Distribution Policy ESR-REIT’s distribution policy is to distribute at least 90% of its annual distributable income, comprising income from the letting of its properties after deduction of allowable expenses. The actual level of distribution will be determined at the Manager’s discretion taking into account the needs of ESRREIT for capital expenditure, working capital requirements and the liquidity position of ESR-REIT. Since its listing in 2006, ESR-REIT has distributed 100% of its taxable income to its Unitholders. Principle 12 & 13: Engagement with Unitholders and Other Stakeholders The Manager upholds a strong culture of regular and timely disclosure and transparent communication with Unitholders, the investing community and other stakeholders. The Manager’s disclosure policy requires timely and accurate disclosure of financial results and material information relating to ESRREIT by way of announcements on the SGXNet and ESR-REIT’s website. In addition to the release of mandatory financial results within the relevant periods prescribed by the Listing Manual, the Manager also provides interim updates to keep all Unitholders and other stakeholders informed of ESRREIT’s performance and latest corporate developments on a timely and consistent basis. Investor Relations The Manager facilitates the participation of shareholders during general meetings and other dialogues to allow shareholders to communicate their views on various matters affecting the company. The Manager has in place a dedicated investor relations team to facilitate effective communications with Unitholders, investors, the investment community, analysts and the media. The Manager actively engages with Unitholders and other stakeholders with a view to solicit and understand their views, and has established an Investor Relations and Corporate Communication Policy to promote regular, effective and fair communication with Unitholders and other stakeholders. ESR-REIT’s website allows Unitholders and other stakeholders to access ESR-REIT’s latest information such as announcements, financial statements, investor presentations, annual and sustainability reports. The website provides visitors with the option to sign up for a free email alert service to receive real-time notification of new information posted on the website or provide any feedback via the electronic feedback form. In addition, the Manager also provides the specific investor relations contact on the website to allow Unitholders and other stakeholders to ask questions and receive responses in a timely manner. More information on how the Manager communicates with the Unitholders and other stakeholders is set out on pages 40 to 44 of the Annual Report, under “Investor Engagement”. Material Stakeholders The Board adopts an inclusive approach by considering and balancing the needs and interests of material stakeholders, as part of its overall responsibility to ensure that the best interests of the company are served. The Manager has arrangements in place to identify and engage with its material stakeholder groups and to manage its relationships with such groups. The Manager discloses in its Sustainability Report (Stakeholder Engagement section) its strategy and key areas of focus in relation to the management of stakeholder relationships during the reporting period. In the report, the Manager focuses on ESR-REIT’s Environment, Social, and Governance (“ESG”) management, targets and performance for FY2025. The Board has set a strategic direction in ensuring good corporate governance, prudent financial management, fair employment practices and efficient utilisation of resources. The Manager believes in the importance of integrating sustainability into its business strategies and operations in delivering stable and long-term value for its stakeholders and Unitholders. The Manager has identified the following as ESR-REIT’s key stakeholders: Investment Community, Board of Directors/BSC, Government Agencies and Industry Organisations, Existing and Potential Tenants, Local Communities, Management Team and Employees. For FY2025, the Manager’s strategy is to continue to ensure active engagement and frequent communication with the relevant stakeholders through the various engagement channels including meetings, industry forums and dialogues, general meetings and announcements, investor conferences, feedback channels, site visits and orientation and training programs. The area of focus is to understand the stakeholders’ concerns and issues which are of relevance to the material ESG factors. More information on how the Manager engages with its material stakeholder groups and manages its relationships is set out in ESR-REIT’s Sustainability Report. The Manager is committed to upholding ESR-REIT’s sustainability practices and creating value for its stakeholders. For more details on ESR-REIT’s ESG journey, please refer to our Sustainability Report available on our website: https:// esr-reit.listedcompany.com/ar.html. DEALINGS IN SECURITIES In compliance with Rule 1207(19) of the Listing Manual, the Manager has established a Policy on Dealing in Securities, setting out the guidelines for dealing in ESR-REIT units by the Directors and employees of the Manager. The Directors and employees of the Manager are discouraged from dealing in ESR-REIT units on short-term considerations. They are also expected to observe the insider trading laws at all times and are strictly prohibited to deal in ESR-REIT units in the following instances: i. during the period commencing two weeks prior to the announcement of ESR-REIT’s business updates for 111 ESR-REIT ANNUAL REPORT 2025
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