CapitaLand Ascendas REIT - Annual Report 2025

Property Acquisition/ Completion Date Purchase Price*/ Development Cost (S$ million) Valuation as at 31 December 2025# (S$ million) Business Space Properties Raleigh, North Carolina 143 5200 East & West Paramount Parkway## 11 Dec 19 105.8 38.3 144 Perimeter One## 11 Dec 19 76.8 53.4 145 Perimeter Two 11 Dec 19 76.0 45.1 146 Perimeter Three 11 Dec 19 82.8 76.5 147 Perimeter Four 11 Dec 19 70.3 47.0 Total (Business Space Properties, Raleigh) 411.7 260.2 San Diego, California 148 10020 Pacific Mesa Boulevard## 11 Dec 19 169.2 168.8 149 15051 Avenue of Science 11 Dec 19 35.5 36.2 150 15073 Avenue of Science 11 Dec 19 26.3 23.5 151 15231, 15253 & 15333 Avenue of Science 11 Dec 19 92.0 82.7 152 15378 Avenue of Science 11 Dec 19 35.1 29.7 153 15435 & 15445 Innovation Drive 11 Dec 19 57.2 42.3 154 5005 & 5010 Wateridge 11 Dec 19 119.0 55.6 Total (Business Space Properties, San Diego) 534.3 438.9 San Francisco, California 155 510 Townsend Street 21 Nov 20 498.6 338.9 156 505 Brannan Street 21 Nov 20 269.4 205.2 Total (Business Space Properties, San Francisco) 768.0 544.1 Total (Business Space Properties) 1,962.4 1,420.4 Life Sciences Properties San Diego, California 157 6055 Lusk Boulevard 11 Dec 19 47.3 153.2 Total (Life Sciences Properties, San Diego) 47.3 153.2 Total (Business Space Properties, United States) 2,009.7 1,573.6 Notes: * Purchase Price excludes transaction cost associated with the purchase of the property. # The valuation for these properties were based on Capitalisation Approach and Discounted Cash Flow Analysis. Based on exchange rate of US$1.0000: S$1.2986 as at 31 December 2025. ## As at 31 December 2025, these properties recorded a depreciation on revaluation against their corresponding US$ values as at 31 December 2024 due to changing market conditions and/or shorter unexpired lease term. Business Space & Life Sciences Properties United States CapitaLand Ascendas REIT 62

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