Investor Presentaiton

Capital Management Strong financial capacity and healthy liquidity position ($ Strong capital Robust financing flexibility $Fortifying liquidity management S$1.16 NAV per Stapled Security 52% Total assets in foreign currency hedged 1.1% (loss) Impact of foreign exchange after hedges on gross profit for FY 2023 37.9% Gearing1 (c.S$2.0 bil debt headroom²) 2.4% per annum Interest cover 4.0X3 67% Low effective borrowing cost of property value unencumbered BBB (Stable Outlook) Fitch Ratings reserves c.S$1.32 bil Total available funds c.S$430 mil Cash on-hand + c.S$890 mil Available credit facilities4 Notes: Above as at/for period ended 31 Dec 2023 1. 2. 3. 4. The ratio of net debt to net assets for CapitaLand Ascott REIT Group and CapitaLand Ascott Business Trust Group is 67.7% and 21.1% respectively; the ratio for CLAS is 59.9% Refers to the amount of additional debt before reaching aggregate leverage of 50%; based on an aggregate leverage limit of 45%, the debt headroom is c.S$1.1 bil The adjusted interest cover ratio, including distributions on perpetual securities, is 3.4X Balances as at 31 Dec 2023; includes committed credit facilities amounting to approximately S$461 mil CapitaLand Ascott Trust Investor Presentation 27

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