4 CapitaLand Ascott Trust Celebrating Two Decades of Strength and Stewardship Key Milestones 2006 Listing on the Main Board of the SGX-ST as the first pan-Asian serviced residence REIT 2010 Foray into Europe 2015 Expansion into the USA 2018 First development project in Singapore 2019 S$1.9 billion combination with Ascendas Hospitality Trust 2020 Included into the FTSE ERPA Nareit Global Developed Index 2021 Expanded investment mandate to include student accommodation France Spain Key Markets Other Markets Ireland Belgium Germany South Korea China The Philippines Australia Malaysia Vietnam Indonesia Singapore Japan UK USA CLAS at 20
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