Investor Presentaiton

4R Strategy Reinforce Sponsor Commitment S$150m Fully Backstopped Preferential Offering launched in March 2023 Visible and Executable Asset Pipeline from Sponsor :: • • GFA: 252,700 sqm • >90% Occupancy • Multi-tenanted . Greater Tokyo & Osaka • 4 Stabilised Assets • 100% Occupancy • >40yrs Land Tenure • Freehold Land Tenure 晶 Growth Recapitalise For Growth Gearing reduced to 33.6% (1) Increased debt headroom allows for growth opportunities Recycle Capital Proposed non-core divestments of S$337.0m (short remaining land lease) Rejuvenate Asset Portfolio 3 AEls with yield on cost of 6.0% - 7.1% ✓ c.S$240.0m redevelopment of cold storage facility ESR-LOGOS REIT Note: (1) On a FY2022 pro forma basis, adjusted for (i) the Equity Fund Raising and the divestment of 49 Pandan Road, assuming the net proceeds from the Equity Fund Raising and the divestment of 49 Pandan Road, together with the net proceeds from the divestments announced on 23 June 2023, were fully used to repay existing debt and (ii) the redemption of perpetual securities completed on 1 February 2023. 25 25

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