration

Capitals

CONNECTIVITY

» Financial Capital

» Manufactured Capital

» Intellectual Capital

» Human Capital

BALANCE

» Social and Relationship Capital

» Natural Capital

BUSINESS MODEL | STRATEGY AND RESOURCE ALLOCATION | PERFORMANCE | FUTURE OUTLOOK

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Annual Report 2024/25 | Access Engineering PLC

ABOUT THIS REPORT

REPORTING FRAMEWORKS

INTEGRATED REPORTING (V)

» International Framework 2021

» “A Preparer’s Guide to Integrated Corporate Reporting” issued by the Institute of Chartered Accountants of Sri Lanka

SUSTAINABILITY REPORTING (V)

» Global Reporting Initiative (GRI) standards - ‘In Accordance”, issued by Global Sustainability Standards Board

» United Nations Sustainable Development Goals

FINANCIAL REPORTING (M)

» Sri Lanka Accounting Standards issued by the Institute of Chartered Accountants of Sri Lanka

» Companies Act No. 07 of 2007

» Listing Rules of the Colombo Stock Exchange

GOVERNANCE, COMPLIANCE AND RISK REPORTING

» Code of Best Practice for Corporate Governance issued by the Institute of Chartered Accountants of Sri Lanka (V)

» Corporate Governance Requirements stipulated under the Listing Rules of the Colombo Stock Exchange (CSE) - (M)

» Securities and Exchange Commission Regulations (M)

M - Mandatory Requirements V - Voluntary Adoption

GRI 2-5

ASSURANCE

Assurance on the integrity and accuracy of this Integrated Annual Report has been obtained through a combination of internal validations and external independent reviews. Accordingly, all content presented herein has first been subject to a rigorous internal review, starting with initial approvals from the respective business unit heads followed by a thorough scrutiny by the Board Audit Committee prior to being presented for final approval by the Board of Directors.

The financial statements included in this report have been independently audited by the external Auditors

- Messrs. KPMG Chartered Accountants to ensure adherence to applicable accounting standards and statutory requirements. The independent assurance report by the External Auditor is presented on pages 257 to 261.

Further reinforcing the Group’s commitment to transparent and reliable reporting across financial and non-financial performance dimensions, independent assurance has been obtained on selected nonfinancial sustainability disclosures, This independent assurance report is on pages 244 to 245.

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Access Engineering PLC | Annual Report 2024/25

The Group accepts that this Integrated Annual Report may contain statements that could be interpreted as “forward-looking.” Such statements have been made based on information available at the time of publication and reflect the Group’s current assumptions and expectations regarding future operations, performance, and strategic direction. However, actual outcomes may differ materially due to a range of internal and external factors, including but not limited to market dynamics, regulatory developments, macroeconomic shifts, and geopolitical uncertainties.

Accordingly, readers are advised to interpret such forward-looking statements with caution and avoid placing undue reliance on them, as they are inherently subject to uncertainty and change. The AEL Group does not undertake any obligation to update or revise these statements in light of future developments or events that may occur after the publication of this report.

The Board of Directors confirms that certain prior period disclosures presented in previous Integrated Annual Reports have

been restated to reflect updated information and ensure consistency with current reporting practices. GRI 2-4

GRI 2-5, 2-14

The Board of Directors of Access Engineering PLC acknowledges its responsibility for ensuring the integrity of this Integrated Annual Report. The Board has carefully reviewed the assurance processes undertaken and is satisfied that a robust and effective control environment exists to support the completeness and reliability of the information presented.

Furthermore, the Board is of the opinion that, to the best of its knowledge and belief, this report addresses all matters material to stakeholder decision-making, in line with the Company’s value creation process.

The Annual Report of the Board of Directors on the Affairs of the Company which is on pages 248 to 255, includes an acknowledgement of the Directors’ responsibilities with regard to the Annual Report.

GRI 2-3

The AEL Group encourages stakeholders to provide feedback on this Integrated Annual Report which is seen as a valuable opportunity to improve the quality of future publications by the Group . All feedback and queries should be directed to:

Rohana Fernando Managing Director, Access Engineering PLC, 12th Floor, Access Tower, Union Place,

Colombo 02

Phone : +94 11 760 6606

Email : rohana@accessengsl.com

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Annual Report 2024/25 | Access Engineering PLC

ABOUT ACCESS ENGINEERING PLC

Since its inception, Access Engineering PLC (AEL) has played a defining role in shaping Sri Lanka’s built environment. Recognized as one of the country’s leading infrastructure developers, we have delivered a wide spectrum of high-impact projects—from roads, bridges, ports and water supply systems to urban infrastructure and commercial spaces— underpinned by deep technical expertise and a commitment to engineering excellence.

While civil engineering remains our core, this year marked a significant milestone with the formal disclosure of our diversified business portfolio. Today, AEL operates across nine integrated segments, reflecting a forward-looking strategy that balances sector leadership with sustainable growth.

Our ability to provide end-to-end, future-ready solutions stems from a combination of strong local insight, multidisciplinary collaboration, and world-class capabilities. We remain committed to delivering engineering solutions that empower communities, drives national development, and generates long-term value for all stakeholders.

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Access Engineering PLC | Annual Report 2024/25

Vision

Mission

To be the foremost Sri Lankan business enterprise in value engineering.

To meet the challenges in the development of multisector civil engineering projects, providing innovative solutions whilst developing long-term progressive relationships with all our stakeholders.

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Annual Report 2024/25 | Access Engineering PLC

OUR JOURNEY

WHERE WE STARTED

» Incorporated as a public limited liability company

» Accredited as a Major Specialist Contractor by the National Construction Association of Sri Lanka (NCASL)

» Awarded highest accreditations in various fields of civil engineering by the Institute of Construction Training and Development (ICTAD)

» Developed Quality Management System (QMS) in compliance with ISO 9001:2004

2001 2004

» Issued 180 million ordinary shares, raising LKR 4.5 Bn

» Became the first construction company in Sri Lanka to join the United Nations Global Compact (UNGC)

» Ventured into the production of construction-related materials

» Became a publicly listed company on the Colombo Stock Exchange (CSE)

» Acquired a majority stake in Sathosa Motors PLC, authorized distributor for Isuzu vehicles

2011 2012

» Opened East Africa Branch in Djibouti

» Extended operations of joint venture ZPMC Lanka into overseas ports

» Invested in real estate through Horizon Holdings and Horizon Knowledge City Limited

2015

» Invested in 50% issued share capital of Blue Star Realties (Private) Limited for the construction of 242 luxury condominium apartment units in Rajagiriya

» Access Motors (Private) Limited was appointed the sole distributor for Jaguar vehicles in Sri Lanka

2016

» Acquired 100% of WUS Logistics (Private) Limited for the construction of Sri Lanka’s largest single roof warehouse

» For the third consecutive year, AEL was selected to the category of “Ten Best Corporate Citizens in the Country” by The Ceylon Chamber of Commerce

» Commencement of Kenya T-Mall flyover by AEL East

Africa Limited, a 100% owned subsidiary of AEL

» Invested in 50% of Lanka AAC (Private) Limited, engaged in the manufacturing of autoclave aerated concrete blocks

» Initiated the first BOT project together with the UDA for the construction of a public car park in Union Place

2019 2020

» Commencement of commercial operations of Export Greenfield (EGF) logistics and warehousing facility in Ekala

» Signing of Consortium Agreement with CM Ports China & the Sri Lanka Ports Authority (SLPA) for the formation of South Asia Commercial & Logistics Hub Limited

» Winner of ‘Collaborate to Innovate Award 2023’ by The Engineer United Kingdom

» Commencement of operations of AEL Port Services, expanding Access Engineering’s footprint into the maritime and logistics sector

» Initiated groundwork for Access Medical Tracers, paving the way for entry into the radiopharmaceutical industry

2023 2024

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Access Engineering PLC | Annual Report 2024/25

» Access Realties (Private) Limited, owner and managing agent of Access Tower, became a subsidiary of AEL

» Developed Environmental Management System (EMS) in compliance with ISO 14001:2004

» Accredited by the Institution of Engineers Sri Lanka (IESL) as an institution for training engineers for professional charter

2008 2010

» Invested in Access Motors (Private) Limited, authorized distributor for Land Rover and Range Rover vehicles

» Entered into a joint venture with Shanghai Zhenhua Heavy Industries Company Limited (ZPMC) for container handling equipment maintenance

» Integrated business operations through an Enterprise Resource Planning Platform.

» Commenced construction on Access Tower II

» Acquired Access Projects (Private) Limited, specializing in interior and aluminium works

2013 2014

» Invested in Harbour Village (Private) Limited for the construction of 1088 condominium apartment units in downtown Colombo

» The newly built Access Tower II commenced commercial operations adding approximately 200,000 Sq. Ft. of A-Grade office space

» Commencement of Mannar wind power project, the largest wind power project in Sri Lanka with a capacity of 110MW

» Commencement of Central Expressway package 2; First expressway to be undertaken by local construction companies

» For the second consecutive year, AEL was selected to the category of “Ten Best Corporate Citizens in the Country” by The Ceylon Chamber of Commerce

2017 2018

» Commencement of construction of 700,000

Sq. Ft. Export Greenfield (EGF) logistics and warehousing facility in Ekala by Access Logistics Park Ekala (Private) Limited

» Commencement of East Container Terminal by Access – CHEC JV at the Port of Colombo, the second deep-water terminal developed since the Colombo International Container Terminal (CICT)

» Ranked 8th among all the listed entities by Transparency International Sri Lanka (TISL) for transparency in corporate reporting for the year 2021

2021 2022

» Expansion into renewable energy through Power Purchase Agreements (PPAs) for a combined capacity of 15.8 MW across two subsidiaries – Access Logistics (Pvt) Ltd. and Access Logistics Park Ekala (Pvt) Ltd.

» Formed a national partnership with the National Academy of Sciences Sri Lanka (NASSL) through IdeaNest to strengthen public trust in science

2025

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Annual Report 2024/25 | Access Engineering PLC

OUR JOURNEY

WHERE WE STAND

2024

April

2024

November

Commencing of the Main Terminal Building (MTB) identified scope of work in Pier 2 and Pier 3 of the Bandaranaike International Airport Development Project

Signed a landmark agreement with the Ministry of Health for a Cyclotron-based project and commenced groundwork for the establishment of Access Medical

Tracers, marking Access Engineering PLC’s strategic entry into the radiopharmaceutical sector.

» Commenced operations of AEL Port Services, a newly established subsidiary of Access Engineering PLC

» Access Logistics (Pvt) Ltd entered into a 20-year Power Purchase Agreement (PPA) with the Ceylon Electricity Board for a 6.6 MW Solar Photovoltaic (PV) installation

2024

August

Completion of design and construction of

kohuwala flyover

WHERE WE’RE HEADED

» Lead the transformation of Sri Lanka’s infrastructure with innovation and engineering excellence.

» Scale up emerging ventures including renewable energy, radiopharmaceuticals and keep evolving.

» Unlock new growth by bridging engineering with technology, sustainability, and urban development.

» Expand innovation-driven practices, strengthening our culture of internal R&D and applied engineering solutions

» Maintain strong focus on completing key national infrastructure projects on schedule and to the highest quality standards

» Deepen local impact through job creation, skills development, and domestic value chains.

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Access Engineering PLC | Annual Report 2024/25

2024

December

Signed a NDA with Dr. Nadeesha Chandrasena to collaborate on introducing the Smart Drain system to Sri Lanka, laying the foundation for pioneering urban water management solutions through innovation-led partnerships

2025

January

2025

February

2025

March

IdeaNest entered into a national partnership with the National Academy of Sciences Sri Lanka (NASSL), enhancing public trust in science and promoting research with real-world impact

Access Logistics Park Ekala (Pvt) Ltd signed a 20-year Power Purchase Agreement (PPA) with the Ceylon Electricity Board for a 9.25 MW Solar Photovoltaic (PV) installation

Substantial completion of the Shinnyo-en Lanka Preschool and Cultural Centre project at

Kirimandala Mawatha, Colombo 05

» Further strengthen ESG integration with a focus on sustainable construction, resilience, and ethical governance.

» Accelerate digital adoption across project

management, procurement, and operational workflows.

» Invest in talent and future-ready skills to build a high-performance, innovation-driven workforce.

» Foster strategic partnerships to expand regional presence and diversify revenue streams.

» Maintain financial resilience while unlocking new value through disciplined capital allocation and operational excellence.

» Position Access Engineering as a future-ready, purpose-led brand committed to building progress that lasts.

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Annual Report 2024/25 | Access Engineering PLC

GRI 2-6

GROUP STRUCTURE

Business Segment

Operating Entities

CIVIL ENGINEERING

Access Engineering PLC

Access Projects (Private) Limited Access – CHEC JV (Private) Limited

CONSTRUCTION MATERIAL PRODUCTION

Access Engineering PLC

Lanka AAC (Private) Limited

MECHANICAL ENGINEERING

Access Engineering Port Services

ZPMC Lanka Company (Private) Limited

PROPERTIES - COMMERCIAL OFFICES

Access Realties (Private) Limited Access Realties 2 (Private) Limited

ARL Elevate (Private) Limited

PROPERTIES- COMMERCIAL WAREHOUSES

Access Logistics Park Ekala (Private) Limited

Access Logistics (Private) Limited

W U S Logistics (Private) Limited

South Asia Commercial and Logistics Hub Limited

Blue Star Realties (Private) Limited

Harbor Village (Private) Limited

CONDOMINIUM PROPERTIES

Access Logistics (Private) Limited

Access Logistics Park Ekala (Private) Limited

AUTOMOBILE

Sathosa Motors PLC

Access Motors (Private) Limited

RENEWABLE ENERGY

Access Medical Tracers (Private) Limited

RADIOPHARMACEUTICAL

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Access Engineering PLC | Annual Report 2024/25

Effective Ownership Principle Activity

Markets Served

Country Of Incorporation

Parent

Construction and supply of construction related services and materials

80%

Construction and supply of construction related services and materials

Sri Lanka Sri Lanka

Sri Lanka Sri Lanka

51%

Construction

Sri Lanka

Sri Lanka

Parent

Construction and supply of construction related services and materials

Sri Lanka Sri Lanka

50%

Supply of construction related materials Sri Lanka Sri Lanka

100%

Commission, repair, and maintenance of container handling equipment

30%

Commission, repair, and maintenance of container handling equipment (in partnership with ZPMC of China)

100%

Commercial property development for lease and rental

100%

Commercial property development for lease and rental

Sri Lanka Sri Lanka

Sri Lanka and Overseas Sri Lanka Sri Lanka Sri Lanka

Sri Lanka Sri Lanka

100%

Provision of support facilities for Access Towers Sri Lanka Sri Lanka

100%

Commercial property development for lease and rental

100%

Commercial property development for lease and rental

100%

Commercial property development for lease and rental

15% Commercial property development for lease and rental

66.67%

Residential and commercial property development (In partnership with China Harbour Engineering Company Limited)

Sri Lanka Sri Lanka

Sri Lanka Sri Lanka

Sri Lanka Sri Lanka

Sri Lanka Sri Lanka

Sri Lanka Sri Lanka

60%

Residential and commercial property development Sri Lanka Sri Lanka

100%

Rooftop solar panels generating 6.6 MW of clean energy under agreement with the Ceylon Electricity Board

100%

Rooftop solar panels generating 9.2 MW of clean energy under agreement with the Ceylon Electricity Board

84.42%

Authorized distributor for ISUZU in Sri Lanka and Maldives

42.21%

Authorized distributor for Jaguar and Land Rover in Sri Lanka

Sri Lanka Sri Lanka

Sri Lanka Sri Lanka

Sri Lanka and Maldives Sri Lanka Sri Lanka Sri Lanka

60%

Production of Fluoro-Deoxy-Glucose (FDG), a critical compound used in cancer detection

Sri Lanka Sri Lanka

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Annual Report 2024/25 | Access Engineering PLC

FINANCIAL HIGHLIGHTS

FINANCIAL POSITION

SHAREHOLDER INFORMATION

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Access Engineering PLC | Annual Report 2024/25

NON-FINANCIAL HIGHLIGHTS

Human Capital

Intellectual Capital

Manufactured Capital

LKR 2,450 Mn

Remuneration and benefits to employees

(2023/24 – LKR 1,951 Mn)

87%

Employee retention rate (Staff Only) (2023/24 – 76%)

760

New hires (2023/24 – 572 )

LKR 3 Mn

Investment in training (2023/24 – LKR 1.24 Mn)

15

Standards and Certifications (Highest

Grade Achieved) (2023/24 - 9)

LKR 1.7 Mn

Expenditure on ISO certification

(2023/24 – LKR 0.8 Mn)

30

No of Production Plant Locations (2023/24 – 24)

LKR 297 Mn

Investment in Property,

Plant & Equipment (2023/24 – LKR 168 Mn)

LKR 3,496 Mn

Net Book Value of Property,

Plant & Equipment (2023/24 – LKR 3,988 Mn )

LKR 35 Mn

Expenditure on IT Software (2023/24 – LKR 44 Mn )

Social and Relationship Capital

Natural Capital

96%

% of Local Suppliers (2023/24 – 96% )

100%

Complaints resolved (2023/24 – 100% )

LKR 3.7 Mn

Investment in Donation & CSR (2023/24 – LKR 2.9 Mn)

96,455 m3

Water Consumption (2023/24 –137,141 m3)

5,240 Kg

Paper Consumption (2023/24 – 10,633 Kg)

6,665 Gj

Electricity consumption (2023/24 – 3,626 Gj)

239 Gj

Energy Intensity per employee (2023/24 – 180 Gj)

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Annual Report 2024/25 | Access Engineering PLC

CHAIRMAN’S MESSAGEOUR ABILITY TO STAND OUR GROUND, ADAPT AND THRIVE IN AN ENVIRONMENT FRAUGHT WITH OBSTACLES IS A TESTAMENT TO THE STRENGTH OF OURTEAM, THE RESILIENCE INGRAINED IN OUR CORPORATE DNA.

Sumal Perera

Chairman

As I reflect on the financial year 2024/25, it is with immense pride that I acknowledge the tenacity and perseverance demonstrated by Access Engineering PLC (AEL) in navigating the fluctuating economic landscapes of Sri Lanka the past year.

Despite the ongoing fluctuations, I am pleased to see that

Sri Lanka’s economy has continued its gradual recovery. The successful implementation of the IMF programme, conclusion of the external debt restructuring efforts and continuity of structural reforms were critical in steering the nation towards economic revival. While challenges undoubtedly remain, I

believe that the resilience and determination demonstrated by our country have laid the foundation for a more optimistic economic outlook.

However, it is somewhat disheartening to see that the construction industry still faces quite a few headwinds such as funding constraints, the ghosts of the past economic disruptions and the lingering effects of the country's debt crisis. Yet, amidst these challenges, our company stood firm, leveraging our strengths, adaptability, and unwavering commitment to excellence to not only endure but also lay the foundation for sustainable growth. Our ability to stand

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Access Engineering PLC | Annual Report 2024/25