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ANNUAL REPORT 2015
FRASERS HOSPITALITY TRUST
Guideline 2.3
(a) Is there any director who is deemed to be
independent by the Board, notwithstanding the
existence of a relationship as stated in the Code that
would otherwise deem him not to be independent?
If so, please identify the director and specify the
nature of such relationship.
(b) What are the Board’s reasons for considering him
independent? Please provide a detailed explanation.
Please refer to page 99 in this Annual
Report.
Not applicable.
Guideline 2.4
Has any independent director served on the Board
for more than nine years from the date of his first
appointment? If so, please identify the director and
set out the Board’s reasons for considering him
independent.
No.
Disclosure on Remuneration
Guideline 9.2
Has the Company disclosed each director’s and
the CEO’s remuneration as well as a breakdown (in
percentage or dollar terms) into base/fixed salary,
variable or performance-related income/bonuses,
benefits in kind, stock options granted, share-based
incentives and awards, and other long-term incentives?
If not, what are the reasons for not disclosing so?
The aggregate remuneration of all
directors for the financial period was
disclosed.
Please refer to page 102 in this Annual
Report.
Guideline 9.3
(a) Has the Company disclosed each key management
personnel’s remuneration, in bands of SGD250,000
or in more detail, as well as a breakdown (in
percentage or dollar terms) into base/fixed salary,
variable or performance-related income/bonuses,
benefits in kind, stock options granted, share-
based incentives and awards, and other long-term
incentives? If not, what are the reasons for not
disclosing so?
(b) Please disclose the aggregate remuneration paid to
the top five key management personnel (who are
not directors or the CEO).
The remuneration of Directors, the CEO
and employees of the Managers are paid
by the Manager from the fees it receives
from FHT, and not by FHT.
Not applicable.
Guideline 9.4
Is there any employee who is an immediate family
member of a director or the CEO, and whose
remuneration exceeds SGD50,000 during the year?
If so, please identify the employee and specify the
relationship with the relevant director or the CEO.
No.
Guideline 9.6
(a) Please describe how the remuneration received by
executive directors and key management personnel
has been determined by the performance criteria.
(b) What were the performance conditions used to
determine their entitlement under the short-term
and long-term incentive schemes?
(c) Were all of these performance conditions met? If
not, what were the reasons?
Please refer to page 102 in this Annual
Report.
Please refer to page 102 in this Annual
Report.
Please refer to page 102 in this Annual
Report.
Risk Management and Internal Controls
Guideline 6.1
What types of information does the Company provide to
independent directors to enable them to understand its
business, the business and financial environment as well
as the risks faced by the Company? How frequently is
the information provided?
Please refer to pages 101 and 103 in this
Annual Report.
Guideline 13.1
Does the Company have an internal audit function? If
not, please explain why.
Please refer to page 106 in this Annual
Report.
CORPORATE GOVERNANCE REPORT
