KEY ESG PERFORMANCE INDICATORS SUSTAINABILITY GOVERNANCE STRUCTURE Al-‘Aqar REIT’s Board of Directors (“the Board”) charts our sustainability direction, providing strategic direction on the REIT’s overall sustainability strategies and performance. Supported by both the Board Sustainability Committee (“BSC”) and the Sustainability Management Committee (“SMC”), the Board evaluates and approves proposed sustainability initiatives. Meanwhile, the Head of Departments and Project Owners convene to discuss the results of their monitoring efforts concerning sustainability initiative implementation and target achievement. Chaired by the CEO SUSTAINABILITY MANAGEMENT COMMITTEE Departments/ Project Owners/Leaders Service Providers BOARD SUSTAINABILITY COMMITTEE BOARD OF DIRECTORS SUSTAINABILITY GOVERNANCE STRUCTURE BOD BSC SMC Departments/ Project Owners/ Leaders • Has oversight of Damansara REIT Managers Sdn Bhd’s (“DRMSB”) sustainability strategies and key targets. • Ultimate statutory and fiduciary responsibility for decision-making relating to the functions and duties of the Committee. • Executes ESG initiatives and reports to SMC. • Assesses the effectiveness of the sustainable initiatives put in place, and monitors and maintains records on these initiatives. • Assists the Board in fulfilling their oversight responsibilities in relation to the Group’s objectives, policies, and practices in respect of sustainability and compliance with statutory requirements. • Develops, executes, monitors, improve and audits sustainability targets, policies, practices, working principles, and management systems regularly. • Identify emerging issues, their potential for impacting the business, and how the business should respond. • Ensures sustainability work plans are well-aligned with business needs. • Reports to the BSC on material sustainability matters quarterly. • Reviews the relevant policies and frameworks, as well as provide recommendations on the DRMSB’s policy and performance in relation to the environment, health, safety, and community relations. • Review the effectiveness of the system for monitoring compliance with laws and regulations, along with the results of the management’s investigation and follow-up on any instances of noncompliance. 48 SUSTAINABILLITY STATEMENTS 1 2 4 5 6 AL-`AQAR HEALTHCARE REIT ANNUAL REPORT 2023
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