Investor Presentaiton

◆ France ་་ Rental income boosted by strong underlying performance and contribution from La Clef Tour Eiffel Paris; outlook remains positive 8.7 Revenue (EUR 'mil) Includes LCTE which was acquired in Nov 2022 +14%1 11.6 9.91 1H 2022 1H 2023 8% of total assets, 10% of 1H 2023 gross profit: 16 SRS under master leases 1H 2023 revenue increased 33% y-o-y mainly due to contribution from La Clef Tour Eiffel Paris (LCTE) which was acquired in Nov 2022 and higher variable rent at the other properties; on a same-store basis, 1H 2023 revenue increased 14% y-o-y Strong recovery was primarily led by the Paris properties ⚫ Collectively, the France properties' operating performance surpassed 2Q 2019 pre-Covid levels, mainly driven by higher ADR; average occupancy was close to pre-Covid levels Demand came from a mix of leisure, corporate and group bookings, with additional uplift from the Paris Air Show in Jun 2023 • • Outlook for 3Q 2023 remains positive, entering the summer season which typically sees strong leisure demand Citadines Les Halles Paris is currently undergoing refurbishment and LCTE will undergo renovation from 3Q 2023 。 The renovation capex for both properties are largely borne by the master lessees; the properties will remain operational and continue to receive rent during the refurbishment Note: 1. Excludes LCTE which was acquired in Nov 2022 CapitaLand Ascott Trust 1H 2023 Financial Results 19

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