About This Report About CapitaLand Ascendas REIT CapitaLand Ascendas REIT (CLAR) is Singapore’s first and largest listed business space and industrial real estate investment trust (REIT). It was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in 2002 and is headquartered in Singapore. As of 31 December 2025, CLAR’s portfolio is valued at S$18.2 billion, spanning properties across Singapore, Australia, the United States (US), the United Kingdom (UK), and Europe (EU). CLAR is a CapitaLand Investment (CLI)-sponsored REIT, operated through CLI’s wholly owned subsidiaries. These include CapitaLand Ascendas REIT Management Limited (the Manager), along with dedicated Asset and Property Managers1 who handle day-to-day operations. As CLAR does not employ staff directly, any references to employees in this report refer to personnel from the Manager. Reporting Scope This is CLAR’s 14th Sustainability Report (SR), having been published annually since FY 2013. The report covers CLAR’s initiatives supporting the CLI 2030 Sustainability Master Plan (SMP) for the financial year from 1 January 2025 to 31 December 2025 (FY 2025). The reporting period is consistent with CLAR’s Annual Report (AR). This SR encompasses 222 properties owned by CLAR (excluding four properties under development2 and two plots of land3 as of 31 December 20254), with a primary focus on 96 properties located in Singapore, Australia, the US, the UK, and EU, where CLAR has operational control5. Relevant Environmental, Social, and Governance (ESG) data - such as tenant environmental data and Scope 3 emissions, where available, are also included in the ESG data pack, accessible on CLAR’s website at https:// investor.capitaland-ascendasreit.com/sustainability_reports. html. As of 31 December 2025, approximately 54% of CLAR’s portfolio by Gross Floor Area (GFA) falls under the operational oversight of its Asset & Property Managers. 1 Properties located in Singapore are held directly by CLAR (except Galaxis, 1 Buroh Lane, 9 Tai Seng Drive and 9 Kallang Sector, which are held under wholly owned subsidiaries of CLAR) and are managed by Ascendas Services Pte Ltd (Property Manager). Properties located in Australia are held through wholly owned subsidiaries of CLAR and are managed by Ascendas Funds Management (Australia) Pty Ltd together with CapitaLand Australia Pty Ltd and third‑party managing agents. Properties located in the UK / Europe are held through wholly owned subsidiaries of CLAR and are managed by CapitaLand International Management (UK) Ltd together with third‑party managing agents. Properties located in the US are held through wholly owned subsidiaries of CLAR and managed by CapitaLand International (US) LLC, together with third‑party managing agents. 2 27 IBP and Logis Hub @ Clementi, Singapore, Welwyn Garden City, UK, and Summerville Logistics Center, US. 3 Manton Wood and Towcester, UK. 4 Data for 31 Ubi Road 1, 9 Changi South Street 3, 10 Toh Guan Road, 19 & 21 Pandan Avenue, 30 Tampines Industrial Avenue 3, Singapore, 95 Gilmore Road, Australia, Astmoor Road, UK, 8700-8770 Nimbus and Parkside, US were included up to the date of divestment and data for Logis Hub @ Clementi, Singapore was included up to the date of decommissioning. 5 Operational control is defined as having the full authority to introduce and implement its operating policies at the operation, based on the Greenhouse Gas (GHG) Protocol Corporate Standard. 6 CLI GSR 2025 will be published by 31 May 2026 on the CLI website. Rules, Standards and Guidelines The following listing rules, standards, and guidelines were taken into account and/or adopted in preparation of this report: • SGX-ST Listing Manual Rules 711A and 711B • International Financial Reporting Standards (IFRS) S2: Climate-related Disclosures and climate relevant provisions of IFRS S1: General Requirements for Disclosure of Sustainability-related Financial Information as outlined by SGX-ST Listing Rule 711B • Sustainability Accounting Standards Board (SASB) Real Estate Standards • Global Reporting Initiative (GRI) Standards 2021 • United Nations Sustainable Development Goals (UN SDGs) These standards were chosen for their global recognition and widespread adoption, reflecting the growing need for sustainability-related financial disclosures in general-purpose reporting. This report is aligned with IFRS S2 and the climaterelevant provisions of IFRS S1, which has replaced previous Task Force on Climate-related Financial Disclosures (TCFD) aligned disclosures in compliance with the SGX-ST Listing Rule 711 and Practice Note 7.6 on Sustainability Reporting. This report has been renamed Sustainability Report from Integrated Sustainability Report to reflect the integration of the IR Framework into the IFRS Sustainability Standards. Review and Assurance This report has undergone rigorous internal review. As a CLIsponsored REIT, CLAR’s data is consolidated as part of CLI’s Global Sustainability Report (GSR)6, which is externally assured in accordance with the International Standard on Assurance Engagements (ISAE) 3000. While this report itself has not been externally assured, an independent external review was conducted to ensure compliance with SGX-ST Listing Manual Rules 711A and 711B. CLAR will consider obtaining separate external assurance for its future reports. Feedback CLAR values your input and welcomes questions and feedback, which can be sent to clar@capitaland.com. Sustainability Report 2025 01
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