We engage with FELDA as a key stakeholder in FGV’s ecosystem, ensuring alignment with national agricultural policies and sustainable plantation management. FELDA’s role in land ownership and governance directly impacts our operations and long-term strategic direction. • P artner with FELDA on social and environmental initiatives to drive long-term impact. • E nhance agricultural productivity through collaborative land development projects. • D evelop targeted social responsibility programmes to support community growth. • E nvironmental risks from agricultural practices leading to regulatory scrutiny and sustainability challenges. • E conomic dependency of settlers on FGV’s operations creating financial vulnerabilities. • C omplexity in managing business and community interests affecting long-term sustainability. • Support for FELDA’s mission of uplifting settlers’ livelihoods through sustainable economic opportunities. • Consistent demand for smallholders’ produces, ensuring stable income for settlers. • Contributions to community development initiatives, including infrastructure, education, and healthcare. • Strengthened partnership with a key stakeholder, ensuring operational stability. • Enhanced reputation as a socially responsible company supporting smallholders. • Increased productivity and efficiency through collaboration on best agricultural practices. Why We Engage Key Concerns Raised Opportunities Value Created for Stakeholders Value for FGV Risks Channel & Frequency of Engagement Responses • Meetings, engagements, and dialogues • Annual General Meetings • Company events and activities such as roundtables, briefings, and gatherings AR Y Q • Uncertainty over FGV’s strategic direction and long-term business growth. • Lack of clarity on FGV’s financial performance and progress toward operational targets. • Challenges in maximising shareholder value and delivering strong returns. • Hold regular sessions to align on industry developments and regulatory priorities. • Provide reports and updates on business performance and progress. FELDA Capitals: Material Matters: SDGs: EI AC WU Stakeholder Engagement & Value Creation 42 FGV Holdings Berhad | Annual Integrated Report 2024
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