OCCUPATIONAL HEALTH AND SAFETY MANAGEMENT APPROACH Safeguarding the health and safety of our employees, tenants, residents, contractors, and visitors remains a top priority at Yanlord. We recognise that human capital is fundamental to organisational effectiveness and the long-term success of our business. A safe, healthy, and supportive work environment not only enhances employee morale and productivity but also contributes to higher retention rates and overall workforce well-being. In the PRC, we uphold stringent occupational health and safety standards across all construction sites, guided by comprehensive safety management protocols. These protocols include detailed emergency response plans, isolation procedures, and protective equipment requirements. Additionally, safety information is prominently displayed on notice boards at various worksites, ensuring clear and consistent communication with all onsite personnel. Across our properties in Singapore, we have implemented an Occupational Safety and Health (“OSH”) policy, which is made available to employees in three languages – English, Chinese and Malay. Our commitments are outlined below: • Uphold universal occupational safety & health standards by providing a firm framework for setting key OSH objectives • Never compromise on compliance with relevant regulations, legislations and other requirements • Improve the OSH management system through the involvement of relevant workers from all levels in the reviewing of existing processes as well as the setting of new processes • Train and educate all workers on workplace safety & health, and emergency preparedness • Eliminate hazards and reduce OSH risks in the workplace • Develop and promote a culture that supports a safe, secure and healthy workplace We have a customised OHS management system tailored to the needs and nature of each business segment. These systems are reviewed on a regular basis to ensure their relevance. Property Development The OHS system is developed based on relevant international frameworks and national regulations1. A three-level safety management system is in place to ensure safety at local city offices, and projects sites. The system takes on safety management processes such as pre-training, in-process inspections, and post-event evaluations. All project supervisors and general contractors are equipped with full-time safety management equipment. Managed Properties Our OHS management system is certified under the GB/T 45001-2020 / ISO 45001:2018 Occupational Health and Safety Management Systems standards2 in selected offices across the PRC. Our occupational health and management system tailored to the nature of work in the property services industry. Various supporting procedures have been implemented, such as risks and opportunities management control procedures, hazards identification and risks control procedures, etc. In Singapore, we have maintained ISO 45001:2018 certification across our Managed Properties since year 2019. Our Engineering and Distribution Divisions are BizSAFE Level 3 and BizSAFE STAR certified. Hotels & Serviced Apartments The OHS risks of IHG-managed hotels are managed in accordance with IHG’s OHS Safety Management System, based on a unified global risk management standard. The safety management system at ParcVue, our proprietary brand in the PRC, complies with the ISO 45001:2018 OHS international certification and standards and in conjunction with the safety management system of Park Avenue in Singapore, which is subject to an annual audit to ensure continued compliance with international occupational health and safety laws and regulations. Audit findings and recommendations are required to be implemented for continuous improvements. 1 Yanlord follows (but is not limited to) the following national and industry standards of the PRC: Unified Code for Technique for Constructional Safety (GB50870-2013), Technical Code for Safety of Construction Machinery (JGJ130-2001). 2 This certification is only applicable in our Shanghai, Nanjing, Chengdu, Shenzhen, Tianjin and Hainan offices. Contents Introduction Approach to Sustainability Upholding Good Governance Caring for Our Customers Empowering Our People Preserving Our Planet Creating Shared Value for Our Society GRI Content Index 52 Yanlord Land Group Limited Sustainability Report 2024
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