Fraser & Neave Holdings Bhd Annual Report 2021

AWARDS Enhanced focus on creating ESG value saw F&NHB emerge as a top quintile company in our very first S&P Global Corporate Sustainability Assessment (CSA), hitting 86th percentile and ranking among the top 10 companies in the beverages industry*. We were also included in the FTSE4Good Bursa Malaysia Index 2021 for the third year in a row, and made it into the newly-introduced FTSE4Good Bursa Malaysia Syariah Index. The latter reflects investments made into ensuring all our products are halal, and that our value chain is Syariah-compliant. E$orts to decrease our carbon footprint and enhance our waste management have led to several environmental awards. F&N Dairies Thailand received the prestigious Prime Minister’s Best Industry Award 2020, while in Malaysia, the Group was recognised with three awards at the Prime Minister’s Hibiscus Award 2019/2020. The Pulau Indah Plant won an Exceptional Achievement Award and the State Award for Selangor, while our plant in Shah Alam won a Notable Achievement Award. Meanwhile, our plant in Kuching won a Merit in the Medium Enterprise Category at the Sarawak Chief Minister’s Environment Award 2019/2020. It was also very heartening to be recognised for the quality of our sustainability reporting when our Sustainability Report 2019 won Silver at the National Annual Corporate Report Awards (NACRA) 2020. E$orts to connect more with our employees during the pandemic have not gone unnoticed, as F&NHB received the Silver Award under the Excellence in HR Communication Strategy in HR Excellence Awards 2020 Malaysia. ACKNOWLEDGEMENTS Our performance overall in FY2021 is indicative of organisational resilience that has been built over many years, which is the result of the contributions of various stakeholders. I want to take this opportunity to thank everyone concerned – from our customers, consumers, business partners and shareholders, to our employees and Directors – for your invaluable support. This year, we bid farewell to Dato’ Sri Johan Tazrin Bin Hamid Ngo who is leaving after the Annual General Meeting. On behalf of the Board, I would like to record our appreciation for his services and contribution as an Independent Non-Executive Director for the past nine years. We wish him the best in his future undertakings. At the same time, we welcome Dato’ Ng Wan Peng, who joined our Board on 30 July 2021. Serving as an Alternate Director to Dato’ Sri Johan Tazrin Bin Hamid Ngo, Dato’ Ng brings with her vast experience in IT and digitalisation, which will be very relevant as F&NHB navigates the Industrial Revolution 4.0. To the entire F&NHB family, I would like to express my sincere gratitude for your hard work and commitment to the Group at a time when your support was most needed. Our ability to get through perhaps the most demanding year boils down to your tenacity and resilience. As mentioned earlier, the signs are there of a better tomorrow. We can therefore expect many fresh opportunities to come our way. Let us work together to make the most of these as we continue to delight our consumers and add value to all our other stakeholders. Y.A.M. Tengku Syarif Bendahara Perlis Syed Badarudin Jamalullail Ibni Almarhum Tuanku Syed Putra Jamalullail Chairman PROFIT BEFORE TAX million RM 479.4 - 8.3 % BASIC EARNINGS PER SHARE sen 107.8 - 3.7 % DIVIDEND FOR THE YEAR per share 60 sen *2021 S&P Global Corporate Sustainability Assessment (Score date: Nov 12, 2021) 028 CHAIRMAN’S MESSAGE