ESR Interim Report 2020 (EN)

Corporate Governance and Other Information 17 CORPORATE GOVERNANCE AND OTHER INFORMATION ESR Interim Report 2020 DIRECTORS’ AND CHIEF EXECUTIVES’ INTERESTS AND SHORT POSITIONS IN SHARES, UNDERLYING SHARES AND DEBENTURES As at 30 June 2020 the interests and short positions of the Directors and chief executives of the Company in the ordinary shares (the “ Shares ”), underlying Shares and debentures of the Company or any associated corporation (within the meaning of Part XV of the SFO) (i) as recorded in the register required to be kept under section 352 of the SFO; or (ii) as otherwise notified to the Company and the Stock Exchange pursuant to the Model Code for Securities Transactions by Directors of Listed Issuers (“ Model Code ”) are as follows: Name of Director Capacity/nature of interest Number of Shares held (Note 1) Approximate percentage of shareholdings at 30 June 2020 Mr Jinchu Shen Interest of controlled corporations (Note 2) 285,758,717 (L) 9.37% Mr Stuart Gibson Interest of controlled corporations (Note 3) 421,835,167 (L) Interest of spouse 73,000 (L) 421,908,167(L) 13.83% Mr Charles Alexander Portes Interest of controlled corporations (Note 3) 421,835,167 (L) 13.83% Notes: 1. The Letter “L” denotes the long position in the Shares. 2. As at 30 June 2020, Laurels Capital Investments Limited directly held 285,758,717 Shares of the Company (inclusive of the interest in 3,899,928 Shares underlying the share options pursuant to the Tier 1 ESOP), which is wholly owned by The Shen Trust. Rosy Fortune Limited has a deemed interest under the SFO in the Shares held by The Shen Trust in its capacity as settlor and Mr. Jinchu Shen has a deemed interest under the SFO in the Shares held by The Shen Trust solely in his capacity as the sole shareholder of the settlor. Tricor Equity Trustee Limited has a deemed interest under the SFO in the Shares held by The Shen Trust in its capacity as trustee. 3. As at 30 June 2020, Redwood Investment Company, Ltd. (“ Redwood Investment ”) held 404,935,480 Shares of the Company, and is owned as to 42.0% and 58.0% by Kurmasana Holdings, LLC and Redwood Investor (Cayman) Limited (“ Redwood Investor ”), respectively, of which Kurmasana Holdings, LLC is wholly-owned by Redwood Investor and the voting rights of Redwood Investor are controlled as to 50% and 50% by Mr. Charles Alexander Portes and Mr. Stuart Gibson, respectively. Hence, each of Mr. Charles Alexander Portes, Mr. Stuart Gibson, Redwood Investor and Kurmasana Holdings, LLC is deemed to be interested in the Shares held by Redwood Investment. Besides, interest in 16,899,687 Shares underlying the share options pursuant to the Tier 1 ESOP (representing 0.55% of the total issued shares of the Company) were held by Redwood Consulting (Cayman) Limited (“ Redwood Consulting ”) as the beneficial owner. Redwood Consulting is owned as to 50.0% and 50.0% by Mr. Charles Alexander Portes and Mr. Stuart Gibson, respectively. Hence, each of Mr. Charles Alexander Portes and Mr. Stuart Gibson is deemed to be interested in Shares held by Redwood Consulting. Save as disclosed above, as at 30 June 2020, none of the Directors and chief executives of the Company has any interests and short positions in the Shares, underlying Shares and debentures of the Company or any associated corporation (within the meaning of Part XV of the SFO) (i) as recorded in the register required to be kept under section 352 of the SFO; or (ii) as otherwise notified to the Company and the Stock Exchange pursuant to the Model Code.