The Manager strives to develop, promote and maintain high standards of corporate governance as stipulated in the Code of Conduct and Business Ethics, which is applicable to all employees of the Manager. As part of a wider training initiative driven by ESR, a compliance training program was rolled out to educate and refresh our employees’ knowledge on the relevant laws, regulations and internal controls that apply to their day-to-day job responsibilities. During 2023, employees completed the following training modules: Business Gifts and Entertainment, Data Privacy, Sanctions, Conflicts of Interest and Fraud Prevention. In 2022, employees were required to complete training on the topics of Code of Conduct, Anti-Bribery and Anti-Corruption, ESG Investing, Anti-Money Laundering and Market Conduct.  The robust training program is designed with the purpose of reducing organisational risks and boosting our stakeholders’ confidence in our business and operations and was mandatory for all employees.

All permanent employees of the Manager undertook training during the 2023 Reporting Year, including 7.3 hours of training on sustainability, compliance and cybersecurity topics.