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Investor Presentaiton

Maintaining growth momentum Daiwa HouseⓇ . . DHLT entered into a conditional agreement with the Sponsor, Daiwa House Industry Co., Ltd., to acquire DPL Ibaraki Yuki ("Property”), a freehold logistics property located in Greater Tokyo, Japan ("Acquisition") The purchase consideration for the Property is JPY2,640.0 million (S$24.1 million) ("Purchase Consideration”), a discount of 18.1% to the average independent valuation of JPY3,225.0 million (S$29.4 million) 1 Independent Valuation") ("Average The Acquisition is expected to be funded by borrowings, and is expected to be completed in the first quarter of 2024 The would improve DPU for FP2022² Acquisition by 1.2%, on pro forma basis³ 10 DPL Dawa House Crop DPL Ibaraki Yuki Greater Tokyo, Japan Tokyo (1) Based on average of the two independent valuations conducted by JLL Morii Valuation & Advisory K.K. and Savills Japan Valuation G.K. which valued the Property at JPY3,320.0 million (approximately S$30.3 million) and JPY3,130.0 million (approximately S$28.6 million), respectively as at 31 August 2023. (2) The financial period from 26 November 2021 (being the date of listing of DHLT) to 31 December 2022. (3) Please refer to paragraph 4 of the Announcement for the pro forma financial effects of the Acquisition for FP2022. 3
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