BOARD STATEMENT The Board of Directors of the Company (“Board”) is pleased to present Yanlord’s ninth Sustainability Report. Yanlord remains steadfast in its commitment to delivering high-quality products and services that respond to the evolving expectations of our customers and stakeholders. Amid continued macroeconomic volatility and structural adjustments across the real estate and hospitality sectors, sustainability remains a core strategic priority guiding our business decisions and operations. We believe that our long-standing emphasis on quality, resilience, and responsible development positions Yanlord to navigate market cycles prudently while creating long-term value for our stakeholders. The Board has overall responsibility for the Group’s sustainability strategy and reporting, and oversees the integration of sustainability considerations into the Group’s strategic direction and key business decisions. Supported by the Risk Management and Sustainability Committee (“RMSC”), the Board oversees the identification, monitoring, and management of material ESG factors. Based on the materiality review conducted in FY 2025, the existing 12 material ESG topics were reaffirmed to remain relevant to Yanlord’s business and operating environment. The outcomes of the review were presented to the RMSC and subsequently to the Board, and it was determined that no changes to the material topics were required for the reporting period. In FY 2025, the operating environment for the real estate, property management, and hospitality sectors remained challenging, with varying conditions across markets. In the PRC, the property sector continued its structural readjustment, characterised by subdued transaction volumes, cautious homebuyer sentiment, and a continued policy focus on stabilising the market and promoting high-quality urban development. Policy measures introduced by national and local authorities to support housing demand, optimise supply structures, and encourage green and sustainable development have begun to provide gradual support to the sector. Within this context, Yanlord remained disciplined in project selection, maintained high standards in design and construction quality, and focused on meeting genuine end-user demand in core cities. In Singapore, the residential property market remained resilient amid a stable macroeconomic environment, supported by prudent regulatory measures and sustained underlying housing demand. The investment property and hospitality segments experienced gradual normalisation, with performance influenced by global economic uncertainty, evolving travel patterns, and operating cost pressures. Against this backdrop, Yanlord continued to focus on operational excellence, asset quality, and customer experience across its Singapore portfolio. Across all markets, our managed properties and hospitality businesses continued to prioritise service quality, operational efficiency, and customer satisfaction. In the hospitality segment, softer consumer sentiment and heightened competition reinforced the importance of cost discipline, differentiated offerings, and service innovation. Yanlord responded by strengthening operational management, enhancing guest experience, and deepening engagement with business partners, while upholding high standards of environmental stewardship and data protection. In this Sustainability Report 2025, we have enhanced the depth and clarity of our ESG disclosures, guided by the GRI Standards 2021. The report reflects our ongoing efforts to improve transparency in areas such as sustainability governance, climate-related considerations, supply chain management, and responsible business practices. While uncertainties persist across our operating environment, the Board remains cautiously confident in the resilience of Yanlord’s long-term fundamentals. We will continue to strengthen governance, prudently manage risks, and pursue sustainable growth opportunities aligned with our strategic priorities. Looking ahead, Yanlord remains committed to advancing its sustainability journey through continuous improvement, stakeholder engagement, and responsible development, as we work towards building resilient, inclusive, and sustainable communities over the long term. 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 8
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