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REPORT OF THE TRUSTEES (CONT’D)

Trustees’ Interests in Shares and Debentures
The Trustees of the University Company at the end of the financial year have no financial interest in the share capital
(including any share options) and debentures of the University Company’s related corporations as recorded in the
register of the directors’ shareholdings kept by the University Company’s related corporations under Section 164 of the
Singapore Companies Act.
As the University Company is limited by guarantee and not having a share capital, there are no matters to be disclosed
under Section 201(6)(g), Section 201(6A)(h), Section 201(11) and Section 201(12) of the Singapore Companies Act,
Chapter 50.

Trustee Contractual Benefits
Since the beginning of the financial year, no Trustee has received or become entitled to receive a benefit by reason of
a contract made by the University Company or a related corporation with the Trustee or with a firm of which he is a
member or with a company in which he has a substantial financial interest, except for remuneration paid to a trustee in
respect of his employment with the University Company as well as consultancy fees paid to another trustee as disclosed
in Note 28 to the financial statements.

Auditors
The auditors, Deloitte & Touche LLP, have expressed their willingness to accept re-appointment.

ON BEHALF OF THE BOARD OF TRUSTEES

Mr Koh Boon Hwee
Chairman of the Board of Trustees
Trustee

Prof Bertil Andersson
President of Nanyang Technological University
Trustee

13 August 2015

22 NTU ANNUAL REPORT 2015
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