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Investor Presentaiton

Well-spread Lease Expiry Profile Average signing rent for Singapore office leases (1) concluded in 9M 2023 was $12.43 psf pm, supported by healthy demand for prime office space Average expiring rents of Singapore office leases (2) (psf pm): $11.58 in 2023, $11.05 in 2024 and $11.13 in 2025 Lease Expiries and Rent Reviews as at 30 Sep 2023 (Based on Committed Attributable NLA) 27.1% Expiring Leases 24.4% 14.9% 13.3% 13.7% 12.5% Rent Review Leases 2.5% 0.0% 1.1% 2023 2024 2025 2026 2027 2028 and beyond Lease Expiries and Rent Reviews (Based on Committed Attributable Gross Rent) Expiring leases 1.7% 15.7% 18.1% 23.5% 15.0% Rent review leases 1.4% 26.1% 9.8% Geographic Breakdown of Expiries and Rent Reviews (3) Singapore 0.4% 11.6% 14.9% 16.4% 9.3% 8.4% Australia South Korea Japan 1.5% 0.6% 1.6% 0.8% 6.7% 2.9% 29.2% 0.1% 1.0% 1.5% 2.0% 0.3% 0.3% Keppel REIT (1) Weighted average for Ocean Financial Centre, Marina Bay Financial Centre and One Raffles Quay. (2) Weighted average based on attributable NLA of office lease expiries and rent reviews in Ocean Financial Centre, Marina Bay Financial Centre and One Raffles Quay. (3) Based on committed attributable area. 10
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