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Investor Presentaiton

Transaction Details Funding a-iTrust shall provide total funding of INR650 million / S$11.6 million ¹ towards the Phase 2 Project²: . • INR50 million / S$0.9 million towards the Phase 2A Project, which has already been disbursed Balance INR600 million / S$10.7 million for construction of the Phase 2B Project. Acquisition . • Upon completion of the development of Phase 2 Project and after a stabilisation period of 12 months, a-iTrust shall purchase all of the issued share capital of CWPPL, the entity developing the Phase 2 Project. The purchase price is to be determined in accordance with an agreed formula, which takes into account pre-agreed capitalisation rate and rentals. The total purchase price is expected to be INR1,595 million³ / S$28.5 million. 1. Exchange rate of S$1 = INR56 is used throughout this presentation. 2. Phase 2A Project and Phase 2B Project are collectively referred to as Phase 2 Project. 3. Including the funding that has been used to complete the development of the Phase 2 Project. Ascendas India Trust Proposed Forward Purchase Acquisition of Industrial Facilities at Mahindra World City, Chennai (Casa Grande - Phase 2) 8
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