Portfolio Updates

Gurney Plaza, Penang, Malaysia Occupancy Rate

As at 31 December 2020 2019 2018 2017 2016

Gurney Plaza 98.6% 99.8% 99.9% 99.4% 99.1%

East Coast Mall 97.4% 99.5% 99.0% 98.9% 98.4%

Sungei Wang Plaza 64.2% 82.0% 75.3% 90.1% 91.0%

3 Damansara Property 77.0% 92.8% 92.3% 91.6% 93.0%

The Mines 85.2% 90.5% 89.1% 94.4% 98.0%

CMMT Portfolio 86.6% 93.8% 93.2% 95.4% 96.5%

19 Portfolio Lease Expiry (By Year)

CMMT (Retail) As at 31 December 2020 Gross Rental Income % of Total No of Leases1 RM’000 Gross Rental Income2 2021 617 7,806 40.7% 2022 331 6,603 34.5% 2023 195 4,549 23.7% Beyond 2023 10 211 1.1%

CMMT (Office) As at 31 December 2020 Gross Rental Income % of Total No of Leases1 RM’000 Gross Rental Income3 2021 5 169 54.1% Beyond 2021 2 143 45.9% 1. Based on all committed leases as at 31 December 2020. 2. Based on committed gross rental income for CMMT (Retail) as at 31 December 2020. 3. Based on committed gross rental income for CMMT (Office) as at 31 December 2020.

20 Portfolio Lease Expiry Profile for 2021

As at 1 % of Net Lettable % of Gross Rental No. of Leases 1 1 31 December 2020 Area Income

Gurney Plaza 190 10.8% 16.7% East Coast Mall 100 5.8% 8.2% Sungei Wang Plaza 99 4.5% 3.0% 3 Damansara 83 10.1% 5.1% The Mines 145 12.9% 7.1% CMMT (Retail) 617 44.1% 40.1%

3 Damansara Office Tower 5 1.3% 0.9%

CMMT Portfolio (Retail & Office) 622 45.4% 41.0%

1. Based on committed leases for CMMT Portfolio(Retail + Office) as at 31 December 2020.

21 Shopper and Vehicular Traffic

Shopper Traffic Vehicular Traffic 42.8% lower than FY 2019 30.9% lower than FY 2019

Traffic (‘000) Traffic (‘000)

60,000 56,688 9,000 7,867 50,000

40,000 6,000 5,434 32,442 30,000

20,000 3,000

10,000

0 0 FY 2020 FY 2019 FY 2020 FY 2019 22 Retail Performance

Shopper traffic recovered to 57% while tenant sales psf recovered to 81% from 2019 levels

FY 2020: 2Q 2020 -19.0%2 YoY • Shopper traffic and tenant sales were impacted following the FY 2020: implementation of MCO and -42.8% YoY CMCO

3Q 2020 • Shopper traffic and tenant sales psf saw q-o-q recovery of 145.4% and 20.2% respectively

4Q 2020 • In October 2020, CMCO was re- introduced due to the 1Q 20 2Q 20 3Q 20 4Q 20 resurgence of COVID-19 Shopper Traffic Tenant Sales transmissions • Shopper traffic declined 15.3% 1. Shopper traffic and tenant sales were impacted by the MCO (18 March to 3 May) and CMCO (4 May to 9 June) implemented by the Government to curb the spread of COVID-19. Subsequently, while tenant sales psf grew 3.9% CMCO was reinstated in Klang Valley from 14 October followed by Penang from 9 November. from the previous quarter 2. Change in tenant sales per square foot. 23 Value Creation: Gurney Plaza

Gurney Food Hall is an upscale contemporary food hall located on Level 4 and features a modern and cosy interior design. The 33,000 sq ft food haven showcases an intricate concept comprising a variety of details based on local elements with each zone – The Pier, The Port, The Palm and The Patio, representing landmarks in Penang.

The Pier The Port

The Palm The Patio 24 Gurney Food Hall

With a seating capacity of 600, shoppers will be spoilt for choice ranging from local street food to international cuisine when dining in this food haven. Among the local favourites include The Roasted C., Penang Hong Zhai, Uncle King Pan Mee and Triple Star Hainanese Chicken Rice while the international flavours found here are Hana Ramen, Mr Shawerma, Chennai Express, Thailander and Sailor Gourmet.

The official launching of Gurney Food Hall with representatives of Gurney Plaza and Tourism Malaysia, and various performances held to commemorate the occasion.

25 New Retail Offerings: Gurney Plaza

New international fashion and cosmetics brands introduced to Northern region

A variety of new dining options, including patisserie, to refresh mall’s offerings 26 New Retail Offerings: East Coast Mall

New-to-market brands introduced to East Coast region

Variety of new food and beverage options 27 New Retail Offerings: The Mines

Introduced Tesco supermarket, now known as Lotus’s, to strengthen neighbourhood mall Various food and beverage brands were positioning introduced including Memang Meow

New fashion brands including Max Fashion Specialty telecommunication concept stores introduced at Digitamart on Level 4 were introduced 28 New Retail Offerings

More variety of service-related offerings were introduced to shoppers and the office community at 3 Damansara

Official opening of MinNature, Asia’s largest indoor miniature and train exhibition, in Introduced new offerings to Sungei Wang Plaza JUMPA@Sungei Wang 29 Shopper Engagement

Continued shopper engagement through on ground and social media initiatives

On ground events were organised with strict adherence to safety protocols

Livestreaming sessions to promote participating tenants’ latest offerings Live events to connect with social media audience 30 Sustainability Management

3 Damansara, Selangor, Malaysia31 Prioritising ESG matters • From the 2009 baseline: • Energy Intensity: 31.3% reduction in energy usage in KWh/m2 • Carbon Intensity: 30.4% reduction in carbon intensity in kg/m2 • Water Intensity: 29.5% reduction in water usage in m3/m2 Environment • Cost avoidance of more than RM28.1 million for utilities • 73% of CMMT portfolio has achieved green rating • CMMT portfolio retained ISO14001 and ISO 45001 certifications • All CMMT properties participated in the recycling of waste programme and Earth Hour initiative

• 64% of CMMT’s employees are aged between 30 and 50 years • 43% of senior and middle management are women Social • Zero incident resulting in staff permanent disability or fatality • Invested about RM212,000 to benefit 4,000 children from 80 orphanages and 300 needy families

• Zero tolerance policy towards corruption and bribery Governance • No reported incident relating to discrimination, child labour or forced labour 32 Looking Ahead

East Coast Mall, Kuantan, Malaysia Pursue Operational Recovery

Strengthening CMMT’s retail ecosystem and ensure long-term viability

Malaysia • 2020 GDP contracted 5.6% year-on-year Economy • Nationwide state of emergency has been declared by the Government until 1 August 2021 to control the spread of COVID-19 • MOF expects GDP growth target of between 6.5% and 7.5% in 2021 • Economic recovery is partly subject to a successful vaccination roll-out nationwide, vaccine efficacy and containment of COVID-19 Retail • Operating conditions remain challenging due to the pandemic crisis and retail Environment stock oversupply • Continued pressure on rental reversion and occupancy due to subdued consumer and retailer sentiments • Relaxation of trades operable under movement restriction orders will facilitate retail sector’s recovery

Note: As at 15 March 2021, Gurney Plaza, Sungei Wang Plaza, 3 Damansara Property and The Mines are under Conditional Movement Control Order while East Coast Mall is under Recovery Movement Control Order

34 Pursue Operational Recovery (cont’d)

Strengthening CMMT’s retail ecosystem and ensure long-term viability

Operational • Prioritising health, safety and well-being of stakeholders Focus • Target approach in tenant support measures and deepen tenant engagement • Strike a balance between rental reversions and occupancy to ensure portfolio stability • Prioritising cost containment measures • Enhance operational efficiencies • Deepen digital marketing initiatives to drive tenant sales Capital • Cash conservation through Distribution Reinvestment Plan Management • Healthy financial position with adequate banking facilities to meet financial and operational obligations • Debt headroom of approximately RM1.1 billion • No near-term refinancing requirements until 2022 • Capitalise on low interest rate environment to re-fix long-term fixed rate loans

35 Thank you For enquiries, please contact: Ms Jasmine Loo (Investor Relations) Email: [email protected] CapitaLand Malaysia Mall REIT Management Sdn. Bhd. (http://www.cmmt.com.my) Unit No. 1-27, Level 27, Naza Tower, No. 10 Persiaran KLCC, 50088 Kuala Lumpur Tel: +603 2279 9888; Fax: +603 2279 9889 Supplementary Information

The Mines, Seri Kembangan, Selangor CapitaLand Malaysia Mall Trust Primarily shopping mall-focused with an income and geographically-diversified portfolio

RM1.3b RM4.0b 5 > 3.1m sq ft Market Capitalisation* Asset Size# Shopping Malls NLA#

Sungei Wang Plaza1, Kuala Lumpur The Mines, Seri Kembangan, Selangor Gurney Plaza, Penang

East Coast Mall, Kuantan, Pahang 3 Damansara Property2, Petaling Jaya, Selangor

Five shopping malls and a complementary office block strategically located across Malaysia

1. CMMT’s interest in Sungei Wang Plaza comprises (i) 205 strata parcels within the mall which represents approximately 61.9% of the aggregate retail floor area of Sungei Wang Plaza and (ii) 100.0% of the car park bays in Sungei Wang Plaza 2. 3 Damansara Property comprises 3 Damansara and 3 Damansara Office Tower 38 *# As at 31 December 2020 Income and Geographically Diversified Portfolio

Gurney Plaza, Penang The Mines, Selangor

● Penang’s premier lifestyle ● Suburban shopping mall with mall Venetian-like canal ● Located at Gurney Drive ● Part of Mines Resort City, an ● Large middle/upper integrated retail, income catchment entertainment and business population Penang destination ● Includes a 9-storey retail ● Accessible via highways and extension block Malaysia Kuantan public transport 2 NLA (sq ft)2 : 886,981 NLA (sq ft) : 733,787 Kuala Lumpur 1 Valuation (RM mm)1 : 1,665.0 Valuation (RM mm) : 680.0 Petaling 2 Occupancy (%)2 : 98.6 Occupancy (%) : 85.2 Jaya Selangor Sungei Wang Plaza3, Kuala Lumpur East Coast Mall, Kuantan

● Unique shopping mall with ● Modern family lifestyle mall wide range of products ● Located in the heart of Kuantan city centre and services TM ● Strategically located 13% ● Part of Putra Square within KL’s CBD development, which also ● Easily accessible via comprises Zenith Hotel and ECM Sultan Ahmad Shah SMART tunnel and 22% monorail International Convention Centre GP 2 NLA (sq ft)2 : 411,631 60% 3DP NLA (sq ft) : 466,364 Valuation (RM mm)1 : 475.0 5% Valuation (RM mm)1 : 578.0 2 Occupancy (%)2 : 97.4 Occupancy (%) : 64.2 SW 0% 3 Damansara Property, Petaling Jaya FY 2020 NPI : RM133.5 million 1. Based on valuations as at 31 Dec 2020 ● Part of an integrated 2. As at 31 Dec 20 development 3. CMMT’s interest in Sungei Wang Plaza ● Modern family lifestyle Portfolio Overview mall consists of approximately 61.9% of the NLA2 (’000 sq ft) 3,067 ● Strategically located at aggregate retail floor area of Sungei Wang the intersection of 2 Portfolio property valuation1 Plaza and 100% of the car park lots in Sungei 3,895.0 major highways (RM’mil) Wang Plaza. All information in this Retail Office presentation pertains solely to CMMT’s strata Number of leases2 1,175 NLA (sq ft) 2 : 467,141 101,258 area. Valuation (RM mm)1 : 496.0 Occupancy2 (%) 86.6 Occupancy (%)2 : 81.2 57.4 39 Track Record Since IPO

Acquisition of Gurney Plaza Extension (RM 215mil) Funded via private placement Dec and debt 2020 Investment Properties Acquisition of East Coast Mall at 31 Dec 20: Investment (RM 310mil) RM 3,895mil Properties at 2015 IPO: RM 2,130mil Funded via private placement

Acquisition of 3 Damansara 2010 Property 2011 (RM 540mil) Funded via private placement and debt Assets under Management (RM mil) Gurney Plaza The Mines Sungei Wang Plaza East Coast Mall 3 Damansara Property

3,886 3,938 3,966 4,019 4,035 3,895 570 556 540 3,079 3,233 565 588 496 2,781 2,936 434 469 490 511 555 577 579 349 373 2,130 330 680 700 720 727 728 715 680 2,143 559 594 629 540 542 780 625 583 545 538 475 792 819 837 824 740 745 1,372 1,515 1,575 1,635 1,665 1,665 850 856 1,100 1,174 1,240 1,295

At IPO1 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

1. Listed on the Main Market of Bursa Malaysia on 16 July 2010. 40 5-Year Financial Performance Gross Revenue (RM mil) Distributable Income (RM mil) 372.6 350.1 368.9 342.3 161.3 167.4 171.1

261.4 128.0

2

61.8

FY 2020 FY 2019 FY 2018 FY 2017 FY 2016 FY 2020 FY 2019 FY 2018 FY 2017 FY 2016 Total Assets (RM mil) Distribution Per Unit (sen)

4,177.9 4,143.0 4,148.9 8.22 8.43 4,143.8 7.90

3,999.4 6.25

1

3.00

41 FY 2020 FY 2019 FY 2018 FY 2017 FY 2016 FY 2020 FY 2019 FY 2018 FY 2017 FY 2016 Well-diversified Trade Mix

Trade sector % of Gross Rental Income1

Fashion / Accessories 28.6

Food & Beverage 21.2

Beauty / Health 14.2 Leisure & Entertainment / 6.7 Sports & Fitness Electronics / I.T. 6.7

Departmental Store 5.9

Services 4.9

Gifts / Specialty / Books / Hobbies / Toys / Lifestyle 3.3

Houseware / Furnishings 3.1

1 Others 3.0

Supermarket / Hypermarket 2.4

Total 100.0

42 1. Based on total gross rental income and net lettable area as at 31 December 2020. Top 10 Tenants

Tenant Trade sector % of Gross Rental Income1

Parkson Elite / Parkson Departmental Store 5.6 Padini Concept Store Fashion / Accessories 1.4 Leisure & Entertainment / Sports & Golden Screen Cinemas 1.2 Fitness CGS –CIMB Securities Sdn. Bhd. Others 1.1

Uniqlo Fashion / Accessories 0.9

Watsons Beauty / Health 0.9

F.O.S Fashion / Accessories 0.9 Leisure & Entertainment / Sports & J Sports / JD Sorts, King of Trainers 0.8 Fitness Nando’s Food & Beverage 0.8

MR D.I.Y 1 Houseware / Furnishings 0.8

Total 14.4

1. Based on total gross rental income as at 31 December 2020

43