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Investor Presentaiton

Outlook Uncertain market conditions in 2H 2023 • Office to remain resilient despite global economic headwinds • Recovery of luxury retail market expected to continue More planned sales completions expected from the Chinese mainland whilst timing of broader market recovery remains uncertain ⚫ Residential sentiment in Singapore expected to remain healthy Full year underlying profits expected to be stable compared to prior year: Upside dependent on timing of planned sales completions in Development Properties Investment Properties contributions stable Deepen engagement with tenants and other stakeholders to maintain momentum on sustainability and CSR initiatives Maintain disciplined approach in assessing opportunities | Outlook | 2023 Half-Year Results Hong Kong TEMBUSI GRAND Tembusu Grand, Singapore WF CENTRAL, Beijing 33
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