ABOUT THIS REPORT Tropicana Corporation Berhad (“Tropicana” or “Group”) is pleased to present its Integrated Annual Report 2025 (“IAR2025”) for the financial year ended 31 December 2025 (“FY2025”). IAR2025 has been developed to provide comprehensive communication of Tropicana’s strategy, governance, performance, and prospects, in line with the Integrated Reporting (“IR”) Framework, underpinned by the prescribed 6 Capitals, 7 Guiding Principles, and 8 Content Elements. The IAR2025 was produced based on the following considerations: Disclosure requirements under the Integrated Reporting framework, as well as other standards and frameworks, such as: • Main Market Listing Requirements (“MMLR”) of Bursa Securities Malaysia Berhad (“Bursa Securities”) • Malaysia Financial Reporting Standards (“MFRS”) • Bursa Malaysia Sustainability Reporting Guide, 3rd Edition 2022 • FTSE4Good Index Disclosures (FTSE Russell’s ESG Data Model) • Global Reporting Initiative 2021 (“GRI”) • Malaysian Code on Corporate Governance (“MCCG”) • Companies Act 2016 (“Act”) • ISO 9001:2015 • IFRS S1 (General Requirements for Disclosure of Sustainability- related Financial Information) • IFRS S2 (General Requirements for Climate-related Disclosures) Identified gaps in AR2024’s reporting and development of necessary data collection and content strategies to drive desired improvements in reporting. Information gleaned from the Climate Risk Assessment Workshop, as well as meetings and briefing sessions between Tropicana and the external consultant, BDO. Adopting the Integrated Reporting framework as well as initiating the IFRS S1 and S2 frameworks. Considerations on the requirements of key stakeholders, such as regulators and investors, on disclosures. Exclusions have been made for data or information that cannot be internally verified for authenticity or is incomplete or immaterial to the Group’s approach to value creation. IAR2025 has been prepared on the foundation of Integrated Thinking, which drives integrated decision-making and actions that consider the creation, preservation, and potential erosion of value across the short, medium, and long-term. Tropicana’s transition to IR offers meaningful insight into the Group’s journey towards embedding Integrated Thinking throughout the organisation, while clearly demonstrating the connections between our capitals, business model and strategies, developments within the operating environment, target setting and aspirations, as well as other pertinent factors, including our sustainability statement. BASIS OF PREPARATION & REPORTING 6 7 8 CAPITALS GUIDING PRINCIPLES CONTENT ELEMENTS 1. Strategic focus and future orientation 2. Connectivity of information 3. Reliability and completeness 4. Conciseness 5. Consistency and comparability 6. Materiality 7. Stakeholder relationships 1. Organisational overview and external environment 2. Governance 3. Business model 4. Risks and opportunities 5. Strategy and resource allocation 6. Performance 7. Outlook 8. Basis of preparation and presentation Financial Intellectual Natural Manufactured Human Social and Relationship The IR Framework is anchored on the following principles-based guidance for a more cohesive and efficient approach to corporate reporting. 02
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