Sustainability Performance

MSX ESG Metrics

Metric	Calculation	- Direct Answer - 2025
E1. GHG Emissions	E1.1) Total amount in CO2 equivalents, for Scope 1	1,680,635
	E1.2) Total amount, in CO2 equivalents, for Scope 2 (if applicable)	503
	E1.3) Total amount, in CO2 equivalents, for Scope 3 (if applicable)	1123.8
E2. Emissions Intensity	E2.1) Total GHG emissions per output scaling factor	0.57
E2. Emissions Intensity	E2.2) Total non-GHG emissions per output scaling factor	-
E3. Energy Usage	E3.1) Total amount of energy directly consumed	24,492,166
E3. Energy Usage	E3.2) Total amount of energy indirectly consumed	4,765
E4. Energy Intensity	Total direct energy usage per output scaling factor	8,135,624.73
E5. Energy Mix	Percentage: Energy usage by generation type	100% Non-Renewable (Fuel)
E6. Water Usage	E6.1) Total amount of water consumed	182,500
E6. Water Usage	E6.2) Total amount of water reclaimed	0
E7. Environmental Operations	E7.1) Does your company follow a formal Environmental Policy? Yes/No	YES
	E7.2) Does your company follow specific waste, water, energy, and/or recycling policies? Yes/No	YES
	E7.3) Does your company use a recognized energy management system?	YES
E8. Environmental Oversight	Does your Management Team oversee and/or manage sustainability issues? Yes/No	YES
E9. Environmental Oversight	Does your Board oversee and/or manage sustainability issues? Yes/No	YES
E10. Climate Risk Mitigation	Total amount invested, annually, in climate-related infrastructure, resilience, and product development	14 Million

MSX ESG Metrics

Metric	Calculation	- Direct Answer - 2025
S1. CEO Pay Ratio	S1.1) CEO total compensation to median FTE total compensation	NA
S1. CEO Pay Ratio	S1.2) Does your company report this metric in regulatory filings? Yes/No	-
S2. Gender Pay Ratio	Ratio: Median male compensation to median female compensation
S3. Employee Turnover	S3.1) Percentage: Year over-year change for full-time employees	3%
	S3.2) Percentage: Year over-year change for part-time employees	Only FTE
	S3.3) Percentage: Year over-year change for contractors/consultants	NA
S4. Gender Diversity	S4.1) Percentage: Total enterprise headcount held by men and women	Male: 81%<br>Female: 19%
	S4.2) Percentage: Entry and mid-level positions held by men and women	Male: 80.5%<br>Female: 19.5%
	S4.3) Percentage: Senior and executive level positions held by men and women	Male: 85%<br>Female: 15%
S5. Temporary Worker Ratio	S5.1) Percentage: Total enterprise headcount held by part-time employees
S5. Temporary Worker Ratio	S5.2) Percentage: Total enterprise headcount held by contractors and/or consultants	Only FTE
S6. Non-Discrimination	Does your company follow non-discrimination policy? Yes/No	YES
S7. Injury Rate	Percentage: Frequency of injury events relative to total workforce time	0%
S8. Global Health and Safety	Does your company follow an occupational health and/or global health and safety policy? Yes/No	YES
S9. Child and Forced Labor	S9.1) Does your company follow a child and/or forced labor policy? Yes/No	YES
S9. Child and Forced Labor	S9.2) If yes, does your child and/or forced labor policy also cover suppliers and vendors? Yes/No	NO
S10. Human Rights	S10.1) Does your company follow a human rights policy? Yes/No	YES
S10. Human Rights	S10.2) If yes, does your human rights policy also cover suppliers and vendors? Yes/No	NO
S11. Community Investment	Amount invested in the community, including philanthropic donations, as a percentage of the company's pretax profits	0.015122211

MSX ESG Metrics

Metric	Calculation	- Direct Answer - 2025
G1. Board Diversity	G1. Board Diversity	100% Male
G1. Board Diversity	G1.2) Percentage: Committee chairs occupied by men and women	100% Male
G2. Board Independence	G2.1) Does company prohibit CEO from serving as board chair? Yes/No	YES
G2. Board Independence	G2.2) Percentage:Total board seats occupied by independent board members	40%
G3. Incentivized Pay/Assurance	Are executives formally incentivized to perform on sustainability?	NO
G4. Supplier Code of Conduct	G4.1) Are your vendors or suppliers required to follow a Code of Conduct? Yes/No	YES
G4. Supplier Code of Conduct	G4.2) If yes, what percentage of your suppliers have formally certified their compliance with the code?	100%
G5. Ethics and Prevention of Corruption	G5.1) Does your company follow an Ethics and/or Prevention of Corruption policy? Yes/No	YES
G5. Ethics and Prevention of Corruption	G5.2) If yes, what percentage of your workforce has formally certified its compliance with the policy?	100%
G6. Data Privacy	G6.1) Does your company follow a Data Privacy policy? Yes/No	NIL
	G6.2) Has your company taken steps to comply with GDPR rules? Yes/No	NIL
	G6.3) Has your company taken steps to comply with Oman Personal Data Protection Law rules? Yes/No	NIL
G7. Sustainability Reporting	G7.1) Does your company publish a sustainability report? Yes/No	YES
G7. Sustainability Reporting	G7.2) Is sustainability data included in your regulatory filings? Yes/No	YES
G8. Disclosure Practices	G8.1) Does your company provide sustainability data to sustainability reporting frameworks? Yes/No	YES
	G8.2) Does your company focus on specific UN Sustainable Development Goals (SDGs)? Yes/No	YES
	G8.3) Does your company set targets and report progress on the UN SDGs? Yes/No	YES
G9. External Assurance	Are your sustainability disclosures assured or verified by a third-party audit firm? Yes/No	NO

GRI Content Index

GRI Standard / Other Source	Disclosure	Location - Page(s) in 2025 Sustainability Report	Omission
GRI Standard / Other Source	Disclosure	Location - Page(s) in 2025 Sustainability Report	Requirement(s)	Reason	Explanation
Marine Pollution Control and Environmental Protection
GRI 3: Material Topics 2021	3-3 Management of material topics	51-52	-	-	-
GRI 101: Biodiversity 2024	101-1 Policies to halt and reverse biodiversity loss	51-52	-	-	-
	101-2 Management of biodiversity impacts	51-52	-	-	-
	101-4 Identification of biodiversity impacts	51-52	-	-	-
	101-6 Direct drivers of biodiversity loss	34-35	-	-	-
Climate Change and Emissions Management
GRI 3: Material Topics 2021	3-3 Management of material topics	44-50	-	-	-
GRI 102: Climate Change 2025	102-4 GHG emissions reduction targets and progress	44-50	-	-	-
GRI 305: Emissions 2016	305-1 Direct (Scope 1) GHG emissions	45	-	-	-
	305-2 Energy indirect (Scope 2) GHG emissions	45	-	-	-
	305-3 Other indirect (Scope 3) GHG emissions	46	-	-	-
	305-4 GHG emissions intensity	45	-	-	-
GRI 305: Emissions 2016	305-5 Reduction of GHG emissions	44-50	-	-	-
GRI 305: Emissions 2016	305-7 Nitrogen oxides (NOx), sulfur oxides (SOx), and other significant air emissions	46-47	-	-	-
Sustainable Resource Use
GRI 3: Material Topics 2021	3-3 Management of material topics	53-57	-	-	-
GRI 302: Energy 2016	302-1 Energy consumption within the organization	53	-	-	-
GRI 302: Energy 2016	302-4 Reduction of energy consumption	53	-	-	-
GRI 303: Water and Effluents 2018	303-1 Interactions with water as a shared resource	54	-	-	-
	303-2 Management of water discharge-related impacts	54-55	-	-	-
	303-3 Water withdrawal	-	-	-	-
	303-5 Water consumption	-	-	-	-
GRI 306: Waste 2020	306-1 Waste generation and significant waste-related impacts	55	-	-	-
	306-2 Management of significant waste-related impacts	55	-	-	-
	306-3 Waste generated	-	-	-	-
	306-5 Waste directed to disposal	-	-	-	-
GRI 308: Supplier Environmental Assessment 2016	308-1 New suppliers that were screened using environmental criteria	77	-	-	-

GRI Content Index

GRI Standard / Other Source	Disclosure	Location - Page(s) in 2025 Sustainability Report	Omission
GRI Standard / Other Source	Disclosure	Location - Page(s) in 2025 Sustainability Report	Requirement(s)	Reason	Explanation
Workforce Safety and Wellbeing
GRI 3: Material Topics 2021	3-3 Management of material topics	60-61	-	-	-
GRI 403: Occupational Health and Safety 2018	403-1 Occupational health and safety management system	60	-	-	-
	403-2 Hazard identification, risk assessment, and incident investigation	60	-	-	-
	403-3 Occupational health services	60-61	-	-	-
	403-4 Worker participation, consultation, and communication on occupational health and safety	60-61	-	-	-
	403-5 Worker training on occupational health and safety	60-61	-	-	-
	403-6 Promotion of worker health	60-61	-	-	-
	403-7 Prevention and mitigation of occupational health and safety impacts directly linked by business relationships	60	-	-	-
	403-8 Workers covered by an occupational health and safety management system	60	-	-	-
GRI 403: Occupational Health and Safety 2018	403-9 Work-related injuries	Appendix (A)- Social - Health and Safety	-	-	-
GRI 401: Employment 2016	401-1 New employee hires and employee turnover	Appendix (A)- Social - New Employee Hires	-	-	-
GRI 401: Employment 2016	401-3 Parental leave	Appendix (A)- Social - Parental Leave	-	-	-
People Development and Talent Retention
GRI 3: Material Topics 2021	3-3 Management of material topics	62-64	-	-	-
GRI 404: Training and Education 2016	404-1 Average hours of training per year per employee	62	-	-	-
	404-2 Programs for upgrading employee skills and transition assistance programs	62	-	-	-
	404-3 Percentage of employees receiving regular performance and career development reviews	63	-	-	-
Diversity, Equity and Inclusion
GRI 3: Material Topics 2021	3-3 Management of material topics	65-67	-	-	-
GRI 405: Diversity and Equal Opportunity 2016	405-1 Diversity of governance bodies and employees	Appendix (A) – Social – Employee Distribution	-	-	-
GRI 406: Non- discrimination 2016	406-1 Incidents of discrimination and corrective actions taken	Appendix (A) – Social – Training and Education / Workforce indicators	-	-	-
Community Investment and Local Impact
GRI 3: Material Topics 2021	3-3 Management of material topics	68-69	-	-	-
Investor Relations	413-1 Operations with local community engagement, impact assessments, and development programs	68-71	-	-	-

GRI Content Index

GRI Standard / Other Source	Disclosure	Location - Page(s) in 2025 Sustainability Report	Omission
GRI Standard / Other Source	Disclosure	Location - Page(s) in 2025 Sustainability Report	Requirement(s)	Reason	Explanation
Business Ethics and Compliance
GRI 3: Material Topics 2021	3-3 Management of material topics	80-81	-	-	-
GRI 205: Anti- corruption 2016	205-2 Communication and training about anti- corruption policies and procedures	80-81	-	-	-
GRI 205: Anti- corruption 2016	205-3 Confirmed incidents of corruption and actions taken	Appendix (A) – Governance – Corruption and Compliance	-	-	-
GRI 206: Anti- competitive Behavior 2016	206-1 Legal actions for anti-competitive behavior, anti-trust, and monopoly practices	Appendix (A) – Governance – Corruption and Compliance	-	-	-
GRI 201: Economic Performance 2016	201-1 Direct economic value generated and distributed	86-87	-	-	-
Digital Resilience and Information Security
GRI 3: Material Topics 2021	3-3 Management of material topics	84-85	-	-	-
GRI 418: Customer Privacy 2016	418-1 Substantiated complaints concerning breaches of customer privacy and losses of customer data	Appendix (A) – Governance – Data privacy and cybersecurity	-	-	-
Board Oversight and Accountability*
GRI 3: Material Topics 2021	3-3 Management of material topics	82-83	-	-	-

*This material topic is not covered by a specific GRI Topic Standard and is included for additional information.

GRI Content Index

GRI Standard / Other Source	Disclosure	Location - Page(s) in 2025 Sustainability Report	Omission
GRI Standard / Other Source	Disclosure	Location - Page(s) in 2025 Sustainability Report	Requirement(s)	Reason	Explanation
GRI 2: General Disclosures 2021	2-1 Organizational details	14-27	-	-	-
	2-2 Entities included in the organization's sustainability reporting	6	-	-	-
	2-3 Reporting period, frequency and contact point	6	-	-	-
	2-4 Restatements of information	No restatements of information were identified in the 2025 reporting period.	-	-	-
	2-5 External assurance	Asyad Shipping Company (ASCO) does not seek external assurance	-	-	-
	2-6 Activities, value chain and other business relationships	22-24	-	-	-
	2-7 Employees	Appendix (A) – Social – Employee Distribution	-	-	-
	2-8 Workers who are not employees	Not disclosed in the report	-	-	-
	2-9 Governance structure and composition	82-83	-	-	-
	2-10 Nomination and selection of the highest governance body	82-83	-	-	-
	2-11 Chair of the highest governance body	82-83	-	-	-
	2-12 Role of the highest governance body in overseeing the management of impacts	82-83	-	-	-
	2-13 Delegation of responsibility for managing impacts	82-83	-	-	-
	2-14 Role of the highest governance body in sustainability reporting	82-83	-	-	-
	2-15 Conflicts of interest	83	-	-	-
	2-16 Communication of critical concerns	22-23	-	-	-
	2-17 Collective knowledge of the highest governance body	-	Omitted	Confidentiality constraints	This information is not disclosed as it forms part of internal KPIs and metrics, which are kept confidential to safeguard sensitive organizational data.
	2-18 Evaluation of the performance of the highest governance body	-	-	-	-
	2-19 Remuneration policies	-	-	-	-
	2-20 Process to determine remuneration	-	-	-	-
	2-21 Annual total compensation ratio	-	-	-	-
	2-22 Statement on sustainable development strategy	10-11	-	-	-
	2-23 Policy commitments	76-77, 81-82	-	-	-
	2-24 Embedding policy commitments	76-77, 81-82	-	-	-
	2-25 Processes to remediate negative impacts	81-82	-	-	-
	2-26 Mechanisms for seeking advice and raising concerns	81-82	-	-	-
	2-27 Compliance with laws and regulations	81-82	-	-	-
	2-28 Membership associations	25	-	-	-
	2-29 Approach to stakeholder engagement	40-41	-	-	-
	2-30 Collective bargaining agreements	-	Omitted	Confidentiality constraints	This information is not disclosed as it forms part of internal KPIs and metrics, which are kept confidential to safeguard sensitive organizational data.
GRI 3: Material Topics 2021	3-1 Process to determine material topics	32-33	-	-	-
GRI 3: Material Topics 2021	3-2 List of material topics	32-33	-	-	-

Feedback and Suggestions

Asyad Shipping remains dedicated to advancing its sustainability practices and enhancing the clarity and quality of its disclosures. Constructive input from stakeholders plays an important role in strengthening our approach.

We welcome comments, questions, or suggestions regarding this report or broader sustainability matters.

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shipping.sustainability@asyad.com