City Developments Limited - Annual Report 2021

CITY DEVELOPMENTS LIMITED ANNUAL REPORT 2021 PROPERTY PORTFOLIO 98 99 FOR DEVELOPMENT AND/OR RESALE Description & Location Site Area (sq m) Tenure Effective Group Interest (%) Residential 15, 19 & 21 Swiss Club Road, Singapore 20,014 Freehold 100 Tampines Road/Upper Changi Road North, Singapore 14,013 Freehold 33 Prime freehold site in Shirokane, Tokyo, Japan 16,815 Freehold 100 Jalan Kolam Ayer, Johor Bahru, Malaysia 24,739 Freehold 100 Jalan Waspada, Johor Bahru, Malaysia 6,368 Freehold 100 The Stag Brewery, Mortlake, London, UK 78,889 Freehold 100 Ransomes Wharf, Battersea, London, UK 6,243 Freehold 100 Commercial The Stag Brewery, Mortlake, London, UK 6,953 Freehold 100 Development House, Leonard Street, Shoreditch, London, UK 1,240 Freehold 100 Hotel Land Site at Chung-gu, Namdaeumro, Seoul, South Korea 1,564 Freehold 100 Land Site at 28 Pavilion Road, Knightsbridge, London, UK 1,660 Freehold 100 Land Site at Orlando Florida Land, US 21,287 Freehold 100 Land Site at Centennial Colorado Land, US 10,198 Freehold 100 IN THE COURSE OF DEVELOPMENT Description Location Site Area (sq m) Gross Floor Area (sq m) Tenure Effective Group Interest (%) Approximate Percentage Completion (%) Expected Completion Residential Whistler Grand West Coast Vale 19,591 54,856 99 years 100 95 2022 Haus on Handy Handy Road 4,796 11,446 99 years 100 39 2022 Piermont Grand Sumang Walk 27,056 81,169 99 years 60 75 2022 The Jovell Flora Drive 22,534 34,677 99 years 33 82 2022 The Marker Spencer Street, Melbourne 4,246 33,836 Freehold 50 65 2022 Amber Park Amber Road 19,850 55,583 Freehold 80 37 2023 The Junction Whitehall Road, Leeds 16,750 53,167 Freehold 100 53 2023 Brickworks Park Mina Parade, Brisbane 46,669 36,617 Freehold 100 * 2024 Fitzroy Fitzroy Smith Street, Melbourne 1,820 14,122 Freehold 50 * 2024 Kenmore Treetops Moggill Road, Brisbane 32,250 19,605 Freehold 50 * 2024 Penrose Sims Drive 16,225 52,337 99 years 40 19 2024 Irwell Hill Residences Irwell Bank Road 12,787 35,802 99 years 100 * 2025 The Octagon Paradise Circus, Birmingham 1,557 33,383 250 years 100 * 2025 Tengah Garden Walk Tengah Garden Walk 22,020 61,658 99 years 50 * 2026 Mixed Development Boulevard 88 / The Singapore EDITION Cuscaden Road / Orchard Boulevard 12,127 53,481 Freehold 40 44 2022 M Social Suzhou Suzhou Jinji Lake, SIP District, China 3,689 33,131 40 years 100 70 2022 Shenzhen Longgang Tusincere Tech Park Longgang District, Shenzhen, China 39,670 184,042^ 30 years 65 65 2022 Sengkang Grand Residences / Sengkang Grand Mall Sengkang Central 37,255 78,236 99 years 50 38 2023 CanningHill Piers/ CanningHill Square River Valley Road 12,925 71,688 99 years 50 * 2025 Moxy Hotel 15,540 100 M Social Sunnyvale Lakeside Drive, Sunnyvale, CA 84085 14,123 14,953 Freehold 100 * 2025 80 Anson Road Anson Road 5,394 60,860 Freehold 100 * 2026 Piccadilly Grand / Piccadilly Galleria Northumberland Road 8,732 36,680 99 years 50 * 2026 Notes: * Work is less than 10% completed. ^ Includes Phase 2 (Zone 3.1-3.2) and Phase 3, which are expected to be completed in 2022. AS AT 31 DECEMBER 2021 MAJOR PROPERTIES FINANCIALS STATUTORY REPORTS AND ACCOUNTS FINANCIAL CONTENTS Directors’ Statement 100 Independent Auditors’ Report 106 Statements of Financial Position 110 Consolidated Statement of Profit or Loss 112 Consolidated Statement of Comprehensive Income 113 Consolidated Statement of Changes in Equity 114 Consolidated Statement of Cash Flows 118 Notes to the Financial Statements 121

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