CORPORATE GOVERNANCE Particulars of interested person transactions required to be disclosed under Rule 907 of the Listing Manual are as follows: Name of Interested Person (“IP”) Nature of Relationship Aggregate value of all interested person transactions conducted in FY 2024 under the IPT Mandate pursuant to Rule 920 (excluding transactions less than $100,000) $ Subsidiaries and associates of Hong Leong Investment Holdings Pte. Ltd. (“HLIH”) HLIH is a controlling shareholder of the Company. The IPs are associates of HLIH. Property-Related Transactions (a) Provision to Interested Persons of: (i) cleaning and housekeeping services; and (ii) carpet maintenance services (b) Lease of premises to Interested Persons Management and Support Services (a) Provision to Interested Persons of asset management and advisory services; and (b) Provision of investment management, consultancy services and corporate affairs services by Interested Person 2,427,542.40 794,908.00 Total: 3,222,450.40 Name of IP Nature of Relationship Aggregate value of all interested person transactions in FY 2024 (excluding transactions less than $100,000 and transactions conducted under the IPT Mandate pursuant to Rule 920) $ Subsidiaries and associates of HLIH HLIH is a controlling shareholder of the Company. The IPs are associates of HLIH Joint venture shareholders’ loans 4,239,079.20* (a) Subsidiaries and associates of HLIH, excluding the following: (b) CDL Hospitality Trusts (c) Hong Leong Asia Ltd. Group (d) Hong Leong Finance Limited Group HLIH is a controlling shareholder of the Company. The IPs are associates of HLIH Provision of corporate secretarial services to IPs 534,200.00 201,300.00 344,800.00 409,000.00 Note: * The figure comprises the aggregate value of shareholders’ loans extended to joint venture companies involving interested persons, and where applicable, interest accrued on shareholders’ loans, in FY 2024, which were announced on 26 February 2025 pursuant to Rule 916(3) of the Listing Manual. The shareholders’ loans referred herein have been extended by all the joint venture parties or shareholders in proportion to their respective equity interest in the joint venture and on the same terms and conditions, including the interest rate, if any, accrued or to be accrued on the shareholders’ loans. The above interested person transactions were carried out on normal commercial terms and were not prejudicial to the interests of the Company and its minority shareholders. CORPORATE GOVERNANCE REPORT CITY DEVELOPMENTS LIMITED 26
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