Unveiling First REIT 2.0: Our New Growth Strategy

2 Enlarged and Diversified Portfolio Positioned for Long-term Growth (Cont'd) IMPROVED RENTAL STABILITY AND WEIGHTED AVERAGE LEASE EXPIRY The Proposed Acquisition is expected to provide high income stability and cashflow visibility to First REIT Pro Forma 1H2021 Before the Proposed Acquisition WALE By GFA 12.0 years(1) Lease Expiry Profile by GFA 5.1% 3.7% 10.1% 9.6% 3.2% Pro Forma 1H2021 After the Proposed Acquisition WALE By GFA 14.0 years(1) 68.4% 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 18 (1) 54.4% Lease Expiry Profile by GFA 4.0% 3.0% 8.0% 7.6% 2.5% 20.5% 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2043 ... Based on First REIT's existing portfolio as at 30 June 2021, excluding Sarang Hospital, including the renewed IAHCC master lease agreement as announced on 29 November 2021 and assuming the Japan Nursing Homes were acquired on 30 June 2021. FIRST "REIT ASIA'S PREMIER HEALTHCARE TRUST

View entire presentation