Investor Presentaiton

2Q 2023 RevPAU Performance of CLAS' Key Markets Majority of key markets performing at same-store pro forma 2Q 2019 RevPAU levels or above 2Q 2023 2Q 2022 % Change % of 2Q 2019 same- store pro forma RevPAU1 Management Contracts with Minimum Guaranteed Income (MCMGI) Singapore² S$ 370 n.m. n.m. United Kingdom GBP 183 144 27% 127% Management Contracts Australia China Japan Singapore³ USA Vietnam4 AUD 136 125 9% 105% RMB 298 218 37% 78% JPY 14,966 4,308 247% 109% S$ 182 139 31% 127% USD 241 207 16% 100% VND 1,3565 1,000 36% 83% Notes: RevPAU relates to properties under management contracts and MCMGI, excludes master leases, rental housing and student accommodation 2Q 2019 same-store pro forma RevPAU includes the A-HTRUST portfolio and excludes properties that were divested from 2019 to 2022 Only pertains to Citadines Mount Sophia Singapore, excludes Riverside Hotel Robertson Quay which was reclassified from master lease to management contract in 2H 2021, and lyf one-north Singapore which commenced operations in phases from Nov 2021 1. 2. The master lease for Ascott Orchard Singapore was converted to MCMGI from Dec 2022 3. 4. RevPAU for Vietnam is stated in thousands 5. Excluding Somerset Central TD Hai Phong City which was acquired in Nov 2022 CapitaLand Ascott Trust 1H 2023 Financial Results 16

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