To comply with the regulations set by the Monetary Authority of Singapore (MAS) regarding the continuous enhancement of knowledge and skills in the REIT management industry, Capital Markets Services (CMS) Licensed Representatives participate in relevant courses organised by the REIT Association of Singapore (REITAS). These courses, which cover topics such as rules and ethics, contribute to Continuing Professional Development (CPD) training hours. The annual training roadmap covers a range of essential topics that allows employees to reach their full potential. In FY 2025, employees participated in: An average of over 24 hours of training each At least one learning event during the year >483 hours with 100% of employees attending at least one of ESG training 3% of annual payroll invested in training and development Encouraging Staff Volunteerism and Social Impact CLI champions staff volunteerism as a crucial element in cultivating a compassionate and inclusive community. The organisation offers employees up to three days of VSL annually, encouraging them to dedicate their time and skills to approved charitable initiatives, either via the CapitaLand Group’s philanthropic arm, CapitaLand Hope Foundation (CHF), or independently. Employees who utilise all three days of VSL are eligible to nominate a registered charity to receive a donation from CHF, in recognition of their volunteering efforts. Another aspect of company culture that enhances employee engagement and creates a positive working environment is the promotion of social events and team building activities. P lease refer to pages 35 and 41 for the various activities and celebrations that took place in FY 2025. Employee Empowerment The Manager fosters a collaborative approach to training, empowering employees to actively participate in developing their own learning plan. This strategy encourages employees to be proactive on their learning, fostering a culture of continuous growth and mutual responsibility. Training programmes are developed to enhance knowledge and skills vital for CLAR's overall performance, with support from CLI's Building Capabilities Framework (BCF). Established in 2019, the BCF seeks to cultivate a future-ready workforce capable of thriving in a rapidly evolving digital environment. CapitaLand’s in-house training hub, CLIMB, furnishes facilities and resources to meet the training and development needs of its staff. Enabling Thriving and Future-Adaptive Communities CapitaLand Ascendas REIT 32
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