Investor Presentaiton

Overview of Lease Arrangements (Cont'd) Europe Lease Property Description Arrangement Responsibilities of Owner Property Tax Building Insurance Maintenance Opex Refresh Capex Cardiff Data Centre GV7 Data Centre Triple-net lease Triple-net lease Almere Data Centre Double-net lease Keppel DC Dublin 1 Keppel DC Dublin 2 Colocation 3,6 Colocation 3,6 Milan Data Centre Double-net lease maincubes Data Centre Triple-net lease ■Client: Pays rent and all outgoings; responsible for facilities management ■Client: Pays rent and all outgoings; responsible for facilities management ■Client: Pays rent and all outgoings except building insurance and property tax; responsible for facilities management ■Client: Pays rent ■Owner: Bears all expenses; responsible for facilities management ■Client: Pays rent ■Owner: Bears all expenses; responsible for facilities management ■Client: Pays rent and all outgoings except building insurance and property tax; responsible for facilities management ■Client: Pays rent and all outgoings; responsible for facilities management 1 1 (1) (2) (3) (4) 350 (5) (6) Refers to the leases entered into by Keppel DC REIT with the Keppel lessees (Keppel DC Singapore 1 Ltd and Keppel DC Singapore 2 Pte Ltd) in relation to Keppel DC Singapore 1 and Keppel DC Singapore 2 respectively. However, due to the pass-through nature of the Keppel leases, Keppel DC REIT will substantially enjoy the benefits and assume the liabilities of the underlying colocation arrangements between Keppel lessees and the underlying clients. Refers to the lease entered into by Keppel DC Singapore 3 LLP and Keppel DC Singapore 5 Pte Ltd with the Keppel lessee (Keppel DCS3 Services Pte Ltd) in relation to Keppel DC Singapore 3 and Keppel DC Singapore 5 respectively. However, due to the pass-through nature of the Keppel lease, Keppel DC REIT will substantially enjoy the benefits and assume the liabilities of the underlying colocation arrangement between Keppel lessee and the underlying client. Colocation arrangements are typically entered into by end-clients who utilise colocation space for the installation of their servers and other mission critical IT equipment. Keppel DC REIT is usually responsible for facilities management in respect of such colocation arrangements, except in the case of Basis Bay Data Centre where the client is responsible for facilities management. Keppel DC REIT has in place the iseek Lease with the client of iseek Data Centre. While the iseek Lease is called a colocation arrangement, the terms thereof are structured as effectively equivalent to a double-net lease. This development is expected to be completed in 2020 and is excluded from the portfolio's asset under management; Facility will be leased to Macquarie Telecom upon completion Keppel DC REIT has in place colocation arrangements with the clients of Keppel DC Dublin 1 and Keppel DC Dublin 2. Keppel DC REIT 24 24

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