ANNUAL REPORT 2023

The Board of Directors of PRIVASIA Technology Berhad (“the Group”) hereby submit their Annual Report 2023 and the audited financial statements of the Group and of the Company for the year ended 31 December 2023.

PRIVASIA has continued to include a separate Sustainability Report of the Group and of the Company for the year ended 31 December 2023. This publication highlights how PRIVASIA can create sustainable value for all our stakeholders, in response to the growing expectation that companies should contribute to social, ethical and environmental issues.

We share this publication with all of our external stakeholders, including our shareholders, investors, customers, local authorities and job applicants, as well as all PRIVASIA employees.

DOWNLOAD ANNUAL REPORT 2023
DOWNLOAD SUSTAINABILITY REPORT 2023

We are pleased to present to you our annual report, which provides a comprehensive overview of PRIVASIA Technology Berhad (“PRIVASIA” or “the Group”)’s financial performance, key achievements, and strategic initiatives over the past year.

We are encouraged with our significant growth this year. Our continuous improvement is a testament to the hard work and dedication of our employees as well as the ongoing support of our shareholders.

We look forward to a bright future, and we are confident that, together, we can achieve great. As we move forward, we will continue to focus on building a sustainable and resilient business that creates value for our shareholders.

As part of our commitment to investing in the future we continue to look at various initiatives to better ourselves in Environmental, Social and Governance (“ESG”) areas. Further details of this can be found in our Sustainability Report.

Once again we would like to thank you for your ongoing support. We look forward to a successful future together.

DATO’ AZMAN BIN MAHMUD

2024 Performance At A Glance

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RM73.5M

PRIVASIA Group Revenue

RM9.4M

Operating Profit. +26.3% Growth

RM181.9M

Total Assets. +55.6% Growth

RM0.59

Earning Per Share

(38.5 TCO2e)

Scope 2 - Electricity 2024 vs 2021

(49.3 TCO2e)

Scope 3 - Work Commute (Road) 2024 vs 2021

(1.14 TCO2e)

Scope 3 - Paper Usage 2024 vs 2021

(39.4 TCO2e)

Scope 3 - Business Travel (Road) 2024 vs 2021

+0.79 TCO2e

Scope 3 - Business Travel (Air) 2024 vs 2023