ESR AR 2019 EN

Board of Directors Date of first appointment as Director: 14 June 2011 Mr Jeffrey David Perlman was appointed as a Director on 14 June 2011 and was re-designated as a non-executive Director on 22 February 2019. He was appointed as our chairman on 20 May 2019. Mr Perlman joined Warburg Pincus LLC (“Warburg Pincus”) in 2006, and has been serving as Managing Director and Head of Southeast Asia since May 2016, leading Warburg Pincus’ investments in Southeast Asia in addition to focusing on real estate investments across the greater Asia-Pacific region. Mr. Perlman is also a member of Warburg Pincus’ Executive Management Group. Prior to joining Warburg Pincus, he worked in the Real Estate Investment Banking Group at Credit Suisse from July 2005 to August 2006. Mr Perlman is a director and member of the executive committee and the nomination and remuneration committee of ESR Funds Management (S) Limited (“ESR- REIT Manager”), the manager of ESR-REIT, a real estate investment trust listed on the Singapore Exchange Securities Trading Limited (Stock Code: J91U), since January 2017. Mr Perlman was also a director of Vincom Retail Joint Stock Company, a company listed on the Ho Chi Minh City Stock Exchange in Vietnam (Stock Code: VRE), from July 2013 to September 2017, and was re-appointed and served as a director during the period from February 2018 to July 2019. Mr Perlman graduated from University of Michigan in the United States in April 2005, where he obtained a bachelor’s degree in business administration from its Ross School of Business. Mr. Perlman is a director of certain companies controlled by a substantial shareholder (within the meaning of the SFO) of our Company. Date of first appointment as Director: 30 June 2011 Mr Jinchu Shen, also known as Jeffrey, is a co-founder of e-Shang Cayman Limited (“e-Shang”) and has been the co-CEO of our Group since June 2011. He was appointed as a director of e-Shang on 30 June 2011 and following the 2016 Merger, was appointed as a Director and is responsible for overseeing our Company’s overall operations and business development, leading regional growth strategies, and expanding our Company’s asset and fund management platforms. Mr Shen was re-designated as an Executive Director on 22 February 2019. Mr Shen has over 20 years of industrial real estate experience in China. Prior to co-founding our Group in June 2011, Mr Shen held a variety of roles, including Senior Vice President, at GLP Investment Management (China) Co., Ltd. (全球物流資產公司 (中國)) (formerly known as Prologis China) from January 2004 to September 2010, overseeing the Eastern China area. Mr Shen was the deputy director in DTZ Debenham Tie Leung International Property Advisers from June 2001 to December 2003 and prior to this, he was the assistant general manager of marketing at Shanghai Waigaoqiao Free Trade Zone Xin Development Co., Ltd from July 1995 to November 2000. Mr Shen was also a director of ESR-REIT Manager, the fund manager of ESR-REIT, from January 2017 to January 2019. Mr Shen graduated from the Shanghai Jiaotong University in China in July 1995, where he obtained a bachelor’s degree in technical economics. In July 2001, he obtained a master’s degree in business administration from Donghua University in China. Mr Jeffrey David PERLMAN, 36 Chairman and Non-executive Director Mr Jinchu SHEN, 47 Executive Director, Co-founder and Co-Chief Executive Officer 22 Focused