AwanBiru Technology Berhad - Annual Report 2021

Management Discussion & Analysis Overview Awantec is a globally benchmarked company providing 21 st century ready talent and technology services platform which transform lives. As we celebrate our 10 th IPO Anniversary, we are reminded of our Mission, which is to ‘Drive Sustainable Recurring Profit through Digital Transformation’. This is embedded and deeply rooted in our shared values – Collaborative, Customer Focus, Innovative, Integrity and Quality. Within the Financial Year 2021 (“ FY2021 ”), in line with our theme of ‘Accelerating Digitalisation - Progressing with Purpose’ , we embarked on a strategy that brought in value to our shareholders. In the midst of COVID-19, we have strengthened our financial position and optimised our operations while we pivoted to Cloud services and offered newer opportunities for our clients in the government and private sector. Our key strategies revolved around becoming a multi-cloud management services and products provider, aligned with Malaysia Digital Economy Blueprint (“ MyDIGITAL ”) to drive digitalisation forward for nation building. We have prioritised active, direct engagement with customers to drive our cloud business. We continue to build competent talent to lead and steer Awantec towards new business streams and heights. Our business caters to the full lifecycle of digital talent management - profiling, training, certification, and placement services. Parallel with our growth strategy, we have maintained our focus on commitments towards Economy, Social and Governance (“ ESG ”). Bursa Malaysia, via its FTSE Russel ESG Ratings, recognises Awantec as part of the top 25% amongst PLCs in FBM EMAS that have been assessed by FTSE Russell. We have also remained as a shariah compliant stock. Awantec actively pursued new business opportunities and established commercial value for our business. We further enhanced our brand value via sustainable practices, innovation and provide full range of digitalisation support with excellent service. We believe this will enhance returns on invested capital, leveraging on sustainable product portfolio which offers unique differentiation to suit the market demand and help our clients improve their digitalisation capability. DR. ABU HASAN BIN ISMAIL Founder, President and Group CEO Key Messages | Awantec 17 Annual Report 2021