Mapletree Pan Asia Commercial Trust : 12th Annual General Meeting Management Presentation

Important Notice

This presentation is for information only and does not have regard to your specific investment objectives, financial situation or your particular needs. This presentation does not constitute an invitation, offer or solicitation of any offer to sell or subscribe for, acquire or purchase any units in Mapletree Pan Asia Commercial Trust ("MPACT" and units in MPACT ("MPACT Units")).

The past performance of the MPACT Units and MPACT is not indicative of the future performance of MPACT or MPACT Management Ltd. ("MPACT Manager"). The value of MPACT Units and the income derived from them, if any, may rise or fall. The MPACT Units are not obligations of, deposits in, or guaranteed by the MPACT Manager, DBS Trustee Limited (as trustee of MPACT) (the "MPACT Trustee") or any of their respective related corporations or affiliates. An investment in the MPACT Units is subject to investment risks, including the possible loss of the principal amount invested. Investors have no right to request the MPACT Manager to redeem their Units while the MPACT Units are listed. It is intended that unitholders may only deal in their MPACT Units through trading on Singapore Exchange Securities Trading Limited (the "SGX-ST"). Listing of the MPACT Units on the SGX-ST does not guarantee a liquid market for the MPACT Units.

This presentation may also contain forward-looking statements and financial information, including those that involve risks and uncertainties. Such forward-looking statements and financial information involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of MPACT or the MPACT Manager, or industry results, to be materially different from any future results, performance or achievements, expressed or implied by such forward-looking statements and financial information. Such forward-looking statements and financial information are based on numerous assumptions regarding the MPACT Manager's present and future business strategies and the environment in which MPACT or the MPACT Manager will operate in the future. Actual future performance, outcomes and results may differ materially from these forward- looking statements and financial information. Because these statements and financial information reflect the MPACT Manager's current views concerning future events, these statements and financial information necessarily involve risks, uncertainties and assumptions. These forward-looking statements speak only as of the date of this presentation. No assurance can be given that future events will occur, that projections will be achieved, or that assumptions are correct.

Representative examples of these factors include (without limitation) general industry and economic conditions, interest rate trends, cost of capital, occupancy rate, construction, development risks, capital availability, competition from similar developments, shifts in expected levels of property rental income, changes in operating expenses (including employee wages, benefits and training costs), property expenses, governmental, public policy changes and the continued availability of financing. You are cautioned not to place undue reliance on these forward-looking statements, which are based on the MPACT Manager's current view of future events.

Nothing in this presentation should be construed as financial, investment, business, legal or tax advice and you should consult your own independent professional advisors. Neither the Manager nor any of its affiliates, advisers or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising, whether directly or indirectly, from any use, reliance or distribution of this presentation or its contents or otherwise arising in connection with this presentation. This presentation shall be read in conjunction with MPACT's financial results for Fourth Quarter and Financial Year ended 31 March 2023 in the SGXNET announcement dated 27 April 2023.

The directors of the MPACT Manager (including those who may have delegated detailed supervision of this presentation) have taken all reasonable care to ensure that the facts stated and opinions expressed in this presentation which relate to MPACT and/or the MPACT Manager are fair and accurate and that there are no other material facts not contained in this presentation the omission of which would make any statement in this presentation misleading. The directors of the MPACT Manager jointly and severally accept responsibility accordingly.

Where any information has been extracted or reproduced from published or otherwise publicly available sources or obtained from a named source, the sole responsibility of the directors of the MPACT Manager has been to ensure through reasonable enquiries that such information is accurately extracted from such sources or, as the case may be, reflected or reproduced in this presentation.

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Annual Report and Notice of AGM

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AGM Resolutions

ORDINARY BUSINESS

Resolution 1

To receive and adopt the Trustee's Report, the Manager's Statement, the Audited

Financial Statements of MPACT for the financial year ended 31 March 2023 and the

Auditor's Report thereon.

Resolution 2

To re-appoint PricewaterhouseCoopers LLP as the Auditor of MPACT and to

authorise the Manager to fix the Auditor's remuneration.

SPECIAL BUSINESS

Resolution 3

To authorise the Manager to issue Units and to make or grant instruments convertible into Units.

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Content

• Highlights of the Year
• Financial & Capital Management Review
• Unit Price Performance
• Portfolio Review
• Commitment to Sustainability
• Pushing Boundaries, Making iMPACT

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