Environmental, Social & Governance

The four-tier sustainability governance structure begins at the top with the Board of Directors of the Company (“Board”), which is ultimately responsible for the Company’s sustainability reporting. The Board maintains oversight on the business affairs and strategic directions of the Group as well as determining the material ESG topics pertinent to the Group’s business on an annual basis.

The Board is supported by the Risk Management and Sustainability Committee (“RMSC”) which ensures there is an appropriate focus on sustainability by management. RMSC oversees the ESG Management Committee which
comprises members of senior management personnel who formulate and supervise the policies and initiatives relating to Yanlord’s material ESG topics. Through the support of the ESG Task Force, the respective sustainability practices are shared across the respective departments and communicated to stakeholders.

Progress updates on the Sustainability Report are presented to RMSC and the Board for their consideration and approval. The progress updates include updates on the 10 material ESG topics that are pertinent to the Group’s
business for FY 2022.

More details are elaborated in the sustainability governance structure below

Four-Tier Sustainability Governance Structure