BOARD OF DIRECTORS AS OF 28 MARCH 2025 DANIEL MARIE GHISLAIN DESBAILLETS Independent Non-Executive Director FIRST APPOINTMENT AS DIRECTOR 20 November 2020 LAST RE-ELECTION AS DIRECTOR 26 April 2023 (Will be seeking re-election at the 2025 AGM) BOARD COMMITTEES A NR PRESENT DIRECTORSHIPS IN OTHER LISTED COMPANIES AND PRINCIPAL COMMITMENTS • FreshCreation Holdings Pte. Ltd. (Executive Chairman) • Salad Stop Pte. Ltd. (Executive Chairman) OTHER APPOINTMENTS • Nil PAST DIRECTORSHIPS IN OTHER LISTED COMPANIES AND PRINCIPAL COMMITMENTS HELD IN THE PRECEDING FIVE YEARS • Nil Mr Desbaillets has an extensive portfolio in the hospitality industry with 45 years of experience. He was appointed to the Board of Millennium & Copthorne Hotels plc (prior to its privatisation) in 2016 as an Independent Non-Executive Director and had served in the Audit & Risk, Remuneration and Risk Committees. In 2010, he was the Independent Non-Executive Director of M&C REIT Management Limited, the manager of CDL Hospitality Real Estate Investment Trust ("H-REIT") and also of M&C Business Trust Management Limited, the trustee-manager of CDL Hospitality Business Trust ("HBT") and had served in the Nominating and Remuneration Committees. Both H-REIT and HBT are comprised as a stapled group in CDL Hospitality Trusts, which is listed on the SGX-ST. Since 1973, he has been holding senior positions with international hotel chains including InterContinental Hotel Group, Hilton, Shangri-La, Millennium & Copthorne Hotels Group, Fullerton Hotels and Resorts and TCC Hotels Thailand and has worked in various countries around the world. His responsibilities in the Corporate offices included regional hotel operations, finance, marketing, human resource, food & beverage ("F&B") and asset management. Currently, Mr Desbaillets is the Executive Chairman of family-owned businesses in the F&B industry, FreshCreation Holdings Pte. Ltd. and Salad Stop Pte. Ltd., which have 86 outlets in Singapore, Indonesia, Philippines, Hong Kong, South Korea, Vietnam, Thailand and Spain that are owned, franchised and under joint ventures. He holds a Diploma in Commercial Studies from Ecole Benedict Geneva, Switzerland and a Certificate with Distinction in Service, Food Production and Administration from Lausanne Hotel School, Switzerland. CHONG YOON CHOU Independent Non-Executive Director FIRST APPOINTMENT AS DIRECTOR 20 November 2020 LAST RE-ELECTION AS DIRECTOR 26 April 2023 BOARD COMMITTEES S PRESENT DIRECTORSHIPS IN OTHER LISTED COMPANIES AND PRINCIPAL COMMITMENTS • Leanne Capital Pte. Ltd. (Founder/Director) OTHER APPOINTMENTS • Cerebral Palsy Alliance Singapore (Co-Opted Member of the Board) PAST DIRECTORSHIPS IN OTHER LISTED COMPANIES AND PRINCIPAL COMMITMENTS HELD IN THE PRECEDING FIVE YEARS • Ostrum Asset Management Asia Ltd. (Chief Investment Officer, Equities) Mr Chong started his career at Aberdeen Standard Investments (Asia) Limited in 1994 as an analyst and fund manager on Asian equities. He was later transferred to Sydney as Head of Australian Equities in 2001. Subsequently, he held roles in London, Edinburgh and Philadelphia as Head of Pan-European Equities and Head of Developed Markets ex-Asia, before returning to Singapore in 2008 as Investment Director where he oversaw equity investments in seven regional offices. He was also the Managing Director of Aberdeen Asset Management Malaysia. Throughout his stint with the company, Mr Chong was involved in many restructuring initiatives in Australia and Europe whilst spearheading investment teams in various M&A projects such as the acquisition of Edinburgh Fund Managers in 2005, Deutsche Asset Management UK in 2006, Philadelphia Nationwide Financial Service US in 2007 and Credit Suisse Asset Management in 2009. He was also responsible for setting up the group’s research systems and led in transition projects during Europe’s implementation of Markets in Financial Instruments Directive II (MiFID II). Mr Chong’s 29 years of extensive experience in managing assets and funds also included his management of Asian and Emerging market equities at Ostrum Asset Management Asia Ltd, part of the Natixis Investment Management group with US$1 trillion of funds under management. Mr Chong graduated from the London School of Economics with a Bachelor of Science (Economics) in Accounting & Finance, a Master of Science in Finance and a Master of Science in Information Systems. He is also a Chartered Financial Analyst and has Leadership Development certifications at Harvard Business School and INSEAD. In 2021, he completed the INSEAD International Directors Programme. Mr Chong is also a member of the Singapore Institute of Directors. Note: * Listed company CORPORATE GOVERNANCE CITY DEVELOPMENTS LIMITED 28
RkJQdWJsaXNoZXIy ODIwNTc=