130 PERENNIAL HOLDINGS PRIVATE LIMITED Sustainability Report A highlight of the year was the opening ceremony of Perennial Tianjin South HSR International Healthcare and Business City's medical and hospitality clusters in September 2024. To mark this momentous occasion, a charity dinner was held at the hospitality cluster's over 32,000 square feet meeting, incentive, conference and exhibition (MICE) space. A highlight of the dinner was a charity auction featuring ceramic wares and art pieces created by renowned Chinese artists and talented senior residents from the Perennial Eldercare Community. The charity auction successfully raised over RMB1.2 million, with the entire proceeds donated to the Tianjin City Elder Welfare Fund to offer financial assistance to the elderly in need and the Xiqing District Eldercare Fund, to support cognitive impairment screening for the elderly in the community. Through this initiative, Perennial Holdings reaffirmed its dedication to advancing medical care and eldercare support in China, especially in communities where the Company operates. Spotlight: Championing Medical Care and Eldercare Through Charity Auction at the charity dinner Live calligraphy demonstration by Master Chen Ji, who generously donated his artwork to support fundraising at the charity auction. Employee Volunteerism The spirit of volunteerism remained a cornerstone of Perennial Holdings’ CSR efforts, with employees collectively contributing over 920 hours of service to communities across Singapore and China. health awareness. These initiatives testified to Perennial Holdings’ unwavering commitment to making quality medical care and medical information more accessible to the community. Through these conscientious efforts, Perennial Holdings reaffirmed its dedication to good corporate citizenship. The Company remains deeply committed to fostering sustained well-being, inclusivity and social connection, thus making tangible and lasting contributions to the betterment of communities. GOVERNANCE Perennial Holdings incorporates robust corporate governance, high ethical standards and stringent regulatory compliance into its daily operations in every country where it operates. Business Ethics GRI [2-15] [2-16] [2-23] [2-24] [2-25] [2-26] [3-3] [205-2] [205-3] As a large organisation operating across various sectors and countries, Perennial Holdings acknowledges the potential instances of fraud, corruption or unethical behaviour to go unnoticed. To mitigate this risk, the Company has implemented robust measures to ensure that ethical business practices are deeply embedded in all its operations. Guided by a comprehensive suite of policies and procedures—including the Employee Code of Conduct, Whistleblowing Policy and the Policy on Anti-Money Laundering (“AML”) and Countering the Financing of Terrorism—Perennial Holdings provides a framework for responsible decisionmaking and ethical conduct. All employees have received communication about anti-corruption policies through the employee handbook and email communications. The Code of Conduct aims to ensure that no employees engage in activities that could compromise their judgement or lead to conflicts of interest. It outlines principles that govern business conduct both internally and externally, addressing issues such as conflicts of interest, bribery, illegal practices and workplace health and safety. The Code of Conduct prohibits employees from participating in unlawful or unethical In Singapore, the team continued bringing festive cheer to seniors at Vanguard Senior Care Centres, which provide day care, dementia care, and rehabilitation services. Building on the previous year’s success, the initiative expanded to include all four centres, reaching a total of 240 seniors. As part of the “Bags of Joy” activity, employees came together to raise funds, pack essential groceries and personally deliver them to the seniors. Beyond providing much-needed Spotlight: Bringing Bags of Joy to Seniors at Vanguard Senior Care Centres supplies, this initiative brought warmth and gratitude while fostering meaningful connections and brightening the festive season for the elderly. Through their collective efforts, the team reinforced their commitment to supporting the wellbeing of seniors in the community. In China, Perennial Tianjin South HSR International Healthcare and Business City and Perennial International Healthcare and Medical Hub Chengdu led several community health initiatives. These included free health screening clinics and educational talks to raise
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