Date Event Announcement of Results: 10 August 2023 Announcement of First Half Year Results 28 February 2024 Announcement of Second Half Year and Full Year Results Record and Dividend Payment Dates: 8 June 2023 Record date for Preference Dividend^ 30 June 2023 Payment of Preference Dividend^ 21 August 2023 Record date for Special Interim Ordinary Dividend 5 September 2023 Payment of Special Interim Ordinary Dividend 19 December 2023 Record date for Preference Dividend^ 2 January 2024 Payment of Preference Dividend^ 6 May 2024 Record date for proposed 2023 Final Ordinary Dividend* 21 May 2024 Proposed payment of 2023 Final Ordinary Dividend* Shareholders’ Meeting: 24 April 2024 61st Annual General Meeting Notes: ^ The Preference Dividend is paid semi-annually in arrears. * The declaration and payment of the 2023 Final Ordinary Dividend is subject to the approval of Ordinary shareholders at the 61st Annual General Meeting. CALENDAR OF FINANCIAL EVENTS Financial Year Ended 31 December 2023 Date Event Announcement of Results: August 2024 Proposed Announcement of First Half Year Results February 2025 Proposed Announcement of Second Half Year and Full Year Results Shareholders’ Meeting: April 2025 62nd Annual General Meeting Financial Year Ending 31 December 2024 INVESTOR RELATIONS • DBS Vickers Pulse of Asia Conference 2023 • CDL FY 2022 Financial Results Briefing • Post FY 2022 Results Meeting hosted by Citi • 26th Credit Suisse Asian Investment Conference • CDL 60th Annual General Meeting • CDL Q1 2023 Operational Update • Citi Pan-Asia Regional International Conference 2023 2023 Investor Relations Events ACCOLADES In 2023, we are honoured to be recognised for our financial and corporate governance leadership, as well as IR communication efforts. Corporate governance excellence and driving sustainable shareholder returns is a key priority for the Group. CDL Group Chief Financial Officer (CFO) Ms Yiong Yim Ming was named the Best CFO (large-cap) at the Singapore Corporate Awards 2023 in recognition of her financial stewardship. CDL was also accorded the Shareholder Communications Excellence Award in the big-cap category at the Securities Investors Association (Singapore) (SIAS) Investors’ Choice Awards 2023. The award was presented to Ms Yiong (second from right) by representatives of the Institute of Singapore Chartered Accountants’ Council (right to left): President Mr Teo Ser Luck, Secretary Ms Judy Ng and Vice-President Mr Mohammad Shariq Sayeed Barmaky. Members of the media and covering analysts at the Group’s Diamond Jubilee Celebration on 4 September 2023. Pictured are CDL Group Chief Operating Officer Mr Kwek Eik Sheng (2nd row, 4th from right), CDL Group CFO Ms Yiong (2nd row, 5th from left) and CDL Head of IR & Corporate Communications, Ms Belinda Lee (1st row, 2nd from right). Share Ownership^ – Total: 906.9 million shares 23.7% 27.7% 48.6% Hong Leong Investment Holdings Pte. Ltd. Institutions Retail & Others* Notes: Excludes treasury shares * Including shares held by brokers and undisclosed holdings ^ As at 31 December 2023 Investor Type^ 5.2% 4.7% 4.1% 18.3% 10.5% 57.2% Singapore Rest of the world/ Unidentified holdings US UK Europe (ex UK) Asia (ex Singapore) Geographic Distribution^ CDL’s share price closed at $6.65 on 29 December 2023, due to dampened investor sentiment in developer stocks caused by Singapore’s latest property cooling measures and high interest rate environment. Based on the total dividend of 12.0 cents per share declared for FY 2023, CDL’s dividend payout ratio stands at 36%. 2023 Share Price Performance (Rebased) CDL 19.2% FTSE ST All-Share 1.0% Straits Times Index 0.3% 110% 105% 100% 95% 90% 85% 80% 75% 70% Jan Feb Mar Jul Oct Apr Aug Nov Dec May Sep $8.23 (30 Dec 22) $6.65 (29 Dec 23) • UBS OneASEAN Conference • Morgan Stanley ASEAN Conference 2023 • HSBC Property Tour: Tembusu Grand showflat • CDL 1H 2023 Financial Results Briefing • Citi ASEAN Financials and Real Estate Investment Forum 2023 • CDL Q3 2023 Operational Update 75 ANNUAL REPORT 2023 74 CORPORATE GOVERNANCE CITY DEVELOPMENTS LIMITED CORPORATE GOVERNANCE
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