CapitaLand Ascendas REIT - Annual Report 2025

2 Pioneer Sector 1, Singapore 2 Pioneer Sector 1 is a four-storey ramp-up logistics property completed in 2023 and acquired from DBS Trustee Limited (in its capacity as Trustee of Supreme REIT). It offers best-in-class specifications such as high ceilings, excellent floor loading capacity, and dedicated loading bays with ample dock levellers. Located within Jurong Industrial Estate, Singapore's first and largest industrial hub, it enjoys proximity to Jurong Port, Tuas Mega Port and Tuas Second Link which connects Singapore to Johor, Malaysia. Accessibility is further enhanced by its five-minute drive to the AYE and Pan Island Expressway (PIE). Purchase price: S$192.9 million Acquisition date: 30 December 2025 Tuas Connection, Singapore Tuas Connection features 15 double-storey industrial units and was acquired from DBS Trustee Limited (in its capacity as Trustee of Supreme REIT). It is suitable for manufacturing and production, offering dedicated compounds, excellent floor loading capacity and functional layouts for operational efficiency. Located within Jurong Industrial Estate, Singapore's first and largest industrial hub, it is near Jurong Port, Tuas Mega Port and Tuas Second Link which provides connectivity to Johor, Malaysia. The property also benefits from easy access to the AYE and PIE, both just a five-minute drive away. Purchase price: S$166.9 million Acquisition date: 30 December 2025 9 Kallang Sector, Singapore 9 Kallang Sector is an eight-storey, high-specifications industrial property completed in 2019 and was acquired from DBS Trustee Limited (in its capacity as Trustee of Supreme REIT). A modern, built-to-suit development close to Singapore's CBD within the Kallang Planning Area, the property is surrounded by diverse F&B options, amenities and two MRT stations nearby, ensuring convenience for tenants. Adjacent to the PIE, it provides excellent connectivity, being just a 15-minute drive from both Changi International Airport and the CBD, making it an ideal location for businesses seeking accessibility and modern facilities. Purchase price: S$206.0 million Acquisition date: 30 December 2025 The Manager’s Review of FY 2025 CapitaLand Ascendas REIT 24

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