LEGB has established this Green Sukuk Framework (the “Framework”) as the overarching framework for the Group in relation to the proposed issuance(s) of green Islamic medium term notes (“Green Sukuk”), which may be issued by LEGB’s subsidiaries (as issuers under their respective issuance vehicles) from time to time, to facilitate the fundraising exercise for new and existing assets, businesses and/or projects that satisfy the Eligible Green Categories.

The Framework defines the guiding principles and standards for the allocation of sukuk proceeds, ensuring that the Proceeds are directed toward financing or refinancing Eligible Project(s) that drive emission reduction and generate measurable environmental benefits. Through this approach, all financed/ refinanced activities shall be aligned with the relevant UN SDGs as outlined above, reinforcing LEGB’s commitment to sustainability and responsible growth.

The establishment of this Framework is aligned with the following guidelines, frameworks, standards or principles, as amended or substituted from time to time:

1. the Sustainable and Responsible Investment Sukuk Framework under the Guidelines on Unlisted Capital Market Products under the Lodge and Launch Framework issued by the Securities Commission Malaysia (“SC”);
2. the ASEAN Green Bond Standards issued by the ASEAN Capital Markets Forum; and/or
3. the Green Bond Principles issued by the International Capital Market Association.

This Framework supersedes the LESB ASEAN Green SRI Sukuk Wakalah Framework, which was issued in 2020.

LEGB - GREEN SUKUK FRAMEWORK 2026 Leader Energy - Second Party Opinion Pre-Issuance Impact Assessment Report 2026