Record Dividends and Sustainability Milestones: Highlights from Carlsberg Malaysia’s 56th AGM!

Record-Breaking Dividends for Shareholders

At its 56th Annual General Meeting (AGM) held on May 5, 2026, Carlsberg Brewery Malaysia Berhad announced a record-breaking dividend payout for the financial year ended December 31, 2025 (FY25). Shareholders approved a final single-tier dividend of 43 sen per share, bringing the total for the year to 111 sen per share. This payout represents approximately 90% of the Group’s net profit for FY25.

Reaching the Gold Standard in ESG

The Group has achieved significant recognition for its sustainability and governance efforts, receiving an upgrade to an ‘AAA’ rating from MSCI ESG Ratings. Furthermore, it secured a four-star ESG Grading under the FTSE4Good Bursa Malaysia Index.

• Packaging and Waste: The MSCI upgrade was notably driven by a high score of 9.0 out of 10 in packaging material and waste management.

• Governance Excellence: The Group achieved a perfect 5 out of 5 for corporate governance under the FTSE4Good assessment, highlighting its commitment to ethical conduct and risk oversight.

• Global Standards: This year also marked the first time the Group aligned its reporting with the International Sustainability Standards Board (ISSB) standards, including IFRS S1 and S2, as part of the National Sustainability Reporting Framework (NSRF).

Malaysia’s First Net Zero AGM

In a move to align its corporate events with its environmental goals, Carlsberg Malaysia aimed for its 56th AGM to be a net zero event. Several practical measures were implemented to reach this target:

• Waste Mitigation: Single-use plastics were eliminated, and the event achieved zero waste to landfill. Surplus food was diverted to the Food Aid Foundation, while other waste was composted or recycled.

• Low-Carbon Choices: Attendees were provided with low-carbon (vegetarian) catering, and over 50% of shareholders utilized lower-carbon travel options like carpooling or public transport.

• Carbon Offsetting: Any remaining residual emissions, including those from shareholder travel, are being quantified by independent partners and will be addressed through carbon offsetting.

2026 Outlook: Discipline Amidst Uncertainty

While celebrating a successful 2025, Group Managing Director Stefano Clini expressed a cautious outlook for 2026. The Group expects to face continued geopolitical tensions and volatility in energy and input costs. To navigate these challenges, the Group's strategy will focus on:

• Value Management: Maintaining disciplined cost optimization and resource allocation.

• Innovation: Continuing to invest in brand development and brewery capabilities.

• Digital Transformation: Advancing digital initiatives to strengthen long-term resilience.