SUSTAINABILITY BOARD STATEMENT The world is facing a full-blown climate emergency. Scientific assessments and reports increasingly warn that critical planetary boundaries are being breached and that global warming is pushing natural systems towards a “danger zone,” with many near tipping points. UNEP data confirmed that the window to keep global warming to just 1.5°C above preindustrial levels has closed, and that under current climate policies, the world is on track to warm by between 2°C and 3°C.1 Asia is home to almost 60% of the world's population and generates over 50% of global greenhouse gas emissions, making it the world's largest contributor to climate change.2 These implications are particularly profound, and the region’s response will shape its resilience and the global trajectory toward sustainability. Against this backdrop, the real estate sector must shift from being a contributor to the problem to instead being a primary architect of the solution. As a long-term advocate for sustainable development, CDL recognises that it posseses opportunities to lead the transition towards a low-carbon, resilient and nature1 For the first time, climate models show the 1.5°C goal is dead, The Economist, 4 Nov 2025 2 How corporate Asia sits at the centre of the climate crisis | World Economic Forum, Apr 2023 positive built environment. This commitment is reflected in its 19th CDL Integrated Sustainability Report, titled “Time for Impact - Future-Proofing Planet, People and Prosperity”. Zero in on Planet, People and Prosperity Since 1995, the Company's corporate ethos of “Conserving as We Construct” has guided how it builds, manages and operates. It has embedded sustainability at the core of its Growth, Enhancement, and Transformation (GET) strategy, integrating practical and forward-looking solutions across its portfolio. Anchored on four strategic pillars: Integration, Innovation, Investment, and Impact to achieve four strategic deliverables – Decarbonisation, Digitalisation and Innovation, Disclosure and Communication, and Defence through Risk Mitigation and Adaptation, sustainability is a cornerstone of CDL’s business strategy. It strengthens the Group’s risk management and creates long-term value through proactive adaptation, innovation, partnerships and transparent reporting. CDL’S VALUE CREATION MODEL A Two-Pillar ESG Disclosure & Reporting Framework, Capturing Value and Impact Embracing Major ESG Standards & Frameworks and 15 UN SDGs TOWARDS A NET-ZERO AND NATURE-POSITIVE FUTURE + Since 2008 IMPACT VALUE Build Sustainable Profitability while Conserving the Environment Build Quality, Green and Innovative Spaces Build Organisational Resilience and Employee Commitment Build Partnerships and Bonds with the Community ESG INTEGRATION SINCE 1995 FUTURE-PROOFING BUSINESS SUSTAINABILITY BLUEPRINT: CDL FUTURE VALUE 2030 COMMITMENT TOWARDS NET-ZERO CARBON CONSERVING AS WE CONSTRUCT SINCE 1995 INTEGRATED APPROACH SINCE 2015 FINANCIAL CAPITAL MANUFACTURED CAPITAL INTELLECTUAL CAPITAL SOCIAL & RELATIONSHIP CAPITAL HUMAN CAPITAL NATURAL CAPITAL 2-Pillar since 2023 Note: TCFD and CDSB have been subsumed into the ISSB IFRS S1 and S2 frameworks. 2005 2013 2016 2018 2010 2015 2020 2023 ANNUAL REPORT 2025 | 73
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