First REIT Financial Overview

Long leases with stable revenue streams Healthy Weighted Average Lease to Expiry ("WALE") WALE BY GFA (1) 12.2 years 100.0% 80.0% 60.0% 40.0% FIRST REIT ASIA'S PREMIER HEALTHCARE TRUST Sustainable rent escalation built into master lease structure COMMITTED OCCUPANCY (1) Healthcare Assets (3) Indonesia (Prior to 2021) Indonesia (Since 2021) 100% Base Rent Escalation 2x of Singapore's CPI increase for the preceding calendar year (capped at 2%) Japan (Entered in 2022) Singapore • Annual rental Variable / Based Rent Variable rent factor (0%-2%) applied Performance- to a function of the gross operating revenue 4.5% annually 8.0% of preceding financial year gross operating revenue • may be revised upwards upon negotiation every 2 to 3 years for 12 assets, and every 5 years for 2 assets . Fixed base rental with annual increment of 2% 20.0% 0.0% Total Rent Payable Base Variable FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 Higher of Base or Performance Based Rent Negotiation based on the increase in Japan's consumer price index and interest rates and beyond By GFA (2) By Rental Income (2) Currency SGD IDR JPY SGD Notes (1) As at 31 March 2023 (2) As at 31 December 2022 (3) As at 31 December 2022, 89.5% of Rental Income are from Healthcare Assets 5

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