Investor Relations The Manager has in place an Investor Relations department which facilitates effective communication with Unitholders and analysts. The Manager also maintains the Website which contains information on CLCT including but not limited to its Prospectus, current and past announcements and news releases, financial statements, investor presentations and Annual Reports. The Manager actively engages with Unitholders with a view to solicit and understand their views, and has put in place a Unitholders’ Communication and Investor Relations Policy which allows for an ongoing exchange of views so as to promote regular, effective and fair communications with Unitholders. The Unitholders’ Communication and Investor Relations Policy, which sets out the mechanism through which Unitholders may contact the Manager with questions and through which the Manager may respond to such questions, is available on the Website. Unitholders are welcomed to engage with the Manager beyond general meetings and they may do so by contacting the Investor Relations department whose details may be found on the Website via the Manager Contacts channel on the Website. More information on the Manager’s investor and media relations efforts can be found in the Investor Relations section on pages 49 to 51 of this Annual Report. The Manager also has in place a corporate communications function supported by CLI’s Group Communications department which works closely with the media and oversees CLCT’s media communications efforts. Managing Stakeholder Relationships The Board’s role includes considering sustainability as part of its strategic formulation. The Manager adopts an inclusive approach for CLCT by considering and balancing the needs and interests of material stakeholders, as part of the overall strategy to ensure that the best interests of CLCT are served. The Manager is committed to sustainability and incorporates the key principles of environmental and social responsibility, and corporate governance in CLCT’s business strategies and operations. The Manager has arrangements in place to identify and engage with material stakeholder groups from time to time to gather feedback on the sustainability issues most important to them and to manage its relationships with such groups. Such arrangements include maintaining the Website, which is kept updated with current information, to facilitate communication and engagement with CLCT’s stakeholders. More details of CLCT’s sustainability approach, environmental policies and stakeholder engagements can be found on pages 96 to 102 of this Annual Report. ADDITIONAL INFORMATION Executive Committee In addition to the ARC and NRC, the Board has also established an EC. As at the date of this Annual Report, the EC comprises the CEO and two non-executive Directors, namely Ms Quah Ley Hoon (EC chairman) and Mr Puah Tze Shyang. The EC oversees the day-to-day activities of the Manager and that of CLCT, on behalf of the Board. The EC is guided by its terms of reference, in particular, the EC: (a) approves specific budgets for capital expenditure on development projects, acquisitions and enhancements/ upgrading of properties within its approved financial limits; (b) reviews management reports and operating budgets; and (c) awards contracts for development projects. The EC held one meeting in FY 2023 and the members of the EC also meet informally during the course of the year. ANNUAL REPORT 2023 139 Financials Framework Portfolio Performance Leadership Overview
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