ALIGNMENT OF ESG KEY PERFORMANCE INDICATORS TO REMUNERATION To further ensure commitment and involvement, CLAS has incorporated ESG key performance targets / indicators into remuneration for its staff, including top management. The performance on these performance targets have financial and non-financial consequences. • Environmental, Health and Safety (EHS)* • Stakeholder Engagement • Investment, Asset Management • Innovation • Enterprise Risk Management • Human Resource, Group Procurement, others CLI Sustainability Management Structure Business units and corporate departments covering Provide strategic oversight of ESG policies and integration CLI Board of Directors CLAS Boards of Directors Serve as sustainability champions (accountable for business unit/REIT's and business trust's performance) Strategy and Sustainability Committee (Board Committee) CLI Leadership Council (Comprising senior management) Business Unit/REIT and Business Trust Various Sustainability Work Teams/Committees comprising Staff Business Unit/REIT and Business Trust Sustainability Committee Drive implementation of initiatives under ESG pillars Provide management oversight of ESG implementation CLAS Sustainability Committee Chaired by: CEO of CLAS' Managers Comprising management of: CLAS’ Managers • Investment & Asset Management • Finance • Investor Relations & Sustainability CLAS’ Sponsor • Sustainability • Engineering & Technical Services Management and implementation of CLAS’ sustainability objectives and strategies CLAS Sustainability Management Structure CLAS Sustainability Working Committee Chaired by: Head, Investor Relations & Sustainability of CLAS’ Managers Comprising representatives from: • Sustainability • Engineering & Technical Services Staff * Includes EHS Internal Audit and Environmental Tracking System. SUSTAINABILITY REPORT 2023 14
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