The Manager strives to develop, promote and maintain high standards of corporate governance as stipulated in the Code of Conduct and Business Ethics, which is applicable to all employees of the Manager. As part of a wider training initiative driven by ESR, a compliance training program was once again rolled out to educate and refresh our employees’ knowledge on the relevant laws, regulations and internal controls that apply to their day-to-day job responsibilities. During 2025, compliance training program required employees to complete training on six compliance topics including: Ethical Workplace Conduct, Data Protection and Privacy: Personal Data, Anti-Money Laundering: Beneficial Owner, Avoiding Conflicts of Interest and Anti-Bribery and Corruption: Refresher. During 2024, the compliance training program required employees to complete training on six compliance topics including: Individual Accountability, Preventing Financial Crime, Whistleblowing, Fraud, Operational Risk Management Essentials and Insider Trading/Global Trade Control Sanctions. During 2023, employees completed the following training modules: Business Gifts and Entertainment, Data Privacy, Sanctions, Conflicts of Interest and Fraud Prevention. In 2022, employees were required to complete training on the topics of Code of Conduct, Anti-Bribery and Anti-Corruption, ESG Investing, Anti-Money Laundering and Market Conduct. New employees who joined the Manager during the Reporting Year were also required to complete six induction courses. The robust training program is designed with the purpose of reducing organisational risks and boosting our stakeholders’ confidence in our business and operations and was mandatory for all employees.

Employees clocked an average of 17.7 training hours which included 8.25 hours on sustainability, compliance, cybersecurity, diversity, equity and inclusion topics and anti-corruption; with all employees trained.