Fraser & Neave Holdings Bhd Sustainability Report 2021

Supporting COVID-19 Relief F&N continues to extend our support towards frontliners and vulnerable communities. To date, over two million products have been distributed directly or through non- governmental organisations/communit y groups to beneficiaries nationwide. In Thailand, we have donated medical equipment and our products to hospitals for the frontliners and patients. F&N products were also o*ered to the 20,000 hawkers’ community members for encouragement during this di+cult period. In supporting the Nation’s COVID-19 Immunisation Programme, we helped raise public awareness on the importance of maintaining hydration levels during vaccination periods through the #HidratkanDiriSihatkanBadan campaign. Over 1 million products have been distributed to vaccine recipients & frontliners through the campaign. Read more about how we support COVID-19 recovery in our Annual Report 2021 on pages 040 to 041. THE YEAR IN REVIEW 2021 remained extremely challenging operationally due to the ongoing COVID-19 pandemic. Despite that, we continued to build on the success of our previous e*orts while implementing new initiatives in pursuing sustainability excellence amidst new challenges. Human Rights Risk Assessment We believe full-heartedly in treating all our stakeholders with dignity, respect, equality and consideration for their human rights. To promote the rights of all stakeholder groups, F&N has conducted a Human Rights Due Diligence and Risk Assessment for all business operations for the first time this year. Following this, we have developed a Human Rights Policy and a due diligence manual. Consumer-centric Innovation In the past year, we have introduced 13 new products to o*er more options in di*erent product categories, healthier options without compromising taste, and convenience through di*erentiation in packaging to cater to consumers’ evolving needs. Among the new healthier additions are F&N Sparkling range, est Cola Brown Sugar, F&N Bandung, BEAR BRAND Gold Acerola Cherry Milk and the reformulated F&N Magnolia Choc Malt with 50% less sucrose. From 47 last year, we now have 69 products endorsed with the Healthier Choice logo. We further a+rmed our commitment to promoting healthy lives and lifestyles with F&N Group’s new Nutrition Guidelines, based on the World Health Organisation (WHO)’s recommendations. With that, we commit to having all our products free from trans-fatty acids, and >70% of our products should contain less than 5% added sugar. Propelling Halal Ecosystem As a leading manufacturer of Halal products, ensuring Halal compliance and maintaining Halal integrity is vital throughout the supply chain for F&N. To further propel the Halal ecosystem in Malaysia, we continue to engage with Halal authorities, public and private stakeholders to maintain high Halal standards. F&NHB is also actively involved in uplifting the Halal capability of the supply chains and business ecosystems in Malaysia through knowledge sharing forums such as the Securities Commission-Halal Development Corporation Berhad (HDC) Forum 2021, and the 17 th Malaysia International Halal Showcase (MIHAS) organised by MATRADE. Through the Halal Sourcing Partnership Programme, we partner with HDC to build the capacity of small and medium enterprises (SMEs) and elevate their capability to be qualified as Halal vendors for multi-national companies. We are pleased to share that through the programme, we have successfully onboarded two companies as our suppliers and are in the midst of developing three more. 011 Fraser & Neave Holdings Bhd ! Sustainability Report 2021 Sustainabilty at F&N