CapitaLand Malaysia Mall Trust | Annual Report 2020

YEAR IN BRIEF JANUARY › CMMT has put in place precautionary measures at its properties in line with the health authorities’ guidelines in response to the onset of COVID-19. › CMMT announced an annual distribution per unit (DPU) of 6.25 sen for the period 1 January 2019 to 31 December 2019. › Announced the dissolution of the Corporate Disclosure Committee of the Manager with effect from 1 February 2020. FEBRUARY › A distribution of 3.03 sen per unit for the period from 1 July 2019 to 31 December 2019 was paid to Unitholders. › Opening of MinNature, Malaysia’s largest 3D printed miniature exhibition, at JUMPA@Sungei Wang. MARCH › CapitaLand and CMMT implemented a series of support measures to help alleviate the operating pressures of retail partners across all CapitaLand malls in Malaysia, benefitting tenants operating more than 1,800 stores. › CapitaLand and CMMT provided 14 days rental waiver to affected tenants who provide non-essential services or supplies following the implementation of theMovement Control Order from 18 to 31 March 2020. APRIL › The Manager announced that CMMT is committing up to RM35.0 million of rental relief, inclusive of the 14-day rental waiver, to support its shopping mall tenants who provide non-essential services or supplies. MAY › CapitaLand and CMMT distributed COVID-19 care packages worth RM212,000 to affected communities in Malaysia. Beneficiaries include about 4,000 underprivileged children from 80 orphanages in the Klang Valley, Kuantan and Penang as well as 300 needy families in Johor. › Announced the establishment of a Distribution Reinvestment Plan (DRP), subject to authorities and Unitholders’ approval, to provide Unitholders with the option to reinvest all or part of the distributions received into new CMMT units. › CMMT announced a DPU of 0.98 sen for the period 1 January 2020 to 30 March 2020. JUNE › Organised a virtual non-deal roadshow for major local investors. › Introduced a new supermarket operator – Tesco, at The Mines to strengthen the mall’s neighbourhood positioning. › Held a virtual Annual General Meeting of CMMT and all resolutions, including the proposed DRP, were approved by Unitholders. › Gurney Plaza was selected by Penang state government to be showcased for its best practices in adherence with COVID-19 safety and precautionary measures to ensure shopper safety andwell-being in a shoppingmall. 12 CAPITALAND MALAYSIA MALL TRUST • ANNUAL REPORT 2020