THE MANAGERBoard of Directors

Bachelor of Business Administration (Honours), National University of Singapore
Master of Public Administration, Harvard University, USA
Advanced Management Program, Wharton Business School, University of Pennsylvania, USA

Date of first appointment as a Director: 1 August 2023
Date of appointment as Chairman: 23 April 2024
Length of service as a Director (as at 31 December 2024): 1 year 5 months

Board committee served on

• Nominating and Remuneration Committee (Chairman)

Present directorships in other listed companies

• Hong Leong Finance Limited

Present principal commitments (other than directorship in other listed company)

• CapitaLand China Trust Management Limited (Manager of CapitaLand China Trust) (Chairman)
• Gambling Regulatory Authority (Chairman)
• National Healthcare Group (Chairman)

Other major appointments

• MOH Holdings Pte Ltd (Director)
• Nomura Singapore Ltd (Chairman)
• Nomura Asia-Pacific Holdings Ltd (Director)
• Temus Pte Ltd (Director)

Past directorships in listed companies held over the preceding three years

• Chip Eng Seng Corporation Ltd¹

Background and working experience

• Executive Director of Chip Eng Seng Corporation Ltd (From February 2018 to January 2024)
• Commissioner of Inland Revenue, Singapore and Chief Executive Officer of Inland Revenue Authority of Singapore (From December 2014 to January 2018)
• Permanent Secretary of Ministry of Home Affairs, Singapore (From November 2011 to November 2014)
• Permanent Secretary of Ministry of National Development, Singapore (From April 2004 to October 2011)

Awards

• Public Administration Medal (Silver)
• Public Administration Medal (Gold)

1. Delisted from the official list of the Singapore Exchange Securities Trading Limited on 11 April 2023. Chip Eng Seng Corporation Ltd is now known as Acrophyte Pte Ltd.

Bachelor of Accountancy (First Class Honours), Nanyang Technological University of Singapore
Master of Business, Nanyang Technological University of Singapore
Chartered Financial Analyst® and Member, CFA Institute

Date of first appointment as a Director: 1 January 2025

Board committee served on

• Executive Committee (Member)

Present directorships in other listed companies

• Nil

Present principal commitments

• Chief Executive Officer and Executive Director, CapitaLand China Trust Management Limited (Manager of CapitaLand China Trust)

Past directorships in listed companies held over the preceding three years

• Nil

Background and working experience

• Deputy Chief Executive Officer, CapitaLand China Trust Management Limited (From September 2024 to December 2024)
• Managing Director, REIT Investments, CapitaLand Ascott Trust Management Limited (From April 2022 to August 2024)
• Head, Investment & Asset Management, Ascott Residence Trust Management Limited (From May 2019 to March 2022)
• Vice President, Business Development, CapitaLand Retail Management Pte. Ltd. (From January 2018 to April 2019)
• Vice President, Investment & Asset Management, CapitaLand Mall Asia Limited (June 2016 to December 2017)
• Vice President, Investment & Asset Management, CapitaLand Mall Trust Management Limited (January 2014 to May 2016)
• Head, Investment & Asset Management, CapitaLand Malaysia REIT Management Sdn. Bhd. (June 2011 to December 2013)

Bachelor of Commerce (Honours), Nanyang University, Singapore

Date of first appointment as a Director: 20 April 2017
Length of service as a Director (as at 31 December 2024): 7 years 8 months

Board committees served on

• Audit and Risk Committee (Chairman)
• Nominating and Remuneration Committee (Member)

Present directorships in other listed companies

• China Yuchai International Limited
• ValueMax Group Limited

Present principal commitments

• Nil

Past directorships in listed companies held over the preceding three years

• Nil

Background and working experience

• Managing Director of Octagon Advisors (Shanghai) Co Ltd (From March 2005 to November 2018)
• Managing Director (Advisory) of Octagon Advisors Pte Ltd (From January 2005 to 30 June 2021)
• Country Officer (China) and Head, Corporate Banking (Greater China) of United Overseas Bank Ltd (From July 2001 to January 2005)
• General Manager (Leasing and Corporate Services) of Sino Land Co Ltd (From January 1994 to August 1996)
• Managing Director of DBS Bank Ltd. (was with DBS Bank group of companies from January 1976 to December 1993 and from August 1996 to July 2001 where he held various senior management positions)

Bachelor of Science (Estate Management) (First Class Honours), National University of Singapore
Master in Business (Finance), Indiana University, USA
PhD in Finance, Indiana University, USA
Chartered Financial Analyst® and Member, CFA Institute

Date of first appointment as a Director: 1 January 2022
Length of service as a Director (as at 31 December 2024): 3 years

Board committee served on

• Audit and Risk Committee (Member)

Present directorships in other listed companies

• Nil

Present principal commitments

• National University of Singapore (Professor of Real Estate)

Past directorships in listed companies held over the preceding three years

• Nil

Background and working experience

• Member, Valuation Review Board of Singapore (From 2024 to present)
• Assessor, Land Acquisition Appeals Board (From 2020 to present)
• Vice President, Investment Management of Overseas Union Bank (From 1991 to 1992)
• Senior Investment Officer, Equities, Government of Singapore Investment Corporation (GIC) (From 1986 to 1990)
• Assessor, Property Tax of Inland Revenue Authority of Singapore (From 1984 to 1986)

Member, Institute of Singapore Chartered Accountants
Fellow, Association of Chartered Certified Accountants, United Kingdom
Senior Accredited Director, Singapore Institute of Directors

Date of first appointment as a Director: 1 May 2022
Length of service as a Director (as at 31 December 2024): 2 year 8 months

Board committee served on

• Audit and Risk Committee (Member)

Present directorships in other listed companies

• Plato Capital Limited

Present principal commitments

• Nil

Past directorships in listed companies held over the preceding three years

• Nil

Background and working experience

• Chief Financial Officer of Frasers Centrepoint Asset Management Ltd (From May 2012 to July 2021)
• Member of Financial Reporting Technical Advisory Panel, Accounting and Corporate Regulatory Authority (From April 2015 to October 2019)
• Chief Financial Officer of Frasers Property Limited, China (From November 2008 to April 2012)
• Financial Controller of Frasers Property Limited, China (From October 2006 to October 2008)
• Senior Finance Manager of Keppel Land Limited, Shanghai (December 2002 to September 2006)

Fellow, Association of Chartered Certified Accountants, United Kingdom
Fellow, Institute of Singapore Chartered Accountants
Senior Accredited Director, Singapore Institute of Directors

Date of first appointment as a Director: 1 October 2023
Length of service as a Director (as at 31 December 2024): 1 year 3 months

Board committee served on

• Audit and Risk Committee (Member)

Present directorships in other listed companies

• Nil

Present principal commitments

• Asia Philanthropic Ventures Pte Ltd (Director)
• Singapore Pools (Private) Limited (Director, Chair of Audit and Risk Committee, Member of Nomination Committee)
• Tote Board, Singapore (Member of Audit and Risk Committee)
• United Nations Entity for Gender Equality and the Empowerment of Women (UN-Women), New York (Chair of the Advisory Committee on Oversight)

Past directorships in listed companies held over the preceding three years

• Nil

Background and working experience

• Worked with Standard Chartered Bank Singapore from 1989 to 2015 where she held various regional head and leadership roles in the global audit, compliance and operational risk functions
• Regional Head of Audit, ASEAN of Standard Chartered Bank Plc (From Mar 2011 to Nov 2015)
• Regional Head of Compliance and Assurance, SEA of Standard Chartered Bank Plc (From Nov 2007 to Feb 2011)
• Regional Head of Governance Audit, SEA of Standard Chartered Bank Plc (From Jan 2005 to Oct 2007)
• Regional Head of Financial Markets Audit, SEA and Asia of Standard Chartered Bank Plc (From Jan 1995 to Dec 2005)

Degree of Bachelor of Accountancy (Honours), The University of Singapore (now known as the National University of Singapore)

Date of first appointment as a Director: 1 January 2025

Board committee served on

• Audit and Risk Committee (Member)

Present directorships in other listed companies

• Nil

Present principal commitments

• Nil

Past directorships in listed companies held over the preceding three years

• Japan Hotel REIT Advisors Co., Ltd. (Asset Manager of Japan Hotel REIT Investment Corporation)

Background and working experience

• Partner & Managing Director of SC Capital Partners Pte Ltd (From September 2008 to August 2023)
• Chief Executive Officer-Designate of Stonegate China Properties Limited (From 2007 to 2008)
• Managing Director of SC Capital Partners Pte Ltd (From June 2006 to November 2007)
• Chief Executive Officer of Hong Leong – Ace Investment Management Ltd (From 2005 to 2007)
• Board Member, Managing Director and Head of Investment Management of Rodamco Asia (From 1995 to 2004)
• Head of Hong Kong and China investments of GIC Real Estate (was with GIC Real Estate from 1988 to 1995 where he held various senior management positions)

Master of Economics, University of Pantheon Sorbonne, France
Bachelor of Science (Major Psychology), University of Southern Queensland, Australia
Master of Business Administration, IMD Business School, Switzerland

Date of first appointment as a Director: 16 June 2023
Length of service as a Director (as at 31 December 2024): 1 year 7 months

Board committees served on

• Executive Committee (Chairman)
• Nominating and Remuneration Committee (Member)

Present directorships in other listed companies

• Nil

Present principal commitments

• CapitaLand Investment Limited (Group Chief Corporate Officer)

Other major appointments

• French Alumni (President)
• National Healthcare Group Pte Ltd (Director)
• SPH Media Holdings Pte Ltd (Director)

Past directorships in listed companies held over the preceding three years

• Nil

Background and working experience

• Chief People & Culture Officer of CapitaLand Investment Limited (From December 2022 to April 2023)
• Chief Executive of Maritime and Port Authority of Singapore (From January 2019 to September 2022)
• Chief Editor of Channel NewsAsia, MediaCorp Pte Ltd (From January 2013 to June 2018)
• She has more than 15 years of work experience in the public sector, working in various ministries on economic, environmental and social policies.

Awards

• Public Administration Medal (Silver) by the Singapore Government (2017)
• Knight of the French Order of the Legion of Honor (Chevalier de la Legion d’Honneur) by the French Government (2022)

Master of Engineering (First Class Honours) Degree in Electrical and Electronic Engineering, Imperial College of Science, Technology and Medicine, University of London, UK
Executive Master of Business Administration (Honours) Degree, The University of Chicago Booth School of Business, USA

Date of first appointment as a Director: 26 October 2021
Length of service as a Director (as at 31 December 2024): 3 year 2 months

Board committee served on

• Executive Committee (Member)

Present directorships in other listed companies

• Nil

Present principal commitments

• CapitaLand Investment Limited (Chief Executive Officer, China)

Other major appointments

• ULI China Mainland Executive Committee (Member)

Past directorships in listed companies held over the preceding three years

• Nil

Background and working experience

• Chief Executive Officer, Investment & Portfolio Management, China of CapitaLand Group (From July 2019 to September 2021)
• Chief Investment Officer, China of CapitaLand Group (From April 2015 to June 2019)
• Chief Executive Officer of CapitaLand Township (From April 2011 to March 2015)

Bachelor of Accountancy (Honours), Nanyang Technological University of Singapore
Chartered Financial Analyst® and Member, CFA Institute

Date of first appointment as a Director: 1 April 2017
Length of service as a Director (as at 31 December 2024): 7 years 9 months

Board committee served on

• Executive Committee (Member)

Present directorships in other listed companies

• Nil

Present principal commitments

• CapitaLand Investment Limited (Group Chief Risk Officer)

Other major appointments

• Real Estate Investment Trust Association of Singapore (REITAS) (Treasurer)

Past directorships in listed companies held over the preceding three years

• Nil

Background and working experience

• Chief Executive Officer and Executive Director, CapitaLand China Trust Management Limited (manager of CapitaLand China Trust) (From April 2017 to December 2024)
• Chief Executive Officer (Designate) of CapitaLand Retail China Trust Management Limited (March 2017)
• Deputy Chief Executive Officer of CapitaLand Retail China Trust Management Limited (From December 2016 to February 2017)
• Regional General Manager, North China of CapitaMalls Asia Limited (now known as CapitaLand Mall Asia Limited) (From March 2014 to February 2017)
• Regional Deputy General Manager, North China of CapitaMalls Asia Limited (From July 2013 to February 2014)
• General Manager, Investment & Asset Management, North China of CapitaMalls Asia Limited (From September 2011 to July 2013)
• Deputy Head, Investment & Asset Management of CapitaMalls Asia Limited (From April 2010 to September 2011)
• Vice President, Investment & Asset Management of CapitaRetail China Trust Management Limited (From October 2008 to December 2014)
• Senior Manager of CapitaRetail China Trust Management Limited (From January 2007 to September 2008)
• Senior Manager of CapitaMall Trust Management Limited (From July 2005 to December 2006)
• Vice President, Wholesale Banking (Real Estate) of Standard Chartered Bank (From 2001 to 2005)
• Assistant Manager of KPMG (From 1997 to 2001)