REMUNERATION REPORT

BACKGROUND

Trustco Group Holdings Ltd (Trustco) operates as an investment holding company with a diversified portfolio of investments over diverse industries. The primary mission of the holding company revolves around fostering the expansion of its investments to guarantee the enduring generation of substantial value for its diverse investor base over the medium- to long-term horizon. The Trustco group remuneration committee (remco) oversees and strives to ensure that the reward practices of the group are sustainable and aligned with investors’ interests while recognising the lasting contribution of employees to the overall growth of the group. Trustco’s unlisted investee companies maintain dedicated remuneration committees geared towards monitoring the achievement of their strategic objectives. The group remco also provides guidance to the remuneration committees of unlisted investee companies of Trustco.

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