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ESR Group Limited Annual Report 202465STRATEGIC REPORTSCORPORATE GOVERNANCEFINANCIAL STATEMENTSInduction and Continuous Training and Professional DevelopmentAll directors should participate in continuous professional development to develop and refresh their knowledge and skills in the hope that their contribution to the Board remains informed and relevant.Every newly-appointed Director of the Company receives a comprehensive, formal and tailored induction upon his/her appointment. Based on the records provided by the Directors, the continuous professional development taken by each of the Directors during the year ended 31 December 2024 is summarised as follows:Name of DirectorTraining Attended(Note 1)Executive DirectorsMr Jinchu SHEN (Group Co-founder and Co-CEO)%u221aMr Stuart GIBSON (Group Co-founder and Co-CEO)%u221aNon-executive DirectorsMr Jeffrey David PERLMAN (stepped down as the Chairman of the Board with effect from 2 September 2024)%u221aMr Charles Alexander PORTES (Group Co-founder)%u221aMr Hwee Chiang LIM (retired with effect from 21 January 2025)%u221aDr Kwok Hung Justin CHIU (retired at the AGM held on 31 May 2024)N/AMr Rajeev Veeravalli KANNAN%u221aMs Joanne Sarah MCNAMARA%u221aIndependent Non-executive DirectorsMr Brett Harold KRAUSE (Chairman of the Board,redesignated with effect from 2 September 2024)%u221aMr Simon James MCDONALD%u221aMs Jingsheng LIU (resigned with effect from 16 October 2024)N/AMs Serene Siew Noi NAH%u221aMs Wei-Lin KWEE (retired at the AGM held on 31 May 2024)N/ANote:1All the Directors received training and training materials, including from the Company%u2019s external legal advisor, about matters relevant to their duties as Directors. They also kept abreast of matters relevant to their role as Directors by such means as attendance at seminars and conferences and/or reading materials about financial, commercial, economic, legal, regulatory and business affairs.Model Code for Securities TransactionsThe Company has adopted the Model Code for Securities Transactions by Directors of Listed Issuers (%u201cModel Code%u201d) contained in Appendix C3 of the Listing Rules as its own code of conduct regarding securities transactions of the Company by Directors. The Company has adopted a code of conduct (%u201cCode of Conduct and Business Ethics%u201d) regarding all Directors%u2019, officers and employees%u2019 securities transactions on terms no less exacting than the required standard set out in the Model Code. In response to specific enquiries made, all Directors confirmed that they have complied with the required standards set out in such code regarding their securities transactions throughout their tenure during the year ended 31 December 2024. Please refer to the Company%u2019s announcement dated 20 March 2024 with respect to the dealing of shares of the Company by Mr Charles Alexander Portes and Mr Stuart Gibson under exceptional circumstances within the meaning of paragraph C.14 of Appendix C3 to the Listing Rules.