CapitaLand Integrated Commercial Trust - Sustainability Report 2023

ABOUT THE REPORT INTERNATIONAL STANDARDS AND GUIDELINES This SR is prepared in accordance with the GRI Standards 2021 and aligns with Monetary Authority Singapore (MAS) Guidelines on Environmental Risk Management for Asset Managers and complies with the SGX-ST Listing Manual Rules 711A and 711B. CICT adopts the GRI Standards for this SR due to its global recognition and coverage of sustainability disclosures pertinent to CICT’s business. This SR also incorporates elements of the Value Reporting Foundation Integrated Reporting Framework, references the UN SDGs and SASB real estate sector-specific standards, and TCFD. BOARD STATEMENT At CICT, sustainability is at the coreof everythingwe do. We are committed to growing in a responsible manner, delivering long-term economic value, and contributing to the environmental and social well-being of our communities. The operations of CICT’s properties are managed by the property managers (whichmainly comprise subsidiaries of CLI), in accordance with the propertymanagement agreements. The material ESG factors have been identified with set targets for 2030, considering CICT’s business focus and in alignment with the CLI 2030 SMP. Advancing towards a common set of goals, the CICTML Board has reviewed and endorsed the material ESG factors put up by the management team. CICT’s ESG plan and targets steer our efforts on a common course to maximise impact through building portfolio resilience and resource efficiency, enabling thriving and future-adaptive communities, and stewarding responsible business conduct and governance. The CICTML Board is responsible for overseeing the CICT’s sustainability efforts and takes these ESG factors into consideration when determining its strategic direction and priorities. The CICTML Board also approves the executive compensation framework based on the principle of linking pay to performance. The Manager’s business plans are translated to both quantitative and qualitative performance targets, including sustainable corporate practices. Our sustainability performance has consistently been well-regarded by global indices such as FTSE4Good Index Series. The Manager will continue to identify and adopt meaningful ESG practices and enhance sustainability in the real estate sector. 4 CAPITALAND INTEGRATED COMMERCIAL TRUST