REPORT ON CORPORATE GOVERNANCE Remuneration of Top Five Key Management Personnel (“KMP”) To maintain confidentiality of staff remuneration, the names of the top five KMP are not stated. The Company believes that it may not be in the best interest of the Company to disclose the remuneration of key executives on an individually named basis as recommended by the 2018 CG Code. Having considered the highly competitive human resource environment for personnel with the requisite knowledge, expertise and experience in the Company’s business activities, the Company had not disclosed the names of the KMP as this may give rise to recruitment and talent retention issues. There would be negative impact to the Company if members of the experienced and qualified senior management team are poached, which may affect the ability to both nurture a sustainable talent pool and ensure the smooth continuity in leadership critical for the achievement of the strategic objectives of the Company. The Company believes that shareholders’ interest will not be prejudiced as a result of such non-disclosure of the names of the KMP. After considering the recommendations set out in 8.1 and 8.3 of the 2018 CG Code carefully, having taking into account the highly competitive conditions for talent in the industry, the Board is of the view that the Group’s key management personnel’s remuneration shall be disclosed as bands, as laid out in the following table. Other than this, the Company has complied with the rest of the disclosure requirements under Provision 8.1 of the 2018 CG Code. Information relating to the remuneration of the Group’s top 5 key management personnel (who are not Directors or the CEO of the Company) for the year ended 31 December 2025 are as follows: Remuneration Band No of employees Salary (%) Bonus (%) Other Benefits & Provident Fund (%) Share Based Compensation (%) S$3,000,001 - S$3,250,000 1 21 76 3 – S$1,750,001 - S$2,000,000 1 29 25 3 43 S$1,250,001 - S$1,500,000 1 36 58 6 – S$1,000,001 - S$1,250,000 1 57 24 2 17 S$750,001 - S$1,000,000 1 66 22 8 4 The total remuneration of the top five key management personnel (who are not Directors or the CEO of the Company) for the year ended 31 December 2025 amounted to S$8,622,480. There were no termination, retirement and post-employment benefits paid to any Directors and the top five key executives in the year ended 31 December 2025. In addition, the RC was satisfied that the service contracts with the key executives do not contain termination clauses that are overly generous. Remuneration of employees who are immediate family members of a Director or the CEO There are currently no employees whose remuneration exceeds $100,000 per year who are immediate family members of a Director or the Managing Director/CEO. 52 CSE GLOBAL LIMITED
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