Engagement with Unitholders Principle 12: Regular communication with Unitholders and facilitates the participation of Unitholders during general meetings and other dialogues Communication with shareholders (Provision 12.1) The Manager is committed to keeping all unitholders and other stakeholders and analysts informed of the performance and changes in ECW or its business which would be likely to materially affect the price or value of the units, on a timely and consistent basis, so as to assist unitholders and investors in their investment decisions. Before the release of ECW’s quarterly results announcements, the Manager will keep unitholders informed on the expected date of the release of quarterly results announcements. At the AGM, a presentation is made to unitholders to update on ECW’s financial and operational performance. Similarly for EGM, a presentation on the subject matter will also be made to brief unitholders to keep them informed on the purpose and rationale for the resolutions which require unitholders’ approval. The presentation materials are made available on SGXNet and the Manager’s website for the benefit of unitholders. The Chairman of the meeting is tasked with facilitating constructive dialogue between the Unitholders and the Board, Management and the external auditors. Where appropriate, the Chairman invites management or Board Committee chairmen, to answer queries on matters related to their roles. Investor Relations Policy (Provisions 12.2 & 12.3) The Manager has an Investor Relations and Corporate Communications team which facilitates effective communication with Unitholders, analysts, fund managers and the media. The Manager actively engages with Unitholders and has put in place a Unitholders’ Communication and Investor Relations policy to promote regular, effective and fair communications with Unitholders. More information on the Manager’s investor and media relations with Unitholders can be found in the Stakeholders Engagement and Investor Relations section on page 38 of this Annual Report. Unitholders are notified in advance of the date of release of ECW’s financial results through an announcement via SGXNet. Managing Stakeholders Relationships Principle 13: Engagement with stakeholders Material stakeholder groups (Provisions 13.1) Management of stakeholder relationships (Provision 13.2) In keeping with its commitments to good corporate governance, the Manager has put in place a Sustainability Reporting Framework, which is published on the Manager’s website. In the report, the Manager focuses on ECW’s Economic, Social and Governance (“ESG”) impacts and its progress towards the goal of sustainable management of its property portfolio. The Manager has identified the following as their key stakeholders: • Unitholders; • Employees and workers; • Tenants; • Suppliers; • Local Communities; • Government; and • Non-profit Organisations ANNUAL REPORT 2024 59 CORPORATE GOVERNANCE
RkJQdWJsaXNoZXIy NTkwNzg=