examples of the collaborations that are very much reflective of our approach to delivering success for our customers. Internally, having great teams supported by a unified organisational design in each of our regions, as well as across our key sectors, means that we are better equipped to bring together our capabilities and offerings to offer the quality and diversity that our customers trust and rely on. Board changes I am delighted to welcome Ian Tyler as our new non-executive Chair. Ian’s leadership, expertise and experience across sectors including energy, infrastructure, technology, defence and engineering is already proving to be of great value. I’d also like to express my gratitude to our previous Chair, Charles Packshaw, for his unwavering support and guidance, most especially as we successfully navigated through a period of considerable complexity during the COVID-19 pandemic. Ian’s appointment is one of several key changes to the Board during the reporting period and Ian outlines these in more detail in his Chair’s statement on page 3. I look forward to working with the new chair and refreshed board at an exciting time for us. Outlook With a strong order book and clear evidence that our strategy is delivering for our customers, our people, and our wider stakeholders, we can look ahead with confidence. Our financial performance and focus on investing in our people and in innovation, mean that we are well placed to be leaders in the technologies and concepts that are becoming increasingly important to our customers and our stakeholders, addressing their most complex scientific and engineering challenges. At BMT we believe that employee engagement is crucial to our success as an organisation. To refresh our approach, we switched our annual employee engagement survey to a different provider during the reporting period. I was pleased that, although the methods were different, the outcome was consistent, with the survey finding high levels of employee engagement and satisfaction. We also worked hard during the year on refining our employee value proposition and strengthening our approach to attracting and recruiting people from outside the organisation. We relaunched BMT Giveback, our flagship philanthropic programme, which brings our people’s innovation together with established charities to deliver real-world impact to local communities. This year we donated funds to enable access to safe, clean, reliable, and resilient water supply in remote First Nations communities in Australia. Given our focus and reliance on our people, I am pleased to report that, due to the strength of our financial performance, we were able to reward our people with both an employee dividend and a performance-related bonus, totalling £7.3m. Customers While our FSS contract win has understandably attracted the headlines this year, it is only one example – albeit our largest ever – of how working closely with customers is key to our success. Whether working with governments, shipyards, energy companies, shipowners or port authorities, we continued to collaborate and innovate in order to address their most complex, pressing challenges. Our ability to deliver critical engineering support to the Canadian Department of National Defence (DND), and in the UK through the collaborative Aurora Engineering Partnership (EDP) with QinetiQ and Atkins are just two further Sarah Kenny, OBE Chief Executive, BMT That said, it is only right to add a note of caution. We are living through an almost unprecedented period of geopolitical, societal and environmental change, which presents risks to all organisations. While we will not be immune to such challenges, I believe that our capabilities, strategic approach, and the resilience that comes with a diverse but focussed business portfolio, mean that we will be well positioned to seize opportunities to support our customers during these uncertain times. I believe that business has a positive role to play in society beyond simple wealth creation. Our innovation, skills and knowledge will help shape a better future. By embedding sustainability into the heart of our business we also secure our own future in an uncertain world and help our customers find the best path through complex challenges to make a positive difference. You can read more on our approach to sustainability on our website. 5
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