Tropicana Corporation Berhad Annual Report 2025

Tropicana Corporation Berhad’s strength lies in its people—from leadership to associates—guided by its vision, “OneTropicana: Connecting Communities, Forging Futures.” This shared vision fosters a culture of collaboration, unity, and purpose, driving the organisation to THRIVE together towards common goals. This people-centric approach is supported by strong leadership, strategic direction, and the extensive experience of senior management, alongside the effective execution of roles by all associates. Complemented by robust governance practices, structured internal controls, and a comprehensive understanding of PESTLE factors, the Group is well-positioned to navigate market dynamics and maintain its competitive edge across its key markets. These strengths are further reinforced through the synergy of the Group’s core business segments—Property Development, Property Investment, and Recreation, Resort & Hospitality—which collectively contribute to a resilient and diversified business model. OUR BUSINESS STRENGTHS 1. Diversified Business Segments Tropicana has established a strong presence in Malaysia and expanded into interrelated industries. Leveraging its market expertise and credibility, the Group continues to unlock synergies across its core segments, enhancing operational efficiency and value creation. 2. Strategic Landbank With a landbank of approximately 1,349.7 acres and more than 11 ongoing developments, the Group is well-positioned as a master planner of integrated townships, enabling the delivery of sustainable and holistic communities. 3. Established Brand & Proven Track Record As a pioneer in resort-style developments, Tropicana has built strong brand equity over more than 46 years, earning the trust and confidence of stakeholders. This established reputation also supports the Group’s pricing strength and market positioning. 4. Quality & Product Delivery Tropicana maintains a good track record of quality excellence, supported by strong QLASSIC scores, GreenRE certifications, and positive customer experiences. A clear and structured approach across the value chain ensures high standards at every stage of development. 5. Good Marketplace Practices & Corporate Governance The Group upholds strong corporate governance through structured internal processes, oversight mechanisms, and integrated risk management practices. Continuous engagement between the Board, management, and operational teams ensures timely and strategic responses to emerging risks and opportunities. 6. ESG Tropicana continues to embed ESG principles into its business approach, recognising ESG as a key enabler of long-term value creation. With a strong 4-star ESG rating from Bursa Malaysia, the Group drives sustainable practices that enhance operational efficiency, strengthen resilience, and support sustainable growth. AR 2025 | MANAGEMENT DISCUSSION & ANALYSIS 82

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