Portfolio: Weighted Average Lease Expiry (WALE) and Lease Expiry Profile CICT maintained a stable portfolio of well spread lease expiry profile. Less than a quarter of the portfolio's GRI is due for renewal in a year. As at 31 December 2023, CICT's portfolio WALE by committed GRI, excluding gross turnover rent and based on CICT's proportionate interests, dropped to 3.4 years from 3.7 years a year ago due to passing of time. i Based on committed GRI as at 31 December 2023 and excludes gross turnover rent. ii Commerzbank’s lease ended in end-January 2024. The Manager is in advanced talks with a prospective tenant from the financial services sector to take up most of the lettable space at Gallileo after the completion of the upgrading works. WELL SPREAD PORTFOLIO LEASE EXPIRY PROFILEi (%) Retail Office Hospitality Portfolio: Top 10 Tenants With a diversified trade mix from a total 3,205 tenants in CICT's portfolio, no single tenant contribution is above 5.1%. Collectively, the top 10 tenants accounted for 19.5% of CICT’s GRI for December 2023, excluding gross turnover rent and based on CICT's proportionate interests. Ranking Top 10 Tenants for December 2023 % of Total GRI Trade Sector 1 RC Hotel (Pte) Ltd 5.1 Hotel 2 WeWork Singapore Pte. Ltd. 2.4i Real Estate and Property Services 3 Commerzbank A.G. 1.8ii Banking 4 GIC Private Limited 1.8 Financial Services 5 NTUC Enterprise Co-Operative Ltd 1.7 Supermarket / Beauty & Health / Services / Food & Beverage / Education / Warehouse 6 Temasek Holdings 1.7 Financial Services 7 The Work Project Group 1.6 Real Estate and Property Services 8 Cold Storage Singapore (1983) Pte Ltd 1.3 Supermarket / Beauty & Health / Services / Warehouse 9 Breadtalk Group Limited 1.1 Food & Beverage 10 KPMG Services Pte. Ltd. 1.0 Business Consultancy Total Top 10 Tenants’ Contribution 19.5 i WeWork Singapore Pte Ltd's income contribution comprised the tenant’s lease at Funan and 21 Collyer Quay. ii Based on 94.9% interest in Gallileo, Frankfurt. Integrated Development Portfolio WALE Retail Portfolio WALE 2.0years 3.4years 4.9years Office Portfolio WALE 12.3 8.3 2024ii 2.4 9.6 2028 14.6 6.5 2025 7.5 1.0 5.0 2029 and beyond 6.9 5.2 2027 14.8 5.9 2026 56 CAPITALAND INTEGRATED COMMERCIAL TRUST OPERATIONS REVIEW
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