CapitaLand Integrated Commercial Trust - Annual Report 2025

39 Annual Report 2025 This review is categorised into three main sections: Portfolio, Retail and Office. The operating metrics and sector trends include the retail and office components of integrated developments, in addition to the standalone retail and office properties, unless stated otherwise. The Retail section comprises CICT's Singapore-centric retail portfolio, while the Office section comprises the Singapore, Australia and Germany office portfolios. On 30 May 2025, CICT divested the non-core SR Component of CapitaSpring before acquiring the remaining 55% interest in its Commercial Component on 26 August 2025. Following that, CapitaSpring was reclassified under Office from Integrated Development. Gallileo, an office property in Frankfurt, Germany, has completed the progressive handover of Phase 1 (office tower) to the major tenant in December 2025. Handover of Phase 2 is targeted to complete in 1Q 2026. All information provided is as at 31 December 2025. Includes Bukit Panjang Plaza, which was part of the portfolio as at 31 December 2025. Operations Review Portfolio CICT maintained a high committed occupancy across its portfolio and asset classes, driven by proactive asset and lease management efforts. In 2025, CICT signed over 1.8 million square feet of new and renewal leases across the portfolio. Additionally, the Singapore retail and office portfolios achieved a tenant retention rate of 83.7% and 72.7%, respectively. Committed Occupancy1 (%) Healthy occupancy levels and lease tenures across portfolio 1 Committed occupancy excludes any AEI space undergoing works during their respective periods. 2 Committed occupancy includes Gallileo but excludes the space under reconfiguration for community use in Capital Tower. 3 Committed occupancy excludes CapitaSpring which has been reclassified under the Office portfolio. Portfolio Office Integrated Development Retail 96.7 96.92 95.72 94.8 98.9 97.73 99.3 98.7 31 Dec 2024 31 Dec 2025 31 Dec 2024 31 Dec 2025 31 Dec 2024 31 Dec 2025 31 Dec 2024 31 Dec 2025 Weighted Average Lease Expiry (WALE) and Lease Expiry Profile CICT maintained a stable and well spread lease expiry profile. Less than a quarter of the portfolio’s gross rental income (GRI) is due for renewal in a year. GRI includes service charge, advertising and promotional charge, where applicable, but excludes gross turnover rent (GTO). As at 31 December 2025, CICT’s portfolio WALE by committed GRI based on CICT’s proportionate interests, eased to 3.0 years from 3.3 years as at 31 December 2024, largely due to passing of time. The WALE of leases signed and commenced in 2025 for retail, office and integrated development was 3.0 years. The proportion of revenue attributed to these leases was approximately 18% of CICT’s portfolio committed GRI for December 2025. This includes the proportionate interests in CapitaSky, ION Orchard, 101 – 103 Miller Street and Greenwood Plaza, Gallileo and Main Airport Center. 4.3 years Integrated Development Portfolio WALE 3.2 years Office Portfolio WALE 1.9 years Retail Portfolio WALE

RkJQdWJsaXNoZXIy NTkwNzg=