BOARD CHARTER

INTRODUCTION

  1. The Board of Directors (the “Board”) of Sunway REIT Management Sdn Bhd (the “Company” or “Manager”) regards corporate governance as vitally important to the success of the Company and Sunway Real Estate Investment Trust’s (“Sunway REIT”) business, and is unreservedly committed to applying the principles necessary to ensure that the following principles of good governance is practised in all of its business dealings in respect of its shareholders, unitholders of Sunway REIT and relevant stakeholders:

    • the Board is the focal point of the corporate governance system. It is ultimately accountable and responsible for the performance and affairs of the Company and Sunway REIT;
    • all Board members are expected to act in a professional manner, thereby upholding the core values of integrity and enterprise with due regard to their fiduciary duties and responsibilities;
    • all Board members are responsible for achieving a high level of good governance; and
    • this Board Charter shall constitute, and form, an integral part of each Director’s duties and responsibilities.