INVESTOR RELATIONS In 2022, ST Engineering continued to proactively engage the global investment community through group and one-on-one meetings, conference calls, investor conferences and roadshows. We maintained strong links with sell-side analysts and continued to be well covered by 14 analysts who issue regular reports. We monitor analyst, industry and media reports closely as part of our efforts to continuously improve disclosures and investor relations practices. During the year, at the release of our half-yearly financial results, we held hybrid in-person and virtual briefings for sell-side analysts, institutional investors, shareholders and media. We augmented these half-yearly briefings with 1Q and 3Q Market Updates briefings for the sell-side analysts. We discussed financial performance, business updates and how the management team navigated a challenging operating environment marked by inflationary pressures, higher energy price, global chip shortages, labour availability and supply chain disruptions. In the 1Q2022 Market Updates, we covered an information session on our Digital business comprising Cloud, AI Analytics and Cybersecurity, highlighting its industry trends and growth drivers, providing further information on our roadmap to triple this business to more than $500m by 2026. In the 3Q2022 Market Updates, we provided an update on TransCore post-acquisition. Apart from these briefings, we hosted sell-side analysts and institutional investors to our ST Engineering Pavilion at Singapore Airshow 2022, and brought a group of sell-side analysts to tour our Commercial Aerospace facilities in Singapore. We met with our shareholders and investors in select cities in Europe, the UK, the U.S. and Canada. We also engaged investors, ESG related research and rating agencies to communicate the Group’s sustainability framework, priorities and goals. Relevant functions and departments such as Sustainability, Human Resources and Risk & Assurance also participated in these meetings. We value these exchanges as they help to sharpen our ESG disclosures. Retail investors are important stakeholders to us. We strongly encourage them to attend our annual general meetings and they are welcome to contact us directly via email or telephone. Our 25th Annual General Meeting (AGM) was held virtually in April. Shareholders were encouraged to submit their questions ahead of the AGM and our responses were posted on SGXNet and on our corporate website five days before the meeting. 60 ST ENGINEERING ANNUAL REPORT 2022
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