Whistle-Blowing Policy ECW has adopted a clear and trustworthy whistle-blowing policy to enhance overall enterprise risk management. Management has refined this policy during the current reporting period and communicated the updates to all employees. Employees are encouraged to report any concerns, including ethical breaches such as fraud, corruption, bribery, blackmail, criminal offenses, non-compliance with legal or regulatory requirements, miscarriage of justice, health and safety threats, and risks. The policy protects whistle-blowers from discrimination, retaliation, harassment, or reprisal. Whistle-blowers can directly contact the ARC Chairman via email, who will review all reports and direct an independent investigation as needed. Asset Improvements Quality property management is crucial for improving tenants’ leasing experiences, attracting and retaining key tenants, and generating sustainable returns for stakeholders. The Manager actively assesses the need for asset, facility, and equipment improvements, implementing upgrades and production innovation strategies to solidify our position in the e-commerce logistics market. In the past year, a rooftop photovoltaic power station with an installed capacity of approximately 4 MW was connected to the grid and passed inspection in December 2024. The system was developed under a leasing agreement signed earlier in the year and is expected to support internal energy needs and reduce carbon emissions. The Manager of ECW prioritizes workplace health and safety for employees, visitors, and customers through a robust health and safety promotion program, complying with relevant regulations in all operating countries. Occupational health and safety training is mandatory for all employees. In 2024, EC World REIT persevered in providing a secure and engaging work environment for our employees, as prioritising safety of our workers and employees is a top priority. We have ensured safety training is deployed to all our frontline workers and have accomplished our goal of carrying out an annual fire drill for front-line staffs. Environmental Initiatives The Manager recognizes that reducing energy use and GHG emissions positively impacts business performance through cost reductions and enhances market reputation. Energy usage and GHG emissions are evaluated through various initiatives and raising energy-saving awareness. Key initiative in the past year included: • Hengde Logistics Phase 1: Successfully completed grid connection and inspection of a rooftop photovoltaic power station with an installed capacity of approximately 4 MW. The Manager is aware of the risks and opportunities associated with energy use and GHG emissions. EC World REIT adopted the TCFD recommendations and met the requirements of SGXRegCo ahead of time by incorporating climate related financial disclosures based on TCFD recommendations from previous reporting year onwards. FY2024 marks the third year of ECW’s climate-related disclosures aligned with the TCFD framework, in line with Year 3 of SGX’s phased implementation approach. The REIT is progressively preparing for transition towards mandatory climate reporting under the IFRS Sustainability Disclosure Standards from FY2026. EC WORLD REIT 40 SUSTAINABILITY
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