81 Annual Report 2024 8 Figures may not add up due to rounding. CICT's Board diversity targets, plans and timelines for achieving those targets are described below. Diversity Targets, Plans and Timelines Targets Achieved / Progress Towards Achieving Targets Gender To have at least 2 female Directors on the Board during the period leading up to 2025. The Manager believes in achieving an optimum mix of men and women on the Board to provide different approaches and perspectives. Achieved As at the end of FY 2024, there were 4 female Directors (out of 9 Directors) on the Board. This represents 44.4% of the Board exceeding Singapore’s Council for Board Diversity’s recommended representation of 25% by 2025. GENDER DIVERSITY8 55.6% 44.4% Male - 5 Directors Female - 4 Directors Age To ensure that the Board comprises Directors across diverse age groups: (a) 50 years old & below; (b) 51 to 60 years old; and (c) 61 years old & above, and to maintain such level of age diversity during the period leading up to 2025. The Manager believes that age diversity would provide a broad spectrum of thoughts and views in Board and Board Committee deliberations. Achieved As at the end of FY 2024, the Board comprised Directors across all 3 age groups. AGE SPREAD8 33.3% 22.2% 44.4% 50 years old & below - 2 Directors 51-60 years old - 3 Directors 61 years old & above - 4 Directors Tenure To ensure that the Board comprises Directors across the following tenure groups: (a) less than 3 years; (b) 3 to 6 years; and (c) more than 6 years, and to maintain such level of tenure diversity during the period leading up to 2025. The Manager believes that tenure diversity would facilitate Board renewal progressively and in an orderly manner, whilst ensuring knowledge continuity about the Manager and its business operations and sustainability of corporate performance. Achieved As at the end of FY 2024, the Board comprised Directors across all 3 tenure groups. TENURE MIX8 22.2% 55.6% 22.2% 0-3 years – 2 Directors 3-6 years – 5 Directors More than 6 years – 2 Directors
RkJQdWJsaXNoZXIy NTkwNzg=