Investor Presentaiton

Tenant base anchored by high-quality names Breakdown by Tenant Trade Sector E-Commerce 7.0%-- 3PL 76.3% By Gross Rental Income (1) Top 10 Tenants (2) Daiwa House® Retail 12.7% % of Tenant Sector NPI (2) Manufacturing 1 Mitsubishi Shokuhin 3PL 18.8 4.0% 2 Nippon Express 3PL 8.4 3 Suntory Logistics 3PL 7.7 4 Nitori Retail 5.6 Tenant A(3) 3PL 4.4 Create SD 3PL 4.2 7 Tenant B(3) 3PL 4.0 8 K.R.S Corporation 3PL 3.9 9 Tokyo Logistics Factory 3PL 3.9 3PL + E-commerce: 83.3% 10 CB Group Management 3PL 3.9 64.9 • Tenant base remained stable, anchored by high quality names which are leading Japanese and global blue-chip companies, improving the quality of income 76.3% of the tenants (by GRI(1)) involved in growing 3PL sector which is serving end customers from diverse sectors (1) Based on the monthly rent as at December 2023. (2) Based on net property income ("NPI") for FY2023 and % of NPI was calculated and adjusted based on the NPI of each property and allocated to the respective tenants by the proportion of NLA the tenants occupy in the property. (3) These tenants have not given consent to the disclosure of any terms of the tenancy agreement at all (including their names). 11

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