CapitaLand Malaysia Mall Trust | Annual Report 2020

SUSTAINABILITY MANAGEMENT REPORTING SCOPE AND PERIOD This report covers CapitaLandMalaysiaMall Trust (CMMT)’s income-producing and geographically diversified portfolio of five shopping malls and a complementary office block from 1 January to 31 December 2020, unless otherwise indicated. The report forms part of CMMT’s Annual Report 2020, a copy of which can be downloaded from www.cmmt.com.my . BOARD STATEMENT CMMT places sustainability at the core of what we do. As a responsible real estate investment trust, CMMT contributes to the environmental and social well-being of the communities where our properties are located, as we delivery long-term economic value to our stakeholders. The Board sets CMMT’s risk appetite, which determines the nature and extent of material risks that CMMT is willing to take to achieve our strategic and business objectives. The risk appetite incorporates environment, social and governance (ESG) factors such as fraud, corruption and bribery, environment, health and safety. The Board also approves the executive compensation framework based on the principleof linkingpay toperformance. CMMT’s business plans are translated to both quantitative and qualitative performance targets, including sustainable corporate practices and are cascaded throughout the organisation. SUSTAINABILITY COMMITMENT As an externally managed real estate investment trust, CMMT is managed by CapitaLand Malaysia Mall REIT Management Sdn. Bhd. (CMRM or the Manager), a 70%-indirect subsidiary of CapitaLand Group (CapitaLand or CL Group). CMMT’s properties are managed by Knight Frank Property Management Sdn. Bhd. and Zaharin Nexcap Property Consultants Sdn. Bhd. (collectively known as Property Managers). The Manager and Property Managers are responsible for the property operations across CMMT’s portfolio, and abide by CapitaLand’s sustainability framework, policies, guidelines, as well as ethics and code of business conduct. In 2020, CapitaLand unveiled CapitaLand’s 2030 Sustainability Master Plan to elevate CL Group’s commitment to global sustainability in the built environment given its presence in more than 220 cities and over 30 countries. The Master Plan focuses on three key pillars to drive CapitaLand’s sustainability efforts in the ESG pillars, enabling CL Group to create a larger positive impact for the environment and society. › Build portfolio resilience and resource efficiency, › Enable thriving and future-adaptive communities as well as › Accelerate sustainability innovation and collaboration COMMITMENT TO OUR STAKEHOLDERS CAPITADNA Visions, Mission, Credo and Core Values CORE VALUES WINNING MINDSET | ENTERPRISING | RESPECT | INTEGRITY We develop high performing people and teams through rewarding opportunities. for our People Staff We deliver sustainable shareholder returns and build a strong global network of capital partners. for our Investors including business partners We create great customer value and experiences through high-quality products and services. for our Customers Tenants, shoppers, home owners, residents We care for and contribute to the economic, environmental and social development of communities. for our Communities Government agencies/ NGOs, general public, environment suppliers/ contractors 122 CAPITALAND MALAYSIA MALL TRUST • ANNUAL REPORT 2020