BOARD OF DIRECTORS Executive Directors Kwek Leng Beng, Executive Chairman Sherman Kwek Eik Tse, Group Chief Executive Officer Lead Independent Director Lee Jee Cheng Philip Non-Executive Directors Philip Yeo Liat Kok, Non-Independent Ong Lian Jin Colin, Independent Daniel Marie Ghislain Desbaillets, Independent Chong Yoon Chou, Independent Chan Swee Liang Carolina (Carol Fong), Independent Tang Ai Ai Mrs Wong Ai Ai, Independent Tan Kian Seng, Independent AUDIT & RISK COMMITTEE Lee Jee Cheng Philip, Chairman Chong Yoon Chou Chan Swee Liang Carolina (Carol Fong) Tan Kian Seng NOMINATING COMMITTEE Ong Lian Jin Colin, Chairman Kwek Leng Beng Lee Jee Cheng Philip Chong Yoon Chou Tang Ai Ai Mrs Wong Ai Ai REMUNERATION COMMITTEE Chan Swee Liang Carolina (Carol Fong), Chairman Ong Lian Jin Colin Lee Jee Cheng Philip Daniel Marie Ghislain Desbaillets BOARD SUSTAINABILITY COMMITTEE Sherman Kwek Eik Tse, Chairman Daniel Marie Ghislain Desbaillets Chong Yoon Chou Tang Ai Ai Mrs Wong Ai Ai COMPANY SECRETARIES Yeo Swee Gim, Joanne Enid Ling Peek Fong SHARE REGISTRAR & SHARE TRANSFER OFFICE Boardroom Corporate & Advisory Services Pte. Ltd. 1 Harbourfront Avenue Keppel Bay Tower #14-07 Singapore 098632 Tel : +65 6536 5355 Fax : +65 6536 1360 REGISTERED OFFICE 9 Raffles Place #12-01 Republic Plaza Singapore 048619 Tel : +65 6877 8228 Fax : +65 6223 2746 Email : [email protected] INVESTOR RELATIONS Belinda Lee Head, Investor Relations & Corporate Communications Email : [email protected] AUDITORS KPMG LLP Public Accountants and Chartered Accountants, Singapore 12 Marina View #15-01 Asia Square Tower 2 Singapore 018961 (Partner-in-charge: Lo Mun Wai, appointment commenced from the audit of the financial statements for the year ended 31 December 2020) PRINCIPAL BANKERS Agricultural Bank of China Bank of America Merrill Lynch Bank of China Limited Bank of Communications Co., Ltd BNP Paribas China Construction Bank Corporation Crédit Agricole Corporate & Investment Bank Crédit Industriel et Commercial DBS Bank Ltd. Industrial and Commercial Bank of China Limited Malayan Banking Berhad Mizuho Bank, Ltd. MUFG Bank, Ltd. Oversea-Chinese Banking Corporation Limited Shanghai Pudong Development Bank Co., Ltd. Sumitomo Mitsui Banking Corporation The Hongkong and Shanghai Banking Corporation Limited United Overseas Bank Limited CORPORATE DIRECTORY AWARDS & ACCOLADES BUSINESS & PERFORMANCE1 PRODUCT1 • Building and Construction Authority (BCA) Awards 2023 - Quality Excellence Award Quality Champion - Design and Engineering Safety Award Whistler Grand • EdgeProp Singapore Excellence Awards 2023 - Top Developer - Whistler Grand Top Development Award Design Excellence Innovation Excellence Landscape Excellence Sustainability Excellence - Copen Grand Top Executive Condominium - Piermont Grand Top Executive Condominium - Tembusu Grand People's Choice Award • IDC Future Enterprise Awards 2023 - Best in Future of Customer Experience (Singapore) CDL Homes Sales - Best in Future of Customer Experience (Asia Pacific) CDL Homes Sales • SGBC-BCA Leadership in Sustainability Awards 2023 - Green Mark Super Low Energy – Platinum Lumina Grand Republic Plaza Tembusu Grand - Green Mark GoldPLUS The Myst • SGTech Techblazer Awards 2023 - Enterprise Best Adoption CDL Homes Sales • Singapore Business Review Technology Excellence Awards 2023 - Digital – Real Estate CDL Homes Sales • Bloomberg Gender-Equality Index (GEI) 2023 • HR Asia Best Companies to Work for in Asia 2023 • IR Magazine Awards – Southeast Asia 2023 - Best ESG Reporting (Mid-cap) • SIAS Investors’ Choice Awards 2023 - Shareholder Communications Excellence Award (Big-cap) • Singapore’s Best Employers 2023 - #166 out of 250 companies • Singapore Governance and Transparency Index (SGTI) 2023 - #5 out of 474 companies • The 16th Singapore HR Awards 2023 - Workplace Culture & Engagement – Silver Standard - Employee Experience & Well-being – Silver Standard • TIME World’s Best Companies 2023 - #131 out of 750 global companies SUSTAINABILITY2 • BT-UOB Sustainability Impact Awards 2023 - Impact Enterprise Excellence Award (Large Enterprise) • CDP - A List for Climate Change - A List for Water Security - Supplier Engagement Leaderboard 2023 • Great Companies for Dads Awards 2023 • Euronext VE Indices • FTSE4Good Index Series • Global 100 Most Sustainable Corporations in the World 2023 • Global Real Estate Sustainability Benchmark (GRESB) 2023 - #4 in Asia (Diversified – Office/ Retail); 5-star rating • ISS ESG - Prime rating • MSCI ESG Ratings 2023 - ‘AAA’ rating since 2010 • Royal Society for the Prevention of Accidents (RoSPA) Awards 2023 - Order of Distinction (for 18 consecutive Golds) • S&P Global Sustainability Yearbook 2023 • SGX iEdge SG ESG Leaders Index • STOXX® Global ESG Leaders Index 2023 • Sustainalytics 2023 - ESG Global 50 Top Rated - ESG Regional Top Rated - ESG Industry Top Rated • The Edge Singapore Billion Dollar Club - Best ESG Risk Ratings Award 1 Not exhaustive. For the full listing of CDL corporate and project awards, please refer to www.cdl.com.sg. 2 Not exhaustive. For the full listing of CDL sustainability awards, please refer to www.cdlsustainability.com. Tembusu Grand | Singapore Artist’s impression OVERVIEW 27 ANNUAL REPORT 2023 CITY DEVELOPMENTS LIMITED OVERVIEW 26
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