CapitaLand Integrated Commercial Trust - Annual Report 2024

Contents The cover design embodies our continuing drive to forge ahead with clarity, conviction and confidence in our strategies to grow our business. The dynamic interplay of circular nodes and diagonal beams conveys upward momentum achieved through embracing innovation and transformation. Set within a structured yet evolving grid, the design underscores adaptability and agility, reflecting our relentless quest to create superior value for our investors and contribute positively to the communities where we operate. At its core, the structured circular forms, with a focal red circle that proudly represents the red dot in CapitaLand’s logo, symbolises our Group’s foundation in Singapore. We are forging ahead with our journey in shaping a better future for all our stakeholders. Overview 2024 Highlights 2 Financial Highlights 4 ESG Highlights 6 Property Portfolio 8 Trust Structure 11 Chairman and CEO Message 12 Business Model 16 Value Creation 18 Board of Directors 20 Management Team 24 Performance Portfolio Valuation 26 Financial Review 28 Capital Management 30 Trading Performance 33 Investor Relations 34 Operations Review 35 Property Details 43 Governance Risk Management 69 Corporate Governance 75 Sustainability Management 100 Financial Statements Financial Statements 101 Other Information Additional Information 200 Statistics of Unitholdings 202 Forging Ahead, Shaping The Future

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