58 | CITY DEVELOPMENTS LIMITED Shareholder Communication (Provision 12.1) Shareholders and investors can contact the Company or access information via its corporate website (www.cdl.com. sg), which has a dedicated ‘Investor Relations’ (“IR”) section that provides, inter alia, information on the Board of Directors, Management team, the Company’s Corporate Governance Reports, Sustainability Reports, Annual Reports, Corporate Policies, Announcements, Press Releases and Financial Results released by the Company on SGXNet, as well as other information relevant to investors. In addition, the Company leverages other communication platforms, including its online newsroom (www.cdl.com.sg/ newsroom) and social media channels such as LinkedIn, X and Instagram, to provide the latest updates on the Group’s business and performance milestones. Investors can subscribe to email alerts via the Company’s corporate website or follow its social media channels for updates on its latest news. The Board Chairman and the ExCo conduct briefings with sell-side analysts and the media during the release of the Group’s half year and full year financial results. Shareholders and investors can attend a live webcast of these financial results briefings on the Company’s corporate website. The presentation materials for these briefings are also released on SGXNet and the Company’s corporate website. Additionally, the ExCo and Senior Management actively engage in IR by regularly meeting with fund managers and analysts, and participating in local and overseas investor roadshows and conferences. The Head of IR and Corporate Communications manages the Group’s IR function, which includes engaging with the financial community, research analysts and other relevant stakeholders. Investor Relations (IR) Policy (Provisions 12.2 and 12.3) The Company is committed to building investor confidence and trust, and values open communication with shareholders and the investment community. Its IR Policy, available on the Company’s corporate website (www.cdl.com.sg), outlines the processes and mechanisms for engaging stakeholders, including the communication channel for queries. The IR Policy outlines the principles and framework for how the Company communicates and engages with investors, analysts and other IR stakeholders to provide balanced, clear and pertinent information. To enhance investors’ understanding of the Group’s business and growth drivers, regular updates on its strategies, operations and financial performance are provided across multiple platforms. Further information on the Company’s IR policy and activities can be found on pages 70 to 71 of the annual report. Principle 13: Engagement with Stakeholders Sustainability Since 2014, the Company started conducting materiality assessments annually which are facilitated by a third party, to determine the key economic, environmental, social and governance (“EESG”) issues that are important to the Company’s stakeholders. These issues are foundational to the Company’s sustainability strategy, focus and mid-term target setting in its annual sustainability reporting. Corresponding EESG targets, metrics, initiatives, and progress are reviewed by the ExCo, Senior Management and Heads of Departments (“HODs”), and reported to the BSC before they are published annually in the Company’s Integrated Sustainability Report (“ISR”). In 2025, in alignment with the IFRS S1 and S2, the Company continued its double materiality assessment looking at both impact and financial materiality, including climate-related risks and opportunities (CrROs) affecting the organisation’s financials. CDL’s stakeholders, including the Company’s ExCo, senior management and staff, ranked 16 prioritised ESG issues based on both impact and financial materiality. Online surveys were circulated to key stakeholder groups, including the BSC. More than 425 responses were received. Interviews with selected management staff of CDL headquarters and key subsidiaries, investors, regulators, industry and sustainability experts, tenants and suppliers, provided insights into how CDL can manage and strategically address its ESG issues. The preliminary material issues were validated by the Company’s ExCo, senior management and key executives from business units and were reviewed by the BSC thereafter. With the ever-evolving business landscape and externalities, the annual assessment of CDL’s key material issues is critical to help the Group sharpen its sustainability strategy and focus resources on areas that are deemed most material to its business and future growth using a forward-looking lens. On a quarterly basis, CDL publishes an online Sustainability Report on its microsite at www.cdlsustainability.com. Since 2017, this voluntary initiative updates stakeholders of CDL’s progress towards key goals and targets set under its Future Value 2030 Sustainability Blueprint, and sets benchmarks for the transparency and timeliness of ESG disclosures to investors and stakeholders. The BSC assists the Board in the review and consideration of the Company’s sustainability issues and approach to sustainability reporting, complementing the Company’s corporate business strategy. During the year under review, the BSC had comprised five Directors, of which four are independent Directors, namely Mrs Carol Fong in the Chair, Mr Chong Yoon Chou, Ms Jennifer Young and Ms Wong Su Yen, together with CDL’s Group CEO. CORPORATE GOVERNANCE
RkJQdWJsaXNoZXIy ODIwNTc=