FGV Sustainability Report 2021

Responsible Business FGV remains fully committed to our sustainability and human rights agenda and has placed priority and an intense focus to securing the lifting of the RSPO certification suspension following RSPO Complaints Panel’s (CP) directives of November 2018 and January 2020 which resuspended the RSPO certification for our Serting Complex and suspending ongoing RSPO certification processes. Specifically, FGV has implemented the CP’s directives and verification audits involving six of FGV’s complexes were conducted between January and April 2021 by an independent auditor appointed by the RSPO. FGV was made to understand by the RSPO Secretariat that the outcome and findings of the verification audit were deliberated by the CP in August 2021 and FGV has since been following up regularly with the RSPO Secretariat while awaiting the decision by the CP on the RSPO certification suspension. However, at the time of writing, FGV has yet to receive any feedback or response from the CP. While FGV understands that these matters need to be considered and deliberated thoroughly by the CP, we believe that the process is taking much longer than necessary. FGV is committed to obtaining RSPO certification for all its complexes to demonstrate compliance with the RSPO Principles and Criteria (P&C). However, FGV is forced to put on hold efforts to achieve certification for remaining uncertified complexes until and unless a decision is made by the CP on the matter. Our inability to provide a clear response to our stakeholders on the matter due to the delay by the CP puts FGV in a very difficult position, not to mention the significant negative impact this is having on the company from a reputational and commercial standpoint particularly on loss of business opportunities. FGV is forced to put on hold efforts to achieve certification for remaining uncertified complexes until and unless a decision is made by the CP on the matter. Our inability to provide a clear response to our stakeholders on the matter due to the delay by the CP puts FGV in a very difficult position, not to mention the significant negative impact this is having on the company from a reputational and commercial standpoint particularly on loss of business opportunities. 66 FGV HOLDINGS BERHAD RESPONSIBLE BUSINESS ABOUT THIS REPORT RESPECTING HUMAN RIGHTS

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