IGB Real Estate Investment Trust

The Board is supported by HOC/CS, Tina Chan Lai Yin, a Fellow of the Institute of Chartered Secretaries and Administrators. HOC/CS has overall responsibility for the corporate secretarial administration matters and is directly accountable to the Board on all matters to do with the proper functioning of the Board. This includes supervising, monitoring and advising on governance matters and compliance by the Manager and IGB REIT with all legislation, rules and guidelines and disclosure requirements of various regulatory bodies, coordinating Board business and providing a point of reference for ensuring good information flow within the Board and its BCs, and between NEDs and Management, and performing such other duties of HOC/CS, as required under laws and regulations or as specified in the REIT Guidelines, CMSA and MMLR, or as required by Board Chairman or Directors (or any of them), as the case may be. HOC/CS works synergistically with Management in ensuring that necessary internal controls and procedures are in place so that regulatory compliance can be measured and monitored. In order to play an effective advisory role to the Board, HOC/CS remains informed of the latest regulatory changes, evolving industry developments and best practices in CG through continuous training. The appointment and removal of HOC/CS is a decision of the Board as a whole.

The Board is ultimately responsible for IGB REIT's sustainability strategy and performance. It sets the strategic direction and approves the risk strategy of the organisation, including risk appetite and policies. The Retail RMSC develops and reviews strategy and risk reports, and assists the Board by undertaking a supervisory role in the implementation of strategies and plans as agreed. It monitors performance and outcomes, and reviews any material risks, escalating issues to the Board as required. The Retail RMSC is chaired by the Chief Executive Officer, and includes the Joint Chief Operating Officers, the Head of Operations, and the Head of Investment. [...] The Board is kept regularly updated through the Retail RMSC which provides updates and review of sustainability policies and practices in place.

Sustainability Governance Structure **30** [...] **Retail Risk Management & Sustainability Committee** **("Retail RMSC")** [...] [Oversees the management of IGB REIT's material sustainability matters, including climate-related risks and opportunities. [...] Monitors the implementation of approved strategies and policies, as well as performance against targets set. [...] Assists management to develop sustainability strategies and policies to be recommended to the Retail RMSC and Board. [...] Evaluates overall sustainability risks and opportunities. [...] Undertakes the materiality assessment process. [...] Consolidates the sustainability report and data for the Retail RMSC and Board. [...] Coordinates with and provides support to Business Units in relation to the implementation of sustainability initiatives. [...] Executes sustainability actions and monitors performance against sustainability targets set. [...] Aligns operational procedures with IGB REIT's sustainability strategies.