City Developments Annual Report 2022

CITY DEVELOPMENTS LIMITED ANNUAL REPORT 2022 102 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 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 Mixed Development Hong Leong Technology Park Shenzhen, China (Phase 4) 9,048 30 years 65 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 Haus on Handy Handy Road 4,796 11,446 99 years 100 95 2023 Piermont Grand EC Sumang Walk 27,056 81,169 99 years 60 98 2023 Amber Park Amber Road 19,851 55,582 Freehold 80 70 2023 Fitzroy Fitzroy Smith Street, Melbourne 1,820 14,122 Freehold 50 * 2024 Treetops at Kenmore Moggill Road, Brisbane 32,250 19,605 Freehold 50 * 2024 Penrose Sims Drive 16,225 52,337 99 years 40 45 2024 Brickworks Park Mina Parade, Brisbane 46,669 36,617 Freehold 100 * 2025 Irwell Hill Residences Irwell Bank Road 12,787 35,802 99 years 100 32 2025 The Octagon Paradise Circus, Birmingham 1,557 32,456 250 years 100 12 2025 Normanby Melbourne 1,222 27,009 Freehold 100 * 2025 Copen Grand EC Tengah Garden Walk 22,021 61,659 99 years 50 20 2026 Toowong Brisbane 1,571 24,564 Freehold 85 * 2026 Tembusu Grand Jalan Tembusu 19,567 54,789 99 years 51 * 2027 The Myst 798 / 800 Upper Bukit Timah 16,630 34,923 99 years 100 * 2027 Bukit Batok West EC Bukit Batok West 16,624 49,872 99 years 100 * 2027 Mixed Development Boulevard 88 / The Singapore EDITION Cuscaden Road / Orchard Boulevard 12,127 53,481 Freehold 40 74 2023 Sengkang Grand Residences / Sengkang Grand Mall Sengkang Central 37,255 78,236 99 years 50 69 2023 The Junction (Block A to E) ^ Whitehall Road, Leeds 16,750 53,167 Freehold 100 92 2023 M Social Suzhou Suzhou Jinji Lake, SIP District, China 3,689 33,131 40 years 100 99 2023 Hong Leong Technology Park Shenzhen (Phase 2 Zone 3.1-3.2 & Phase 3) Longgang District, Shenzhen, China 39,670 180,279 30 years 65 90 2023 CanningHill Piers/ CanningHill Square River Valley Road 12,925 71,688 99 years 50 10 2025 Moxy Hotel 15,541 100 M Social Sunnyvale Lakeside Drive, Sunnyvale, CA 84085 14,123 14,953 Freehold 100 * 2025 Piccadilly Grand / Piccadilly Galleria Northumberland Road 8,733 36,680 99 years 50 12 2025 Newport Plaza / Newport Residences / Newport Tower Anson Road 5,091 60,860 Freehold 100 * 2027 Central Mall / Central Square redevelopment # Magazine Road 13,825 68,330 Central Mall Office Tower - Freehold, Central Mall Conservations - 99 years, Central Square (Retail & Residential) - 99 years 100 * 2028 * Work is less than 10% completed. ^ Block A to C completed in 2022. Block D and E are still in development. # Pending authority planning approval. AS AT 31 DECEMBER 2022 MAJOR PROPERTIES STATUTORY REPORTS AND ACCOUNTS FINANCIAL CONTENTS Directors’ Statement 104 Independent Auditors’ Report 110 Statements of Financial Position 114 Consolidated Statement of Profit or Loss 116 Consolidated Statement of Comprehensive Income 117 Consolidated Statement of Changes in Equity 118 Consolidated Statement of Cash Flows 122 Notes to the Financial Statements 125 FINANCIALS 103

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