Investor Presentation 2021 slide image

Investor Presentation 2021

Sustainability at stc Investor Presentation 2021 | stc group Our approach to sustainability involves maximizing economic value, creating positive environmental impact and supporting progressive social development. By aligning our actions with the goals of the Saudi Vision 2030, we are helping to build a better future. We believe the steps we have taken to date are already catalyzing digital transformation in KSA. 01 Doing business with integrity ■ One of the first companies in KSA to implement corporate governance throughout the management structure as early as 2004 ■ 300+ employees attended anticorruption training and awareness sessions Partnered with the World Economic Forum - Partnering Against Corruption Initiative (PACI) forum to adopt global principles for countering corruption 04 Expanding access to technology and connectivity Recorded 62 mbps mobile download speed in KSA by December 2019 ■ We have the largest broadband network in KSA, complemented by significant fiber optic and 5G network ☐ 02 Enhancing economic impacts ■ 50% of procurement spending towards locally registered suppliers ■ SR 54,368 million in revenues (2019)- the highest annual revenue since 2013 ☐ Through Rawafed, provided support to SMEs to the value of SAR 4 billion in 2019, equal to one-third of total support given to local suppliers 05 Advancing innovative digital opportunities Through InspireU, incubated 28 startups that support ICT/ digital innovation First operator in KSA to launch 5G commercial services 06 Empowering people 2.1% turnover rate Hiring of female employees reached 528, starting from 0 in 2015 288,462 total hours of employee training 03 Enriching lives and experiences ■ 100% of employees have completed iGate training on issues regarding privacy, data protection and cybersecurity ■ One of the best complaints to subscriber ratio in the world - 0.17% by Dec 2019 ■ SAR 2.5 billion in community investments, through direct contributions 07 Caring for the environment ■ 18% decrease in direct energy consumption from buildings and fleet 50% reduction in paper consumption compared to 2018 ■ Joined the global movement of leading companies aligning their business with the Paris Agreement to reach net zero emissions by no later than 2050 *For further details, please refer to the sustainability report at stc website or click here 37
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