CapitaLand Ascott Trust announced the current expectation of the Managers is that the quantum of distribution under the Advanced Distribution will be approximately 0.694 Singapore cents per Stapled Security (comprising a taxable income component of 0.086 Singapore cents per Stapled Security, a tax-exempt component of 0.286 Singapore cents per Stapled Security and a capital component of 0.322 Singapore cents per Stapled Security). The Advanced Distribution will only be distributed in respect of the existing Stapled Securities held as at 5.00 p.m. on the Advanced Distribution Record Date. The actual quantum of the distribution per Stapled Security under the Advanced Distribution (which may differ from the estimate above) will be announced on a later date after the management accounts of CLAS for the relevant period have been finalised.

Stapled Securityholder whose securities accounts with The Central Depository (Pte) Limited ("CDP") are credited with Stapled Securities as at 5.00 p.m. on the Advanced Distribution Record Date will be entitled to the Advanced Distribution that will be paid on or around 11 October 2023. The private placement new stapled securities are expected to be issued on or around 14 August 2023 (the advanced distribution record date).