KWEK LENG BENG Executive Chairman FIRST APPOINTMENT AS DIRECTOR 1 October 1969 APPOINTMENT AS EXECUTIVE CHAIRMAN 1 January 1995 LAST RE-ELECTION AS DIRECTOR 28 April 2022 Will be seeking re-election at the 2024 AGM BOARD COMMITTEES N PRESENT DIRECTORSHIPS IN OTHER LISTED COMPANIES* AND PRINCIPAL COMMITMENTS • Hong Leong Finance Limited* (Chairman/Managing Director) • Hong Leong Investment Holdings Pte. Ltd. (Executive Chairman) • Millennium & Copthorne Hotels Limited (Executive Chairman) OTHER APPOINTMENTS • Singapore Hotel Association (Member) • Singapore Institute of Directors (Fellow) PAST DIRECTORSHIPS IN OTHER LISTED COMPANIES* AND PRINCIPAL COMMITMENTS HELD IN THE PRECEDING FIVE YEARS • Millennium & Copthorne Hotels plc* (Non-Executive Chairman) (delisted and privatised in 2019 and now known as Millennium & Copthorne Hotels Limited) Mr Kwek has extensive experience in the real estate business. He joined City Developments Limited (CDL) in the late 1960s and since then has contributed significantly to building CDL’s six decades of track record. He grew the Group’s hospitality arm and has been actively involved in its development into Singapore’s largest international hotel group and one of the largest hotel owners and operators in the world. He also has extensive experience in the finance business, having grown with the original Hong Leong Finance Limited from day one, which has since merged its finance business with Singapore Finance Limited (now known as Hong Leong Finance Limited). He is also experienced in the trading and manufacturing sectors. Mr Kwek has received numerous accolades. In 1997, he was named “Businessman of the Year 1996” by Singapore Business Awards, organised by The Business Times and DHL. In 2012, he was jointly awarded the “Partners in the Office of the CEO” award in the Brendan Wood International – Securities Investors Association Singapore (SIAS) TopGun CEO Designation Award with the late Mr Kwek Leng Joo (former Deputy Chairman of CDL). This award is given to CEOs who are best in class as rated by shareholders. In 2014, he received the inaugural Real Estate Developers’ Association of Singapore (REDAS) Lifetime Achievement Award which honours a pioneering group of real estate leaders. KWEK LENG BENG Executive Chairman N ONG LIAN JIN COLIN Independent Non-Executive Director N R DANIEL MARIE GHISLAIN DESBAILLETS Independent Non-Executive Director R S SHERMAN KWEK EIK TSE Executive Director Group Chief Executive Officer S LEE JEE CHENG PHILIP Lead Independent Director A N R TANG AI AI MRS WONG AI AI Independent Non-Executive Director N S TAN KIAN SENG Independent Non-Executive Director A CHAN SWEE LIANG CAROLINA (CAROL FONG) Independent Non-Executive Director R A PHILIP YEO LIAT KOK Non-Independent Non-Executive Director CHONG YOON CHOU Independent Non-Executive Director A N S From left: BOARD OF DIRECTORS AS AT 22 MARCH 2024 He received the Singapore Chinese Chamber of Commerce and Industry (SCCCI) SG50 Outstanding Chinese Business Pioneers Award in 2015. The award honours the Republic’s outstanding Chinese business pioneers and their exemplary contributions to nation-building. That same year, he was accorded the Lifetime Achievement Award from Hotel Investment Conference Asia Pacific (HICAP). This accolade honours exceptional individuals who have distinguished themselves through accomplishments and contributions to the hotel industry. In 2017, he was presented the Lifetime Achievement Award at the Asia Pacific Entrepreneurship Awards organised by Enterprise Asia, a regional non-governmental organisation for entrepreneurship. The award was in recognition of outstanding achievements, visionary leadership and steadfast dedication that led to the successful growth of the Hong Leong Group for over five decades. That same year, he clinched the inaugural Global Blue Ocean Shift Award, given at the Global Entrepreneurship Community Summit in Kuala Lumpur. Mr Kwek was awarded the Singapore Tatler Diamond Award (Lifetime Achievement) 2018, in recognition of his exceptional leadership that led Hong Leong Group to grow into a globally diversified enterprise. In 2020, Mr Kwek received on behalf of Hong Leong Group, the EY Family Business Award of Excellence. It celebrated the Group’s successful, sustainable and long-term oriented strategy, effective and transparent corporate governance approach, and significant socio-economic contributions. Mr Kwek holds a law degree, LL.B. (London) and is a fellow of The Institute of Chartered Secretaries and Administrators as well as a member of the Singapore Institute of Directors. He was also conferred an Honorary Doctorate of Business Administration in Hospitality from Johnson & Wales University (Rhode Island, US) and an Honorary Doctorate from Oxford Brookes University (UK). COMMITTEE KEY: A Audit and Risk Committee N Nominating Committee R Remuneration Committee S Board Sustainability Committee Solid background signifies Chairman of Committee SHERMAN KWEK EIK TSE Executive Director and Group Chief Executive Officer FIRST APPOINTMENT AS DIRECTOR 15 May 2019 LAST RE-ELECTION AS DIRECTOR 28 April 2022 Will be seeking re-election at the 2024 AGM BOARD COMMITTEES S PRESENT DIRECTORSHIPS IN OTHER LISTED COMPANIES* AND PRINCIPAL COMMITMENTS • IREIT Global Group Pte. Ltd. (As manager of IREIT Global*) (Director) • CDL China Limited (Executive Chairman) OTHER APPOINTMENTS • Business China FutureChina Committee (Member) • Business China Go East Committee (Member) • Chinese Development Assistance Council (Member of Board of Trustees) • MOH Holdings' Healthcare Infrastructure and Planning Committee (Member) • National Youth Achievement Award (Member of Advisory Board) • Singapore Health Services Pte Ltd (Non-Executive Director and Chairman of Property Committee) PAST DIRECTORSHIPS IN OTHER LISTED COMPANIES* AND PRINCIPAL COMMITMENTS HELD IN THE PRECEDING FIVE YEARS • Nil Note: Hong Leong Investment Holdings Pte. Ltd. is the immediate and ultimate holding company of CDL. Hong Leong Finance Limited is a related company under the Hong Leong Group of companies. Millennium & Copthorne Hotels Limited is a subsidiary of CDL. CORPORATE GOVERNANCE 29 ANNUAL REPORT 2023 CORPORATE GOVERNANCE CITY DEVELOPMENTS LIMITED 28
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