Wilmar International : Summary of Progress

2023

SUMMARY

OF

PROGRESS

BIODIVERSITY AND CONSERVATION

	2022 COMMITMENTS / TARGETS		2023 PROGRESS			CURRENT COMMITMENTS / TARGETS
• NO DEFORESTATION		• ZERO DEFORESTATION in HCS forests and		• Uphold our commitment to NO DEFORESTATION
» No development in high carbon stock (HCS)		HCV areas		including:
	forests and high conservation value (HCV) areas		• ZERO NEW DEVELOPMENT on peatland in		»	no development in HCS forests and HCV areas
» No burning in the preparation of new planting			»	adhering to our strict no burn policy
	and re-planting of any other development		Wilmar's landbank
• NO NEW DEVELOPMENT ON PEATLAND,				• Uphold commitment to NO NEW DEVELOPMENT
regardless of depth				ON PEATLAND, regardless of depth (ongoing)
• MAINTAIN BEST MANAGEMENT PRACTICES for				• Uphold BEST MANAGEMENT PRACTICES for
existing plantations on peat				existing plantations on peat (ongoing)
• SAFEGUARD BIODIVERSITY in Wilmar's		• 31,799 HA1 of HCV areas and HCS forests		• Uphold commitment to SAFEGUARDING
operational areas		set aside as conservation areas in our oil palm		BIODIVERSITY in Wilmar's operational areas
			plantations in Indonesia, Malaysia, Ghana and		(ongoing)
			Nigeria (10.4% of our total landbank)		• RESTORE, REHABILITATE AND MAINTAIN 1,000
			• 835 HA of additional conservation areas in our
				ha of riparian zones by 2050
			sugarcane plantations and mills in Australia and		• IMPLEMENT CONSERVATION AND
			India
			• REGULAR MONITORING of conservation		BIODIVERSITY INITIATIVES in 3,000 ha outside of
				Wilmar's concessions by 2050
			areas and ZERO DEFORESTATION in Wilmar's
			operational areas

1 The total conservation area has decreased slightly from 32,544 ha in 2022 due to operational boundary changes.

Summary of Progress 2023 | Wilmar International Limited

1

BIODIVERSITY AND CONSERVATION (continuation)

2022 COMMITMENTS / TARGETS

• PROTECT RARE, THREATENED AND ENDANGERED (RTE) SPECIES of wildlife to ensure the long-termviability of the species:
• • Increase the siamang (Symphalangus syndactylus) population in PT Kencana Sawit Indonesia (KSI) to 30 by 2050
  • Maintain proboscis monkey (Nasalis larvatus) population in Sabahmas Plantation in Malaysia, by 2050
• PUBLISH BEST MANAGEMENT PRACTICES (BMPs) GUIDELINES on conservation for Indonesia, Malaysia and West Africa by 2024 (ongoing)
• PUBLISH EDUCATIONAL SERIES AND MATERIALS to promote biodiversity conservation in the plantation landscape by 2030 (ongoing)

2023 PROGRESS

• PROTECT RTE SPECIES of wildlife in Wilmar's operational areas through conservation monitoring, awareness raising programmes and stakeholder engagement
• As of December 2023, 22 siamangs have been reintroduced into the wild through the gibbon rehabilitation and reintroduction programme and are protected in PT KSI
• 25 proboscis monkeys are monitored and protected in Sabahmas Plantation in Malaysia
• Published:
• • BMPs MANUAL FOR GROWERS ON FOREST CONSERVATION AND COMMUNITY COLLABORATION in Bahasa Indonesia andEnglish
  • A PRACTICAL GUIDANCE TO CONSERVATION AREA MONITORING inBahasa Melayu andBahasa Indonesia
  • Bukit Durang: Hidden Jewel of Ulu Suai, Sarawak
  • Newsletter series on conservation efforts in Wilmar's operational areas in Malaysia - volumes5 and 6
  • Guidance on Development of Recovery Plans

CURRENT COMMITMENTS / TARGETS

• PRESERVE RTE SPECIES OF WILDLIFE to ensure their long-termviability (ongoing)

• Publish BMPs GUIDELINE ON CONSERVATION FOR WEST AFRICA by 2024 (in progress)
• Continue to PUBLISH EDUCATIONAL SERIES
  AND MATERIALS TO PROMOTE BIODIVERSITY CONSERVATION in the plantation landscape (ongoing)
• ENGAGE 10,000 EXTERNAL STAKEHOLDERS AND LOCAL COMMUNITIES on BMPs to raise awareness of and promote conservation by 2050
• CONDUCT ENVIRONMENTAL EDUCATION AND AWARENESS PROGRAMMES for 10,000 students by 2030

Summary of Progress 2023 | Wilmar International Limited

2

CLIMATE CHANGE

2022 COMMITMENTS / TARGETS

• DEVELOP COMPREHENSIVE TARGETS consistent with a 1.5-degreeCelsius pathway and aligned with the Science Based Target initiative (SBTi). These targets will also be linked to our energy and water efficiency programmes
• Ensure ALL SUPPLIERS' PALM OIL VOLUMES
  ARE IN THE "DELIVERING" CATEGORY OF THE NDPE IMPLEMENTATION REPORTING FRAMEWORK (NDPE IRF) by 2025 and the progress is reported annually
• REDUCE OUR GHG EMISSIONS INTENSITY BY 15.0% for all our palm oil mills in Indonesia, Malaysia, Ghana and Nigeria, regardless of Roundtable on Sustainable Palm Oil (RSPO) certification status by 2023, against a 2016 baseline of 0.82 tCO2e PER MT CPO

2023 PROGRESS

• COMPLETED THE MAPPING OF THE GROUP'S SCOPE 1 AND 2 GHG EMISSIONS for the new baseline year of 2022
• • Identified the top five geographies that contribute to our GHG emissions and are establishing an implementation roadmap which will outline our progress and the initiatives we will implement to meet our targets
• IDENTIFIED THE KEY CATEGORIES IN OUR SCOPE 3 GHG EMISSIONS for inclusion in our target submission to the SBTi
• Our progress on supply chain performance is detailed in the section onResponsible Sourcing and Supply Chain Transformation in the Sustainability Report 2023 and the Palm
  NDPE Implementation Annual Report 2023
• REDUCED OUR GHG EMISSIONS INTENSITY BY 17.3% for our palm oil mills

CURRENT COMMITMENTS / TARGETS

• Uphold our SBTi commitment to develop OUR
  TARGETS IN LINE WITH A 1.5-DEGREE CELSIUS PATHWAY. These targets will be linked to our energy and water efficiency programmes (ongoing)
• By 2025, ALL PALM OIL VOLUMES ARE FROM
  SUPPLIERS UNDER THE "DELIVERING'' CATEGORY OF THE NDPE IRF (ongoing)
• MAP THE GROUP'S SCOPE 3 GHG EMISSIONS to form a complete inventory of our total GHG emissions for the new baseline year of 2022

Summary of Progress 2023 | Wilmar International Limited

3

ENVIRONMENTAL FOOTPRINT OF OPERATIONS

2022 COMMITMENTS / TARGETS

• REDUCE WATER CONSUMPTION INTENSITY (m³/MT FFB processed) for palm oil mills from a
  2016 baseline with the following targets by 2023:
• • Indonesia: 1.20 m³/MT FFB
  • Malaysia, Ghana and Nigeria: 1.30 m³/MT FFB
• REDUCE ENERGY INTENSITY across our Australia and New Zealand sugar refinery operations from a
  2020 baseline by 20% by 2030
• INCREASE INSTALLED CAPACITY OF PHOTOVOLTAIC (PV) POWER PLANTS across China factories to 200 MWp by 2030
• ACHIEVE 100% RENEWABLE ELECTRICITY across Goodman Fielder's operations by 2025
• HALVE FOOD WASTE in Goodman Fielder's operations by 2030

2023 PROGRESS

• Water consumption intensity targets achieved in:
• • Indonesia:
  • • Sumatra : 0.91 m3/MT FFB#
    • Central Kalimantan: 1.04 m3/MT FFB#
    • West Kalimantan: 1.13 m3/MT FFB#
  • Nigeria: 1.13 m3/MT FFB#
• ACHIEVED 2.9% REDUCTION IN ENERGY INTENSITY from 2020 baseline for our Australia and New Zealand sugar refinery operations through the installation of more energy-efficient
  Mechanical Vapor Recompression evaporator systems
• INCREASED THE TOTAL INSTALLED POWER CAPACITY OF PV POWER PLANTS IN CHINA to 81.0 MWp as of 2023
• GOODMAN FIELDER HAS MAINTAINED 100% RELIANCE ON RENEWABLE ELECTRICITY across its operations in New Zealand through the purchase of renewable energy certificates (RECs) since January 2021 and achieved a similar feat through the purchase of RECs across its Australian operations between July 2021 and December 2023
• COMPLETED OUR SECOND YEAR OF REPORTING under our commitment to the Australian Food Pact which brings together organisations to tackle food waste across the food supply chain
• COMPLETED MAPPING OUR FOOD WASTE FOR BASELINE YEAR 2022 across New Zealand and Fiji which will be used to identify and develop action plans to deliver on our 2030 target

CURRENT COMMITMENTS / TARGETS

• ACHIEVE 3% REDUCTION IN WATER USE INTENSITY for palm oil mills from a 2022 baseline by 2028
• ACHIEVE 20% REDUCTION IN ENERGY INTENSITY across our Australia and New Zealand sugar refinery operations by 2030 from a 2020 baseline (ongoing)
• CONTINUE TO EXPAND THE INSTALLED CAPACITY OF PV POWER PLANTS in our China factories, with the goal of achieving 200 MWp by 2030 (ongoing)
• ACHIEVE 100% RENEWABLE ELECTRICITY across Goodman Fielder's operations by 2025 (ongoing)
• CONTINUE TO PURSUE EFFORTS TO HALVE FOOD WASTE in Goodman Fielder's operations by 2030 (ongoing)

• Limited assurance procedures have been performed by EY.

Summary of Progress 2023 | Wilmar International Limited

4

SUSTAINABLE PACKAGING

2022 COMMITMENTS / TARGETS

2023 PROGRESS

CURRENT COMMITMENTS / TARGETS

• Through its "Sustainable Packaging 2025 Plan", Yihai Kerry Arawana (YKA) targets to REDUCE
  THE USE OF PACKAGING MATERIALS BY 15,000 MT from a 2020 baseline
• 100% OF GOODMAN FIELDER'S PACKAGING MATERIALS TO BE SUSTAINABLE. In the interim, we target 100% of packaging to be reusable, recyclable or compostable by 2025 through:
• • Phasing out problematic and unnecessary single-use plastic packaging
  • Meeting the standards set out in the Packaging Recyclability Evaluation Portal, the Australasian Recyclability Label, or similar programmes

• As of December 2023, YKA reduced its packaging waste by 11,447 MT, reaching 76.3% of its target
• 82.2% and 9.4% of packaging in Fiji is recyclable and reusable respectively. In New Zealand, 97.3% of packaging is recyclable while 75.1%2 of packaging in Australia is recyclable or reusable

• STRIVE TO REDUCE THE USAGE OF PACKAGING MATERIALS BY 15,000 MT compared to the 2020 baseline through YKA's "Sustainable Packaging 2025 Plan"(ongoing)
• CONTINUE TO PURSUE GOODMAN FIELDER'S TARGET OF 100% SUSTAINABLE PACKAGING MATERIALS BY 2030 (ongoing)

TALENT MANAGEMENT

2022 COMMITMENTS / TARGETS	2023 PROGRESS	CURRENT COMMITMENTS / TARGETS

• Continue to DELIVER CONTENT AND MANAGE OUR TRAINING NEEDS on Litmos, a learning management system

• Invested over US$5.5 MILLION in employee training and development
• 14.8 HOURS of training attended on average per employee

• CONTINUE DELIVERY OF CONTENT AND TRAINING MATERIALS on Litmos (ongoing)

2 This figure has decreased significantly since the discontinuation of the REDcycle soft plastics recycling programme in Australia. Consequently, there is at present no commercially viable method for recycling soft plastics in Australia, resulting in all soft plastics being categorised as non-recyclable.

Summary of Progress 2023 | Wilmar International Limited

5

HUMAN RIGHTS AND LABOUR STANDARDS

2022 COMMITMENTS / TARGETS

• Ensure all employees and contractors are paid
  AT LEAST THE APPLICABLE LOCAL MINIMUM WAGE in line with legal regulations and LOCAL LIVING WAGES, where available
• PROTECT AND SAFEGUARD THE RIGHTS OF CHILDREN throughout our operations by supporting children's education and having zero tolerance for child labour or exploitation

2023 PROGRESS

• ASSESSED 100% OF OUR EMPLOYEES AND CONTRACTORS to ensure that they are paid a living wage
• BUILT SCHOOLS AND CRÈCHES in all our oil palm plantations
• In 2023, we supported 12,039 children of compulsory school-going age in their education, equivalent to 85.9% of children living in our plantations

CURRENT COMMITMENTS / TARGETS

• COMMITTED TO ENSURE ALL EMPLOYEES AND CONTRACTORS RECEIVE WAGES THAT MEET OR EXCEED THE LOCAL MINIMUM WAGE STANDARDS and where applicable, the local minimum wage, in adherence with legal regulations (ongoing)
• UPHOLD CHILDREN'S RIGHTS across our operations by promoting and advocating for education and having zero tolerance for child labour or exploitation (ongoing)

Summary of Progress 2023 | Wilmar International Limited

6

DIVERSITY AND INCLUSION

2022 COMMITMENTS / TARGETS

• MAINTAIN A DIVERSE AND INCLUSIVE WORKPLACE in accordance with our:
• • Equal Opportunity Policy
  • Women's Charter
  • Human Rights Policy
  • Human Rights Framework
  • Sexual Harassment, Violence and Abuse, and Reproductive Rights Policy
• Board Diversity Policy with quantitative gender diversity targets of increasing female representation on the Board to 25% by 2025 and 30% by 2030

2023 PROGRESS

• 27.5% of management positions are HELD BY WOMEN; female employees account for 23.7% of our global headcount
• 100% of our oil palm plantations in Indonesia, Malaysia, Ghana and Nigeria have
  WOMEN'S WORKING GROUPS OR GENDER COMMITTEES
• 104 EMPLOYEES WITH DISABILITIES across our global operations, which represents 0.09% of our total workforce
• Appointed an additional female Director to the Board and as at 31 December 2023, 23.1% of our Directors, excluding an Alternate Director, were female

CURRENT COMMITMENTS / TARGETS

• UPHOLD DIVERSITY AND INCLUSIVITY IN OUR WORKPLACE through close adherence to policies such as:
• • Equal Opportunity Policy
  • Women's Charter
  • Human Rights Policy
  • Human Rights Framework
  • Sexual Harassment, Violence and Abuse, and Reproductive Rights Policy
• CONTINUE IMPLEMENTATION OF THE BOARD DIVERSITY POLICY to meet the quantitative gender diversity targets of increasing female representation on the Board to 25% by 2025 and 30% by 2030 (ongoing)

Summary of Progress 2023 | Wilmar International Limited

7

EMPLOYEE HEALTH, SAFETY AND WELL-BEING

2022 COMMITMENTS / TARGETS

• REDUCE LOST TIME INJURY RATE (LTIR) BY 40% by 2025 from 2020 baseline
• ZERO CASES of work-related fatalities
• INCREASE REPORTING RATE OF HAZARDS AND NEAR MISSES BY 40% by 2025 from 2020 baseline. To achieve CLOSURE RATE OF >90% for these hazards and near misses disclosed
• Achieve >95% COMPLIANCE TO WILMAR HIGH RISK WORK (HRW) STANDARDS by 2025. This is to develop a risk management culture where risks are consistently identified and mitigated
• >95% INCREASE IN THE NUMBER OF EMPLOYEES TRAINED ON HRW STANDARDS by 2025 from 2021 baseline3. This is to enhance the environment, health and safety (EHS) awareness and competencies of our workforce

2023 PROGRESS

• 44.7% reduction in LTIR, from 0.91 in 2020 to
  0.50 in 2023
• Six# fatalities involving three# employees and three# contractors. Please refer to page 116 of the Sustainability Report 2023 for details
• 128,626 cases of near misses and hazards were reported in 2023, representing more than 100% increase from 2020. 97.2% closure rate achieved for these cases
• 85.2% score achieved on the HRW gap assessment, as part of the HRW campaign launched in 2023
• Achieved 4,957 active users on the Learning Management System for Safety and Health, an increase of 122.7% from 2,226 users in 2021

CURRENT COMMITMENTS / TARGETS

• Maintain to REDUCE LTIR BY 40% by 2025 from 2020 baseline (ongoing)
• Commitment to ZERO CASES OF WORK- RELATED FATALITIES (ongoing)
• ENHANCE THE REPORTING RATE OF HAZARDS AND NEAR MISSES BY 40% by 2025 from 2020 baseline and aim for a CLOSURE RATE OF >90% for disclosed hazards and near misses (ongoing)
• Attain >95% COMPLIANCE WITH WILMAR HRW STANDARDS by 2025 (ongoing)

• Limited assurance procedures have been performed by EY.

3 The baseline year has been updated to 2021 as that was the year the LMS was rolled out globally.

Summary of Progress 2023 | Wilmar International Limited

8

ECONOMIC AND COMMUNITY CONTRIBUTION

2022 COMMITMENTS / TARGETS

• CONTINUE CONTRIBUTING TO COMMUNITY AND INVESTMENT PHILANTHROPIC ACTIVITIES that support education, health, well-beingand community welfare initiatives

2023 PROGRESS

• OVER US$23.4 MILLION contributed to community investment and philanthropic activities

CURRENT COMMITMENTS / TARGETS

• MAINTAIN OUR CONTRIBUTIONS TO PHILANTHROPIC ENDEAVOURS supporting education, health, well-beingand community welfare initiatives (ongoing)

INNOVATION AND TECHNOLOGY

2022 COMMITMENTS / TARGETS	2023 PROGRESS	CURRENT COMMITMENTS / TARGETS

• YKA's R&D Centre PLEDGED OVER RMB100.0 MILLION (approximately US$14.0 million) to support scientific research and development by
  2030

• In China, we undertake over 60 R&D projects every year

• YKA's R&D Centre HAS COMMITTED OVER RMB 100.0 MILLION (approximately US$14.0 MILLION) to support scientific research and development by
  2030 (ongoing)

Summary of Progress 2023 | Wilmar International Limited

9