Investor Presentaiton

Business Outlook and Key Focus Operational Outlook Consumer spending and business confidence are dependent on the sporadic COVID-19 outbreaks as well as government containment policies • Continue to enhance operational and financial performance while responding to changing environment Key Focus Local governments have unveiled plans to boost consumption using various policies and marketing campaigns Retail Business Park Logistics Park • Adopt active and flexible approach, optimising tenant mix and redefining spaces to attract shoppers Expect leasing environment to be competitive Positioned to benefit from structural upgrading of economy towards innovation-driven growth; Central Government has started range of policy tools available to support real estate sector and economy Positive business confidence observed on-the-ground Expect steady leasing demand to continue for our Business Parks Expect underlying growth to continue with demand coming from e- commerce, 3PLs and manufacturers from Eastern and Western China, buoyed by ongoing global demand¹ 1. Resilient and Quality Portfolio Retail: Focus on offering lifestyle essentials and necessities to densely populated catchments ✓ CapitaStar: Harness CapitaStar platform to drive omni-channel offerings and value-add services New Economy: Provide high standards of property management and customer solutions 2. Experienced Ground Team With strong domain knowledge to capture new business trends 3. Prudent Capital Management 4. Access to Pipeline of High-Quality Assets held under CapitaLand Group and Opportunities from Third-Party Vendors Note: 1. CBRE: Record high leasing demand heralds start of new growth cycle, China, 3Q 2021 MarketView. CapitaLand China Trust Financial Results for FY 2021 46

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