Material Risk Key Mitigating Actions Safety, Health & Well-being Increased expectations from stakeholders to provide a safe and healthy environment, including well-being, at our assets and operations. • Assess health and safety related risks in the evaluation of any new acquisitions. • Entrench a sustainable safety culture through deep safety capabilities, disciplined safety practices, and a progressive and pervasive safety mindset that drives key safety performance targets for both CICT Group and our supply chain. • Leverage CLI's well-established occupational health and safety management system which is externally certified to ISO 45001 in 19 countries. • For more information, please refer to CICT’s SR 2023. Sales & Leasing Risk Strong competition, poor economic and market conditions are some key factors that could result in key tenants not renewing their leases, adversely affecting the leasing performance of CICT Group’s properties. • Establish and maintain a diversified tenant base. • Proactive leasing strategy to ensure a diversified tenant base and a well spread lease expiry profile. • Achieve tenant retention and build loyalty with proactive tenant management and engagement to understand their business performance and leasing requirements. • Closely monitor tenants' sales performance and occupancy costs to ensure sustainable trade mix for CICT Group's retail properties. • Plan AEIs to maintain relevance and appeal of CICT Group’s assets. • Actively monitor relevant leasing transactions in the market to ensure rental competitiveness of CICT Group’s properties. 132 CAPITALAND INTEGRATED COMMERCIAL TRUST RISK MANAGEMENT
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