ComfortDelGro Corp Ltd

**GOVERNING OUR SUSTAINABILITY AND RISK** A robust and well-established governance framework effectively mitigates our ESG risks and protects the opportunities we can capitalise on, thereby fostering sustainable and long-term growth within our organisation.. **SUSTAINABILITY GOVERNANCE STRUCTURE** Established in April 2021, our Board-level Sustainability Committee (SC) is chaired by Ms Jessica Cheam, a sustainability pioneer with two decades of experience in media, sustainable development and ESG issues globally. The SC is responsible for the oversight of ComfortDelGro's sustainability ambitions, strategies, and performance, including climate-related risks and opportunities. The oversight of the SC is supported by the Board as well as the Chairman, who is also a member of the committee. The SC meets and deliberates on sustainability matters at least every quarter to establish adequate and comprehensive management of our impacts on the economy, environment, and people. To ensure the SC has the necessary skills and expertise to manage and oversee issues pertaining to environmental, social and governance aspects of our business, the members are appointed based on their experience and knowledge on sustainability matters. The SC members are appointed by the Board, where each Director is subjected to rotational reappointment in accordance with the Company's Constitution. The appointment of the SC member terminates when the member ceases to be a Director, or as determined by the Board. Like other Board Committees, members of the SC may be rotated with new members to provide fresh perspectives and constructive debates to enhance the Board's ability to drive sustainability performance across the Group. Board members undertake sustainability training to keep themselves updated on upcoming sustainability issues. They also attend programmes that help them appreciate climate-related reporting, disclosure audits, and other ESG issues factors relevant to the business. These programmes include courses conducted by the Singapore Institute of Directors (SID), and are paid for by the Company, thus ensuring that all Board members maintain the relevant skills to oversee sustainability-related matters. The Board is updated a quarterly basis through the SC, where meetings include strategic discussions on how ComfortDelGro can better manage sustainability risk and opportunities. Any significant concerns or feedback from the SC are communicated to the Board. These quarterly meetings also include reviews by the Board, where they may approve and update any new developments and policies. The Board works closely with senior management, and is actively involved in developing ComfortDelGro's sustainability framework, strategies, policies, ESG targets, risk management and impact management frameworks among other climate and sustainability-related issues. Board members are also expected to exercise independent judgement and act in good faith to serve the best interests of the company and its stakeholders. Efforts are focused where the most impact is likely to be achieved, while longer term considerations will be addressed in due course. Oversight of sustainability related risks and opportunities ensures ESG considerations are included in all our decision making. To date, there have been no explicit trade-offs. Additionally, the Board is responsible for reviewing and approving ComfortDelGro's annual sustainability report, which includes our materiality assessment. The SC is apprised of the activities of the Management Sustainability Committee (MSC), chaired by our MD/Group CEO Mr Cheng Siak Kian, and includes key members of the Senior Management. The MSC is responsible for reviewing, reporting, and assessing ComfortDelGro's sustainability performance against the targets established by the Board, on a quarterly basis. Our Group Chief Sustainability Officer, Mr Jonathan Jong, oversees all sustainability-related matters. He is supported by the Group Sustainability Office and sustainability representatives from Business Units across the Group. Together, they assess and review ESG processes, identifying potential sustainability initiatives for implementation across the Group. The team uses internal tools and processes such as an ESG data collection and reporting dashboard, enterprise risk matrices, and regular progress meetings to ensure effective management of sustainability-related risks and opportunities, addressing any issues that may arise.

GOVERNING OUR SUSTAINABILITY AND RISK An established governance framework minimises our ESG risks and ensures opportunities are capitalised on, promoting long-term and sustainable growth within our organisation. **SUSTAINABILITY GOVERNANCE STRUCTURE** Our Sustainability Committee ("SC"), established in April 2021 and chaired by Ms Jessica Cheam, is responsible for maintaining oversight on ComfortDelGro's sustainability ambitions, strategies and performance. The efforts of the SC are supported by our Chairman, Mr Lim Jit Poh, who is also a member of the committee. ESG matters are deliberated by the Board level SC at least every quarter to ensure proper management of the impacts on the economy, environment, and people. The SC members are appointed based on their expertise and knowledge in sustainability matters, in relation to environment, social and governance; with access to expert advice through external consultants. review ESG progress, identifying potential sustainability initiatives for implementation across the Group and its Business Units. The Board works closely with senior management and is actively involved in developing ComfortDelGro's sustainability framework, strategies, policies, ESG targets, ESG risk management and impact management frameworks among other sustainability related issues. Furthermore, ESG factors have been integrated into executive compensation, driving positive ESG outcomes that benefit both shareholders and stakeholders. Board members are also expected to exercise independent judgement and good faith in the best interest of the company and its stakeholders. ESG matters are further communicated to the Board by the SC on a quarterly basis. These quarterly Board meetings involve active discussions in the development of strategies or policies on how ComfortDelGro can better manage the impacts on the economy, environment, and people including due diligence processes. Significant concerns or feedback from the SC are raised to the Board. Subsequently, quarterly reviews are conducted to approve and update any new developments and policies. The SC members are appointed by the Board. Each Director is subject to rotational reappointment in accordance with the Company's Constitution. The appointment of SC member terminates when the member ceases to be a Director or as determined by the Board. Like other Board Committees, the members of the SC may be rotated for new members to provide fresh perspectives and constructive debates to enhance the Board's ability to drive sustainability issues across the Group. The Board is responsible for reviewing and approving ComfortDelGro's sustainability report which includes our materiality assessment annually. The senior management, supported by our external consultant, performed an in-depth materiality exercise in accordance with GRI 2021 requirements and held internal board meetings to validate the prioritisation of material topics for 2022. The validation of material topics with the Board was also undertaken by two of our listed subsidiaries – SBS Transit Ltd and VICOM Ltd, and their results were also taken into consideration. As a result of the validation process, the senior management across each subsidiary subsequently submitted to our Board their list of material topics, informing ComfortDelGro's final ESG material topics. To ensure good corporate governance, our board and sustainability committee must avoid situations where their own personal or business interests may conflict or appear to conflict with the interests of the Group. Where a Director has a conflict of interest, or it appears that he/she might have a conflict of interest in relation to any matter, they must immediately declare his/her interest at a meeting of the Directors, or by giving written notice to the Company and recuse himself/herself from participating in the discussion or any decision-making. Similarly, our Management Sustainability Committee, overseen by the SC, is chaired by our MD/Group CEO Mr Cheng Siak Kian, and comprises key members of the Senior Management. This Committee reviews, reports, and assesses ComfortDelGro's sustainability performance against the targets established by the Board, on a quarterly basis. Sustainability is part of the Group Corporate Affairs Division, led by the Group Chief Corporate Affairs Officer, Ms Tammy Tan. Our Group Chief Sustainability Officer, Mr Jonathan Jong, oversees all ESG related matters. He is supported by the ESG Working Groups, which assess and The Board is evaluated annually via Board Performance Evaluation Forms, which are facilitated by the Company Secretary. Through the questionnaire, the Board's is assessed on its performance in overseeing the management of ComfortDelGro's impacts on the economy, environment, people, and also how well the Group's ESG strategies, sustainability developments, policies, and commitment are managed. Every year, one third of the Board of Directors, particularly, those who have served longest since their last re-election, will step down and stand for re-election at the Annual General Meeting ("AGM"). In addition, newly appointed directors will also step down at their first AGM since their appointment and stand for re-election.

Guided by our Board level Sustainability Committee, we have also progressed in our Task Force on Climate related Financial Disclosures ("TCFD") journey and published the first inaugural TCFD report in July 2022 ahead of the SGX climate reporting requirements. An updated TCFD report is to be expected in 2023. In effecting all the above, the Group remains active and committed in ensuring the longevity and sustainability of our world for future generations. [...] Our Sustainability Committee ("SC"), established in April 2021 and chaired by Ms Jessica Cheam, is responsible for maintaining oversight on ComfortDelGro's sustainability ambitions, strategies and performance. The efforts of the SC are supported by our Chairman, Mr Lim Jit Poh, who is also a member of the committee. ESG matters are deliberated by the Board level SC at least every quarter to ensure proper management of the impacts on the economy, environment, and people. The SC members are appointed based on their expertise and knowledge in sustainability matters, in relation to environment, social and governance; with access to expert advice through external consultants. [...] The Board works closely with senior management and is actively involved in developing ComfortDelGro's sustainability framework, strategies, policies, ESG targets, ESG risk management and impact management frameworks among other sustainability related issues. Furthermore, ESG factors have been integrated into executive compensation, driving positive ESG outcomes that benefit both shareholders and stakeholders. Board members are also expected to exercise independent judgement and good faith in the best interest of the company and its stakeholders. [...] ESG matters are further communicated to the Board by the SC on a quarterly basis. These quarterly Board meetings involve active discussions in the development of strategies or policies on how ComfortDelGro can better manage the impacts on the economy, environment, and people including due diligence processes. Significant concerns or feedback from the SC are raised to the Board. Subsequently, quarterly reviews are conducted to approve and update any new developments and policies. [...] Similarly, our Management Sustainability Committee, overseen by the SC, is chaired by our MD/Group CEO Mr Cheng Siak Kian, and comprises key members of the Senior Management. This Committee reviews, reports, and assesses ComfortDelGro's sustainability performance against the targets established by the Board, on a quarterly basis. [...] Sustainability is part of the Group Corporate Affairs Division, led by the Group Chief Corporate Affairs Officer, Ms Tammy Tan. Our Group Chief Sustainability Officer, Mr Jonathan Jong, oversees all ESG related matters. He is supported by the ESG Working Groups, which assess and review ESG progress, identifying potential sustainability initiatives for implementation across the Group and its Business Units.

**GOVERNING OUR SUSTAINABILITY** **AND RISK** Having a sound and established governance framework reduces our ESG risks and safeguards the opportunities we can capitalise on, thus promoting long-term and sustainable growth within our organisation. **SUSTAINABILITY GOVERNANCE** **STRUCTURE** Established in April 2021, our Board-level Sustainability Committee (SC) is chaired by Ms Jessica Cheam, a sustainability pioneer with two decades of experience in media, sustainable development and ESG issues globally. The SC is responsible for the oversight of ComfortDelGro's sustainability ambitions, strategies, and performance, including climate-related risks and opportunities. The oversight of the SC is supported by the Board as well as the Chairman, who is also a member of the committee. The SC meets and deliberates on sustainability matters at least every quarter to establish adequate and comprehensive management of our impacts on the economy, environment, and people. To ensure the SC has the necessary skills and expertise to manage and oversee issues pertaining to environmental, social and governance aspects of sustainability, the members are appointed based on their experience, knowledge on sustainability matters, and access to expert advice through external consultants. The SC members are appointed by the Board, where each Director is subjected to rotational reappointment in accordance with the Company's Constitution. The appointment of the SC member terminates when the member ceases to be a Director, or as determined by the Board. Like other Board Committees, members of the SC may be rotated with new members to provide fresh perspectives and constructive debates to enhance the Board's ability to drive sustainability performance across the Group. Board members are required to undertake sustainability trainings and update on recent sustainability issues. They are also encouraged to attend programmes that help them appreciate climate-related reporting, disclosure audits, and other social and environmental factors relevant to the business. These programmes could be either conducted by the Singapore Institute of Directors (SID) or others, and are paid for by the Company, thus ensuring that all Board members maintain the relevant skills to oversee sustainability-related matters. The Board is updated on sustainability matters on a quarterly basis by the SC, where meetings include discussions on the developments or changes to strategies or policies on how ComfortDelGro can better manage the impacts on the economy, environment, and people. Any significant concerns or feedback from the SC are similarly raised to the Board. These quarterly meetings also include reviews by the Board, where they may approve and update any new developments and policies. With updates from the SC, the Board works closely with senior management, and is actively involved in developing ComfortDelGro's sustainability framework, strategies, policies, ESG targets, ESG risk management and impact management frameworks among other climate and sustainability-related issues. Board members are also expected to exercise independent judgement and good faith in the best interest of the company and its stakeholders. To this point, efforts are focused where the most impact is likely to be achieved, while longer term considerations are dealt with in due course. While there are no explicit trade-offs in the oversight of sustainability related risks and opportunities, there is a strategic approach as to how these are addressed by the organisation. The Board is also responsible for reviewing and approving ComfortDelGro's annual sustainability report, which includes our materiality assessment. The SC also oversees the Management Sustainability Committee (MSC), chaired by our MD/Group CEO Mr Cheng Siak Kian, and comprises key members of the Senior Management. The responsibilities of the MSC includes reviewing, reporting, and assessing ComfortDelGro's sustainability performance against the targets established by the Board, on a quarterly basis. Our Group Chief Sustainability Officer, Mr Jonathan Jong, oversees all sustainability-related matters and is supported by the Group Sustainability Office and sustainability representatives from Business Units across the Group. Collectively they assess and review ESG processes, identifying potential sustainability initiatives for implementation across the Group and our Business Units. These working groups make use of internal tools and processes such as an ESG data collection platform and reporting dashboard, enterprise risk matrices, and regular progress meetings to ensure sound management of sustainability related risks and opportunities, addressing any specific items that may arise.

ComfortDelGro has established a governance framework that minimises our ESG risks and ensures opportunities are capitalised on, with the Board of Directors ("Board") taking overall responsibility in climate-related decision making. In efforts to provide the Board with necessary sustainability-related strategic insights and investment decisions, a Board-level Sustainability Committee ("SC") was established in April 2021. The SC is responsible for maintaining oversight on ComfortDelGro's sustainability ambitions, strategies and performances. ESG and climate-related risks matters are deliberated by the SC at least every quarter to ensure proper management of our climate-related goals. [...] ESG and climate-related risks are further communicated to the Board by the SC on a quarterly basis, which involves active discussions in the development of strategies, or policies on how ComfortDelGro can better manage any climate-related risks and opportunities. [...] The SC is supported by our Management Sustainability Committee, chaired at the top level by our Managing Director/ Group Chief Executive Officer ("CEO"), and comprises of senior management and CEOs of key Business Units. This Committee reviews, reports and assesses ComfortDelGro's sustainability performance against the targets established by the Board, on a quarterly basis. [...] ComfortDelGro's Group Chief Sustainability and Risk Officer ("GCSRO") is responsible for reporting on the progress against goals and targets for addressing climate-related issues, providing the Board and Sustainability Committee with regular reports, updates on climate-related issues and climate-related trends, as well as recommendations to address these trends. [...] The climate risk assessment was overseen by ComfortDelGro's TCFD working group which is comprised of the Group Sustainability Office, Group Risk Office, Group Finance Office and representatives from key Business Units. The working group members were selected with the required expertise and experience to ensure the processes for identifying and assessing climate-related risks and opportunities were appropriately aligned for ComfortDelGro. [...] Our Sustainability Committee is responsible for maintaining oversight of ComfortDelGro's sustainability ambitions, strategies and performance, including climate-related risks and opportunities. Decisions to mitigate, transfer and control ComfortDelGro's climate-related risks are managed by the Audit and Risk Committee that works closely with the Sustainability Committee. [...] ComfortDelGro's Board has overall risk governance responsibility and sets the tone for the Group as well as the respective entities. The Audit and Risk Committee ("ARC") assists the Board in maintaining risk management and internal controls oversight. The ARC also assists the Board in ensuring the Management establishes and enforces a sound system of risk management and internal controls to safeguard the Group's assets and Shareholders' interests, and that a robust system and processes is in-place to identify and manage risk enterprise-wide.

ComfortDelGro's Board and Sustainability Committee (SC) provide the corporate governance oversight to integrate Environment, Social and Governance (ESG) considerations into the Group's business strategy and all material sustainability issues. [...] The SC is responsible for the oversight of ComfortDelGro's sustainability ambitions, strategies, and performance, including climate-related risks and opportunities. The oversight of the SC is supported by the Board as well as the Chairman, who is also a member of the committee. [...] The SC meets and deliberates on sustainability matters at least every quarter to establish adequate and comprehensive management of our impacts on the economy, environment, and people. To ensure the SC has the necessary skills and expertise to manage and oversee issues pertaining to environmental, social and governance aspects of sustainability, the members are appointed based on their experience, knowledge on sustainability matters, and access to expert advice through external consultants. [...] The SC also oversees the Management Sustainability Committee (MSC), chaired by our MD/Group CEO Mr Cheng Siak Kian, and comprises key members of the Senior Management. The responsibilities of the MSC includes reviewing, reporting, and assessing ComfortDelGro's sustainability performance against the targets established by the Board, on a quarterly basis. [...] Our Group Chief Sustainability Officer, Mr Jonathan Jong, oversees all sustainability-related matters and is supported by the Group Sustainability Office and sustainability representatives from Business Units across the Group. Collectively they assess and review ESG processes, identifying potential sustainability initiatives for implementation across the Group and our Business Units. These working groups make use of internal tools and processes such as an ESG data collection platform and reporting dashboard, enterprise risk matrices, and regular progress meetings to ensure sound management of sustainability-related risks and opportunities, addressing any specific items that may arise.

Guided by our Board level Sustainability Committee, we have also progressed in our Task Force on Climate related Financial Disclosures ("TCFD") journey and published the first inaugural TCFD report in July 2022 ahead of the SGX climate reporting requirements. An updated TCFD report is to be expected in 2023. In effecting all the above, the Group remains active and committed in ensuring the longevity and sustainability of our world for future generations. [...] Our Sustainability Committee ("SC"), established in April 2021 and chaired by Ms Jessica Cheam, is responsible for maintaining oversight on ComfortDelGro's sustainability ambitions, strategies and performance. The efforts of the SC are supported by our Chairman, Mr Lim Jit Poh, who is also a member of the committee. ESG matters are deliberated by the Board level SC at least every quarter to ensure proper management of the impacts on the economy, environment, and people. The SC members are appointed based on their expertise and knowledge in sustainability matters, in relation to environment, social and governance; with access to expert advice through external consultants. [...] The Board works closely with senior management and is actively involved in developing ComfortDelGro's sustainability framework, strategies, policies, ESG targets, ESG risk management and impact management frameworks among other sustainability related issues. Furthermore, ESG factors have been integrated into executive compensation, driving positive ESG outcomes that benefit both shareholders and stakeholders. Board members are also expected to exercise independent judgement and good faith in the best interest of the company and its stakeholders. [...] ESG matters are further communicated to the Board by the SC on a quarterly basis. These quarterly Board meetings involve active discussions in the development of strategies or policies on how ComfortDelGro can better manage the impacts on the economy, environment, and people including due diligence processes. Significant concerns or feedback from the SC are raised to the Board. Subsequently, quarterly reviews are conducted to approve and update any new developments and policies. [...] Similarly, our Management Sustainability Committee, overseen by the SC, is chaired by our MD/Group CEO Mr Cheng Siak Kian, and comprises key members of the Senior Management. This Committee reviews, reports, and assesses ComfortDelGro's sustainability performance against the targets established by the Board, on a quarterly basis. [...] Sustainability is part of the Group Corporate Affairs Division, led by the Group Chief Corporate Affairs Officer, Ms Tammy Tan. Our Group Chief Sustainability Officer, Mr Jonathan Jong, oversees all ESG related matters. He is supported by the ESG Working Groups, which assess and review ESG progress, identifying potential sustainability initiatives for implementation across the Group and its Business Units.

ComfortDelGro has established a governance framework that minimises our ESG risks and ensures opportunities are capitalised on, with the Board of Directors ("Board") taking overall responsibility in climate-related decision making. In efforts to provide the Board with necessary sustainability-related strategic insights and investment decisions, a Board-level Sustainability Committee ("SC") was established in April 2021. The SC is responsible for maintaining oversight on ComfortDelGro's sustainability ambitions, strategies and performances. ESG and climate-related risks matters are deliberated by the SC at least every quarter to ensure proper management of our climate-related goals. [...] ESG and climate-related risks are further communicated to the Board by the SC on a quarterly basis, which involves active discussions in the development of strategies, or policies on how ComfortDelGro can better manage any climate-related risks and opportunities. [...] The SC is supported by our Management Sustainability Committee, chaired at the top level by our Managing Director/ Group Chief Executive Officer ("CEO"), and comprises of senior management and CEOs of key Business Units. This Committee reviews, reports and assesses ComfortDelGro's sustainability performance against the targets established by the Board, on a quarterly basis. [...] ComfortDelGro's Group Chief Sustainability and Risk Officer ("GCSRO") is responsible for reporting on the progress against goals and targets for addressing climate-related issues, providing the Board and Sustainability Committee with regular reports, updates on climate-related issues and climate-related trends, as well as recommendations to address these trends. [...] Our Sustainability Committee is responsible for maintaining oversight of ComfortDelGro's sustainability ambitions, strategies and performance, including climate-related risks and opportunities. Decisions to mitigate, transfer and control ComfortDelGro's climate-related risks are managed by the Audit and Risk Committee that works closely with the Sustainability Committee.

**GOVERNING OUR SUSTAINABILITY AND RISK** A robust and well-established governance framework effectively mitigates our ESG risks and protects the opportunities we can capitalise on, thereby fostering sustainable and long-term growth within our organisation.. **SUSTAINABILITY GOVERNANCE STRUCTURE** Established in April 2021, our Board-level Sustainability Committee (SC) is chaired by Ms Jessica Cheam, a sustainability pioneer with two decades of experience in media, sustainable development and ESG issues globally. The SC is responsible for the oversight of ComfortDelGro's sustainability ambitions, strategies, and performance, including climate-related risks and opportunities. The oversight of the SC is supported by the Board as well as the Chairman, who is also a member of the committee. The SC meets and deliberates on sustainability matters at least every quarter to establish adequate and comprehensive management of our impacts on the economy, environment, and people. To ensure the SC has the necessary skills and expertise to manage and oversee issues pertaining to environmental, social and governance aspects of our business, the members are appointed based on their experience and knowledge on sustainability matters. The SC members are appointed by the Board, where each Director is subjected to rotational reappointment in accordance with the Company's Constitution. The appointment of the SC member terminates when the member ceases to be a Director, or as determined by the Board. Like other Board Committees, members of the SC may be rotated with new members to provide fresh perspectives and constructive debates to enhance the Board's ability to drive sustainability performance across the Group. Board members undertake sustainability training to keep themselves updated on upcoming sustainability issues. They also attend programmes that help them appreciate climate-related reporting, disclosure audits, and other ESG issues factors relevant to the business. These programmes include courses conducted by the Singapore Institute of Directors (SID), and are paid for by the Company, thus ensuring that all Board members maintain the relevant skills to oversee sustainability-related matters. The Board is updated a quarterly basis through the SC, where meetings include strategic discussions on how ComfortDelGro can better manage sustainability risk and opportunities. Any significant concerns or feedback from the SC are communicated to the Board. These quarterly meetings also include reviews by the Board, where they may approve and update any new developments and policies. The Board works closely with senior management, and is actively involved in developing ComfortDelGro's sustainability framework, strategies, policies, ESG targets, risk management and impact management frameworks among other climate and sustainability-related issues. Board members are also expected to exercise independent judgement and act in good faith to serve the best interests of the company and its stakeholders. Efforts are focused where the most impact is likely to be achieved, while longer term considerations will be addressed in due course. Oversight of sustainability related risks and opportunities ensures ESG considerations are included in all our decision making. To date, there have been no explicit trade-offs. Additionally, the Board is responsible for reviewing and approving ComfortDelGro's annual sustainability report, which includes our materiality assessment. The SC is apprised of the activities of the Management Sustainability Committee (MSC), chaired by our MD/Group CEO Mr Cheng Siak Kian, and includes key members of the Senior Management. The MSC is responsible for reviewing, reporting, and assessing ComfortDelGro's sustainability performance against the targets established by the Board, on a quarterly basis. Our Group Chief Sustainability Officer, Mr Jonathan Jong, oversees all sustainability-related matters. He is supported by the Group Sustainability Office and sustainability representatives from Business Units across the Group. Together, they assess and review ESG processes, identifying potential sustainability initiatives for implementation across the Group. The team uses internal tools and processes such as an ESG data collection and reporting dashboard, enterprise risk matrices, and regular progress meetings to ensure effective management of sustainability-related risks and opportunities, addressing any issues that may arise. In 2019, ComfortDelGro implemented a Board Diversity Policy designed to achieve a balanced composition of skills, knowledge, experience, age, gender, nationality, ethnicity, and other diversity aspects within the Board. This approach avoids groupthink and bias, and instead fosters constructive debates, achieving effective decision making in the Group's best interests. According to the Board Diversity Policy, the Nominating and Renumeration Committee (NRC) will discuss and agree annually on the relevant measurable targets for promoting and achieving diversity in the composition of the Board and Board Committees. These targets, along with any recommendations, are then raised for the Board's consideration and approval. In relation to gender diversity, the Board ensures that both male and female candidates are considered when identifying suitable candidates for new Board appointments. Since 2022, the Board has adopted the guideline for at least one female Director to sit on each Board Committee, including the NRC. The Board is evaluated annually via Board Performance Evaluation Forms, facilitated by the Company Secretary. Through the questionnaire, the Board is assessed on ComfortDelGro's impacts on the economy, environment, society, and how well the Group's sustainability strategies, initiatives, policies, and commitments are managed. Every year, one third of the Board of Directors, particularly those who have served the longest since their last re-election, will step down and stand for re-election at the Annual General Meeting (AGM). Additionally, newly appointed directors will also step down at their first AGM following their appointment and stand for re-election. **BOARD INDEPENDENCE** At ComfortDelGro, our Board members exercise independent judgement in their decision-making processes to achieve the best business outcomes. Across the Board, our members prioritise the business success of ComfortDelGro by upholding integrity, professionalism, ethical behaviour, while also integrating sustainability considerations into their responsibilities. Our Board members are required to maintain sound corporate governance by avoiding situations where their personal or business interests may conflict, or appear to conflict, with the interests of the Group. Processes are in place to enable Directors to make necessary declarations and disclose any conflict of interest. In the event of a conflict or potential conflict of interest in relation to any matter, they must immediately declare their interest at a meeting of the Directors, or by giving written notice to the Company. Directors who might be in a position of conflict with any matter discussed at the Board or Board Committees may abstain and recuse themselves from discussions or voting on such matters. In 2023, the role of Deputy Chairman was established. The Deputy Chairman steps in as Acting Chairman when the Chairman is absent, or where the Chairman is personally interested or conflicted with regards to a motion that the Board or Directors are discussing. In its efforts to drive ethical business practices across our operational geographies, the Board regularly reviews the Company's business strategy, sustainability efforts and ambitions with Senior Management. GRI 405-1 Board Composition The roles and responsibilities of the Board entail: - Driving strategic objectives and direction with adequate emphasis on sustainability, innovation, and value creation for ComfortDelGro by exercising enterprising leadership and guidance. Additionally, the Chairman must ensure sufficient human and financial resources are available to attain these objectives. - Aiding in the development of financial authority limits and relevant risk management and control systems, whilst balancing between organisational performance and ComfortDelGro's risk appetite to protect the company and stakeholders against potential risks. - Monitoring and managing organisational performance whilst identifying appropriate areas for improvement - Determining relevant key stakeholders and ensuring their concerns are addressed in ComfortDelGro's strategies and management processes, whilst prioritising transparency and accountability - Enforcing ComfortDelGro's values, standards, policies, and procedures, whilst fostering an ethical corporate culture - Ensuring environmental, social and governance considerations are considered in the formulation and deployment of business strategies - Ensuring full participation of directors on sustainability trainings We also have various Board Committees to aid the Board in their decision making and the execution of sustainability duties. The Committees are as follows: - Audit and Risk Committee (ARC) - Nominating and Remuneration Committee (NRC) - Investment Committee (IC) which has been renamed Strategy & Investment Committee (SIC) - Sustainability Committee (SC) Further details pertaining to our corporate governance and risk management can be found in the ComfortDelGro Annual Report 2024. **2022** **2023** **2024** Percentage of independent and non-executive director 90% 90% 90% Percentage of non-independent and non-executive director - - Percentage of non-independent and executive director 10% 10% 10% GRI 405-1 Diversity of Board by Gender **2022** **2023** **2024** Female 30% 30% 30%

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]We actively engage local authorities to share experience and business considerations that may increase the take-up rates of electric vehicles. In Singapore, we successfully articulated the benefits of extending statutory lifespan of electric taxis from 8 to 10 years. This improved the commercial viability of electric taxis and we have since increased our electric taxi fleet.

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes