ESG Strategy Action Plan (4 of 5)

Priority Goals

3. Collaborating with Our Communities, Partners, and Suppliers

1. Adopt transparent and sustainable procurement practices that align with and support the Group’s ESG aspiration.

1. Conduct a supplier analysis to determine overall sustainability performance, the impact to ADNEC Group, to identify potential alternatives, and to define plans to improve sustainability across the Groups supply chain.

2. Engage suppliers to understand their capability in providing sustainable materials and their adherence to ESG practices that are material to ADNEC Group.

1. Formulate and implement sustainable procurement policy and procedures at the Group level that aligns with the Groups ESG Strategy and other related strategies and plans (e.g. Net Zero, Energy Optimisation, employee rights, OSHA etc..).

2. Communicate and advise suppliers on sustainability areas that need to be addressed as part of ADNEC’s strategy.

3. Review existing supplier contracts to ensure alignment towards sustainability policy and practices.

1. Regularly engage with suppliers to review their ESG and sustainability performance, ensuring their alignment with ADNEC’s expectations.

2. Create a risk mitigation and transition plan for low sustainability performing suppliers.

2. Collaborate with stakeholders to innovate and create new business value with mutual benefits.

1. Identify key business areas that require new and innovative solutions, or which represent key areas for efficiency and improvement.

2. Develop a ‘call for action’ to internal and external stakeholder solutions that can address the identified opportunities.

1. Roll-out enhanced internal innovation programmes (i.e. Tanfeeth Innovation Accelerator Programme) to develop solutions to targeted opportunities.

2. Roll-out and external Market Innovation programmes to obtain solutions from external stakeholders and suppliers on targeted opportunities.

3. Work with stakeholders to refine, invest, and implement these solutions.

1. Review and repeat business assessment to identify opportunities for innovation.

2. Adapt and implement the internal ‘Tanfeeth’ and the external Market Innovation programmes, and continuously monitor implementation accordingly.

3. Positively support and impact the local economy and community to address social challenges and opportunities.

1. Engage with members of the public (e.g. community members, business partners, government stakeholders etc..) and identify brand, social impact and other material issues to them.

2. Review the identified topics and align to ADNEC Group’s ESG Strategy (and others) where applicable and conduct deeper reviews of these issues the relevancy to the Group and the role it can play in addressing them..

1. Define and implement a Brand and Social Impact Enhancement plan based on the findings and feedback obtained.

2. Conduct public awareness campaigns around key topics – and how the Group is working to address these.

1. Review and repeat public engagement analysis to identify new and repetitive topics, and to determine successes and areas of further review.

2. Adapt and implement the Brand and Social Impact Enhancement plan, and continuously monitor implementation accordingly.