The Board and management believe that sound corporate governance is fundamental to the integrity and sustainability of the Group’s business and performance. The Group’s corporate governance practices with reference to the principles and provisions set out in the Code of Corporate Governance issued by the Monetary Authority of Singapore dated 6 August 2018, as last amended on 11 January 2023, and the complementary Practice Guidance dated 14 December 2023 can be found in the “Corporate Governance” section of the Annual Report 2025, which is also made available on Yanlord’s website at http://www.yanlordland.com/corporate-governance/. Yanlord’s corporate governance structure is outlined on the right: BOARD OF DIRECTORS Total 7 Directors 4 Independent Non-Executive Directors (including Lead Independent Director) 3 Non-Independent Executive Directors Lead Independent Director Hee Theng Fong Key Role Oversees the business affairs and dictates the strategic direction and management of the Company as well as ensures that obligations to the Shareholders and other stakeholders are met CHAIRMAN AND CHIEF EXECUTIVE OFFICER Zhong Sheng Jian Key Role Leads the Board to ensure its effectiveness on all aspects of its roles and provides close oversight, guidance and leadership to Management EXECUTIVE DEPUTY CHAIRMAN Zhong Ming Key Role Oversees the execution of the Group’s overall strategies and its business operations and management AUDIT COMMITTEE RISK MANAGEMENT AND SUSTAINABILITY COMMITTEE NOMINATING COMMITTEE REMUNERATION COMMITTEE Chairman Teo Ser Luck 4 Independent Non-Executive Directors Key Role Assists the Board in discharging its responsibilities on matters relating to financial, accounting, auditing and internal controls and ensures that Management establishes and maintains an effective control environment within the Group Chairman Chua Taik Him 2 Independent Non-Executive Directors 1 Non-Independent Executive Director Key Role Assists the Board in ensuring the adequacy and effectiveness of risk management system of the Group as well as the appropriateness of the monitoring and management of sustainability matters including determining environmental, social and governance topics identified as material and relevant to the Group’s business and overseeing the Company’s approach to sustainability reporting Chairman Tan Chin Siong 3 Independent Non-Executive Directors 1 Non-Independent Executive Director Key Role Reviews and recommends to the Board on directors’ appointments and re-appointments, renewal of the Board or various Board Committees, succession plans for directors, the Chairman and CEO and other key management personnel and training and professional development programmes for directors, and formulates objective performance criteria and process for assessment of the effectiveness of the Board and each Board Committee as well as contribution by the Chairman and each individual director to the Board, while ensuring an appropriate level of independence and adequate diversity on the Board Chairman Hee Theng Fong 4 Independent Non-Executive Directors Key Role Reviews and recommends to the Board an appropriate framework of remuneration for the Board and key management personnel and specific remuneration package for each director and key management personnel that are proportionate to the sustained performance and value creation of the Group, while taking into account the strategic objectives of the Group RISK CONTROL AND MANAGEMENT DEPARTMENT EXTERNAL AUDITORS INTERNAL AUDIT DEPARTMENT GROUP STRATEGIC COMMITTEE Comprising four professional management sub-committees, namely, Investment Management Committee, Operational Management Committee, Financial Management Committee and Remuneration Committee, each of which is made up of top executives of business and support units Key Role Manages business operation activities and ensures adequacy and effectiveness of control procedures ESG TASK FORCE Comprising cross-functional team Key Role Supports the formulation and execution of practices and initiatives, as well as coordinates the communication with stakeholders both internally and externally, on various environmental, social and governance workstreams ESG MANAGEMENT COMMITTEE Head Zhang Hao Ning, Executive Vice President Members Designated senior management personnel Key Role Supports the Risk Management and Sustainability Committee in the aspect of sustainability, including formulating and supervising policies and implementing measures relating to sustainability issues as well as reviewing progress of sustainability plans and performance of sustainability targets 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 YANLORD LAND GROUP LIMITED SUSTAINABILITY REPORT 2025 17
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