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SUSTAINABILITY JOURNEY HOW WE ARE GOVERNED FINANCIAL STATEMENTS ADDITIONAL INFORMATION 105

Regulatory Agencies & Statutory Bodies
The Government’s regulatory framework allows us to operate within a supportive environment and infrastructure
as well other means of support to sustain our growth

Engagement Platform
• Regular updates, disclosures and reporting to regulators
• Actively participate in regulatory forums, briefings, meetings, conferences and consultation papers

Stakeholders Expectations
• Compliance with all legal and regulatory requirements • Sufficient sugar supply for the domestic market
• Compliance with pricing structure • Compliance matters
• Good corporate governance • Environmental emissions and discharges
• Transparent reporting and disclosures • Labour practices
• Active participation and contribution to industry and • Healthy competition among business
regulatory working group • Occupational safety & health

Response to These Expectations
• Continuous updates on our systems, internal controls and • Active engagement, dialogue and briefing for continuous
processes to meet current compliance and risk requirements improvements in best practices
• Effective compliance delivery, risk management and • Enhance business framework to adapt to regulatory
governance to meet regulatory requirements requirements
• Timely and transparent disclosures and reporting to • Promote UN SDGs through our initiatives
regulatory agencies and statutory bodies • Improve governance, compliance and transparency
• Engagement on industry issues such as Approved Permit framework
(AP) issuance and sugar smuggling

Relevant Material Matters

M4 Governance M5 Macroeconomic Conditions

M7 Resource Management M9 Economic Impact

Impact to Capitals

Financial Capital Manufactured Capital Intellectual Capital Natural Capital

Human Capital Social & Relationship Capital