GE’s Vision

1. GE’s Vision Developing the next generation of leaders

2. Current Situation • Local construction sector declining • Fortunately we have 2 projects in Qatar. • Fundamental shift in our business from Local Negotiated Contracts to International Competitive Bidding

3. Future Focus • We need to transform ourselves from the current centralised, hierarchical structure and systems to one that is adaptable, flexible and multifunctional with independent people and systems • GE’s Target: RM2 billion annual turnover coming from RM6 billion order book which requires RM10 billion tendering capacity per year.

4. GE SWOT

5. VISION The Premier Infrastructure Company in ASIA

6. Achieving GE’s Vision To succeed, we need • Competency shift • Organizational shift • Human Resource strategy

7. Competency Shift • Future • Leaders • Commercial orientation • International focus • Current • Doers and implementers • Technocratic • Local knowledge

8. Organizational Shift • To meet targets, we need to have the right people with the right skills driving the transformation to a global company • Change the current functional structure to a matrix structure • The aim is to have better customer focus and faster reaction to changing market conditions and boundaryless behaviours

9. Current GE Organisation Current organisation is functionally oriented GB MD • HQ Functions • BD • FMAD • HR • Legal • GPA GE MD Concessions GL D&T PMD T&B Quality MS MP Project 1 Project 2 Project 3 Project 4

11. Matrix Structure GE MD India Middle East ASEAN/Asia Malaysia/ Indonesia PMD Project 1 Project 3 Project 5 Project 7 D&T T&B Contracts Project 2 Project 4 Project 6 Project 8 Quality MP/MS

12. Human Resource Strategy Going back to basics – our staff is our most valuable resource • GE Value System • Rewarding commitment and loyalty • Cultivating Future Leaders

13. Ownership We work for our own personal success. We realize that for us to be successful, the company as a whole will need to succeed and everyone’s contribution is important. We appreciate the roles each employee plays towards our overall success. We cultivate good interpersonal relationships and help each other live the company’s values. Winning We strive to do our best in performing our day to day duties. We take pride in our work and are personally accountable for our results. We are committed to winning as a team. Respect We recognize that everyone has their own strengths and weaknesses. We treat each other with respect. We learn from our mistakes as part of continuous learning and self development. Passion We are passionate about our work. We take responsibility to create an environment at work where we can work happily. We are caring and provide encouragement to our team members. GE Value Statement Expected behavioural descriptions for management and staff at all levels:

14. Integrity We are trustworthy. We earn each other’s trust through our actions and living our values. Teamwork We believe everyone has the potential to succeed. We utilize each other’s strengths and capabilities in working together towards a common goal. We appreciate everyone’s contributions in a team and help one another to achieve our goals. We readily sacrifice personal goals to further team and company goals. Customer Satisfaction We deliver quality products within budget and in a timely manner. We receive recognition through our customers’ satisfaction. Embrace Change We are open to new ideas and change. We treat change and new situations as opportunities for learning and growth. We take the initiate to adjust our own behaviour to fit the task, situation and other individuals involved. GE Value Statement Expected behavioural descriptions for management and staff at all levels:

15. GE Values System • Code of Conduct to instill a sense of belonging in staff and improve morale, besides setting a work culture • GE Corporate Statement: • Customer Satisfaction: Customer satisfaction is paramount to our company’s continuous success. We pledge to deliver products that exceed customer satisfaction in terms of quality, cost and delivery time. • Our Employees: Our employeesare what make success possible for the company. We are committed to winning as a team with integrity, trust and respect for all employees. • Our Work Culture: Success is achieved through commitment and strong teamwork where everyone is accountable for their own actions and to the team as a whole. We are passionate about our work. • Our Versatility: Change is embraced as new opportunity. As a team, we are willing to make sacrifices to further the company’s success.

16. Human Resource Strategy • Staff Retention & Morale • Grading Matrix • GE Value System • Managing with carrots • Talent Development & Career Path • Cultivating Leaders • Focus on key employees

17. Rewarding commitment and loyalty Focus is on rewarding staff who are competent, committed and loyal to the company • Benefits scheme re-examined • Possible lateral promotion within same grade • De-linking job title from grade

18. Talent Development: Cultivating Leaders • GE is looking to develop the next generation of leaders • High flyers are assured of career growth • Open career path – all employees can reach their fullest potential

19. Summary • Competency Shift to Global Outlook • Organisational Shift to Matrix Structure • GE Values System • Rewarding commitment and loyalty • Cultivating next generation Leaders

20. Market Opportunities Leverage our design and build expertise for large scale projects: • Middle East: design & build • India: BOT in selected states • Indochina (Laos): BOT • Indonesia: BOT