Investor Presentaiton
3
Prudent Capital Management with Significant Debt Headroom Prepares
E-LOG for Future Growth Catalysts
E-LOG's pro forma aggregate leverage will reduce to 33.6% (1), providing significant debt headroom post completion of the announced divestments (2)
Pro Forma Aggregate Leverage (as at 31 Dec 2022)
41.8%
As at 31 Dec 2022
45.0%
Debt
Headroom
33.6% (1)
Post EFR
and Announced
Divestments
Potential Future Growth Catalysts
Significant debt headroom available to pursue organic growth
opportunities by undertaking redevelopments and AEls
ā Allows E-LOG to secure quality assets from Sponsor's asset
pipeline and/or third-party acquisitions
ā Timely environment as asset valuations begin to correct,
providing further investment opportunities
ESR-LOGOS
REIT
Notes: (1) On a FY2022 pro forma basis, including (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. (2) Refer to announcements dated 23 June 2023 titled "Proposed Divestment of a Portfolio of 5 Assets with an Aggregate Sale Consideration of S$313.5 million" and "Divestment Of 22 Chin
Bee Drive In Singapore And 51 Musgrave Road In Australia At 6.2% And 2.4% Premium To Valuation Respectively".
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