Forging Ahead, Shaping The Future The cover design embodies our continuing drive to forge ahead with clarity, conviction and confidence in our strategies to grow our business. The dynamic interplay of circular nodes and diagonal beams conveys upward momentum achieved through embracing innovation and transformation. Set within a structured yet evolving grid, the design underscores adaptability and agility, reflecting our relentless quest to create superior value for our investors and contribute positively to the communities where we operate. The focal red circle that proudly represents the red dot in CapitaLand’s logo symbolises our Group’s foundation in Singapore. As a global lodging trust, CapitaLand Ascott Trust is well-positioned for sustained growth, while also making an impact in shaping a better future for all our stakeholders. Featured property: Wildwood Lubbock, USA Contents Overview About Us 1 Chairman & CEO Message 2 2024 Highlights 4 Trust Structure and Organisation Structure 10 Boards of Directors 11 Management Team 14 Performance Financial Review 15 Portfolio Overview 22 Operations Review 26 Investor Relations 50 Portfolio Listing 52 Governance Risk Management 58 Corporate Governance 63 Statement of Policies and Practices 93 Financial Statements Financial Statements and Notes 99 Other Information Additional Information 307 Statistics of Stapled Securityholdings 309
RkJQdWJsaXNoZXIy NTkwNzg=