Operations Review 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 gross rental income¹ (GRI) is due for renewal in a year. As at 31 December 2024, CICT’s portfolio WALE by committed GRI based on CICT’s proportionate interests, eased to 3.3 years from 3.4 years a year ago due to passing of time. The WALE of leases signed and commenced in 2024, for retail, office and integrated development, was 2.9 years. The proportion of revenue attributed to these leases was approximately 21% of CICT's portfolio committed GRI for December 2024. This includes the proportionate interests in CapitaSpring, CapitaSky, ION Orchard, 101 – 103 Miller Street and Greenwood Plaza, and Main Airport Center. Total Portfolio WALE 3.3 years Retail Portfolio WALE 2.0 years Integrated Development Portfolio WALE 4.5 years Office Portfolio WALE 3.7 years 1 Based on GRI of committed leases which excludes gross turnover rents as at 31 December 2024. 2025 2026 2027 2028 2029 15.1 16.2 15.6 4.8 2.9 1.4 7.8 4.7 5.1 6.8 7.5 8.0 4.1 2030 and beyond WELL SPREAD PORTFOLIO LEASE EXPIRY PROFILE1 (%) Retail Office Hospitality Portfolio: Top 10 Tenants With a diversified trade mix from a total of approximately 3,501 tenants in CICT’s portfolio, no single tenant contribution is above 4.9%. Collectively, the top 10 tenants accounted for 16.9% of CICT’s GRI for December 2024, based on CICT’s proportionate interests. Ranking Top 10 Tenants for December 2024 % of Total GRI Trade Sector 1 RC Hotels (Pte) Ltd 4.9 Hotel 2 GIC Private Limited 1.7 Financial Services 3 Temasek Holdings 1.6 Financial Services 4 NTUC Enterprise Co-Operative Ltd 1.6 Supermarket/Beauty & Health/Food & Beverages/Education/Warehouse 5 The Work Project Group 1.6 Real Estate & Property Services 6 Cold Storage Singapore (1983) Pte Ltd 1.3 Supermarket/Beauty & Health/ Warehouse 7 BreadTalk Group Pte Ltd 1.2 Food & Beverages 8 UNIQLO (Singapore) Pte. Ltd. 1.0 Fashion & Accessories 9 KPMG Services Pte. Ltd. 1.0 Business Consultancy 10 Mizuho Group 1.0 Financial Services Total Top 10 Tenants’ Contribution 16.9 1 GRI includes service charge, advertising & promotional charge, where applicable, and excludes gross turnover rent. 36 CapitaLand Integrated Commercial Trust
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