OVERVIEW AND FINANCIAL REVIEW MARKET REVIEW LEADERSHIP STRUCTURE PROPERTY PORTFOLIO SUSTAINABILITY & GOVERNANCE FINANCIAL STATEMENTS AND OTHER INFORMATION 149 CDL HOSPITALITY TRUSTS Annual Report 2025 Bureau Veritas Quality Assurance Office: 28 Ayer Rajah Crescent, #04-01, Singapore, 139959 Reviewed the data collection and consolidation processes used to compile the Selected Information, including assessing assumptions made, the data scope and reporting boundaries; Reviewed documentary evidence produced by the Company; Agreed a sample of the Selected Information to the corresponding source documentation; and Re-performed aggregation calculations of the Selected Information. Conclusion Based on the scope of work, nothing came to our attention to suggest that: The Selected information is not fairly represented; and Any material errors or misstatements identified during the assurance engagement were corrected prior to this Statement being issued. It is our opinion that the Company has established appropriate systems for the collection, aggregation and analysis of quantitative data for determination of these GHG emissions for the stated period and boundaries. Statement of Independence, Impartiality and Competence Bureau Veritas is an independent professional services company that specializes in quality, environmental, health, safety and social accountability with over 190 years history. The company operates a certified Quality Management System which complies with the requirements of ISO 9001:2015, and accordingly maintains a comprehensive system of quality control, including documented policies and procedures regarding compliance with ethical requirements, professional standards and applicable legal and regulatory requirements. Bureau Veritas has implemented a Code of Ethics which meets the requirements of the International Federation of Inspections Agencies (IFIA) across its business which ensures that all our staff maintain integrity, objectivity, professional competence and due care, confidentiality, professional behaviour and high ethical standards in their day-to-day business activities. Purpose and Restriction on Distribution and Use This report and the conclusions drawn are intended solely for CDL Hospitality Trust (M&C Reit Management Limited) which is stipulated in our engagement agreement. To the fullest extent permitted by law, Bureau Veritas accepts no liability or responsibility to any party other than CDL Hospitality Trust (M&C Reit Management Limited) for any analysis, interpretation, or conclusion contained in this report. Verified by: Winnie Tan, Verifier Bureau Veritas Quality Assurance Pte Ltd To check the validity of this statement please contact: Bureau Veritas Quality Assurance Bureau Veritas Quality Assurance Pte Ltd Office: 28 Ayer Rajah Crescent, #04-01, Singapore, 139959
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