Ascott International Management (Thailand)

THE ASCOTT LIMITED (THAILAND) AND I-STORE SELF-STORAGE

FURTHER STRENGTHEN PARTNERSHIP TO MEET

GROWING DEMAND IN THAILAND

Bangkok, Thailand, 1 February 2024— The Ascott Limited (Thailand), a wholly owned lodging business unit of CapitaLand Investment, and i-Store Self Storage, a trusted provider of storage solutions in Thailand, are thrilled to announce the ongoing process of strengthening our successful partnership, responding to overwhelmingly positive feedback. To commemorate this collaboration, a photo session was recently conducted at Oakwood Suites Bangkok, capturing the essence of innovation and synergy between the two organizations.

The photo session featured key representatives, including Mr. Kanit Sangmookda [2^nd from left], Country General Manager, Thailand & Laos, The Ascott Limited, and Mr. Pakdee Anivat, CEO & Founder, Storage Asia Public Company Limited [2^nd from right]. Both parties showcased their commitment to the partnership, emphasizing the shared vision of delivering exceptional services to all guests and customers.

"We are thrilled to continue our successful partnership with i-Store," said Mr. Kanit Sangmookda, Country General Manager, Thailand & Laos, The Ascott Limited. "This collaboration is a testament to our shared commitment to elevating the guest experience through innovative solutions. Leveraging i-Store's expertise allows us to offer valuable storage options and increased convenience for our residents."

Mr. Pakdee Anivat, CEO & Founder, Storage Asia Public Company Limited, stated "This opportunity encapsulated the essence of our partnership and the forward-thinking approach that defines both Ascott and i-Store. We look forward to accomplishing even more significant milestones in our journey together."

As a continued collaboration, residents of Ascott can now avail a 25% discount on storage services at i-Store Self Storage facilities in Bangkok. Likewise, patrons of i-Store Self Storage will still receive a 15% discount on the best flexible rates when booking a stay at any Ascott property in Thailand.

For reservations or further information about Ascott properties in Thailand, please contact +66 2 204 4400 / 1800 888 272 (Thailand toll-free), email enquiry.thailand@the-ascott.com, or visit www.discoverasr.com.

About The Ascott Limited

Since pioneering Asia Pacific’s first international-class serviced residence with the opening of The Ascott Singapore in 1984, Ascott has grown to be a trusted hospitality company with more than 940 properties globally. Headquartered in Singapore, Ascott’s presence extends across more than 220 cities in over 40 countries in Asia Pacific, Central Asia, Europe, the Middle East, Africa, and the USA.

Ascott’s diversified accommodation offerings span serviced residences, coliving properties, hotels and independent senior living apartments, as well as student accommodation and rental housing. Its award-winning hospitality brands include Ascott, Citadines, lyf, Oakwood, Quest, Somerset, The Crest Collection, The Unlimited Collection, Preference, Fox, Harris, POP!, Vertu and Yello; and it has a brand partnership with Domitys. Through Ascott Star Rewards (ASR), Ascott’s loyalty programme, members enjoy exclusive privileges and offers at participating properties.

A wholly owned business unit of CapitaLand Investment Limited, Ascott is a leading vertically-integrated lodging operator. Harnessing its extensive network of third-party owners and in-market expertise, Ascott grows fee-related earnings through its hospitality management and investment management capabilities. Ascott also expands its funds under management by growing its sponsored CapitaLand Ascott Trust and private funds.

For more information on Ascott’s industry record of close to 40 years and its sustainability programme, please visit www.discoverasr.com/the-ascott-limited. Connect with us on Facebook,  Instagram, TikTok, Twitter and LinkedIn.