FGV Sustainability Report 2021

Our Sustainability Approach APPROACH AND PROCESSES During the year, we worked with an independent consultant to update our material matters following the current business landscape. In the conduct of the assessment, the following factors were taken into consideration: • Past material matters considered in preceding year • Issues highlighted by our key stakeholders in previous engagements • Significant issues discussed in Board meetings • Issues relating to global trends and Sustainable Developmental Goals (SDGs) • Identify and prioritise key stakeholders • Create an inventory of material matters that was carried out via internal questionnaire and discussion with project team • Peers benchmarking • Engage with internal and external stakeholders via questionnaire and workshop • Rank the importance of each matter to FGV and key stakeholders and its impacts • Map the material matters to the economic, environmental, social and governance pillars • Update the Materiality Matrix • Present Materiality Matrix to Senior Management and Board Sustainability Committee for review & validation Identification Validation Prioritisation 42 FGV HOLDINGS BERHAD RESPONSIBLE BUSINESS ABOUT THIS REPORT RESPECTING HUMAN RIGHTS

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