First REIT Financial Overview slide image

First REIT Financial Overview

Active execution of 2.0 Growth Strategy 1 Diversify into Developed Markets Reshape Portfolio For Capital Efficient Growth 3 FIRST REIT ASIA'S PREMIER HEALTHCARE TRUST Strengthen Capital Structure to Remain Resilient Continue to Pivot to Ride Megatrends Increase portfolio in developed markets to >50% of AUM by FY 2027 27.9% of AUM in developed markets as at 31 December 2022 Recycle capital from non-core, non-healthcare assets, mature assets Completed divestment of Siloam Hospitals Surabaya in September 2022 Identified IAHCC (1) as a non- core asset which is being marketed for divestment Diversify funding sources, continue to optimise financial position Successfully priced Singapore's first healthcare social bond in April 2022 No refinancing requirements until May 2025 Improve ESG, ride on opportunities in ageing demographics and under-penetrated healthcare sector SGX= Fixed Income Recognised as Sustainable Fixed Income Notes (1) Imperial Aryaduta Hotel & Country Club First REIT 2.0 Growth Strategy: www.first-reit.com/about-growth-strategy.html First REIT 2.0 Growth Strategy (*) : www.first-reit.com/jp/growth-strategy.html 7
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