Corporate Governance

The Manager adopts the Singapore Code of Corporate Governance 2018 issued by the MAS on 6 August 2018 (the “Code”) as its benchmark for corporate governance policies and practices and is committed to complying with the substance and spirit of the Code. The Manager's Corporate Governance Report describes the main corporate governance policies and practices of the Manager with reference to the Code, and to the extent that there are any deviations from the Code, explanations are provided for such deviation, together with details of the alternative practices which have been adopted by UHREIT which are consistent with the intent of the relevant principle of the Code. For more information, please refer to pages 84 to 87 of the FY2025 Sustainability Report and pages 113 to 149 of the FY2025 Annual Report.

Code of Conduct

The Manager has adopted a Code of Conduct which sets out the principles of conduct to guide employees and directors in carrying out their duties and responsibilities to the highest standards of personal and corporate integrity when dealing with UHRM’s competitors, customers, suppliers, other employees and the community. All Directors and employees are expected to abide by the standards and rules of conduct which apply irrespective of the jurisdiction or legal entity through which the Company operates; and may be properly supplemented by country or business specific requirements. The policy covers a range of issues, including confidentiality, personal data protection, conflicts of interest, anti-bribery and corruption, workplace health and safety. Non compliance with the Code of Conduct may lead to disciplinary action.

Anti-Bribery and Corruption

Incidents of corruption and bribery can lead to serious legal repercussions, damage reputation, and erode public trust. The Manager is committed to upholding the highest standards of governance and ethical conduct, adopting a zero- tolerance policy against all forms of corrupt practices, including bribery, fraud, and money laundering. All employees must comply with the Group’s strict anti-bribery and anti-corruption policies and procedures. Our Gifts and Entertainment Policy within the Code of Conduct outlines detailed guidelines and measures regarding the giving and receiving of gifts (monetary or otherwise), entertainment and business dealings that could potentially create real or perceived obligations or indebtedness to any party. This policy, applicable to all employees and directors, strictly prohibits the acceptance or offering of bribes, gratification, or any other inducements. The Code of Conduct Policy is communicated to all employees and directors.