OVERVIEW AND FINANCIAL REVIEW MARKET REVIEW LEADERSHIP STRUCTURE PROPERTY PORTFOLIO SUSTAINABILITY & GOVERNANCE FINANCIAL STATEMENTS AND OTHER INFORMATION 101 CDL HOSPITALITY TRUSTS Annual Report 2025 VISION MISSION SUSTAINABILITY VISION AND MISSION Establishing CDLHT as the premier hospitality and lodging platform with sustainable, innovative, and quality accommodation spaces, generating long-term value for our stakeholders To enable sustainable profitability by acting as responsible stewards of our environmental and social landscapes SUSTAINABILITY FRAMEWORK ENVIRONMENT Climate resilience and energy management VALUE Responsible investment and sustainable value GOVERNANCE Good governance and ethical business PEOPLE & COMMUNITY Enabling inclusiveness, safety, growth, and responsible partnerships Below is a table outlining a high-level summary of CDLHT’s short-term, medium-term, and long-term sustainability targets. Time Horizon Description of Target Short-term: Year 2026 5% - 7% reduction in energy and 2% - 7% reduction in water consumption, with FY 2019 as the comparative baseline. Medium-term: Year 2035 Reduce portfolio’s CO2 emissions by 20% or more by 2035 with FY 2025 as the comparative baseline. Long-term: Year 2050 Decarbonisation aligned with Science Based Targets initiative (“SBTi”) to achieve Net Zero by 2050. Accessibility and Feedback We have made this Sustainability Report available online on our corporate website at www.cdlht.com. In line with our environmental objective to conserve resources and minimise environmental impact, CDLHT will print only a limited number of the Annual Report (which includes the Sustainability Report). As we aim to continue progressing in our sustainability journey, we welcome any feedback or comments on our Sustainability Report. Please contact Mr Dominic Chen, Senior Manager, Asset Management at DominicChen@cdlht.com. The four core pillars are represented by 13 material ESG factors, with each comprising a set of actions and initiatives and, where relevant, annual performance targets. The Managers regularly review and validate these material ESG factors through the sustainability governance structure and stakeholder engagement processes, ensuring that CDLHT maintains a strong and comprehensive sustainability framework to achieve the goals. The following sections in this Report explain each of these items in depth. Delivering Value and Best Practices As part of a broader commitment to responsible investing and long-term value creation for stakeholders, CDLHT promotes ESG best practices across the portfolio through a diverse set of initiatives. By actively managing our assets and integrating ESG measures throughout the portfolio, we build a shared practice inventory that consolidates and distributes these positive efforts for implementation across the entire group. The environmental stewardship initiatives cover various aspects of building operations, including energy conservation, renewable energy sourcing, water conservation and waste reduction. These measures are being progressively implemented across all properties to meet and exceed ESG benchmarks for the portfolio’s ESG benchmarks while remaining aligned with industry best practices. OUR SUSTAINABILITY APPROACH Aligned with our sustainability vision and mission, CDLHT’s Sustainability Framework is built around four core pillars. These pillars reflect the priorities of our stakeholders’ priorities, guide our sustainability policies and initiatives, and help us drive meaningful impact across our material ESG factors.
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