Investor Presentaiton

CPN Rental Contract Structure Upside from long-term lease contract expirations to convert into short term contracts at market rental rate should help increase revenues Rental contract composition by area(1) Fixed Rent 46% (47%) Long-term lease contracts expiration (2) Consignment 37% (36%) 2022+ 29% 33% 2021 < 1% 2020 18% 2019 5% 12% 2018 3% Long-term Lease 17% (17%) 0% 10% 20% 30% ■Retail Shops 40% 50% 60% Department Stores 70% Source: Company estimate as of 31 December 2017 (1) Percentage based on occupied area. (%) YE16 figure (2) Based on total long-term lease area of 154,027 sq.m. with less than 4% rental income contribution. Prepared by CPN Investor Relations Appendices Page 42

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