MESSAGE FROM THE BOARD

Dear Valued Stakeholders,

On behalf of the Board of Directors (the "Board"), I am pleased to present our 6th Sustainability Report (the "Report") for mm2 Asia Ltd. (the "Company" or "mm2", together with its subsidiaries, the "Group" or "we" or "us" or "our"). This Report provides a broad overview of our sustainability performance over the financial year ended 31 March 2023 ("FY2023").

We at mm2 believe that sustainability is not only the right thing to do but can also be good for business. Our company has a responsibility to use our platforms to address and educate our consumers about the importance of sustainability, as well as demonstrate good business practices in leading by example to operate our businesses in a sustainable way.

We are committed to reducing our environmental impact by using less energy, water, paper, and single-use disposables, as well as being mindful of social issues, e.g. employee wellbeing, within our organisation to improve our corporate governance practices.

We believe that sustainability is essential for the future of our planet and our company. We are committed to doing our part to create a more sustainable future. Here are some specific examples of how our companies contribute to sustainability:

  • Educating the public about sustainability: We use our platforms to educate the public about the importance of sustainability and support other organisations to do the same.
  • Reducing waste: We reduce our waste through recycling and upcycling used materials. Used props for filming, for example, are given away to charities or sold rather than discarded.
  • Using sustainable materials: We use sustainable materials in our products and operations. For example, we use paper made from recycled fibre in our printed materials such as movie posters and flyers.

Our commitment to sustainability extends beyond our business practices; we aim to inspire our customers, employees, stakeholders, and business partners to join us on this journey. Although we have made substantial progress, we recognise that we are still in the early stages of our sustainability journey.

Thank you for your continued support and we remain committed to creating long- term sustainable value for all.

Sincerely,

Chang Long Jong

Group CEO

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ABOUT THIS REPORT

mm2 Asia is pleased to present our 6th annual Sustainability Report (the "Report") for the financial year ended on 31 March 2023 ("FY2023" or "the reporting period").

Reporting Period & Scope

Our Sustainability Report encompasses mm2 Asia's management approach and performance regarding significant Economic, Environmental, Social, and Governance ("EESG") factors for the period of 1 April 2022 to 31 March 2023 ("FY2023"). All major entities covered in our financial reporting have been included, except for AsiaOne Pte Ltd. whose reporting was only provided up to 31 December 2022, as the business was subsequently sold. We have also excluded Vividthree Holdings Ltd, UnUsUal Limited, and their respective subsidiaries from the scope of this Report, as they have independently published their own Sustainability Reports.

We have not sought external assurance and have relied on internal verification processes to ensure the accuracy of the data reported.

Reporting Framework

This Report takes reference from the guidelines set out in Practice Note 7.6 Sustainability Reporting Guide published by the Singapore Exchange Securities Trading Limited ("SGX-ST") as well as Rules 711A and 711B of SGX-ST's Mainboard Listing Manual.

This Report has been prepared in accordance with the Global Reporting Initiative ("GRI") Standards, specifically the GRI 2021 Standards and its reporting principles. The internationally recognised GRI Standards were selected as a widely adopted reporting framework that supplies guidance suited for our business model. In developing this Report, we have incorporated the following GRI reporting principles:

Report Contact and Feedback

We welcome all feedback and suggestions on the contents of the Report, at IR@mm2asia.com.

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ORGANISATIONAL PROFILE

Headquartered in Singapore, mm2 Asia is committed to promoting "Content and Media for Asia." We have integrated businesses across the content, immersive media, cinema, event, and concert industries in Singapore, Malaysia, Hong Kong, Taiwan, China, and the United States of America.

Our Group primarily engages in business activities that include content production, distribution and sponsorship, post-production, cinema operations, event production, and concert promotion.

Group Structure

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Attachments

Disclaimer

MM2 Asia Ltd. published this content on 31 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 August 2023 05:18:09 UTC.