AL-SALAM REIT ANNUAL REPORT 2023

LABOUR PRACTICES AND STANDARDS Upholding ethical labour practices is instrumental in building trust among employees, stakeholders and the community. Complying with established standards aligns with legal and regulatory requirements which contributes to attracting and retaining skilled personnel. Furthermore, by adhering to stringent labour practices, we ensure fair treatment and employee well-being, fostering a positive workplace culture. Our Approach The Manager adheres to the core tenets outlined in the Employment Act 1955, denouncing any manifestations of child labour, forced labour or bonded labour within our operations. This extends to fostering a respectful workplace that clearly opposes any form of sexual violence, harassment, humiliation or intimidation. We actively pursue individuals who are innovative and possess the right experience to contribute to our expanding team. Our talent management programme focuses on enhancing both organisational core competencies and position-specific skills. During the annual performance and career development reviews, employees are strongly encouraged to engage in open discussions with their supervisors about their performance, aspirations and training needs. The REIT promotes the exchange of talent and ideas, utilising the Human Resource functions to nurture our people. Furthermore, we also implemented talent development programmes that empower individuals to gain the necessary knowledge and skills for business excellence and unlocking their full potential. We prioritise our people's well-being by offering competitive remuneration packages, including medical coverage, insurance, dental care, paternal leave and pilgrimage leave. Our Performance I. Total employee strength 80 AL-SALĀM REIT STRONG SOCIAL RELATIONSHIPS ANNUAL REPORT 2023 2022 1 25 2021 2 23 2023 2 23 Contract Permanent Total number of employees

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