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Attractive Risk Adjusted Returns Distribution Yield (1) Infrastructure Trusts Singapore Industrial REITS 12.0% Asian Pay Television Trust Average: 7.6% Average: 7.2% 8.9% 8.8% 8.1% 8.0% 7.5% 7.2% 6.3% 6.1% 5.8% 5.1% 8.3% 8.2% 6.5% 5.4% 5.2% Accordia Golf Hutchison Port Keppel Trust Holdings Trust Infrastructure NetLink NBN Trust (3) Ascendas India Trust Soilbuild Viva Industrial Business Trust Trust Cache Logistics Trust Sabana REIT Trust (2) AIMS AMP Capital Industrial REIT EREIT Mapletree Logistics Trust Ascendas REIT Mapletree Industrial Trust Keppel DC REIT KIT's value proposition vis-à-vis S-REITS 1 Regular and recurring cash flows across all economic cycles - Not correlated to GDP, since cash flows are underpinned by long-term contracts Real estate tends to be more cyclical, and are subject to rental cycles as well as regular rent reviews 2 Limited supply of core quality infrastructure assets 3 4 Low barriers to entry and few players with strong track record More varied options in the real estate sector Long-term contracts - - KIT's assets are contracted at between 8 to 30 years, some of which include options for lease extensions Weighted average lease expiry for industrial S-REITs at approximately 4 years Low credit risks with creditworthy and reputable off-takers or large diversified customer base 5 Sustainable leverage positions KIT for future growth (1) Source: Bloomberg's dividend yield data as at 23 March 2017 (2) Based on market closing price of S$0.57 as at 23 March 2017 (3) Based on forecast dividend yield disclosed in NetLink NBN Trust's Prospectus dated 10 July 2017 Keppel Infrastructure Trust 9

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