CapitaLand Ascott Trust - Annual Report 2023

The accompanying notes form an integral part of these financial statements. STATEMENTS OF MOVEMENTS IN STAPLED SECURITYHOLDERS’ FUNDS Year ended 31 December 2023 Attributable to Stapled Securityholders Stapled Securities in issue Revenue reserve Foreign currency translation reserve Capital reserve Hedging reserve Total Perpetual securities Noncontrolling interests Total equity CapitaLand Ascott REIT Group $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 Changes in ownership interests in subsidiaries Acquisition of non-controlling interests – – – – – – – 5,752 5,752 Change in ownership interests in subsidiaries with no change in control – (310) – – – (310) – 310 – Share of reserves of joint venture – – 1,299 – – 1,299 – – 1,299 Total changes in ownership interests in subsidiaries – (310) 1,299 – – 989 – 6,062 7,051 At 31 December 2022 2,428,769 1,365,474 (379,363) 724 33,964 3,449,568 396,298 81,446 3,927,312 Overview Sustainability & Governance Leadership Portfolio & Performance Financial Statements and Other Information ANNUAL REPORT 2023 161

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