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Summary of Shareholder Engagement ActivitiesS/N Date Company Event Nature1 3 July 2023 NetLink NBN Trust Briefing Session2 5 July 2023 SingPost Briefing Session3 7 July 2023 Singtel Briefing Session4 14 July 2023 AIMS APAC REIT Briefing Session5 1 August 2023 Sabana Industrial REIT Dialogue Session6 16 August 2023 ASTI Holdings Limited Dialogue Session7 17 August 2023 Keppel Corporation Limited Briefing Session8 21 August 2023 CapitaLand Ascott Trust Dialogue Session9 21 August 2023 ASTI Holdings Limited Dialogue Session10 11 October 2023 CapitaLand Ascott Trust Dialogue Session11 22 November 2023 ESR-LOGOS REIT Dialogue Session12 5 December 2023 Manulife US REIT Dialogue Session13 4 January 2024 Elite Commercial REIT Dialogue Session14 27 February 2024 Keppel Pacific Oak US REIT Briefing Session15 13 March 2024 No Signboard Holdings Dialogue Session16 4 April 2024 CapitaLand Ascott Trust Briefing Session17 9 April 2024 CapitaLand China Trust Briefing Session18 11 April 2024 Digital Core REIT Briefing Session19 11 April 2024 Keppel Infrastructure Trust Briefing Session20 12 April 2024 CapitaLand Investment Briefing Session21 12 April 2024 Olam Group Briefing Session22 15 April 2024 CapitaLand Integrated Commercial TrustBriefing Session23 18 April 2024 ESR-LOGOS REIT Briefing SessionInvestor RightsSHAREHOLDER ENGAGEMENT ACTIVITIESMany corporate actions that have led to the frustration of minority shareholders being outvoted at general meetings led SIAS to explore new ways of addressing these concerns and achieving mutually beneficial outcomes. Over the years, SIAS has successfully mediated numerous corporate disputes among various stakeholders. More recently, SIAS%u2019 involvement in several privatisation and delisting processes resulted in upward revisions of offer prices, which were initially perceived as %u201clowball%u201d or not %u201cfair and reasonable%u201d in legal terms.In FY2024, SIAS facilitated 23 shareholder engagement activities. We see a significant change in the demand for physical events by both companies and investors, with almost 70% of the shareholder engagement activities hosted in-person. Several high-profile corporate actions that SIAS moderated include Internationalization of Sabana Industrial REIT, Recapitalization of Manulife US REIT and the Restructuring of No Signboard Holdings. This financial year, SIAS provided 25 commentaries and press releases. Several issues addressed revolved around high profile privatization offers like OCBC-Great Eastern Deal and delisting of Best World International. SIAS will continue to put itself at the forefront of such corporate actions in order to maintain sustainable and stable stakeholder relationships in the investment community.Investor RightsDialogue Session with CapitaLand Ascott Trust (11 October 2023)67 25TH ANNUAL REPORT | 2023 - 2024