SUSTAINABILITY REPORT 2023 43 SOCIAL HUMAN CAPITAL CLCT adopts CLI’s incentive system, which focuses on performance and is gender-agnostic. All employees, regardless of gender, are rewarded fairly based on merit, ability, and experience for comparable roles across the organisation. Job Creation and Employment CLCT is committed to providing meaningful jobs and talent mobility where employees are given opportunities to rotate across different job functions, subject to competency requirements and business needs. Employees who have reached the minimum retirement age may choose to continue working in accordance with our reemployment policy. Employees As at 31 December 2023, CLCT has a total headcount of 482 full-time and permanent employees. In 2023, CLCT’s new hire rate was 20.0% in Singapore and 8.2% in China, totalling 8.7% for both countries. New Hire – Total Employees Total New Hire Total Employees New Hire Rate Singapore 4 20 20.0% China 38 462 8.2% Total 42 482 8.7% New Hire – by Gender Employees Male Female Total Singapore 1 3 4 China 19 19 38 Total 20 22 42 New Hire – by Age Group Employees <30 years old 30–50 years old >50 years old Total Singapore 1 3 0 4 China 11 27 0 38 Total 12 30 0 42 In 2023, our employee turnover rate, including both voluntary and involuntary, was 10% in Singapore and 14.7% in China. This translates to a total turnover rate of 14.5% for both countries. Turnover – Total Employees Total Turnover Total Employees Turnover Rate Singapore 2 20 10.0% China 68 462 14.7% Total 70 482 14.5% Turnover – by Gender Employees Male Female Total Singapore 0 2 2 China 36 32 68 Total 36 34 70 Turnover – by Age Group Employees <30 years old 30–50 years old >50 years old Total Singapore 1 1 0 2 China 17 44 7 68 Total 18 45 7 70
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