CapitaLand Integrated Commercial Trust

CLSA-CapitaLand Investment and REITs Access Call

25 May 2022

Disclaimer

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 expressed 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 Integrated Commercial Trust Management Limited ("Manager") nor any of its 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, reliance or distribution of this presentation or its contents or otherwise arising in connection with this presentation.

The past performance of CapitaLand Integrated Commercial Trust ("CICT") is not indicative of future performance. The listing of the units in the CICT ("Units") on the Singapore Exchange Securities Trading Limited (the "SGX-ST") does not guarantee a liquid market for the Units. The value of the Units and the income derived from them may fall as well as rise. Units are not obligations of, deposits in, or guaranteed by, the Manager or any of its affiliates. An investment in the Units is subject to investment risks, including the possible loss of the principal amount invested. Investors have no right to request that the Manager redeem or purchase their Units while the Units are listed on the SGX-ST. It 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 invitation or offer to acquire, purchase or subscribe for the Units.

Table of Content

Funan, Singapore

CICT - The Proxy For Singapore's Commercial Real

Estate Market

1. Based on the total NLA (100.0% interest) including retail, office and warehouse; and excluding hotels & convention centre as at 27 April 2022. Excludes JCube which was divested on 10 March 2022, and includes 66 Goulburn Street and 100 Arthur Street acquired on 24 March 2022 and CapitaSky acquired on 27 April 2022.
2. Based on valuation of CICT portfolio, including proportionate interests of joint ventures, as at 31 December 2021. Excludes JCube but includes 66 Goulburn Street and 100 Arthur Street which are based on valuations as at 15 November 2021, as well as 70.0% interest in CapitaSky (formerly known as 79 Robinson Road) based on valuation as at 1 March 2022.
3. Integrated developments comprises office, retail and hotel or serviced residence components within the same development.