ST Engineering Sustainability Report 2020

CORPORATE OVERVI EW PERFORMANCE REVI EW SUSTAINABI L ITY CORPORATE GOVERNANCE F INANCIAL REPORT Remuneration Salary *1 % Variable Cash- based Incentives *2 % Benefits *3 % Share- based Incentives *4 % Total Between $2,000,000 and $2,250,000 Lim Serh Ghee 27% 39% 4% 30% 100% Between $1,750,000 and $2,000,000 Ravinder Singh s/o Harchand Singh 32% 34% 4% 30% 100% Between $1,500,000 and $1,750,000 Foo Chee Keng Cedric 36% 29% 5% 30% 100% Between $1,250,000 and $1,500,000 Ng Sing Chan 42% 22% 6% 30% 100% Between $1,000,000 and $1,250,000 Lee Shiang Long 40% 30% 5% 25% 100% Total for Key Management Executives $8,667,903 *1 Salary includes base salary (after reduction between 10% and 20%) and employer CPF for the financial year ended 31 December 2020. *2 Variable Cash-based Incentives include Performance Target Bonus & EVA-based incentive declared. For financial year ended 31 December 2020, there was no EVA based incentive declared. *3 Benefits provided for employees are comparable with local market practices. These include medical, dental, insurances, transport, etc. *4 Share-based incentives consist of PSP and RSP shares granted for financial year ended 31 December 2020. SUMMARY REMUNERATION TABLE FOR KEY MANAGEMENT EXECUTIVES FOR THE YEAR ENDED 31 DECEMBER 2020 (GROUP): 11 7 ANNUAL REPORT 2 02 0 /