Retail Office Integrated Development CICT PORTFOLIO COMPRISES THREE ASSET TYPES Portfolio: Committed Occupancy CICT maintained a high committed occupancy for its portfolio and across asset classes as a result of our proactive asset and lease management efforts. As a portfolio, CICT has signed over 1.7 million sq ft of new and renewal leases in 2023 and achieved a tenant retention rate of 82.8% and 86.5% for Singapore retail and office portfolio respectively. Suburban Retail 28.0% CBDOffice 27.9% Downtown Retail 24.6% Hotels & Convention Centre 6.5% Singapore OfficeII 5.8% Australia Office 3.6% Germany Office 3.6% CONTRIBUTION TO GROSS REVENUE BY ASSET CLASS HIGHER PORTFOLIO COMMITTED OCCUPANCY (%) 98.3 94.4 97.1 95.8 31 Dec 2022 31 Dec 2022 31 Dec 2022 31 Dec 2022 31 Dec 2023 31 Dec 2023 31 Dec 2023 31 Dec 2023 98.5 96.7 98.5 97.3 Retaili Office Integrated Development Portfolioi PORTFOLIO Portfolio: Diversified Revenue Streams CICT's diversified portfolio across retail, office and integrated developments contributed to gross revenuegrowthandoffered stability across property market cycles. Singapore assets contributed 92.8% to CICT’s FY 2023 gross revenue, with the remaining equally contributed by the Germany and Australia portfolios. CICT's operations review has been classified into four sections - Portfolio, Retail, Office and Integrated Development. To show the operating metrics and trends of the sectors, the Retail and Office information included the respective retail and office components of integrated developments unless stated otherwise. The Retail section covers the Singapore portfolio. Australia and Germany assets are mainly included in the Office section. All information reported is as at 31 December 2023. i Retail and portfolio occupancies exclude CQ @ Clarke Quay as at 31 December 2022 but include CQ @ Clarke Quay as at 31 December 2023 as major AEI works have completed as at 31 December 2023. i Based on FY 2023 gross revenue and excludes joint ventures. ii Comprises office revenue contribution fromFunan, RafflesCity Singapore andTheAtrium@Orchard. Singapore 92.8% Australia 3.6% Germany 3.6% S$1,559.9 MILLIONi Overview Leadership Performance Framework Other Information ANNUAL REPORT 2023 55 OPERATIONS REVIEW
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