Investor Presentaiton

Divestment of Partial Stakes in Six Raffles City Developments in China: Transaction Overview Profile Breakdown of Portfolio to be Divested Quality assets diversified across six cities in China Tier 2 56% GFA¹ By City Tier 1.5 million sqm Tier 1 44% Tier 2 23% Notes: 1. 2. 3. Includes carpark area Based on 2020 NPI and on a 100% basis, excludes Ascott RCH As of Dec 2020, excludes Ascott RCH NPI² By City Tier RMB1.9bn Tier 1 77% CapitaLand Valuation3 by Asset Type Lodging 6% Office 48% RMB43.8bn Retail 47% 5

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