ASCOTT THAILAND TEAM MEMBERS 100% VACCINATED AT ALTERNATIVE STATE QUARANTINE (ASQ) PROPERTIES

Real Estate News Wednesday June 2, 2021 17:43 —PRESS RELEASE LOCAL

ASCOTT THAILAND TEAM MEMBERS 100% VACCINATED AT ALTERNATIVE STATE QUARANTINE (ASQ) PROPERTIES

CapitaLand's wholly-owned serviced residence business unit, The Ascott Limited (Ascott) in Thailand has become the first serviced residence brand to fully vaccinate all its staff with the COVID-19 vaccine at Somerset Rama 9 Bangkok and Citadines Sukhumvit 8 Bangkok which are Alternative State Quarantine (ASQ) properties, to ensure a safe stay and environment for all guests and staff.

Mr. Brian Tan, Country General Manager for The Ascott Limited in Thailand & Laos, shared that: "We have been working very closely with Thai government and local health authorities to ensure that the vaccination is offered to all our colleagues that are part of our properties listed

under the Alternative State Quarantine program. Through Ascott's great partnership with Thailand's leading hospitals, Samitivej Thonburi Hospital, and Piyavate Hospital, we are glad to announce that 100% of our qualified staff at Somerset Rama 9 Bangkok and Citadines Sukhumvit 8 Bangkok have been successfully vaccinated. This should give even greater confidence to our guests regarding the hygiene and safety at our ASQ properties, which are now fully certified by the hospitals and Thailand authorities.

We look forward to continue supporting the government's efforts to vaccinate the population, in particular for high-risk groups as well as those in essential services, so that we can play our part in rebooting Thailand's tourism industry and the overall economy."

Citadines Sukhumvit 8 Bangkok, a SHA accredited property strengthened by Ascott Cares 7 commitments to hygiene, cleanliness, and safe distancing, offers the Alternative State Quarantine package that has been developed together with Piyavate Hospital for Thai citizens returning from abroad and expatriates.

Somerset Rama 9 Bangkok, a brand-new property, encourages guests to recharge and relax in style. Assured with SHA and Ascott Cares' safety and hygiene standards, the team commits to making guests feel at home, stay safe in the spacious residences and enjoy the selection of international cuisines and healthy lifestyle options including Keto or Ayurvedic diets as well as stay energetic with the in-room Fitkits and virtual resident programs. Somerset Rama 9 Bangkok strengthens its ASQ program by partnering with the leading hospital in Bangkok, Samitivej Thonburi Hospital.

About The Ascott Limited

The Ascott Limited (Ascott) is a Singapore company that has grown to be one of the leading international lodging owner-operators. Ascott's portfolio spans more than 190 cities across over 30 countries in Asia Pacific, Central Asia, Europe, the Middle East, Africa and the USA.

Ascott has more than 70,000 operating units and over 50,000 units under development, making a total of more than 120,000 units in about 770 properties.

The company's serviced apartment, coliving and hotel brands include Ascott The Residence, The Crest Collection, Somerset, Quest, Citadines, lyf, Preference, Vertu, Harris, Citadines Connect, Fox, Yello, Fox Lite and POP!.

Ascott's loyalty programme, Ascott Star Rewards, offers exclusive benefits to its members when they book directly with Ascott for their stays at its participating properties.

Ascott, a wholly owned subsidiary of CapitaLand Limited, pioneered Asia Pacific's first international-class serviced apartment with the opening of The Ascott Singapore in 1984. Today, the company boasts over 30 years of industry track record and award-winning brands that enjoy recognition worldwide.

For more information, please visit www.the-ascott.com.

About CapitaLand Limited

CapitaLand Limited (CapitaLand) is one of Asia's largest diversified real estate groups. Headquartered and listed in Singapore, it owns and manages a global portfolio worth about S$137.7 billion as at 31 March 2021. CapitaLand's portfolio spans across diversified real estate classes which includes commercial, retail; business park, industrial and logistics; integrated development, urban development; as well as lodging and residential. With a presence across more than 240 cities in over 30 countries, the Group focuses on Singapore and China as its core markets, while it continues to expand in markets such as India, Vietnam, Australia, Europe and the USA.

CapitaLand has one of the largest real estate investment management businesses globally. It manages six listed real estate investment trusts (REITs) and business trusts as well as over 20 private funds. CapitaLand launched Singapore's first REIT in 2002 and today, its stable of REITs and business trusts comprises CapitaLand Integrated Commercial Trust, Ascendas Real Estate Investment Trust, Ascott Residence Trust, CapitaLand China Trust, Ascendas India Trust and CapitaLand Malaysia Mall Trust.

CapitaLand places sustainability at the core of what it does. As a responsible real estate company, CapitaLand contributes to the environmental and social well-being of the communities where it operates, as it delivers long-term economic value to its stakeholders.

Visit www.capitaland.com for more information.

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