Investor Presentaiton

✰ Vietnam Steady recovery as demand continues to return; outlook remains positive RevPAU (VND’000) 1,5061 1,3401 +12%1 1,325 4Q 2022 Includes SCTD which was acquired in Nov 2022 • • 1,431 4Q 2023 2% of total assets, 5% of 2H 2023 gross profit: 5 SRS under management contracts 2H 2023 revenue and gross profit were 24% and 22% higher y-o-y respectively, due to stronger demand at the properties, and contribution from Somerset Central TD Hai Phong City (SCTD) which was acquired in Nov 2022 On a same-store basis¹, revenue and gross profit increased 16% and 17% y-o-y respectively 4Q 2023 RevPAU increased 8% y-o-y to VND 1,431,000; on a same-store basis¹, 4Q 2023 RevPAU increased 12% y-o-y to VND 1,506,000, which is 88% of 4Q 2019 same-store RevPAU² Corporate long stays and project groups remained the primary source of business in 4Q 2023, and the average length of stay of CLAS' properties was c.5 months Demand for short stays from international corporate and leisure travellers continued to increase in tandem with the frequency of flights to and from Vietnam; the year-end holiday season in particular saw an increased level of short-stay leisure bookings by small groups and families While the return of Chinese travellers to Vietnam is slower than expected, demand for mid and long stay bookings by international corporate guests remains healthy in 1Q 2024; the corporate relocation season in Feb-Mar is also expected to be a key driver of demand Retail and commercial spaces in CLAS' Vietnam properties continue to be well-leased, offering diversification and a resilient income stream Notes: 1. Excluding SCTD which was acquired in Nov 2022 2. Excluding Somerset West Lake Hanoi which was divested in Oct 2019 CapitaLand Ascott Trust Investor Presentation 40

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