First REIT Financial Overview slide image

First REIT Financial Overview

Diversifying tenant base FIRST REIT ASIA'S PREMIER HEALTHCARE TRUST Increase in third-party tenants and higher direct contribution from Siloam, the largest private hospital network in Indonesia Notes Indonesia Tenants % FY2022 Rental Income (1) 1 PT Lippo Karawaci Tbk and subsidiaries ("LPKR") (excluding Siloam) 39.8% 2 PT Siloam International Hospitals Tbk and subsidiaries ("Siloam") 35.7% 3 PT Metropolis Propertindo Utama and subsidiaries (“MPU”) 6.1% Japan Rental Contribution from Indonesia Mix (%) 56.3% FY 2022 43.8% 1 Hikari Heights Varus Co., Ltd. 2 Safety Life Co., Ltd. 3 Orchard Care Co., Ltd 9.7% 2.2% 18.7% 1.6% 4 Benesse Style Care Co., Ltd 0.2% 5 Social Welfare Research Institute Co., Ltd 0.1% Singapore 1 The Lentor Residence Pte. Ltd 2 Pacific Healthcare Nursing Home Pte. Ltd 3 Pacific Eldercare And Nursing Pte. Ltd 2.0% 1.3% 1.3% Long term(2) 81.3% Largest Private Hospital Network in Indonesia Third party tenant Siloam LPKR or MPU (1) Before recognition of FRS 116 rental straight-line adjustments (2) Based on the terms of the Tripartite MLAs, from 1 October 2026, Siloam will pay 6.5% of the preceding year's gross operating revenue ("GOR"), leaving LPKR or MPU to pay 1.5% of the preceding year's GOR. The percentages represented in this projection assumes that the rentals for each of the Tripartite MLAs beyond year 2026 are calculated based on the performance-based rent of 8.0% of each hospital's preceding year's GOR 9
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