Corporate Governance

Corporate Governance Overview | Committee Composition
REPORT FOR THE PERIOD FROM 1 JANUARY 2013 TO 31 DECEMBER 2013

CapitaLand Limited (the Company, and together with its subsidiaries, the Group) observes high standards of corporate conduct which are in line with the Principles of the Code of Corporate Governance 2012 (the Code). The Company believes in developing and maintaining sound and transparent policies and practices to meet the specific business needs of the Group and to provide a firm foundation for a trusted and respected business enterprise. The Company remains focused on complying with the substance and spirit of the Principles of the Code while achieving operational excellence and delivering the Group’s long-term strategic objectives.

This report on the corporate governance practices for financial year 2013 (FY 2013) describes the Company’s application of good governance principles in building a company committed to integrity, transparency, excellence and its people. This application is underpinned by sound and robust systems of internal controls and accountability to promote and drive long-term sustainable growth and value for its shareholders.

The following sections outline the Company’s policies and practices on corporate governance. Where there is any material deviation from any Principle of the Code, an explanation has been provided within this report.

(A) BOARD MATTERS

Principle 1 : The Board's Conduct of Affairs
Principle 2 : Board Composition and Guidance
Principle 3 : Chairman and Chief Executive Officer
Principle 4 : Board Membership
Principle 5 : Board Performance
Principle 6 : Access to Information

(B) REMUNERATION MATTERS

Principle 7 : Procedures for Developing Remuneration Policies
Principle 8 : Level and Mix of Remuneration
Principle 9 : Disclosure on Remuneration

(C) ACCOUNTABILITY AND AUDIT

Principle 10 : Accountability
Principle 11 : Risk Management and Internal Controls
Principle 12 : Audit Committee
Principle 13 : Internal Audit

(D) SHAREHOLDER RIGHTS AND RESPONSIBILITIES

Principle 14 : Shareholder Rights
Principle 15 : Communication with Shareholders
Principle 16 : Conduct of Shareholder Meetings


ADDITIONAL INFORMATION

DEALINGS IN SECURITIES

DIRECTORS' REMUNERATION