Investor Presentaiton

1 Given Positive Sector Demand and Supply Dynamics, Logistics Segment Is Expected to Continue Driving Positive Rent Reversions E-LOG Asset Class Breakdown (by Rental Income) 63.2% of portfolio in New Economy sectors, with majority being multi-tenanted leases Passing Rents (1) vs Market Rents (2) (in S$psfpm) All of portfolio passing rents are below market, signalling potential positive reversions for upcoming expiries 12.0% 17.9% 100% of High-Specs are MTBS c.63.2% (1H2022: 62.7%) New Economy 18.9% $2.50 51.2% c.71.4% of Logistics are MTBS New Economy $2.76 $3.73 $1.37 $1.87(3) $1.38 $1.37 $1.75 $1.28 $3.04 $2.90 -$3.70 High-Specs Industrial Logistics General Industrial Business Park High-Specs Industrial Logistics General Industrial Business Park ESR-LOGOS REIT Range for Market Rents Passing Rents $0.86-$1.00 $0.60(4) $0.80 $1.30 AU Logistics JP Logistics Notes: (1) Calculated based on Effective Gross Rent as at 30 June 2023 (2) Source: CBRE Research Singapore Q2 2023 & Management estimates (3) Lower range is referenced to rents for upper floor warehouses while the upper range is referenced to rents for ground floor warehouses (4) For MTBs in Queensland and Victoria only 13

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