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Investor Presentaiton

* Vietnam Steady recovery led to healthy year-end performance, outlook remains positive RevPAU (VND’000) +98%1 3% of total assets, 5% of 2H 2022 gross profit: 5 SRS under management contracts 1,3401 1,325 678 Includes SCTD which was acquired in Nov 2022 4Q 2021 4Q 2022 2H 2022 revenue and gross profit was 55% and 54% higher y-o-y respectively, mainly due to the strong recovery following the reopening of borders and the contribution from Somerset Central TD Hai Phong City (SCTD) which was acquired in Nov 2022 • On a same-store basis¹, 4Q 2022 RevPAU increased 98% y-o-y and 16% q-o-q to VND 1,340,000, which is 78% of 4Q 2019 same-store RevPAU2 Long stays remained the primary source of business in 4Q 2022, and average length of stay was c.5 months Ho Chi Minh City properties registered an average occupancy of c.90% in 4Q 2022, boosted by strong demand from travellers who were on trips for both business and leisure purposes; MICE events and tradeshows led to a rise in corporate bookings and the proportion of short-stay guests increased Hanoi properties saw a steady recovery in 4Q 2022 and whilst the corporate segment remained the key income contributor, there was a rise in international leisure guests during the year-end holiday season Retail and commercial spaces in CLAS' Vietnam properties continue to be well-leased, offering diversification and a resilient income stream Notes: 1. 2. Excluding Somerset Central TD Hai Phong City which was acquired in Nov 2022 Excluding Somerset West Lake Hanoi which was divested in Oct 2019 CapitaLand Ascott Trust Investor Presentation 44
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