CapitaLand Integrated Commercial Trust : Citi Pan-Asia Regional Investor Conference 2022

CapitaLand Integrated Commercial Trust

Citi Pan-Asia Regional Investor Conference 2022

10 June 2022

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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.

CapitaLand Integrated Com m erc ial Trus t

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Table of Content
04	23
1Q 2022 Highlights	Creating Value
10	28
Focus: ESG &
Portfolio	2022 Outlook
Performance	34
14
Market
Performance	Information
By Asset Type

Funan, Singapore

1Q 2022 Highlights

66 Goulburn Street, Sydney, Australia

Portfolio and Operational Highlights(1)

Portfolio			10.9		3.7	Portfolio	S$22.9
Committed	93.6%	Portfolio	Portfolio	Property
Occupancy	NLA(2)	million sq ft	WALE(3)	years	Value(4)	Billion

		Suburban Mall
	Retail	▼0.8%
	Portfolio		▲1.5% Q-o-Q
1Q 2022		Average
▲0.6% Downtown Mall
Tenants' Sales	Singapore Office	to S$10.49 psf
per Sq Ft(5)		▲1.9%	Portfolio Rent

Notes:

1. As at 31 March 2022 unless otherwise stated. Excludes JCube which was divested on 10 March 2022 and includes 66 Goulburn Street and 100 Arthur Street following the completion of acquisition on 24 March 2022.
2. Based on the total net lettable area (NLA) on 100.0% interest as at 31 March 2022 comprising retail, office and warehouse but excludes hotels & convention centre.
3. Portfolio weighted average lease expiry (WALE) is based on gross rental income as at 31 March 2022 and excludes gross turnover rent. Includes 66 Goulburn Street and 100 Arthur Street, as well as 94.9% interest in Gallileo and Main Airport Center.
4. Based on valuation of CICT portfolio, including proportionate interests of joint ventures, as at 31 December 2021, excludes JCube following the completion of divestment, and includes 66 Goulburn Street and 100 Arthur Street following the completion of acquisition, which are based on valuations as at 15 November 2021.
5. Comparison against 1Q 2021 tenants' sales on a per sq ft (psf) basis and adjusted for non-trading days.

CapitaLand Integrated Com m erc ial Trus t

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