ST Engineering Sustainability Report 2022

We measure a range of financial, non-financial and operational Key Performance Indicators (KPIs). These have a significant impact on the resilience and sustained performance of our Group’s businesses globally, whether in the short, medium or long-term. Our KPI areas include those indicated in the table below. MEASURING PERFORMANCE We design the remuneration of our senior management to motivate them to strive for sustained growth and adopt strategies aligned to the long-term performance of the Group. The remuneration package comprises components linked to the achievement of annual performance targets, including material risks and sustainability performance. Read more about our Executive Renumeration Structure in page 89 of our 2022 Annual Report FINANCIAL PERFORMANCE • Revenue, Profit, Working Capital PEOPLE DEVELOPMENT • Learning & Development • Performance Management OPERATIONAL EXCELLENCE • Continuous Improvement • Health & Safety • Quality TECHNOLOGY & INNOVATION • R&D Investments • New Products & Services • Venture Building ENVIRONMENT • GHG Emissions • Water & Waste OUR SUSTAINABILITY APPROACH 12 ST ENGINEERING SUSTAINABILITY REPORT 2022

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