ST Engineering Annual Report 2024

Leading in Artificial Intelligence (AI) Excellence ST Engineering was recognised as an AI Pioneer at the 2024 LinkedIn Talent Awards, which showcased organisations leading the future of work and their workforce’s AI skills achievements. We continue to build AI expertise and innovation by providing extensive training to our workforce and integrating AI within our operations. By leveraging curated LinkedIn Learning content, our employees can enhance their understanding of Generative AI, enabling them to apply AI skills in the workplace. ENHANCING EMPLOYEE EXPERIENCE Listening to and engaging with our employees are critical aspects of our strategy to improve employee experience at work. We conduct regular town hall meetings, including our Annual Convention, as well as focus group sessions with our Group President & CEO and relevant business leaders. Our communication channels provide employees a platform for updates and discussions on strategy, market trends and business challenges, alongside matters related to personnel and policy. These open dialogues and pulse surveys enable both employees and leaders to listen to diverse perspectives, fostering more effective collaboration and driving us towards greater success. Annual Convention 2024 The event saw a turnout of close to 3,800 employees from around the globe, including those who attended virtually. In line with the theme of “Achieving Breakthroughs, Mastering Change”, the convention aligned employees with the Group’s roadmap and strategies, which would enable us to achieve greater heights in the year ahead. BUILDING AN AGILE WORKFORCE Maintaining a robust talent pipeline is crucial in driving sustainable growth. We are dedicated to providing our employees with the necessary skills, competencies and opportunities to reach their full potential. Our ongoing investments in employee development include targeted training in skills and competencies, mentorship programmes and structured rotations. This approach ensures that our workforce is well prepared to excel in a rapidly changing market environment. We regularly review our manager development framework to support employees in cultivating essential leadership competencies. These initiatives aim to enhance our employees’ repertoire of experiences, skills and knowledge, supporting ST Engineering’s aspiration to become a global leader in technology, defence and engineering. Fostering Teamwork through Play Through team-building activities, our colleagues from Urban Solutions’ business unit in Wuxi, China, fostered a stronger sense of camaraderie and team spirit. They also learnt to demonstrate greater teamwork and collaboration when addressing work challenges. AVERAGE TRAINING HOURS PER EMPLOYEE 29 hours 67 CORPORATE OVERVIEW PERFORMANCE REVIEW SUSTAINABILITY FINANCIAL REPORT

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