Unitholdings

As at 29 February 2024

ISSUED AND FULLY PAID STAPLED SECURITIES

3,776,051,995 (Voting Rights: 1 vote per Stapled Security)
Market Capitalisation of S$3,379,566,536 based on market closing Stapled Security price of S$0.895 on 29 February 2024.

DISTRIBUTION OF STAPLED SECURITYHOLDINGS

TWENTY LARGEST STAPLED SECURITYHOLDERS

1. The percentage is based on 3,776,051,995 Stapled Securities in issue as at 29 February 2024. Percentages are rounded down to the nearest 0.01%.

DIRECTORS' INTERESTS IN STAPLED SECURITIES AND CONVERTIBLE SECURITIES AS AT 21 JANUARY 2024

Based on the Register of Directors’ Stapled Securityholdings as at 21 January 2024, 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 or finalised but not released under the REIT Manager’s Performance Stapled Security Plan and the Restricted Stapled Security Plan (“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 three-year performance periods. The final number of Stapled Securities that will be released could range from 0% to 200% of the baseline award. The Nominating and Remuneration Committee of the REIT Manager has the discretion to adjust the number of Stapled Securities released taking into consideration other relevant quantitative and qualitative factors. The Stapled Securities released, if any, will be delivered in a combination of stapled securities and cash.
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

Based on the Register of Substantial Stapled Securityholders as at 29 February 2024, 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 3,776,051,995 Stapled Securities in issue as at 29 February 2024. 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 (including but not limited to CLA) and associated company 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. CLI is a subsidiary of CLG.
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.
6. CLA is deemed to have an interest in the Stapled Securityholdings in which CLG has or is deemed to have an interest pursuant to Section 4 of the SFA.
7. 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.
8. CLI is deemed to have an interest in the Stapled Securityholdings of its wholly owned subsidiaries namely, Ascott, SCPL (through Ascott), CLASML, CapitaLand Ascott Business Trust Management Pte. Ltd. and Carmel Plus Pte. Ltd..
9. 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 29 February 2024, approximately 66.2% 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.