GOVERNANCE Focus 5: Upholding Governance and Ethics In response to the changing laws and compliance requirements, the Group has developed robust corporate governance practices that allow it to effectively navigate the complex regulatory landscapes in the countries where it operates. The Company’s Board plays a crucial role in overseeing the Company’s sustainability initiatives, fostering a strong culture of compliance, and addressing key ESG issues pertinent to the industry. Awards and Accreditations GRI 2-28 As a testament to its commitment to corporate governance and transparency, the Group has been awarded the following accolades: • Ranked No. 29 in the Straits Times / Statista Singapore’s Fastest Growing Companies 2025 list, which includes 100 local businesses that achieved a high percentage growth in revenues between 2020 and 20232. Rex is one of only five SGX-listed companies to make the list3. • Ranked No. 564 among 477 listed companies in the Singapore Governance and Transparency Index (“SGTI”) in 2024 with a total score of 69.35 in the general category. The Company continued to be the highest ranked among Singapore- listed oil & gas E&P companies for the ninth consecutive year. The Group is also a proud member of the Singapore Business Federation and SGX ListCos. Aligning Our Strategic Focus to the United Nations Sustainable Development Goals The Group is committed to advancing the UN SDGs through its daily operations, strategic initiatives, and engagement with stakeholders. The pursuit of the UN SDGs is a continuous effort that reflects the Group's long-term dedication to sustainability. The following table details the Group's specific contributions to furthering the relevant UN SDGs. 2 The Straits Times, Singapore's fastest-growing companies 2025, 21 January 2025 3 The Business Times, Only these 5 SGX-listed companies made it to a list of 100 fastest growing firms in Singapore, 12 February 2025 4 The Business Times, SATS tops governance and transparency index; Singapore listcos’ scores dip after methodology change, 1 August 2024 5 Singapore Institute of Directors, Singapore Governance & Transparency (SGTI): How scoring for the Singapore governance index is done, 2 August 2024 Annual Report 2024 6 8
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