CEO’S REMUNERATION CEO’S REMUNERATION TABLE FOR FY 2023 Components of remuneration Remuneration Salary and employer’s CPF Bonus and other benefits inclusive of employer’s CPFi Award of Unitsii Total CEO Tan Tze Wooi 41% 27% 32% 100% Remuneration band for CEO: Above $1,000,000 to $1,250,000 i The amounts disclosed include bonuses earned which have been accrued for in FY 2023. ii Includes contingent performance Unit awards made during the year pursuant to the Performance Unit Plan (PUP) which are subject to the achievement of pre-determined performance conditions and vesting period. Also includes time-based deferred units awarded pursuant to the Restricted Unit Plan as part of the FY 2023 performance bonus. NON-EXECUTIVE DIRECTORS’ REMUNERATION TABLE FOR FY 2023 Components of Directors’ feesi,ii (S$) Board Members Cash component Unit componentii Total (S$) NON-EXECUTIVE DIRECTORS Soh Kim Soon 118,400 29,600 148,000 Neo Poh Kiat 102,400 25,600 128,000 Kuan Li Liiii 92,000 0 92,000 Ong Seow Eng 73,600 18,400 92,000 Tay Hwee Pio 73,600 18,400 92,000 Tan Tee Howiv 19,786 4,946 24,732 Wan Mei Kitiv 11,898 2,974 14,872 Lim Cho Pin Andrew Geoffreyv N.A.vii N.A.vii N.A.vii Quah Ley Hoonvi N.A.vii N.A.vii N.A.vii Puah Tze Shyang N.A.vii N.A.vii N.A.vii Aggregate of remuneration for Non-Executive Directors: S$591,604 Denotes: N.A. – Not Applicable i Inclusive of attendance fees for overseas meeting (if any) of (a) S$3,000 per trip for travel within the region; and (b) S$10,000 per trip for travel outside the region. ii Each non-executive Director (save for non-executive Directors who are employees of CLI group) shall receive up to 20% of his or her Director’s fees in the form of Units (subject to truncation adjustments). The remainder of the Director’s fees shall be paid in cash. No new Units will be issued for this purpose as these Units will be paid by the Manager from the Units it holds. iii Ms Kuan Li Li retired from the Board and ARC with effect from 1 January 2024. Fees are received by Ms Kuan fully in cash. iv Mr Tan Tee How was appointed to the Board on 1 August 2023 and Ms Wan Mei Kit was appointed to the Board on 1 October 2023. Fees received by Mr Tan and Ms Wan are pro-rated accordingly. v Mr Lim Cho Pin Andrew Geoffrey retired from the Board, EC and NRC with effect from 16 June 2023. vi Ms Quah Ley Hoon was appointed to the Board, EC and NRC on 16 June 2023. vii Non-executive Directors who are employees of CLI group do not receive Directors’ fees. ANNUAL REPORT 2023 145 Financials Framework Portfolio Performance Leadership Overview
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