Ascendas REIT - Annual Report 2021

Light Industrial Properties and Flatted Factories S I N G A P O R E FoodAxis @Senoko 31 Joo Koon Circle Techplace I Techplace II CUSTOMERS’ INDUSTRY MIX AS AT 31 DECEMBER 2021 By Gross Rental Income Engineering 46.2% Food 11.0% Retail 10.2% Electronics 10.0% Biomedical Sciences 8.1% Distributors & Trading Company 5.0% Logistics & Supply Chain Management 3.1% Media 1.4% Information & Communications Technology 1.3% Textile & Garments 0.6% Professional Services 0.6% e-Commerce 0.6% FMCG 0.5% Government 0.5% Real Estate 0.4% IO/NGOs/NPOs 0.2% Education 0.2% Agriculture 0.1% Light Industrial Properties and Flatted Factories (Singapore) Multi-tenant Buildings Single-tenant Buildings Total No. of Properties 13 9 22 No. of Customers 388 9 397 GFA (sq m) 389,374 106,799 496,173 Gross Revenue (S$ million) 66.9 19.4 86.3 Book Value/Valuation as at 31 December 2021 (S$ million) 656.0 245.9 901.9 Capitalisation Rate as at 31 December 2021 (%) 6.0% Weighted Average Lease to Expiry (in Years) 3.3 76 75 74 73 Annual Report 2021 79