Ascendas REIT - Annual Report 2021

Significant Events AUGUST 2021 2nd • Announced financial results for the six months ended 30 June 2021: Net property income grew by 14.8% y-o-y. 4th • Improved its ranking in the Singapore Governance and Transparency Index 2021 (REITs and Business Trust Category) to third place from eighth place in 2020. SEPTEMBER 2021 1st • Appointment of Ms Ong Lee Keang Maureen as a Non-Executive Independent Director of the Manager and a member of the Audit and Risk Committee. OCTOBER 2021 12th • Clinched Runner-up for the Singapore Corporate Governance Award (REITS & Business Trusts category) at the Securities Investors Association (Singapore) (SIAS) Investors’ Choice Awards 2021. 15th • Ascendas Reit achieved GRESB Public Disclosure Level score of ‘A’ and was ranked first amongst its Singapore industrial REIT peer group. 19th • Announced Third Quarter FY2021 Business Update. Achieved healthy portfolio occupancy rate of 91.7% and positive portfolio rental reversion of 5.4% year-to-date. SIAS Investors’ Choice Awards 2021 NOVEMBER 2021 1st • Retirement of Ms Chong Chiet Ping as a Non-Executive Independent Director of theManager. 5th • First foray into the USA logistics market with the acquisition of 11 logistics properties in Kansas City for S$207.8 million. 15th • Announced the joint redevelopment of 1 Science Park Drive, a business park property in Singapore, into a life science and innovation campus with CapitaLand Development for S$300.2 million (34% interest). 17th • Ascendas Reit received the Special Edition Corporate Excellence and Resilience Award (market capitalisation of S$1 billion or more category) at the Singapore Corporate Awards 2021. 30th • Completed the divestment of 1 Science Park Drive in Singapore for S$103.2 million in connection with its redevelopment plans. FEBRUARY 2022 8th • Announced results for the financial year ended 31 December 2021: Net property income grew by 18.6% y-o-y. DPU increased by 3.9% y-o-y to 15.258 Singapore cents after performance fee. 11th • Completed the acquisition of 500 Green Road, a logistics property in Brisbane, Australia, for S$69.1 million. 24th • Completed the acquisition of 7 Kiora Crescent, a logistics property in Sydney, Australia, for S$21.1 million. Singapore Corporate Awards 2021 Annual Report 2021 23