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Directors%u2019 ReportESR Group Limited Annual Report 202481STRATEGIC REPORTSFINANCIAL STATEMENTSCORPORATE GOVERNANCEFIVE-YEAR FINANCIAL SUMMARYA summary of the audited consolidated results and the assets and liabilities of the Group for the last five financial years is set out on pages 256 to 258 of this annual report. The summary does not form part of the audited Consolidated Financial Statements.ENVIRONMENTAL POLICIES AND PERFORMANCEThe Group is devoted to delivering a better and sustainable environment for the future of the society and the development of the Company. Details of the Group%u2019s environmental policies and performance are disclosed in the %u201cESG Performance%u201d on pages 36 to 43 of this annual report.COMPLIANCE WITH THE RELEVANT LAWS AND REGULATIONSThe Group has put in place practices and policies to monitor compliance with the legal and regulatory requirements applicable to its operations, such as companies, foreign investment and securities laws in the jurisdictions in which the Group operates. During the year ended 31 December 2024, the Group has complied with the relevant laws and regulations that have a significant impact on the Group.KEY RELATIONSHIPS WITH STAKEHOLDERSThe Group cares for the interests of its employees, customers and suppliers while pursuing its business growth strategies in a sustainable manner.The Group has 2,058 employees spanning 13 locations, namely Australia, Mainland China, Hong Kong, India, Indonesia, Japan, Malaysia, New Zealand, Singapore, South Korea, Thailand, United Kingdom, and Vietnam, as at 31 December 2024. The Group provided competitive remuneration package to its employees and encouraged training programs to improve their knowledge and skills, and promoted cross-market and cross-cultural cooperation to nurture their sense of belonging to the Group.The Group%u2019s customers are composed of tenants that require logistics and distribution facilities, funds and investment vehicles. The Group%u2019s leading market positions enable it to provide its tenants with seamless regional solutions, and connecting its capital partners with a single interface to assess investment opportunities in the region.The Group%u2019s suppliers primarily consist of construction contractors, property management companies, interior designers and commercial real estate brokers. The Group maintained close collaboration with its suppliers in delivering exceptional quality of facilities and services to its customers. In formulating and implementing its environmental, social and governance strategies, the Group engaged the stakeholders through various communication channels and activities. Further details are available in the %u201cStakeholder Engagement%u201d section of the ESG Report 2024.MAJOR CUSTOMERS AND SUPPLIERSDuring the financial year ended 31 December 2024, the five largest customers of the Group accounted for less than 30% of the Group%u2019s total revenue from sale of goods or rendering of services.During the financial year ended 31 December 2024, the largest supplier and the five largest suppliers accounted for 34% and 63%, respectively of the Group%u2019s total purchases.None of the directors, their associates nor any shareholders (which to the knowledge of the directors own more than 5% of the number of issued shares of the Company for the period from 1 January 2024 to 31 December 2024) had any interests in any of the five largest customers and suppliers of the Group.