103
CapitaLand Limited
Annual Report 2015
Overview
Sustainability
Business
Review
Portfolio
Details
Corporate
Governance &
Transparency
Financials &
Additional
Information
Directors’ Statement
Share Plans - CapitaLand Share Option Plan, Performance Share Plan 2010 and Restricted Share Plan 2010
(continued)
(d) Awards under the CapitaLand Restricted Share Plan 2010
(continued)
As at 31 December 2015, the number of shares in awards granted under the RSP 2010 was as follows:
Equity-
settled
Cash-
settled
Total
Final number of shares has not been determined (baseline award)
#
8,115,581
1,091,117
9,206,698
Final number of shares determined but not released
8,030,749
616,832
8,647,581
16,146,330
1,707,949
17,854,279
#
The final number of shares released could range from 0% to 150% of the baseline award.
Audit Committee
The Audit Committee members at the date of this statement are Ms Euleen Goh Yiu Kiang (Chairman), Mr James Koh Cher
Siang, Tan Sri Amirsham Bin A Aziz and Dr Philip Nalliah Pillai.
The Audit Committee shall discharge its duties in accordance with the Companies Act (Chapter 50) and the Listing Manual of
the SGX-ST. The Audit Committee shall also be guided by the Code of Corporate Governance (2 May 2012) and the Guidebook
for Audit Committee in Singapore (Second Edition), and any such codes or regulations as may be applicable from time to time.
The principal responsibility of the Audit Committee is to assist the Board of Directors in fulfilling its oversight responsibilities.
Areas of review by the Audit Committee include:
s THE RELIABILITY AND INTEGRITY OF THE lNANCIAL STATEMENTS
s THE IMPACT OF NEW REVISED OR PROPOSED CHANGES IN ACCOUNTING POLICIES OR REGULATORY REQUIREMENTS ON THE lNANCIAL
statements;
s THE COMPLIANCE WITH LAWS AND REGULATIONS PARTICULARLY THOSE OF THE !CT AND THE ,ISTING -ANUAL OF THE 3'8 34
s THE APPROPRIATENESS OF QUARTERLY AND FULL YEAR ANNOUNCEMENTS AND REPORTS
s IN CONJUNCTION WITH THE ASSESSMENT BY THE 2ISK #OMMITTEE ASSESSES THE ADEQUACY AND EFFECTIVENESS OF THE INTERNAL
control (including financial, operational, compliance and information technology controls) and risk management systems
established by management to manage risks;
s THE EFFECTIVENESS AND EFlCIENCY OF INTERNAL AND EXTERNAL AUDITS
s THE APPOINTMENT AND RE APPOINTMENT OF EXTERNAL AUDITORS AND THE LEVEL OF AUDITORS REMUNERATION
s THE NATURE AND EXTENT OF NON AUDIT SERVICES AND THEIR IMPACT ON INDEPENDENCE AND OBJECTIVITY OF THE EXTERNAL AUDITORS
s INTERESTED PERSON TRANSACTIONS
s THE lNDINGS OF INTERNAL INVESTIGATION IF ANY
s THE PROCESSES PUT IN PLACE TO MANAGE ANY MATERIAL CONmICTS OF INTEREST WITHIN THE 'ROUP AND
s ALL CONmICTS OF INTEREST MATTERS REFERRED TO IT
