General Announcement::SGX-Yuanta Securities Non-deal Roadshow (29 June 2021)

Ascott Residence Trust

SGX-Yuanta Securities Non-deal Roadshow

29 June 2021

Important Notice

This presentation may contain forward-looking statements. Actual future performance, outcomes and results may differ materially from those

expressed in forward-looking statements as a result of a number of risks, uncertainties and assumptions. Representative examples of these factors

include (without limitation) general industry and economic conditions, interest rate trends, cost of capital and capital availability, availability of real estate properties, competition from other developments or companies, shifts in customer demands, shifts in expected levels of occupancy rate, property rental income, charge out collections, changes in operating expenses (including employee wages, benefits and training, property operating expenses), governmental and public policy changes and the continued availability of financing in the amounts and the terms

necessary to support future business.

You are cautioned not to place undue reliance on these forward-looking statements, which are based on the current view of management regarding future events. No representation or warranty express or implied is made as to, and no reliance should be placed on, the fairness,

accuracy, completeness or correctness of the information or opinions contained in this presentation. Neither Ascott Residence Trust Management

Limited and Ascott Business Trust Management Pte. Ltd. ("Managers") nor any of their affiliates, advisers or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising, whether directly or indirectly, from any use of, reliance on or distribution of this presentation or its contents or otherwise arising in connection with this presentation.

The past performance of Ascott Residence Trust ("ART") is not indicative of future performance. The listing of the stapled securities in the ART ("Stapled Securities") on the Singapore Exchange Securities Trading Limited ("SGX-ST") does not guarantee a liquid market for the Stapled Securities. The value of the Stapled Securities and the income derived from them may fall as well as rise. Stapled Securities are not obligations of, deposits in, or guaranteed by, the Managers or any of their affiliates. An investment in the Stapled Securities is subject to investment risks, including

the possible loss of the principal amount invested. Investors have no right to request that the Managers redeem or purchase their Stapled

Securities while the Stapled Securities are listed on the SGX-ST. It is intended that holders of Stapled Securities may only deal in their Stapled Securities through trading on the SGX-ST.

This presentation is for information only and does not constitute an invitation or offer to acquire, purchase or subscribe for the Stapled Securities.

Content

• Overview of Ascott Residence Trust
• COVID-19Situational Update
• Performance Highlights
• Portfolio Updates
• Capital Management
• Outlook & Prospects
• Appendix: Key Country Updates

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Overview of

Ascott Residence

Trust

Citadines Connect Sydney Airport, Australia 4

A Leading Global Hospitality Trust

Constituent of FTSE EPRA Nareit Global Developed Index

S$7.2b1

Total Assets

>16,0002

Units

862

Properties

38

Cities in 15 countries

The United Kingdom

4 properties

The United States of America

4 properties	Spain
	1 property
	France
	16 properties

Belgium

2 properties

Germany

5 properties

Vietnam

4 properties

Malaysia

1 property

Indonesia

2 properties

China

6 properties

South Korea

2 properties

Japan

19 properties

The Philippines

2 properties

Singapore 5 properties2

Australia

13 properties

Notes: Above as at/for period ended 31 March 2021 unless otherwise stated

1. As at 31 December 2020
2. Including lyf one-north Singapore and Somerset Liang Court Singapore (currently under development)

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