Advanced Holdings Ltd.SGX: BLZ

AHL Sustainability Report FY2025

· Issued by Advanced Holdings Ltd.


1• oovonwo

Empowering. Sustainable. Future-Driven.

CRAFTING OUR

NEM CHAPTER

SUSTAINABILITY REPORT 2025



This Sustainability Report has been reviewed by the Company's sponsor, UOB Kay Hian Private Limited (the "Sponsor").

This Sustainability Report has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "SGX-ST") and the SGX-ST assumes no responsibility for the contents of this Sustainability Report, including the correctness of any of the statements or opinions made or reports contained in this Sustainability Report.

The contact person for the Sponsor is Mr Lance Tan, Senior Vice President, at 83 Clemenceau Avenue, #10-01 UE Square, Singapore 239920, telephone (65) 6590 6881.

CONTENTS

MANAGING DIRECTOR'S MESSAGE 2

ORGANISATION PROFILE 4 REPORTING PRACTICE 5

Reporting Principles 5

Reporting Scope 5

Assurance 6

Availability & Feedback 6

THE GROUP'S SUSTAINABILITY STORY 7

Sustainability Philosophy 7

Sustainability Governance 8

STAKEHOLDER ENGAGEMENT 9 MATERIALITY ASSESSMENT 10

Contribution to Sustainability Development Goals 11

Sustainability Targets and Performance Highlights 13

FOCUS 1: GOVERNANCE AND ETHICS 15

Corporate Governance and Risk Management 15

Anti-corruption 16

Anti-competitive Behaviour 17

FOCUS 2: ECONOMIC PERFORMANCE 18

Direct Economic Value Generated and Distributed 18

Economic Performance and Financial Impacts 19

FOCUS 3: PRODUCT SAFETY AND ANIMAL FEED QUALITY 21

Product Safety and Animal Feed Quality 21

FOCUS 4: PROTECTING THE ENVIRONMENT 23

Waste Management 23

Energy Management 25

Greenhouse Gas Emissions 27

FOCUS 5: HUMAN CAPITAL 31

Occupational Health and Safety 31

Workforce Diversity and Employment 32

Employee Benefits and Development 37

FOCUS 6: CORPORATE SOCIAL RESPONSIBILITY 40

Respecting Local Communities 40

Environmental & Social Impacts of Supply Chain 41

IFRS S2 CLIMATE-RELATED DISCLOSURES 42 GRI CONTENT INDEX 49 IFRS S2 Disclosures Index 54 ‌MANAGING DIRECTOR'S MESSAGE Dear stakeholders,

On behalf of the Board of Directors (the "Board") of Advanced Holdings Ltd (the "Company" or "Advanced", and together with its subsidiaries, collectively the "Group"), we are pleased to present to you the sustainability report ("Report") for the Group, for the financial year ended 31 December 2025 ("FY2025"). In this Report, we highlight our progress and achievements that we have made over the past year and emphasise our commitment to fostering a sustainable future and advancing our long-term growth. We remain focused on enhancing our sustainability initiatives as we pursue continuous improvement and advancement.

In FY2025, the Group continued to operate in a dynamic agricultural landscape shaped by evolving government policies, shifting crop preferences, and changing market conditions. Corn remains a critical input for Indonesia's poultry feed industry, which accounts for approximately 90% of domestic animal feed consumption. While demand for corn is expected to remain strong, driven by food self-sufficiency initiatives and nutrition-focused programs under the Indonesian government, supply-side challenges have emerged. In FY2025, Advanced processed 10,190.7 metric tons ("t") of wet corn supplied to markets in Java and Sulawesi. This represents a decrease from 13,976 t in the financial year ended 31 December 2024 ("FY2024") due to the corn supply constraints.

The Group is committed to fostering sustainable practices as we expand our agricultural operations, believing that these efforts will generate positive outcomes for both our stakeholders and the environment. We actively engage with our stakeholders to ensure that our policies and practices align with their needs and expectations. Furthermore, we prioritise human rights and work to improve working conditions for our clients and employees, ensuring they are well-informed of their rights and receive adequate support.

As the Group continues to integrate sustainability into its operations, we recognise that climate change presents material risks to our business-from supply chain disruptions driven by weather-dependent agricultural cycles to rising operational and maintenance costs. In response, the Group has adopted a proactive climate risk management approach, identifying opportunities for growth, innovation, and long-term resilience. In FY2025, we advanced several key sustainability initiatives, including enhancing climate resilience across our supply chain through improved weather-monitoring and crop-yield forecasting, initiating feasibility studies on renewable energy integration, expanded the utilisation of agricultural by-products to reduce waste, and strengthened farmer support programmes focused on sustainable agricultural practices. In addition, we deepened our community engagement efforts in Sulawesi and enhanced our ESG governance and disclosures in alignment with evolving reporting standards.

The Board is involved in the review of sustainability issues in our business and strategy, determined the material sustainability factors and overseen the management in the monitoring of these factors. The Board is supported by the Task Force in the review of key sustainability issues. As we enhance our agricultural business practices, our commitment to sustainability remains steadfast. We will continue to engage with stakeholders to ensure that our policies and practices effectively reflect their interests.

We extend our gratitude to the management team, all our dedicated employees, valued partners, and stakeholders for their unwavering support in advancing our sustainability initiatives and for their significant contributions and ongoing support for our sustainability journey. We look forward to delivering even greater value to our stakeholders in the year ahead.

Yours Sincerely,

Dr Wong Kar King Managing Director

Earlier from Advanced

All Advanced news releases