QUALITY ASSETS MANAGED BY BEST-IN-CLASS OPERATORS CLAS’ Sponsor, The Ascott Limited (Ascott), one of the leading international lodging owner-operators with over 40 years of industry track record, manages most of the serviced residences within the CLAS portfolio. Ascott’s serviced residence and hotel brands include Ascott, Citadines, lyf, Quest, Somerset and The Crest Collection, among others. At the World Travel Awards 2024, Ascott won 35 awards, including the global title of ‘World’s Leading Serviced Apartment Brand’ for the third time. Other third-party operators we engage include Accor, IHG, Marriott and Sotetsu, with properties operating under their established brands such as Pullman, Mercure, Sheraton, voco and Sotetsu Grand Fresa. Portfolio Information by Length of Stay1 45% 62% 39% 62% 64% 63% 19% 12% 16% 9% 9% 10% 12% 8% 11% 7% 7% 7% 4% 3% 17% 14% 12% 12% 20% 15% 17% 8% 8% 8% 2019 2020 Less than 1 week 1 week to 1 month 1 to 6 months 6 to 12 months More than 12 months Average Length of Stay 2021 2022 2023 2024 3 months 3 months 4 months 3 months 2 months 2 months 1 Historical information is prepared for illustrative purposes only and are not guarantees of future performance. Portfolio information excludes properties on master leases and properties under development. Key Statistics of CLAS’ Portfolio1 2024 Portfolio Occupancy (%) Portfolio Average Daily Rate (S$) Portfolio Revenue per Available Unit (S$) Number of Units2 2023 77 76 2024 2023 2024 2023 203 196 156 148 2024 2023 18,454 1,636 2,769 14,049 14,904 2,900 1,636 19,440 Serviced Residences and Hotels Rental Housing Student Accommodation 1 Key statistics, other than the number of units, pertain to operational properties only and exclude rental housing, student accommodation and properties on master leases. 2 Includes properties under development. Portfolio Overview 24 CapitaLand Ascott Trust
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