SUSTAINABILITY REPORT 2022

Together We Can Achieve Extraordinary Things

VERSALINK HOLDINGS LIMITED

(201411394N)

VERSALINK HOLDINGS LIMITED (201411394N)

This sustainability report has been prepared by the Company and its contents have been reviewed by the Company's sponsor, ZICO Capital Pte. Ltd. (the "Sponsor"), in accordance with Rule 226(2)(b) of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist (the "Catalist Rules").

This sustainability report has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this sustainability report, including the correctness of any of the statements or opinions made, or reports contained in this sustainability report.

The contact person for the Sponsor is Ms. Goh Mei Xian, Director, ZICO Capital Pte. Ltd. at 77 Robinson Road #06-03 Robinson 77, Singapore 068896, telephone (65) 6636 4201.

INSIDE THIS REPORT

3 About This Report

5 ESG Performance Highlights

9 Our Approach To Sustainability

  1. ESG Goals and Targets
  2. Stakeholders Engagement
  3. Vision, Mission and Core Values
  4. People

16 Environment

  1. Economic Performance
  2. GRI Content Index

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SUSTAINABILITY REPORT 2022

ABOUT

THIS REPORT

Reporting Framework

This report has been prepared in accordance with the Global Reporting Initiative (GRI) standards: Core option as the GRI framework is an established international sustainability reporting standard. This report complies with Rules 711A and 711B of the Catalist Rules, as well as Practice Note 7F of the Catalist Rules on Sustainability Reporting Guide.

Reporting Process

We have used the GRI Standards (GRI 101: Foundation and GRI 102: General Disclosures) to identify the material economic, environmental and social impacts for Versalink Holdings Limited (the "Company" or "Versalink", and together with its subsidiaries, the "Group") . Using the topic-specific GRI Standards, we have selected the most relevant disclosures for this report.

Report Content and Quality

This report covers the reporting period for a 12-month period from 1 March 2021 to 28 February 2022 ("FY2022"). We have determined the content of this report by applying GRI's principles of stakeholder inclusiveness, sustainability context, materiality, and completeness. The content of this report has been prepared using GRI's principles of accuracy, balance, clarity, comparability, reliability and timeliness to help stakeholders assess our sustainability performance.

The environmental, social and governance ("ESG") data provided in this report covers our offices and manufacturing facilities in Malaysia. The majority of data is collected from primary sources.

"We have relied on internal verification to ensure the accuracy of data"

Restatements

There is no restatement.

Assurance

We have not obtained external assurance for this sustainability report. We have relied on internal verification to ensure the accuracy of data.

Availability

This report, published independently from our Annual Report, is available in PDF form for download on SGXNet and our corporate website at www.versalink.com.

Feedback

We welcome stakeholders' input on this report at sustainability@versalink.com.

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VERSALINK HOLDINGS LIMITED (201411394N)

Acoustic Room (M size)

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SUSTAINABILITY REPORT 2022

ESG PERFORMANCE

HIGHLIGHTS

ESG PERFORMANCE SUMMARY

ESG FACTORS

FY2020

FY2021

FY2022

SOCIAL

Total Employees By Gender :

Male

267

246

234

Female

65

52

38

Total employees

332

298

272

Total Employees by Employment Contract and Gender :

Regular employees (Male)

267

232

204

Contract employees (Male)

0

14

30

Regular employees (Female)

65

51

38

Contract employees (Female)

0

1

0

Total Regular Employees by Employment Type and Gender :

Full time (Male)

267

246

234

Part time (Male)

0

0

0

Full time (Female)

65

52

38

Part time (Female)

0

0

0

Total Employees by Age Group :

< 30 years old

117

94

68

30 - 49 years old

201

187

181

> 50 years old

14

17

23

Gender Mix by Employee Category (% Female) :

Operations, Support, Workers

253

238

221

Executive

50

32

29

Middle Management

25

25

18

Top Management

4

3

4

Total Number of Employees

Employees by Age

> 50 Years

30 - 49 Years

< 30 Years

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Disclaimer

Versalink Holdings Ltd. published this content on 28 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 August 2022 10:24:10 UTC.