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Investor Presentaiton

99 56 Established track record: CCT delivered higher returns YoY through property market cycles Due to successful portfolio reconstitution strategy including recycling of capital, AEls, acquisitions and developments Distributable Income (S$ million) 1 Global financial crisis and Euro-zone debt crisis CAGR 2004 to 2017 - 15.4% (1) Distribution Per Unit (cents) 11.00 i Global financial crisis and Euro-zone debt crisis 288.9 269.0 249.2254.5 221.0212.8 228.5 234.2 198.5 153.0 120.4 78.9 59.9 45.1 8.70 7.33 6.81 (1) 5.37 (2) 7.83 7.06 8.46 (3) 8.04 8.14 8.62 9.08 (4) 8.66 7.52 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Notes: (1) Annualised (2) After taking into consideration the issue of rights units in July 2009 (3) Decline in 2011 DPU compared to 2010 was due to divestment of two properties in 2010, Robinson Point and StarHub Centre (4) Issued 513,540,228 new units following the 166-for-1,000 rights issue at S$1.363 per rights unit in October 2017 Cap/taLand CapitaLand Commercial Trust Presentation February 2018 Commercial Trust
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