FORWARD TOGETHER Directors’ Report 84 FIVE-YEAR FINANCIAL SUMMARY A summary of the audited consolidated results and the assets and liabilities of the Group for the last five financial years is set out on pages 240 to 242 of this annual report. The summary does not form part of the audited Consolidated Financial Statements. ENVIRONMENTAL POLICIES AND PERFORMANCE The Group is devoted to delivering a better and sustainable environment for the future of the society and the development of the Company. Details of our environmental policies and performance are disclosed in the “ESG Performance” on pages 44 to 50 of this annual report. COMPLIANCE WITH THE RELEVANT LAWS AND REGULATIONS The Group has put in place practices and policies to monitor compliance with the legal and regulatory requirements applicable to its operations, such as companies, foreign investment and securities laws in the jurisdictions in which the Group operates. During the year ended 31 December 2022, the Group had complied with the relevant laws and regulations that have a significant impact on the Group. KEY RELATIONSHIPS WITH STAKEHOLDERS The Group cares for the interests of its employees, customers and suppliers while pursuing its business growth strategies in a sustainable manner. The Group had 2,237 employees spanning 14 locations, namely Australia, the PRC, Hong Kong, India, Indonesia, Japan, Malaysia, New Zealand, Singapore, South Korea, Thailand, United Kingdom, United States of America and Vietnam, as at 31 December 2022. The Group provided competitive remuneration package to its employees and encouraged training programs to improve their knowledge and skills, and promoted cross-market and cross-cultural cooperation to nurture their sense of belonging to the Group. The Group’s customers are composed of tenants that require logistics and distribution facilities, funds and investment vehicles. The Group’s leading market positions enable it to provide its tenants with seamless regional solutions, and connecting its capital partners with a single interface to assess investment opportunities in the region. The Group’s suppliers primarily consist of construction contractors, property management companies, interior designers and commercial real estate brokers. The Group maintained close collaboration with its suppliers in delivering exceptional quality of facilities and services to its customers. In formulating and implementing its environmental, social and governance strategies, the Group engaged the stakeholders through various communication channels and activities. Further details are available in the “ESG Performance” on pages 44 to 50 of this annual report. MAJOR CUSTOMERS AND SUPPLIERS During the financial year ended 31 December 2022, the five largest customers of the Group accounted for less than 30% of the Group’s total revenue from sale of goods or rendering of services. During the financial year ended 31 December 2022, the largest supplier and the five largest suppliers accounted for 13% and 38%, respectively of the Group’s total purchases. None of the directors, their associates nor any shareholders (which to the knowledge of the directors own more than 5% of the number of issued shares of the Company) had any interests in any of the five largest suppliers of the Group.
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