Unitholdings

As at 1 March 2023

ISSUED AND FULLY PAID STAPLED SECURITIES

3,456,121,850 (Voting Rights: 1 vote per Stapled Security)
Market Capitalisation of S$3,490,683,069 based on market closing Stapled Security price of S$1.01 on 1 March 2023.

DISTRIBUTION OF STAPLED SECURITYHOLDINGS

TWENTY LARGEST STAPLED SECURITYHOLDERS

1. The percentage is based on 3,456,121,850 Stapled Securities in issue as at 27 February 2023. Percentages are rounded down to the nearest 0.01%.

DIRECTORS' INTERESTS IN STAPLED SECURITIES AND CONVERTIBLE SECURITIES AS AT 21 JANUARY 2023

Based on the Register of Directors’ Stapled Securityholdings as at 21 January 2023, the direct and deemed interests of each of the Directors in Stapled Securities and convertible securities issued by CLAS are as follows:

1. This refers to the number of Stapled Securities which are the subject of contingent awards granted but not released under the Managers' Performance Stapled Security Plan ("PSSP") and Restricted Stapled Security Plan ("RSSP"). The final number of Stapled Securities that will be released could range from 0% to a maximum of 200% of the baseline award under the PSSP and from 0% to a maximum of 150% of the baseline award under the RSSP.
2. The final number of Stapled Securities to be released will depend on the achievement of pre-determined targets at the end of the respective performance periods for the PSSP and RSSP.
3. Being the unvested Stapled Securities under the RSSP.
4. On the final vesting, an additional number of Stapled Securities of a total value equal to the value of the accumulated distributions which are declared during each of the vesting periods and deemed foregone due to the vesting mechanism of the RSSP, will also be released.
   
   

SUBSTANTIAL STAPLED SECURITYHOLDERS' STAPLED SECURITYHOLDINGS AS AT 1 MARCH 2023

Based on the Register of Substantial Stapled Securityholders as at 1 March 2023, the names of the Substantial Stapled Securityholders of CLAS and a breakdown of their direct and deemed interests are as follows:

1. The percentage is based on 3,456,121,850 Stapled Securities in issue as at 27 February 2023. Percentages are rounded down to the nearest 0.01%.
2. Temasek is deemed to have an interest in the Stapled Securityholdings in which its subsidiaries and associated companies (including but not limited to CLA) have or are deemed to have an interest pursuant to Section 4 of the Securities and Futures Act 2001 ("SFA").
3. Tembusu is deemed to have an interest in the Stapled Securityholdings in which its subsidiaries (including but not limited to CLA) have or are deemed to have an interest pursuant to Section 4 of the SFA.
4. Temasek holds 100% of the equity interest in Tembusu, which holds 100% of the equity interest in Bartley, which holds 100% of the equity interest in Mawson, which holds 100% of the equity interest in Glenville, which holds 100% of the equity interest in TJHIII, which holds 100% of the equity interest in CLA, which holds 100% equity interest in CLG. CLG holds approximately 52.58% of the issued shares in CLI.
5. Each of Temasek, Tembusu, Bartley, Mawson, Glenville and TJHIII is deemed to have an interest in the Stapled Securityholdings in which CLA is deemed to have an interest pursuant to Section 4 of the SFA.
Each of CLA and CLG is deemed to have an interest in the Stapled Securityholdings that CLI is deemed to have an interest pursuant to Section 4 of the SFA.
6. CLI is deemed to have an interest in the Stapled Securityholdings of its wholly owned subsidiaries namely, Ascott, CLASML, CapitaLand Ascott Business Trust Management Pte. Ltd. (formerly known as Ascott Business Trust Management Pte. Ltd.) and Carmel Plus Pte. Ltd.
7. Ascott is deemed to have an interest in the Stapled Securityholdings of its wholly owned subsidiary, SCPL.

PUBLIC FLOAT

Based on the information available to the Managers as at 1 March 2023, approximately 61.83% of the Stapled Securities were held in the hands of the public. Rule 723 of the Listing Manual of the SGX-ST has accordingly been complied with.