CapitaLand India Trust Issues New Units for Trustee-Manager Fees

Key Highlights

• CapitaLand India Trust (“CLINT”) has issued 5,048,728 new units to its Trustee-Manager, CapitaLand India Trust Management Pte. Ltd. (“CLINTMPL”) on 12 February 2026.
• The new units were issued as partial payment for:
  • 50% of the Base Fee for the period from 1 October 2025 to 31 December 2025
  • 50% of the Performance Fee for the period from 1 January 2025 to 31 December 2025
• The remaining 50% of both the Base Fee and Performance Fee were paid in cash.
• The units were issued at a price of S\$1.2325 per unit, based on the volume-weighted average traded price on SGX-ST for the last 10 business days of the relevant period.
• Following this issuance, CLINTMPL now holds 115,244,785 units in CLINT.
• Total units in issue for CLINT as of 12 February 2026 is 1,360,637,733 units.

Investor-Relevant Details & Potential Price Sensitivity

• This announcement directly increases the total units in issue, which could potentially have a dilutive effect on existing unitholders’ ownership percentage.
• Payment of fees via issuance of units rather than fully in cash reflects the Trustee-Manager’s alignment with unitholders’ interests, as the manager retains a stake in the Trust. However, it also increases the float and may impact market supply and demand dynamics.
• The issue price of S\$1.2325 per unit, determined by the volume-weighted average over the relevant period, may provide an indication of the recent trading range and market valuation benchmarks.
• The timing and method of fee payments (half in units, half in cash) are stipulated in the Trust Deed. Payment for Base Fee occurs within 60 days after each quarter, and Performance Fee within 60 days after the financial year-end.
• Investors should note that CLINTMPL, the Trustee-Manager, now holds a larger stake, potentially increasing its influence over Trust decisions.
• There is no guarantee of liquidity or principal protection for CLINT units. Investors may only trade units on SGX-ST; there is no redemption by the Trustee-Manager.
• The announcement reminds investors that past performance is not indicative of future results, and unit values as well as income may fluctuate.

Potential Impact on Share Price

• The increase in total units outstanding could lead to dilution, depending on market reaction.
• The Trustee-Manager’s increased stake may be seen positively as an alignment of interests, or negatively if investors view dilution as unfavorable.

Important Notice

The value of CLINT units and the income derived from them may fall as well as rise. Units are not obligations of, deposits in, or guaranteed by the Trustee-Manager or any of its affiliates. An investment in Units is subject to investment risks, including the possible loss of principal invested. Investors have no right to request the Trustee-Manager to redeem their Units while the Units are listed. It is intended that unitholders of CLINT may only deal in their Units through trading on the SGX-ST. Listing on SGX-ST does not guarantee a liquid market for the Units. Past performance of CLINT is not necessarily indicative of future performance.

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