Recent increases in global oil prices, together with ongoing fuel subsidy rationalisation, have contributed to higher domestic fuel costs for certain user groups, particularly for diesel. For Tropicana, this affects direct fuel consumption for generators, machinery and vehicles, as well as electricity costs at operating assets. More significantly, it affects project costs indirectly through contractors, where diesel usage, transport costs and the production of energy-intensive materials such as cement and steel are sensitive to fuel price movements. While we have not experienced any material disruption to operations from energy supply constraints to date, sustained increases in energy prices may affect operating costs, project budgets, contractor pricing and overall cost planning. We continue to monitor energy market and policy developments when planning project budgets and contractor arrangements. Energy Management Targets Energy consumption across our operational assets is actively managed, with ongoing efforts to improve efficiency where practicable. Our current focus is on monitoring energy performance and optimising the contribution of on-site solar generation. Performance Indicator Unit FY2025 FY2024 FY2023 Target Solar energy generated at Tropicana Golf & Country Resort GJ 4,538 4,323 4,658 Optimise solar energy contribution to support operational needs and reduce reliance on grid electricity Solar energy generated at Tropicana Aman Recreational Hub GJ 740 660 Number of operational assets with solar photovoltaic systems No. of assets 2 2 1 Expand adoption of solar energy where feasible 173
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