Investor Presentaiton

4 Adaptable to Changing Consumer Demands LMIR Trust's initiatives have led to steady occupancy rate Average Occupancy Rates and Average Rental Reversions 5.6% 3.6% 4.4% 4.1% 3.9% 4.4% 93.7% 92.9% 91.5% 84.8% 83.2% 81.1% 90.9% 80.8% 88.2% 80.8% 85.5% 79.5% 85.9% FY2017A FY2018A FY2019A 1Q2020A 2Q2020A 3Q2020A * 3Q2020PF (1) Portfolio Average Occ. Rate Industry Average Occ. Rate Average Rental Reversions *Enlarged Porfolio with Lippo Mall Puri (as of 30 Sep 2020) Consistently Outperformed Industry Average in Occupancy and Positive Rental Reversions Yearly Visitor Traffic Monthly shopper traffic of Lippo Mall Puri since Mar 2020(2) Portfolio Average Occ. Rate, (1) Industry Average Occ. Rate' Average Rental Reversions (in millions) (in thousands) 900 169.8 168.0 800 816 148.2 141.1 700 600 500 56.5 400 300 156 170 200 100 FY2016A FY2017A FY2018A FY2019A 30Sep20A 356 615 590 539 464 649 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Shopper traffic has started to recover (1) Source: Cushman & Wakefield and Colliers Jakarta Retail Reports. (2) Source: PT Lippo Malls Indonesia. 19

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