SUSTAINABILITY & GOVERNANCE 100 SUSTAINABILITY REPORT ABOUT THIS REPORT CDLHT presents its ninth Sustainability Report for FY 2025, designed to be read alongside the CDLHT Annual Report, with cross-references to relevant sections. For FY 2025, CDLHT continued its internal review of sustainability processes as part of a multi-year audit cycle, with support from an external ESG consultant. External assurance was conducted on our Singapore portfolio’s Greenhouse Gas (“GHG”) Scope 1 and 2 emissions; for further details, please refer to the Climate Action and Energy Management section. Listed on the Singapore Exchange Securities Trading Limited since 2006, CDLHT comprises CDL Hospitality Real Estate Investment Trust (“H-REIT”) and CDL Hospitality Business Trust (“HBT”). H-REIT’s principal investment strategy focuses on investing in a diversified portfolio of income-producing real estate, which is or will be primarily used for hospitality, hospitality-related, and other accommodation and/or lodging purposes globally. HBT’s principal investment strategy is to invest in a portfolio of real estate or development projects, which is or will be primarily used for hospitality, hospitality-related and other accommodation and/or lodging purposes globally and may also include the operation and management of real estate assets held by H-REIT and HBT. M&C REIT Management Limited serves as the manager of H-REIT (the “H-REIT Manager”), while M&C Business Trust Management Limited is the trustee-manager of HBT (the “HBT Trustee-Manager”, and collectively the “Managers”. For more details on CDLHT’s business, please refer to page 2 of the Annual Report. Reporting Period and Scope CDLHT’s portfolio comprises 22 properties across multiple geographies. The FY 2025 reporting scope covers 19 properties for the ESG indicators (other than GHG emissions and social indicators). In accordance with GHG Protocol’s Scope 1, 2 and 3 GHG emissions, as well as all social indicators, only the Managers’ Office and The Lowry Hotel, where we have direct operational control, are included within the reporting scope. For 18 of the properties, where CDLHT does not have direct operational control, GHG emissions are reported under Scope 3 Category 13 (Downstream Leased Assets). Social indicators for these properties are excluded from the reporting scope due to the absence of direct operational oversight. (1) Portfolio Properties Location Orchard Hotel (including Claymore Connect) Singapore Grand Copthorne Waterfront Hotel M Hotel Copthorne King’s Hotel Studio M Hotel W Singapore - Sentosa Cove Grand Millennium Auckland New Zealand Mercure Perth Australia Ibis Perth The Halcyon Private Isles Maldives (“The Halcyon”) (2) Maldives Angsana Velavaru Hotel MyStays Asakusabashi Japan Hotel MyStays Kamata Benson Yard United Kingdom The Lowry Hotel Hilton Cambridge City Centre Hotel Indigo Exeter The Castings voco Manchester Pullman Hotel Munich Germany Hotel Cerretani Firenze - MGallery Italy Reporting Standards And Guidelines This Report complies with the SGX Listing Rules 711A and 711B and has been prepared with reference to the Global Reporting Initiative (“GRI”) Sustainability Reporting Standards. We adopt the GRI Standards because they offer internationally recognised, comprehensive guidance for managing, measuring, and setting targets for our material ESG topics. We continue to reference the Sustainability Accounting Standards Board (“SASB”) standards to enhance the relevance of our disclosures for investors and stakeholders Our climate disclosures remain aligned with the Task Force on Climate-related Financial Disclosures (“TCFD”) framework. This report describes CDLHT’s approach to further managing climate-related risks and opportunities, sets out our key metrics and targets, and highlights our progress in conducting climate scenario analysis, as well as our broader preparations for compliance with the ISSB’s IFRS S1(3) and S2(4) standards. These disclosures have also been prepared in accordance with the Guidelines on Environmental Risk Management for Asset Managers issued by the Monetary Authority of Singapore (“MAS”). The Content Index can be found on page 98 of this Report. (1) The 18 properties comprise of all the portfolio assets with the exception of The Lowry Hotel, voco Manchester and the two living assets (The Castings and Benson Yard). voco Manchester - City Centre in the United Kingdom has been excluded from FY 2025’s ESG reporting scope as it operates under a fixed-rent lease arrangement involving separate occupational lessee and hotel manager counterparties, which limits CDLHT’s access to operational data. The Castings and Benson Yard are excluded from FY 2025 environmental and social performance metrics as they were recently acquired and/or are at an early stage of operations. Data from these assets does not yet meet CDLHT’s internal thresholds for completeness, consistency, and comparability required for inclusion in reported metrics. (2) Rebranded to The Halcyon Private Isles Maldives, Autograph Collection from 1 Nov 2025. Formerly known as Raffles Maldives Meradhoo. (3) IFRS ISSB S1: The ISSB standard setting out general requirements for disclosure of sustainability‑related risks and opportunities that may affect an entity’s financial prospects. Only the climate related sections of IFRS ISSB S1 are disclosed in this Report. (4) IFRS ISSB S2: The ISSB standard specifying climate‑related disclosure requirements, covering governance, strategy, risk management, and metrics and targets.
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