Ascendas REIT - Annual Report 2021

Investor Relations TOTAL UNITHOLDER RETURN 1-year (from 1 Jan 2021 to 31 Dec 2021) 5-year (from 1 Jan 2017 to 31 December 2021) Since listing (from 19 November 2002 to 31 December 2021) Adjusted closing unit price on the last trading day prior to the commencement of the period / Unit issue price at listing (S$) 2.98 2.23 0.8961 Capital appreciation (%) -1.0% 32.5% 229.2% Distribution yield (%) 5.1% 34.7% 291.6% Total return as at 31 December 2021 (%) 4.1% (1) 67.2% (1) 520.8% (2) COMPETITIVE YIELD RETURNS ASCENDAS REIT UNIT PRICE PERFORMANCE IN FY2021 VS MAJOR INDICES 120 110 100 90 80 70 Jan 2021 May 2021 Aug 2021 Mar 2021 Jul 2021 Nov 2021 Feb 2021 Jun 2021 Oct 2021 Apr 2021 Sep 2021 Dec 2021 60 Ascendas Reit FTSE ST Index FTSE ST REIT Index MSCI Asia ex-Japan Real Estate Index Ascendas Reit Yield for IPO Investors (1) Ascendas Reit Yield as at 31 December 2021 (2) Weighted Average Industrial S-REIT yield (3) FTSE S-REIT Index (4) FTSE Straits Times Index (4) CPF (Ordinary) Account (5) 10 year Singapore Government Bond (6) Bank Fixed Deposit (12 Months) (6) NOTES: (1) Based on Ascendas Reit’s adjusted IPO price of S$0.8961 per unit and DPU of 15.258 cents for the period from 1 January 2021 to 31 December 2021. (2) Based on Ascendas Reit’s closing price of S$2.95 per unit as at 31 December 2021 and DPU of 15.258 cents for the period from 1 January 2021 to 31 December 2021. (3) Based on Ascendas Reit’s internal research and Bloomberg. (4) Based on dividend yield computed by Bloomberg as at 31 December 2021. (5) Based on interest paid on Central Provident Fund (CPF) ordinary account as at 31 December 2021. Source: CPF Website (6) Based on bond yields and rates published on the Monetary Authority of Singapore (MAS) website as at 31 December 2021 Source: MAS Website 17.0% 5.2% 5.1% 4.3% 3.2% 2.5% 1.7% 0.2% (1) Sum of actual distributions and capital appreciation for the period over the adjusted closing Unit price on the last trading day prior to the commencement of the period. (2) Sum of actual distributions and capital appreciation for the period over the adjusted Unit issue price at listing. Source: Bloomberg Annual Report 2021 61