35 Annual Report 2025 27 February 2026. Net proceeds from the divestment will provide CICT with greater financial flexibility and debt headroom for capital expenditures and other growth opportunities. CICT Group holds derivative financial instruments to hedge its currency and interest rate risk exposures. The fair value derivative for FY 2025, which were included in the financial statements as financial derivative assets and financial derivative liabilities were S$1.1 million and S$211.6 million respectively. These net financial derivative liabilities of S$210.5 million represented 1.3% of the net assets of CICT Group as at 31 December 2025. In summary, as at 31 December 2025, CICT Group's aggregate leverage was 38.6%. Average cost of debt was at 3.2% as at 31 December 2025 compared to 3.6% as at 31 December 2024 mainly due to lower average cost of debt. 74% of CICT Group’s borrowings have been hedged in fixed rates to mitigate the exposure to interest rate movements. As at 31 December 2025, S$651.0 million of CICT Group's borrowings (excluding interests in joint ventures) will mature in 2026. CICT has sufficient bank facilities and internal resources to repay the borrowings due in 2026. The Manager will continue to adopt a rigorous and focused approach to capital management. The Manager is also committed to diversifying funding sources and will continue to review its debt profile to reduce refinancing risk. Interest rate sensitivity assuming 1% p.a. increase in interest rate Estimated additional interest expense +S$26.36 million p.a¹ Estimated DPU –0.35 cents2 1 Computed on full year basis on floating rate borrowings of CICT Group (excluding proportionate share of joint ventures’ borrowings) as at 31 December 2025. 2 Based on the number of units in issue as at 31 December 2025. 52% Unsecured Bank Loans 38% Medium Term Notes 10% Secured Bank Loans Funding Sources1 As at 31 December 2025 1 Excludes share of joint ventures' borrowings
RkJQdWJsaXNoZXIy NTkwNzg=