Abbreviations

x KMP Key Management Personnel KPI Key Performance Indicator LR SGX-ST Listing Rules LTI Long-Term Incentive MAS Monetary Authority of Singapore MD Managing Director MHRC Management Human Resources Committee MI Minority Interest MR SGX-ST Mainboard Rules NC Nominating Committee NED Non-Executive Director NI-NED Non-Independent Non-Executive Director NRC Nomination and Remuneration Committee RC Remuneration Committee ROA Return on Assets ROCE Return on Capital Employed ROE Return on Equity RONA Return on Net Assets SAR Share Appreciation Rights SGX Singapore Exchange Limited SGX Mainboard SGX-ST Mainboard SID Singapore Institute of Directors STI Short-Term Incentive The Code The (Singapore) Code of Corporate Governance 2018 TOR Terms of Reference TSR Total Shareholder Return UK United Kingdom US United States WACC Weighted Average Cost of Capital