Customer Credit & Risk Management To minimise customer credit risk, a credit evaluation process has been established to assess the credit worthiness of CLAR’s customers. Based on standard industry practice, one month’s worth of gross rental is usually held as security deposit for each year’s lease. For long-term leases in single-tenant properties, a larger sum of security deposit may be held. This is dependent on the length of the lease, the credit risks of such customers and commercial negotiation. The weighted average security deposit for the portfolio is approximately 5.2 months of rental income. With a customer base of 1,731 local and international companies, rigorous and conscientious effort has been put in to manage accounts receivables. More than 70% of rental receipts are collected via interbank GIRO services. This enables the Manager to react efficiently and appropriately towards any delinquency in payment. CLAR’s customer base is diversified across more than 20 industries. In particular, the properties cater to the technology (information & communications technology, data centres, engineering, electronics and e-commerce), logistics and biomedical sciences industries. Approximately 68% of monthly rental income is contributed by tenants from these industries. Top ten customers accounted for not more than 16.3% of CLAR’s monthly gross revenue and the majority of these customers are either multinational or listed companies. Furthermore, no single property accounts for more than 4.0% of CLAR’s annual gross revenue, offering income diversity within the portfolio. Customers' Industry Diversification by Monthly Rental Income (as at 31 December 2025) Note: Any discrepancies in the chart between the listed figures and totals thereof are due to rounding. Where applicable, figures and percentages are rounded to one decimal place. 1 International organisations/non-governmental organisations/non-profit organisations. 2 Fast moving consumer goods. 12.2% 12.1% 11.5% 10.2% 10.2% 8.0% 5.7% 5.0% Data Centres Engineering Logistics & Supply Chain Management Biomedical Sciences Electronics Information & Communications Technology Government Financial Services Distributors & Trading Company e-Commerce Retail Food & Beverages Media Chemical Professional Services Education Natural Resources / Energy / Utilities Textile & Garments Real Estate IO/NGOs/NPOs1 FMCG2 Hospitality & Leisure Agriculture 4.1% 4.0% 3.9% 3.8% 2.3% 1.9% 1.7% 1.0% 0.6% 0.6% 0.5% 0.3% 0.2% 0.1% 0.1% Technology (ICT, Data Centres, Engineering, Electronics, e-Commerce) 46.5% Logistics & Supply Chain Management 11.5% Biomedical Sciences 10.2% Others 31.8% Diversified across >20 industries Annual Report 2025 35
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