Boustead Plantations Berhad | Integrated Report 2023

performance REVIEW key focus 2024 PLANTATION PERFORMANCE IMPROVEMENT PROGRAMME 2.0 (PPIP 2.0) PLANTATION MANAGEMENT GROWTH AREA - PALM OIL MILL INTEGRATION DIGITAL AND TECHNOLOGY ENVIRONMENTAL, SOCIAL AND GOVERNANCE • Continuous implementation of PPIP 2.0 • Implementation of good agricultural practices as envisaged by BPlant • Support new initiatives and innovation • Execution of a systematic long-term replanting programme for crop sustainability • Continuation of the phased installation of new-generation EFB Presses • Implementation of additional land irrigation systems for palm oil mills to enhance sustainability and efficiency of estate operations • Focusing on the renewable energy and waste-to-wealth initiatives such as biogas plant • Implementation of a secondary oil system to improve CPO production • Data Extraction and Exploration for Plantation • Digital Office Environment System • Research and Development • Capitalisation of Drone Technology • Infrastructure for Digital Communication • Continuous development programme to increase awareness on the importance of ESG • Our commitment to further strengthen our sustainability function and strategies in line with ESG principles • Integrate ESG requirements and guidelines in all tendering activities PPIP 2.0 Centre of Excellence at Sungai Jernih Business Unit Waste to Wealth/Renewable Energy Digital Projects ESG Boustead Plantations Berhad 070

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