KEY FOCUSES FOR 2025 Invest in digital growth areas such as AI, Cyber, Cloud technologies to support our customers including local government agencies and enterprises Enter new international markets and grow International Defence business Expand our business locally and internationally, focusing on public safety and security agency segments The advent of cloud-based quantum computing offers transformative potential, enabling real-time system monitoring, operational efficiency and innovation across industries like manufacturing and healthcare. We are actively developing solutions to make these advancements accessible to our customers. The digital industry is facing a shortage of skilled talents. To meet this challenge, we are investing in training and development programmes, aimed at growing our digital workforce from 2,000 specialists to over 3,000 within five years. These professionals will focus on areas such as cybersecurity, software engineering, data analytics, cloud and data centre hosting. In the Marine sector, investments in the new Gul Yard and its integration with Benoi Yard create a unified network with enhanced capacity. This setup enables faster project turnaround to better support naval requirements and entry into new market segments. We are also undertaking efforts in automating ship repair and conversion processes and investing in technologies like hydroblasting, automated guided vehicles and drones for inspections to achieve higher productivity as well as to mitigate the effects of a tight labour market. Sustainability remains a priority in the maritime industry, and we are committed to supporting ship owners in their decarbonisation journeys. We will continue to develop innovative solutions to help them transition to cleaner energy options, aligning with global environmental goals. Ongoing geopolitical conflicts have underscored the continued relevance of traditional warfare, while highlighting emerging defence trends such as AI, unmanned systems and cyber capabilities that are reshaping military strategies Together with our partner DSTA, we marked the Keel Laying Ceremony for the first of six MRCVs for the RSN. 37 CORPORATE OVERVIEW PERFORMANCE REVIEW SUSTAINABILITY FINANCIAL REPORT
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