CapitaLand Integrated Commercial Trust : Payment Of Base Component Of Management Fee By Way Of Issue Of Units In CapitaLand Integrated Commercial Trust

CAPITALAND INTEGRATED COMMERCIAL TRUST

(Constituted in the Republic of Singapore pursuant to a trust deed dated 29 October 2001 (as amended))

ANNOUNCEMENT

PAYMENT OF BASE COMPONENT OF MANAGEMENT FEE

BY WAY OF ISSUE OF UNITS IN CAPITALAND INTEGRATED COMMERCIAL TRUST

CapitaLand Integrated Commercial Trust Management Limited (the "Company"), as manager of CapitaLand Integrated Commercial Trust ("CICT"), wishes to announce that 2,589,889 units in CICT ("Units") have been issued today at an issue price of S$2.1717 per Unit to Premier Healthcare Services International Pte Ltd ("Premier"), an entity nominated by the Company to receive the 2,589,889 Units in its place1. The issue price per Unit is based on the 10-business day volume weighted average price per Unit for all trades done on Singapore Exchange Securities Trading Limited ("SGX-ST") in the ordinary course of trading for the period from 17 June 2022 to 30 June 2022 (both dates inclusive), in accordance with the trust deed dated 29 October 2001 constituting CICT (as amended from time to time).

The abovementioned Units have been issued as payment of 50.0% of the base component of the management fee for the period from 1 April 2022 to 30 June 2022 (both dates inclusive) in relation to the management of investments (including properties) that are held by CICT and/or its subsidiaries2. The remaining 50.0% of the base component of the management fee will be paid in the form of cash.

With the abovementioned issue of Units, the total number of Units in issue is 6,632,146,329. As the Units have been issued to Premier, the total number of Units held by the Company remains unchanged at 59,440,807.

BY ORDER OF THE BOARD

CapitaLand Integrated Commercial Trust Management Limited (Registration Number: 200106159R)

As manager of CapitaLand Integrated Commercial Trust

Lee Ju Lin, Audrey

Company Secretary

18 August 2022

• The Company has sold the 2,589,889 Units which it is entitled to receive, to Premier, a related corporation of the Company, and in connection with the sale, the Company has directed that such Units be issued directly to

Premier instead of the Company.

• This excludes CICT's 45% indirect interest in each of Glory Office Trust and Glory SR Trust, which collectively hold CapitaSpring.

IMPORTANT NOTICE

The past performance of CICT and the Manager is not indicative of future performance. The listing of the Units on 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. The Units are not obligations of, deposits in, or guaranteed by, the Manager and/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 the Units may only deal in their Units through trading on the SGX-ST.

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