First REIT Financial Overview

• • Entry into Japan in 2022 FIRST REIT ASIA'S PREMIER HEALTHCARE TRUST ■ March 2022: Completed the acquisition of 12 well established freehold nursing homes from OUE Healthcare for JPY 24.2 billion September 2022: Completed the acquisition of two more high-quality freehold nursing homes from third parties (1) for JPY 2.6 billion 14 nursing homes operated by five independent, well-established and experienced operators Hikari Heights Varus Co., Ltd Operating track record (2): ~35 years Listed on Sapporo Stock Exchange SAPPORO 7 . • Benesse Style Care Co.,Ltd. Operating track record (2): ~19 years 2nd largest nursing home operator in Japan with market share of 3.2% (2) Orchard Care Co., Ltd • Operating track record (2): ~8 years Notes AICHI JAPAN Lobby 1-bed room Reading corner NAGANO 1 KYOTO 2 ΤΟΚΥΟ KANAGAWA 2 NARA (1) One acquired from Healthcare Management Partner and one acquired from Healthcare & Medical Investment Corporation (2) As at 31 December 2022 Recreation room Games room Dining area Social Welfare Research Institute Co, Ltd. • • Operating track record (2): ~15 years Safety Life Co., Ltd Operating track record (2): ~22 years 8

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