OVERVIEW AND FINANCIAL REVIEW MARKET REVIEW LEADERSHIP STRUCTURE PROPERTY PORTFOLIO SUSTAINABILITY & GOVERNANCE FINANCIAL STATEMENTS AND OTHER INFORMATION 103 CDL HOSPITALITY TRUSTS Annual Report 2025 BOARDS BOARD SUSTAINABILITY COMMITTEES (BSC) SUSTAINABILITY WORKING COMMITTEE (SWC) OPERATIONS/FUNCTIONS SUSTAINABILITY OFFICER The Boards are responsible for reviewing and guiding all relevant sustainability matters to ensure our business strategies remain aligned with the objectives set. They also oversee and track the performance of our material ESG factors, including climate related considerations such as emission reduction efforts, climate action, and resilience planning. The BSCs were first formed in 2024 to further enhance our sustainability governance and better dedicate management capacity toward sustainability-related matters. The BSCs’ roles and responsibilities are formalised in the Terms of Reference (“TOR”), which include oversight of climate-related risks and opportunities. This ensures structured guidance on managing climate impacts and integrating resilience into CDLHT’s strategy. The BSCs work closely with the Sustainability Working Committee (“SWC”) and report directly to the Boards. The SWC, led by the CEO of the Managers, Mr. Vincent Yeo Wee Eng, brings together key personnel from various business functions. Under the BSCs’ oversight, the SWC manages CDLHT’s overall sustainability performance and drives strategies that integrate material ESG factors into daily operations. A dedicated Sustainability Officer supports these efforts by implementing green initiatives, tracking sustainability metrics, and frequently reporting to the SWC. To further strengthen sustainability and climate-related governance, ESG workshops and briefings conducted by external ESG consultants are made available to CDLHT’s Directors and senior management to deepen their understanding of environmental issues impacting the portfolio. CDLHT’s sustainability performance is supported by a portfolio-wide data capture and analysis system that is continually enhanced to collect comprehensive metrics from each property. This enables more effective monitoring, tracking, and identification of opportunities for improvement at the individual property level, ultimately strengthening sustainability performance across the entire portfolio. Sustainability Governance CDLHT maintains steady progress toward our sustainability goals through a strong governance structure that provides the Boards with comprehensive oversight of all sustainability initiatives and strategic priorities.
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