110 UNITHOLDER RIGHTS AND ENGAGEMENT & MANAGING STAKEHOLDER RELATIONSHIPS Principle 11: Unitholder Rights and Conduct of General Meetings The Manager is committed to treating all Unitholders fairly and equitably in order to enable them to exercise their Unitholders’ rights and have the opportunity to communicate their views on matters affecting ESR-REIT. The Board is responsible for providing a balanced and understandable assessment of ESR-REIT’s performance, position and prospects within their reports and announcements to Unitholders. The Board is supported by the Management who provides the Board with relevant and accurate information on ESR-REIT’s performance on a timely basis to enable the Board to effectively discharge its duties. The Manager has in place a Policy on Market Disclosure which governs the timely and accurate disclosure of information via SGXNet. Financial results, press releases, analyst presentation slides and other pricesensitive information are disseminated through announcements via SGXNet and ESR-REIT’s website in a timely manner to assist Unitholders and investors in their investment decisions. General Meetings Unitholders are entitled to attend general meetings and are accorded the opportunity to participate effectively and vote at these meetings. Any Unitholder who is unable to attend these meetings in person is allowed to appoint up to two proxies to vote on his/her behalf at the meeting through proxy forms sent before the proxy submission cut-off time. Unitholders who are Relevant Intermediaries (as defined in the Companies Act 1967) may appoint more than two proxies to attend, speak and vote at general meetings of ESR-REIT. Trustee and other relevant professionals (where necessary) are in attendance for the entire duration of the general meetings to address queries that Unitholders may have. The external auditors are also present to answer Unitholders’ questions about the conduct of audit and the preparation and content of the auditors’ report. The Trust Deed currently does not permit Unitholders to vote at general meetings in absentia (such as via mail, email or fax). Despite the deviation from Provision 11.4 of the CG Code, Unitholders nevertheless have opportunities to communicate their views on matters affecting ESR-REIT even when they are not in attendance at general meetings. For example, Unitholders may appoint proxies to attend, speak and vote, on their behalf, at general meetings. The Manager will consider changing the Trust Deed to accommodate for absentia voting once the legislative changes to recognise remote voting are formalised. The Manager publishes minutes of the general meetings on both SGXNet and ESR-REIT’s website as soon as practicable following the meetings. The minutes will record substantial and relevant comments or queries from Unitholders relating to the agenda of the general meetings, and responses from the Board and Management. The Manager will be holding the forthcoming AGM in a wholly physical format where Unitholders will be able to raise questions and vote in person at the AGM. There will be no option for Unitholders to participate virtually. However, the Unitholders will still be accorded the opportunity to ask questions prior to the AGM and during the AGM. Arrangements relating to the submission of questions to the Chairperson of the meeting in advance of, or at the AGM, and voting at the AGM by Unitholders or their duly appointed proxy(ies), are set out in the Notice of AGM dated 24 April 2026. A separate resolution is proposed for each distinct issue at the general meeting. These resolutions are not bundled or made inter-conditional on each other, unless the issues are interdependent and linked so as to form one significant proposal. Where the resolutions are “bundled”, the reasons and material implications are explained. Information is also provided on each resolution to enable Unitholders to exercise their votes on an informed basis. To ensure transparency, each resolution proposed will be voted by way of electronic poll voting for Unitholders/ proxies present at the meetings. The voting and vote tabulation procedures are declared before the voting commences, and an independent scrutineer is appointed to validate the vote tabulation and procedures. Results of the poll voting (votes cast for or against or abstain from voting, and their respective percentages) are disclosed immediately at the meeting after the conduct of each poll, and also announced in a timely manner after the meeting via SGXNet. Unitholders are informed of general meetings through notices (such notice will also be published on SGXNet, newspapers and ESR-REIT’s website) sent to them in accordance with the requisite notice period. As part of the sustainability efforts and in line with ESR-REIT’s Trust Deed, printed copies of accompanying annual reports or circulars will only be despatched to Unitholders upon request. Electronic copies of the accompanying annual reports or circulars are available for download from the SGXNet and ESRREIT’s website. Unitholders are informed of the rules governing general meetings and are given the opportunity to communicate their views, ask questions and discuss with the Board and Management on matters affecting ESR-REIT. All Directors, together with the Management, representatives of the ESR-REIT ANNUAL REPORT 2025 Corporate Governance
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