CapitaLand China Trust : Presentations Slides

CAPITALAND CHINA TRUST

UOB Kay Hian S-REITs Virtual Corporate Day 2021

11 August 2021

31 July 2019

Disclaimer

This presentation may contain forw ard-looking statements. Actual future performance, outcomes and results may differ materially from those expressed in forw ard-looking statements as a result of a number of risks, uncertainties and assumptions. Representative examples of these factors include (w ithout limitation) general industry and economic conditions, interest rate trends, cost of capital and capital av ailability, av ailability of real

estate properties, competition from other developments or companies, shifts in customer demands, shifts in expected lev els of occupancy rate, property rental income, charge out collections, changes in operating expenses (including employee w ages, benefits and training, property

operating expenses), governmental and public policy changes and the continued av ailability of financing in the amounts and the terms necessary to support future business.

You are cautioned not to place undue reliance on these forw ard-looking statements, w hich are based on the current v iew of management regarding future ev ents. No representation or w arranty 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 CapitaLand China Trust Management Limited ("Manager") nor any of its affiliates, adv isers or representativ es shall hav e any liability w hatsoever (in negligence or otherw ise) for any loss howsoever arising, w hether directly or indirectly, from any use of, reliance on or distribution of this presentation or its contents or otherwise arising in connection w ith this presentation.

The past performance of CapitaLand China Trust ("CLCT") is not indicativ e of future performance. The listing of the units in the CLCT ("Units") on the

Singapore Exchange Securities Trading Limited (SGX-ST) does not guarantee a liquid market for the Units. The v alue of the Units and the income derived from them may fall as w ell as rise. Units are not obligations of, deposits in, or guaranteed by, the Manager or any of its affiliates. An inv estment in the Units is subject to inv estment risks, including the possible loss of the principal amount inv ested. I nvestors have no right to request that the Manager redeem or purchase their Units w hile the Units are listed on the SGX-ST. I t is intended that holders of Units may only deal in their

Units through trading on the SGX-ST.

This presentation is for information only and does not constitute an inv itation or offer to acquire, purchase or subscribe for the Units.

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UOB Kay Hian S-REITs Virtual Corporate Day 2021 *11 August 2021*

Contents

1. Overview of CLCT
2. 1H 2021 Key Highlights
3. Capital Management
4. Looking Ahead

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UOB Kay Hian S-REITs Virtual Corporate Day 2021 *11 August 2021*

Largest Multi-Asset China Focused S-REIT

Diversified Portfolio with 11 Well-Located Malls and 5 Business Parks Across Prominent Growth Cities

Listed	➢ AUM of S$0.8 billion
in 2006	➢ GFA of 453,506 sq m

G

A

• 7 retail assets
• Across 5 cities

DShanghai B.

A. Beijing

CapitaMall Xizhimen

	C. Guangzhou
CapitaMall Qibao

CapitaMall Wangjing CapitaMall Grand Canyon CapitaMall Shuangjing

	D. Harbin
Rock Square
	CapitaMall Xuefu	CapitaMall Aidemengdun

	I
Today	F
E

✓ AUM of S$4.4 billion1

C

• GFA of 1.7 mil sq m
• 11 retail assets and 5 business parks
• Geographically diversified across10 cities

Notes:

H	ChangshaE.	ChengduF.
B
J
		CapitaMall Yuhuating
H. Suzhou	I. Xi'an
Ascendas Xinsu Portfolio	Ascendas Innovation Hub	Ascendas Innovation Towers

	G. Hohhot
CapitaMall Xinnan		CapitaMall Nuohemule

J. Hangzhou

SHSTP Phase I

SHSTP Phase II

1. As at 31 December 2020, assuming completion of business parks on an effective basis. Excludes CapitaM all M inzhongleyuan and CapitaMall Saihan as the malls have been divested in 1Q and 2Q 2021 respectively.

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UOB Kay Hian S-REITs Virtual Corporate Day 2021 *11 August 2021*

Most Established, Expansive and Diversified

Platform

CLCT - The Proxy for China Growth

Diversified	Established	Strong	Active Acquisition	Leverage on
Portfolio of Retail	Presence in 10	Management	Growth Track Record -	Sponsor's expertise
and Business Park	Prominent Top	Team with 15Y of	from Sponsor and 3rd	and domain
Assets	Tier Cities	Track Record	Party	knowledge in China

Asset under Management1	Market Capitalisation2	DPU Yield2
S$4.4 billion	S$2.1 billion	6.2%

Notes:

1. As at 31 December 2020, assuming completion of business parks on an effective basis. Excludes CapitaM all M inzhongleyuan and CapitaMall Saihan as the malls have been divested in 1Q and 2Q 2021 respectively.
2. Based on 1H 2021 Annualised DPU of 8.53 SGD cents and unit price of S$1.37 as at 1 July 2021.

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UOB Kay Hian S-REITs Virtual Corporate Day 2021 *11 August 2021*