42 STRATEGICALLY ADVANCING Beyond direct engagements, ESR-REIT further expanded its outreach to retail investors in FY2024 by actively participating in various conferences and industry events. The Manager’s leadership team played a pivotal role as key opinion leaders in panel discussions, providing investors with deeper insights into the REIT’s operational performance, business strategies and market outlook across its core geographies — Singapore, Australia, and Japan. Among the key events, ESR-REIT participated in the annual REITs Symposium 2024, jointly organised by ShareInvestor, InvestingNote, and REITAS in May 2024. As part of an ESR Group initiative, ESR-REIT participated alongside Suntec REIT. The CEO, Deputy CEO, and members of the IRCC team were present at the ESR-REIT booth to engage with attendees, highlight the REIT’s value proposition, and address investor queries. The event attracted over 1,100 participants. In August 2024, ESR-REIT collaborated with The Edge Singapore through sponsorship and active participation in the REITs Investment Forum titled “Is It Time for REITs Growth?”. The event was particularly timely, as stabilising interest rates had renewed investor attention in the REIT sector. During the forum, our CEO, Mr. Adrian Chui, delivered a presentation on “Managing an Industrial Portfolio Through Cycles” and participated in a panel discussion alongside other industry leaders. The event was attended by more than 100 participants and provided a valuable opportunity to engage with investors on key market trends and strategic insights. Through these sustained engagement efforts, ESRREIT remains committed to fostering transparent and meaningful interactions with retail investors, reinforcing confidence in its long-term growth strategy. In FY2024, ESR-REIT continued to strengthen its collaboration with SIAS, hosting several joint events to enhance engagement with retail investors and Unitholders. The year began with ESR-REIT’s annual participation in the SIAS Corporate Connect Webinar, where the fullyear financial results and performance for FY2023 were presented, alongside key strategic plans for the upcoming year. Further engagement efforts included two in-person Unitholder dialogues held in April and October 2024. The April session was held as part of the REIT’s regular investor engagement calendar following the announcement of its full-year financial results. The October dialogue was organised ahead of the Extraordinary General Meeting (“EGM”) relating to the acquisitions of ESR Yatomi Kisosaki Distribution Centre in Japan and a 51% interest in 20 Tuas South Avenue 14 in Singapore. These dialogues provided a valuable platform for direct engagement with Unitholders, offering updates on the REIT’s developments and facilitating live Q&A sessions, where management addressed investor queries. These sessions were well received, with close to 100 unitholders participating in an interactive setting. ESR-REIT remains committed to maintaining this collaboration with SIAS to ensure continued engagement with retail investors and Unitholders. On 9 October 2024, ESR-REIT convened an EGM to seek Unitholders’ approval for the proposed acquisitions. As a result of the Manager’s comprehensive communication strategy, all resolutions were overwhelmingly approved, with more than 99% “FOR” votes for all resolutions. This strong support underscored the effectiveness of ESRREIT’s proactive engagement efforts, which consistently conveyed the investment merits, strategic rationale, and long-term benefits of the acquisitions. Earlier in April 2024, ESR-REIT also held its 15th Annual General Meeting (“AGM”), where all resolutions were approved by Unitholders. Unitholders by Geography1 50.7% 8.8% 20.4% 2.5% 15.2% 2.4% Singapore Asia (ex Singapore) Rest of World/ Unidentified UK North America Europe (ex UK) 20.8% 35.0% 44.2% Sponsor Institutional and Corporate Retail/Unanalysed Unitholders by Type1 1 Source: Orient Capital shareholding analysis report as at 31 December 2024.
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