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Integrated Annual Report 2023 OUR LEADERSHIP HOW TO CREATE VALUE OUR PERFORMANCE 18TH AGM DOWNLOADS More OUR LEADERSHIP Our Leadership It gives me great pleasure to present Malakoff Corporation Berhad (Malakoff or the Group)’s Integrated Annual Report 2023. For the year ended 31 December 2023, Malakoff recorded a revenue of RM9,067.0 million, a 12.4% year-on-year decrease from RM10,355.2 million in 2022, and a Loss After Tax and Minority Interests (LATMI) of RM837.2 million from RM302.2 million of PATMI in 2022. Nevertheless, given our firm commitment to shareholder value creation, the Board approved an interim dividend of 1.50 sen per ordinary share, during the second quarter results announcement in respect of the financial year ended 31 December 2023 (FY2023). This translates into approximately RM73.3 million and was subsequently paid in October 2023, reflecting our dedication to deliver value despite the challenges we faced. In addition, the Board approved a final dividend in respect of FY2023 of 1.50 sen per ordinary share, which will be paid in May 2024. Tan Sri Datuk Dr. Ir. Ahmad Tajuddin Ali Chairman Download Chairman’s Message The events that carried us through 2023 illustrated the vital role of being adaptable and agile in the face of uncertainties. Throughout 2023, our steadfast focus on responsible growth remained the cornerstone of our strategic initiatives. Aligned with our aspiration to transform into a sustainably conscious organisation, we focused on expanding our RE and environmental solutions business through continuous collaboration and partnerships. We also dedicated efforts to instilling circular economy awareness among Malaysians. As part of the Malakoff 2.0 Strategic Transformation, we established clear goals – to reach an RE capacity of 1,400 MW by 2031 and achieve 15% to 20% recycling rate by 2025 from waste collected by our subsidiary, Alam Flora Sdn Bhd. Anwar Syahrin Abdul Ajib Managing Director & Group Chief Executive Officer (MD & GCEO) Download MD & GCEO’s Statement How We Create Value Operating Landscape Stakeholder Engagement Material Matters Value Creation Model Our Strategy Key Risks and Mitigation VOLATILITY IN ENERGY COMMODITY PRICES Looking ahead, Malakoff’s commitment to diversifying its energy production portfolio, including investments in RE sources, positions the organisation to better withstand the uncertainties of the global energy market. The continued volatility in energy commodity prices underscores the importance of strategic planning, operational flexibility and the pursuit of sustainable energy solutions in navigating the complexities of the energy sector. Volatility In Energy Commodity Prices How We Create Value HOW WE CREATE VALUE Our Performance Financial Review Business Review Sustainability Review RM 10355.2 RM 9067.0 Our Performance OUR PERFORMANCE 18th Annual General Meeting Boardroom Venue The Boardroom, Level 7, Block 4, Plaza Sentral, Jalan Stesen Sentral 5, 50470 Kuala Lumpur, Malaysia. Date 25 April 2024 (Thursday) Time 10.00 A.M Add to Google Calendar Add to iCalendar 18th AGM DOWNLOADS Downloads Integrated Annual Report 2023 Overview of Malakoff From Our Leadership How We Create Value Notice of the 18th AGM Administrative Details Circular to Shareholders Proxy Form Our Performance Commitment To Strong Governance

Sharing important news and updates for you and the community Back Bowling with NRECC 27 October 2023

Sharing important news and updates for you and the community Back Malakoff Launches Management Development Programme 2018 31 October 2018 Malakoff successfully launched its Management Development Programme on 1 November 2018 at the Malakoff Academy of Excellence. The objective of the programme is to develop potential talents in the middle management level to support Malakoff’s growth in the future. The programme, involving 50 participants from the Manager and Assistant Manager levels, was launched by Dato’ Ahmad Fuaad Kenali, CEO of Malakoff. Speaking at the launch, Dato’ Fuaad said that by embarking on this programme, potential talents will be developed to enhance Malakoff's succession plan. “If the programme is executed effectively, Malakoff will have a pool of talented managers that will preserve the Company’s core values, working in a high-performance culture and therefore, will bring the Company to the next level.” The Malakoff Management Development Programme, is a 9-month intensive training that will expose the participants to the themes of managing self, managing others and managing business. In his remarks, Dato’ Fuaad reminded everyone about the 4 E’s of Leadership, a model developed by Jack Welch of General Electric and encouraged the participants to learn from it. The 4 E’s are Energy, Energise, Edge, and Execute. “You must have the energy to energise your team and have the edge by improving your knowledge and skill sets. In this way, your execution capability will vastly improve,” he added. Lastly, Dato’ Fuaad hopes that this programme will be a fulfilling journey for everyone.

Sharing important news and updates for you and the community Back MAD Charity Century Ride 2010 Makes A Difference to Five Welfare Homes 2 November 2010 The Make A Difference Charity Century Ride, organised by Malakoff Corporation Berhad (Malakoff) and its partners recently, successfully raised RM 103,700 to benefit five charity homes here. The Ride, participated by 150 cyclists, covered 360km across Selangor, Negeri Sembilan, Malacca and Johor over two consecutive days. The inaugural Ride, themed “Sports for Charity”, was co-sponsored by Algotech Sdn Bhd, Kluang Mall and Tropicana Golf & Country Resort. Participants of the race as well as the support crew also contributed directly to raise funds for the five charity homes namely, Miriam Home, Kelab Kiwanis Kluang Mandarin, PDK Sembrong, Pertubuhan Kebajikan Anak-anak Yatim Damo and Che Luan Khor Haemodialysis Centre. Speaking at the cheque presentation ceremony at the finale of the Ride, Malakoff’s Managing Director and CEO, Ahmad Jauhari Yahya said, “The inaugural ‘Make A Difference Charity Century Ride’ is a real success given the active participation of close to 150 determined cyclists, who covered an impressive 360km across four states.” “I am pleased to announce that this Ride has now been included as part of Malakoff’s flagship CSR platform - The Malakoff Community Partnerships. This event is a combination of sporting event and community relations, with an aim to foster unity and camaraderie, and at the same time contribute to deserving charity organisations,” he added. The first leg of the Ride from Tropicana Golf & Country Resort to A’Famosa, was a challenging 185km through undulating hills and winding pathways. Despite the gruelling Ride, the cyclists enjoyed the evening making new friends, enjoying local delicacies and gearing up mentally for the second half of the ride. On the following day, the final leg of 175km was a scenic feast across Melaka Tengah, Parit Sulong and Yong Peng, wrapping up finally at Kluang - the heartland of Johor. Emphasising on the real objective of the Ride, Ahmad Jauhari said, “While we enjoyed each moment of the ride, I must admit, our true joy comes from being able to make a positive impact in the lives of our fellow brothers and sisters from the charity organisations. This is the true essence of this Ride.” As the main organiser of the event, Malakoff also focussed on stringent safety measures during the entire course of the Ride. The Company collaborated extensively with the local police and municipal councils to ensure the safety and security of all the riders and support crew along the 360km stretch. Experienced marshals were also positioned along the entire route to ensure the safety of the participants. At the closing ceremony, Jack Tan, Managing Director of Algotech Sdn Bhd, a native of Kluang who was also the leader of this Ride said, “While the Ride was nerve-wrecking, we thoroughly enjoyed each moment. As the organiser of the event, Malakoff has done a fantastic job to ensure a smooth ride and we are all very happy that there was not a single untoward event during these two days.” “Above all, we feel good that through this Ride we were able to make a difference in the lives of residents from the charity homes,” added the sports aficionado, who took up cycling a couple of years ago to lead a healthier and active lifestyle. Prior to the actual cycling spree, a comprehensive Cycling Clinic was also organised to coach participants on the importance of right nutrition, correct cycling techniques and adopting safety procedures, leading up to as well as all through the Ride.

Sharing important news and updates for you and the community Back Malakoff Anjur Ceramah Perdana Maal Hijrah 1438H di Segari 8 October 2016 “Ukhuwah Islamiah Asas Penyatuan Ummah” Begitulah tema yang telah dipilih untuk Ceramah Perdana Malakoff yang diadakan di Masjid Khairul Jariah, Segari pada 9 Oktober yang lalu. Majlis ini dianjurkan bersempena sambutan Maal Hijrah 1438H dan menampilkan Ustaz Harryanto Rizal Rokman sebagai penceramah jemputan. Majlis tersebut dihadiri hampir 200 orang jemaah yang terdiri daripada masyarakat setempat dan warga kerja Malakoff. Usai solat Maghrib berjemaah, tanpa melengahkan masa, para hadirin mengambil tempat masing-masing di dalam masjid untuk mendengar ceramah beliau. Sesuai dengan tema Ceramah Perdana kali ini, Ustaz Harryanto mengimbas kembali kisah perjuangan dan hijrah Rasulullah s.a.w. dan para sahabatnya yang setia dalam menegakkan syiar Islam. Beliau menyeru para jemaah untuk menerapkan pengajaran dari kisah mereka dalam kehidupan seharian. Beliau juga menasihatkan para hadirin untuk mempertingkatkan ibadah-ibadah sunat dan berpegang kepada sunnah Rasulluh SAW di samping melaksanakan ibadah-ibadah yang wajib yang dituntut dalam Islam dalam mencari keredhaan Allah SWT. Ustaz Harryanto turut mengajak para hadirin untuk hentikan perbalahan dalam hal-hal agama dan kembali bersatu demi kesejahteraan umat Islam di Malaysia. Ustaz Abdul Razak, pengerusi Masjid Khairul Jariah mengucapkan setinggi-tinggi penghargaan kepada Malakoff atas penganjuran ceramah kali ini. “Kesungguhan Malakoff untuk menganjurkan acara sebegini bagi mengeratkan silaturrahim antara ahli kariah masjid amatlah kami hargai. Semoga Ceramah Perdana ini dapat diteruskan lagi di tahun-tahun akan datang sebagai manfaat kita bersama.” Alhamdulillah, penganjuran Ceramah Perdana kali ini berjalan lancar dan berjaya menjadi satu medan ilmu bagi masyarakat setempat.

Sharing important news and updates for you and the community Back Malakoff's Wakalah Zakat Distribution to Mukim Serkat Community 19 July 2016 PONTIAN – Malakoff distributed a total of RM224,500 Wakalah Zakat to 449 underprivileged recipients in an event for Asnaf and fakir miskin in DUN Kukup on 29 June 2016. The event was held at Mukim Serkat Council Hall, organized by Mukim Serkat’s Headman, Tuan Roslan Bokari. The recipients from Mukim Serkat were chosen by the mukim’s amils. Tanjung Bin and Tanjung Bin Energy power plants are located within Mukim Serkat community. ADUN Kukup, YB Hj Suhaimi Salleh has officiated the event. He was joined by the members of Majlis Agama Islam Johor, representatives from Malakoff Corporation Berhad, staff from Pejabat Kadi Pontian and the Mukim’s village heads. YB Hj Suhaimi also distributed donations of essential food items to the Wakalah Zakat recipients. May this contribution help ease the burden of the needy and continues the spirit of charity in the blessed month of Ramadan.

Sharing important news and updates for you and the community Back Majlis Doa Selamat Malakoff Corporation Berhad 8 April 2015 Pada 9 April 2015 telah berlangsung majlis doa selamat sempena Pelancaran Prospektus (IPO) Malakoff Corporation Berhad di Masjid Al-Bukhary, Jalan Hang Tuah, Kuala Lumpur. Majlis yang bermula pada pukul 7 malam telah dihadiri seramai 200 orang yang terdiri daripada warga kerja Malakoff dan jemaah masjid. Majlis ini dianjurkan untuk memberkati perjalanan majlis pelancaran penyenaraian Malakoff di Bursa Saham yang dijadualkan pada masa terdekat. Pengarah Urusan MMC Corporation Berhad, Dato’ Sri Che Khalib Mohamad Noh turut hadir, diikuti barisan pimpinan Malakoff, diketuai oleh Ketua Pegawai Eksekutif, Dato’ Sri Syed Faisal Albar, Ketua Pegawai Operasi, Habib Husin, Ketua Pegawai Kewangan, Ruswati Othman, Naib Presiden Kanan Bahagian Usahasama, Azhari Sulaiman dan Naib Presiden Kanan Bahagian Pengurusan Aset, Mohd Shokri Daud. Majlis dimulai dengan solat Maghrib berjemaah diimamkan oleh Imam I Masjid Al-Bukhary, Ustaz Syed Mohammad, diikuti bacaan surah Yasin, solat Isya’ dan seterusnya solat hajat, untuk memohon keberkatan ke atas upacara pelancaran prospectus Malakoff. Sebaik majlis doa Selamat selesai, para hadirin dijemput menjamu selera dengan hidangan yang disediakan di perkarangan masjid. Semoga majlis ini diberkati dan upacara pelancaran prospektus Malakoff itu akan berjalan lancar.

Sharing important news and updates for you and the community Back Malakoff and AFES Launch ‘Jom Kitar Semula’ at Mukim Serkat 22 December 2022 On 22nd December 2022, Malakoff Corporation Berhad (“Malakoff”) collaborated with its waste management solutions subsidiary, Alam Flora Environmental Solutions (“AFES”) to officially launch the ‘Jom Kitar Semula Bersama Mukim Serkat’ programme at Kompleks Penghulu Mukim Serkat in Pontian, Johor. Aimed at raising public awareness on environmental issues especially regarding the benefits of reducing, re-using and recycling of materials, the event was attended by the representative from the Pontian District Office, Encik Roslan bin Bokari, the Special Officer to the Yang Berhormat of ADUN Kukup, Encik Mohd Nazrul Hassan bin Md Min, the Plant Manager of Tanjung Bin Power Plant Encik Mohd Kopli bin Yunus, the Deputy General Manager for Business Operations at AFES Encik Azman bin Samsuri, representative from ATT Tanjung Bin Sdn Bhd, Encik Shamsul Amri bin Abu Hassan, the Village Chief of Mukim Serkat, Encik Zool Shuhaifi bin Hassin and representatives from the villages and Malakoff’s adopted schools at Mukim Serkat. As part of the initiative’s objective to further educate the younger generation on environmental awareness, the seven adopted schools will be competing against each other on the highest number of recyclables submitted by 20th January and brought to the designated recycling bins placed at Kompleks Penghulu Mukim Serkat. Once all the recyclable goods that have been deemed eligible are weighed in, the winning school will receive a special prize for their concerted efforts. The local communities at Mukim Serkat have also been invited to participate on the collection day, where the person with the heaviest eligible recyclable goods will win cash prizes sponsored by AFES. In his speech, Encik Roslan expressed his gratitude towards Malakoff and AFES for organising such an initiative as he firmly believes that with concentrated efforts and focus on the younger generation, the spirit of environmental care can be further cultivated to drive behavioural change among Malaysians towards a sustainable future for the country. With sheer determination and consistency, the younger generation of the country can certainly be moulded into a sustainable conscious generation which will be crucial in determining the future of our planet. This initiative is part of our Corporate Social Responsibility (“CSR”) Environmental Programme which focuses on raising public awareness on issues involving the environment and sustainable approach to minimise negligence that can have damaging effects on the environment. Besides being in line with the Government’s aspiration to achieve a 40% recycling rate by year 2025, this programme is also part of the Group’s commitment to Sustainable Development Goal (“SDG”) No. 12 (Responsible Consumption and Production) and SDG No.17 (Partnership for the Goals).

Sharing important news and updates for you and the community Back Malakoff ‘Run With Family & Friends’ Over 12km & 7km In Kuala Lumpur Attracts Close To 3,000 Athletes 18 December 2011 Close to 3,000 participants signed up and showed up for the Malakoff 12km & 7km Kuala Lumpur 2011 race. Coming in all ages, sizes and nationalities, they were vying for prizes worth a total of RM20,000 spread over 10 categories. The ‘Run with Family and Friends’ event, aimed at encouraging Malaysians to pursue an active lifestyle, was the last competitive race of the year in the country. Since the inaugural race in 2008, this community sporting event has continued to receive enthusiastic response from athletes of various age and physical fitness. From an initial count of 1,685 runners in 2008, the numbers of participants had steadily increased to 2,820 in 2010. Speaking at the event, Yusop Rashid, Head of Corporate Affairs and External Relations for Malakoff said, “At Malakoff Corporation Berhad, we are proud to bring you the Malakoff 12km & 7km Kuala Lumpur Run for the fourth year in a row now. This year’s race theme is ‘Run with Family & Friends’ and it is all about spending quality time with family and friends while being physically active.” “I am also pleased to inform that the Malakoff 12km & 7km Kuala Lumpur race is one of the key community-based sporting events under our flagship Corporate Social Responsibility platform - the Malakoff Community Partnerships,” he added. During the race, athletes ~ including expatriates from close to 30 countries ~ stormed through Persiaran Bukit Kiara and Jalan Beringin prior to ending back at the Bukit Kiara Equestrian & Country Resort. The 12km race was open in six categories : the Men's Open for age group of 16 years and above, Men’s Veteran for 40 to 50 years and Men’s Senior Veteran for those above 51 years, while the Women's Open is for those above 16 years, Women’s Veteran for 35 to 45 years and Senior Veteran for those above 46 years. The top five racers in each category received RM1,000 (first), RM800 (second), RM600(third), RM400 (fourth) and RM200 (fifth) in the form of product vouchers. Additionally, trophies were also awarded to the top five finishers in each category and finisher’s medals for all those that completed the race within the specified qualifying time. The 7km race came with prizes in the form of product vouchers for the top three finishers in the four categories of Men’s, Men’s Junior, Women’s and Women’s Junior. Appearing exhausted and triumphant at the same time, first time participant Fredrick Mathiu (above) from Kenya was crowned the top racer in the Men’s 12km category. Gung-ho about his first win here, the 33 year old said, “I can’t believe I came first today! There were so many participants and I know some of them have won races previously. So it’s a great feeling to be at the top.” “Now I really feel my long hours of diligent training have paid off. This win is a nice way to end the racing year for me,” added the enthusiastic winner, who started participating in races over five years ago. Noor Amelia Musa (above) from the Malaysian Police Force also appeared delighted at winning the top spot in the Women’s 12km category for the fourth consecutive time this year. True to the event theme, families and friends could be seen all around the race route cheering up to the finish line. One of the participants, Wee Hii Min came all the way from Sarawak to race with his spouse and children. Participating in the Malakoff 12km and 7km Kuala Lumpur race for the first time, the 47 year old architect Wee said, “My whole family thoroughly enjoyed the race. We also made new friends who share our passion for running. Now that we have successfully completed our race together, we are all geared up to participate in more such fun races along with family and friends.” Special thanks go out to the co-sponsors namely the Bukit Kiara Equestrian & Country Resort, Nestle Fitnesse, Powerbar, Gatorade, World of Sport, Mizuno, Perskindol, Athlete’s Circle and Quick Release Adventures. The Malakoff KL Run is a part of the Company’s Commitment to Community Sports under our CSR platform, the Malakoff Community Partnerships, which celebrates the achievement of Malakoff’s long-term and continuous commitment to being a responsible and active participant of the communities in which it operates. Thank you all participants, family & friends as well as co-sponsors for the amazing support and fun and congratulations to all Finishers! We look forward to seeing you again in our coming events. For more photos, please click on the following link: Malakoff KL Run 2011

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Sharing important news and updates for you and the community Back Bowling with MESTECC 2019 29 November 2019

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