ANNUAL REPORT 2025 119 CORPORATE GOVERNANCE REPORT SUSTAINABILITY Sustainability Governance The Group’s sustainability governance structure provides a solid foundation for developing and delivering its commitment to sustainability, which is embedded at all levels of the Group, including the Board, the SC, the AC, the Sustainability Working Group as well as sustainability functions embedded across all core businesses. Sustainability Committee The SC is chaired by Ms. Edith Shih with Dr. Fong Chi Wai, Alex, Ms. Lee Tung Wan, Diana, Ms. Seah Bee Eng (alias Jennifer Loh) and Mr. Lee Kah Lup as members. The responsibilities of the SC are to propose and recommend to the Board on the Group’s corporate social responsibility and sustainability objectives, strategies, priorities, initiatives and goals. It oversees, reviews and evaluates actions taken by the Group in furtherance of the corporate social responsibility and sustainability priorities and goals, including coordinating with business divisions of the Group and ensuring that their operations and practices adhere to the relevant priorities and goals. The SC also reviews and reports to the Board on sustainability risks and opportunities as well as the sustainability reporting process, monitors and assesses emerging corporate social responsibility and sustainability issues and trends that could impact the business operations and performance of the Group. Moreover, it considers the impact of the Trustee-Manager’s corporate social responsibility and sustainability programmes on its stakeholders, including employees, unitholders, local communities and the environment and reviews and advises the Board on the Trustee-Manager’s public communication, disclosure and publications as regards to its corporate social responsibility and sustainability performance. The SC held two meetings in 2025 with 100% attendance. NAME OF MEMBER ATTENDED / ELIGIBLE TO ATTEND Ms. Edith Shih (Chairperson) 2/2 Dr. Fong Chi Wai, Alex 2/2 Mr. Lee Kah Lup 2/2 Ms. Lee Tung Wan, Diana 2/2 Ms. Seah Bee Eng (alias Jennifer Loh) 2/2 During 2025, the SC endorsed the 2024 Sustainability Report published in April 2025 and reviewed the sustainability KPIs and related activities, framework of the 2025 sustainability report and 2025 sustainability initiatives of HPH Trust. At its meeting in February 2026, the SC reviewed the 2026 sustainability initiatives of HPH Trust and endorsed the 2025 Sustainability Report, which will be published together with the 2025 Annual Report. Supporting the SC is the Sustainability Working Group, comprising the CEO and the CFO, as well as other senior executives from key business units and departments that impact the material sustainability issues of the Group. Sustainability is embedded in the risk management approach of the Group, through the bi-annual formal examination of all business divisions as to its respective material sustainability risks and presentations to senior management with plans on how these risks are managed as part of the bi-annual review of risk management and internal control systems. As an integral part of sustainability governance, these self-assessment results are subject to internal audits. For other sustainability aspects of the Group, please refer to the Sustainability Report set out on pages 26 to 92 of the Annual Report, which had been reviewed and approved by the SC at its meeting on 5 February 2026.
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