CapitaLand Investment Limited - Annual Report 2021

FY 2021 Performance Review BUSINESS PERFORMANCE FY 2021 Investments Value (S$ million) Entity A portfolio of 11 data centres in Europe 904.6 Ascendas Reit 11 last mile logistics properties in Kansas City, USA 207.8 Ascendas Reit livelyfhere Gambetta Paris in France and Somerset Metropolitan West Hanoi in Vietnam 210.0 Ascott Serviced Residence Global Fund Three rental housing properties - City Court Kita 1 jo, Big Palace Minami 5 jo, and Alpha Square Kita 15 jo in central Sapporo, Japan 85.2 ART Paloma West Midtown in Atlanta, USA 129.7 ART Wildwood Lubbock, student accomodation in Texas, USA 93.8 ART Seven07, a student accommodation in Illinois, USA 112.4 ART Four student accommodation in Pennsylvania, North Carolina and Ohio, USA 291.2 ART Student accommodation property in South Carolina (Development), USA 146.2 ART and Ascott 66 Goulburn Street & 100 Arthur Street in Sydney, Australia 672.0 CICT 50.0% interest in 101 – 103 Miller Street and Greenwood Plaza in North Sydney, Australia 409.3 CICT A logistics facility in Ibaraki City, Osaka, Japan 90.8 CLI Foodist Icheon Centre and Foodist Gyeongin Centre in South Korea 150.3 CLK 10 Third cold storage logistics property in Gwangju, South Korea¹ 148.0 CLK 11 50% stake in Yokohama Blue Avenue and 100% stake in Sun Hamada, Japan 297.9 COREF 50% stake in Yokohama Blue Avenue and 20% interest in Shinjuku Front Tower, Japan 537.7 Orchid One Godo Kaisha FY 2021 Divestments Value (S$ million) Entity 82 Noosa Street and 62 Stradbroke Street in Brisbane, Australia 104.5 Ascendas Reit 1314 Ferntree Gully Road in Melbourne, Australia 24.2 Ascendas Reit Citadines City Centre Grenoble, France 13.0 ART Olinas Mall and Seiyu & Sundrug Higashimatsuyama in Greater Tokyo, Japan 520.0 CLI 50% stake in Yokohama Blue Avenue and 100% stake in Sun Hamada, Japan 297.9 CLI 50% stake in Yokohama Blue Avenue and 20% interest in Shinjuku Front Tower, Japan 537.7 CLI Citadines Sukhumvit 23 Bangkok, Thailand 24.8 CLI FY 2021 Transactions 1 Announced in 2022. Our Stakeholders Global call for nominations for the 2021 CapitaLand Core Values Ambassador Awards, featuring the winners from 2020. Our commitment to stakeholder engagement and collaboration is built upon our firm belief that open and honest two-way communication and knowledge-sharing can help us to better understand the concerns of our stakeholders. This in turn enables us to define our key priorities and guide our initiatives to better address our stakeholders’ needs as we advance our overall business, environmental and social objectives. Our focus on meeting investors’ expectations, and supporting and caring for our colleagues, customers and the communities in which we operate, remains steadfast through these unprecedented times. Our key stakeholders are categorised into four groups, namely: our People, our Investors, our Customers, and our Communities. Our People We recognise that our employees are our greatest asset and the most important investment. We continue to place emphasis on purpose-driven initiatives that allow us to stay competitive and agile in the face of disruptions. We are anchored by a collaborative organisational culture that is driven by our shared vision, mission and core values. Our winning mindset, enterprising spirit, respect for one another and uncompromised integrity all serve as our guiding compass and contribute to building, retaining, and motivating our top talents. 2021 was a transformative year with the restructuring of CapitaLand Limited and listing of CapitaLand Investment (CLI) amidst the ongoing COVID-19 pandemic. With our sharpened focus, we ramped up employee engagement activities to ensure that our colleagues remain engaged, inspired, and supported. We increased the frequency of employee townhalls and company-wide pulse surveys to ensure that our employees’ voices were heard. We readily supported flexible work arrangements and outsourcing of non- core transaction work, to enable our staff to better focus on higher-value core work. These efforts were well received based on the results from our last global pulse survey conducted in November 2021, with 84%of our survey participants selecting “Agree” or “Strongly Agree” when asked if the restructuring exercise was well-managed. As part of our efforts to continue to build and empower a future-ready workforce, we invested over S$1 million in learning and development globally and delivered more than 415,000 hours of training to our employees. About 95%of our employees took part in these training initiatives, which covered a broad range of topics such as workplace diversity and digital enrichment. Annual Report 2021 57 CapitaLand Investment Limited 56