CORPORATE GOVERNANCE Composition of Board Committees in FY 2023 and as at the date of this Report Board Members Audit and Risk Committee (ARC) Executive Committee (EC)# Nominating and Remuneration Committee (NRC) Tan Beng Hai, Bob, Chairman – – C Teo Joo Ling, Serena, CEO – M – Sim Juat Quee Michael Gabriel C – – Chia Kim Huat M – – Deborah Lee Siew Yin1 M – M Ong Su Kiat Melvyn2 M – M Max Loh Khum Whai3 M – – Goh Soon Keat Kevin – C M Beh Siew Kim – M – Lui Chong Chee4 – – – Denotes: C – Chairman M – Member CEO – Chief Executive Officer # Given the nature and scope of the work of the EC, their business was discussed/transacted primarily through conference call, correspondence and informal meetings. 1 Ms Deborah Lee Siew Yin was appointed as a member of the NRC with effect from 1 January 2024. 2 Mr Ong Su Kiat Melvyn stepped down as Non-Executive Independent Director with effect from 1 January 2024 and relinquished his role as member of the ARC and member of the NRC on the same day. 3 Mr Max Loh Khum Whai was appointed as Non-Executive Independent Director and a member of the ARC with effect from 23 November 2023. 4 Mr Lui Chong Chee was appointed as Non-Executive Independent Director with effect from 1 February 2024. Attendance Record of Meetings of Stapled Securityholders, Boards and Board Committees in FY 20231 Boards3 ARC NRC AGM EGM No. of Meetings Held 7 5 2 1 1 Board Members Tan Beng Hai, Bob 100% N.A. 100% 100% 100% Teo Joo Ling, Serena 100% N.A. N.A. 100% 100% Sim Juat Quee Michael Gabriel 100% 100% N.A. 100% 100% Chia Kim Huat 100% 80% N.A. 100% 0% Deborah Lee Siew Yin 100% 80% N.A. 100% 100% Ong Su Kiat Melvyn 100% 100% 100% 100% 100% Max Loh Khum Whai2 100% N.A. N.A. N.A. N.A. Goh Soon Keat Kevin 100% N.A. 100% 100% 100% Beh Siew Kim 100% N.A. N.A. 100% 100% N.A.: Not applicable 1 All Directors are required to attend general meetings and Board and/or Board Committee meetings called, in person or via audio or video conference, unless required to recuse. Attendance is marked against the general meetings and Board and Board Committee meetings each Director is required to attend, and the percentage computed accordingly. 2 Mr Max Loh Khum Whai was appointed as Non-Executive Independent Director and a member of the ARC with effect from 23 November 2023. 3 Includes a Board Strategy meeting, a Business Plan & Budget meeting and an ad-hoc meeting. 134 CAPITALAND ASCOTT TRUST
RkJQdWJsaXNoZXIy NTkwNzg=