Investor Presentaiton

Key Credit Metrics Well-spread debt maturity profile with weighted average debt tenor of 3.1 years Key Credit Metrics As at 31 Mar 2021 Change from 31 Dec 2020 Well-spread Debt Maturity Profile FRASERS LOGISTICS & COMMERCIAL TRUST Successfully refinanced and partially paid down c.S$378 million of borrowings in 1HFY21 The Manager is in advanced discussion with banks on the refinancing of the borrowings maturing in the next 6 months and is confident of refinancing them Aggregate Leverage Cost of Borrowings 35.3% ▼ 0.9 p.p. Total Gross Borrowings: S$2,319 million 1.9%(1) DEBT MATURITY PROFILE (S$ MILLIONS, AS AT 31 MARCH 2021) 698 636 50 313 Average Weighted Debt Maturity 3.1 years 00% $$$ % of Borrowings at Fixed Rates 70.6% ▲ 13.2 p.p. 314 116 300 240 586 Interest Coverage Ratio 6.8x(2) ▲ 0.3x 140 66 115 82 131 62 20 138 51 203 185 Debt Headroom (3) S$1,929 m ▲ S$118 m 112 61 19 FY2021 FY2022 FY2023 FY2024 FY2025 > FY2025 Credit Rating (S&P) BBB+ / Stable N.A. ■S$ Debt ■A$ Debt € Debt £ Debt Note: As reported by FLCT in its 1HFY21 results announcement dated 6 May 2021. 1. Based on trailing 12 months borrowing cost (including FCOT from date of completion of merger). 2. As defined in the Code on Collective Investment Schemes revised by the Monetary Authority of Singapore on 16 April 2020 and clarified on 29 May 2020 and computed as trailing 12 months EBITDA (excluding effects of any fair value changes of derivatives and investment properties, and foreign exchange translation), over trailing 12 months borrowing costs. Borrowing costs include effects of FRS 116. 3. Prior to reaching the 50.0% aggregate regulatory leverage limit. 29 29

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