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ESR Group Limited Annual Report 202445STRATEGIC REPORTSCORPORATE GOVERNANCEFINANCIAL STATEMENTSMr Jeffrey David PERLMAN, 41Non-executive DirectorDate of first appointment as Director: 14 June 2011Mr 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 ESR Group Chairman on 20 May 2019 and stepped down from his role as the Chairman with effect from 2 September 2024. He is also the member of the Remuneration Committee.Mr Perlman is chief executive officer of Warburg Pincus from president for the firm since 2 September 2024. He is currently a member of the firm%u2019s executive committee and executive management group at Warburg Pincus. Mr Perlman has successfully expanded the Warburg Pincus%u2019s business in Asia Pacific overseeing the firm%u2019s private equity investing activities in Southeast Asia as well as its real estate business across Asia Pacific. In addition, he cofounded and sponsored some of the largest real estate companies in the region, partnering with entrepreneurs to build successful and sustainable companies. Mr Perlman currently serves or has previously served on the boards of directors for numerous leading companies including BW Industrial Development JSC, MoMo, StorHub, Princeton Digital Group Limited. In addition, Mr Perlman is also the chairman of the board of directors for the US-ASEAN Business Council, which works to create trade and investment opportunities in the economies of the Association of Southeast Asian Nations. He is also on the board of directors for the Detroit Children%u2019s Fund, a non-profit committed to improving the education outcomes for children in Detroit.Mr Perlman was a non-executive director of ESRLOGOS Funds Management (S) Limited (now known as ESR-REIT Management (S) Limited) (the manager of ESR-LOGOS REIT which is listed in Singapore) and ARA Trust Management (Suntec) Limited (now known as ESR Trust Management (Suntec) Limited) (the manager of Suntec Real Estate Investment Trust whichislistedinSingapore)fromJanuary2017toAugust 2023 and from April 2022 to August 2023, respectively.Prior to joining Warburg Pincus in 2006, Mr Perlman worked in the real estate investment banking group at Credit Suisse.Mr Perlman received a bachelor%u2019s degree in business administration (B.B.A.) from the Ross School of Business at the University of Michigan.Mr Charles Alexander PORTES,55Non-executive Director and Group Co-founderDate of first appointment as Director: 20 January 2016Mr Charles Alexander Portes, also known as Charles de Portes, is a Co-founder of the Group and was the co-founder and president of the Redwood group from July 2006 until the merger between e-Shang Cayman Limited, ESR Singapore Pte. Ltd. (formerly known as Redwood Group Asia Pte. Ltd.) and Redwood Asian Investments Ltd. pursuant to a merger agreement in January 2016, and he was the President of the Group from January 2016 to December 2020. He was appointed as a Director of the Group on 20 January 2016 and was responsible for overseeing the Group%u2019s overall private equity capital raising and operations and business development. He was re-designated as an Executive Director on 22 February 2019. With effect from 1 January 2021, he was re-designated from the Group%u2019s President and an Executive Director to a Nonexecutive director, and Chairman Emeritus of the Company%u2019s Capital Committee.Mr Portes has over 28 years of real estate investment experience, including more than 20 years in the logistics and new economy sectors in Asia. Mr Portes was the co-founder and co-CEO of AMB BlackPine from 2003 to 2006, which was subsequently incorporated into Prologis and was a member of the AMB Property Japan Advisory Committee from June 2006 to August 2008. Mr Portes was the head of acquisitions and capital for Europe and Asia for Prologis from 1998 to 2003 and he worked in real estate, principally in investments, at Goldman Sachs Investment Holdings (Asia) Limited from 1996 to 1998.Mr Portes graduated from The Johns Hopkins University in the United States in May 1991, where he obtained a bachelor%u2019s degree in international political economy. In July 1996, he further obtained a master%u2019s degree in business administration from INSEAD, France.