Investment Properties Portfolio Statements As at 31 December 2025 The accompanying accounting policies and explanatory notes form an integral part of the financial statements. Notes (1) Business Parks are clusters of buildings and offices typically dedicated to business activities relating to high-technology, research and development (R&D) value-added and knowledge-intensive sectors. Companies that take up space in Business Parks can engage in a range of light and clean uses such as technical support, information-communications, healthcare devices, product design, development and testing, service centres and back-end office functions. (2) High-Specifications Industrial properties are mixed-use industrial buildings with a high proportion of space that can be allocated for office use. These buildings typically have facilities such as air-conditioned units and sufficient floorboard, ceiling height and electrical power capacities to enable both office and manufacturing functions to be carried out concurrently. (3) Logistics properties are typically equipped with high floor loading and also have a high floor-to-ceiling height. Such buildings can be either single-storey or multi-storey properties with vehicular ramp access and/or heavy-duty cargo lift access. (4) General Industrial properties can be single or multi-storey facilities dedicated to general industrial, manufacturing or factory activities. Such spaces also have a low percentage of the usable space which can be set aside for office use. (5) ESR-REIT holds the remainder of a 30+30 year lease commencing from 1 August 1996. (6) Viva Trust holds the remainder of a 60 year lease commencing from 1 April 1971 for Plot 1: Lot 8134N Mukim 27 and 43 year lease commencing from 1 March 1988 for Plot 2: Lot 7837V Mukim 27. (7) Viva Trust holds the remainder of a 30+30 year lease commencing from 1 February 2008. (8) ESR-REIT holds the remainder of a 30+30 year lease commencing from 1 February 1997. (9) ESR-REIT holds the remainder of a 99 year lease commencing from 1 January 1958. (10) ESR-REIT holds the remainder of a 30+30 year lease commencing from 16 October 1990. (11) ESR-REIT holds the remainder of a 30+30 year lease commencing from 4 July 2007. (12) ESR-REIT holds the remainder of a 30+30 year lease commencing from 1 December 1989. (13) Viva Trust holds the remainder of a 30+30 year lease commencing from 11 September 2007. (14) ESR-REIT holds the remainder of a 30+30 year lease commencing from 1 February 1993. (15) 7000 AMK LLP holds the remainder of a 32+30 year lease commencing from 30 January 1995. (16) Tuas South Avenue LLP holds the remainder of a 30+30 year lease commencing from 22 June 2008. (17) ESR-REIT holds the remainder of a 30+30 year lease commencing from 16 October 1994. (18) ESR-REIT holds the remainder of a 60 year lease commencing from 16 February 1973. (19) ESR-REIT holds the remainder of a 30+12 year lease commencing from 1 March 1995. (20) ESR-REIT holds the remainder of a 30 year lease commencing from 16 December 2011. (21) ESR-REIT holds the remainder of a 30+14 year lease commencing from 1 May 2006. (22) Viva Trust holds the remainder of a 30 year lease commencing from 16 February 2007. (23) ALOG Trust holds the remainder of a 29 year lease commencing from 19 August 2006. (24) ALOG Trust holds the remainder of a 30+30 year lease commencing from 20 December 2005. (25) ALOG Trust holds the remainder of a 30+30 year lease commencing from 1 June 2005. (26) ALOG Trust holds the remainder of a 30+30 year lease commencing from 16 August 2005. (27) ALOG Trust holds the remainder of a 30+16 year lease commencing from 1 February 2007. (28) ALOG Trust holds the remainder of a 30 year lease commencing from 1 October 2003. (29) ALOG Trust holds the remainder of a 30 year lease commencing from 16 June 2014. (30) ESR-REIT holds the remainder of a 10+22 year lease commencing from 1 June 2007. (31) ESR-REIT holds the remainder of a 30+30 year lease commencing from 1 May 1992. (32) ESR-REIT holds the remainder of a 30+30 year lease commencing from 1 December 1991. (33) ESR-REIT holds the remainder of a 30+30 year lease commencing from 1 October 1990. (34) ESR-REIT holds the remainder of a 30+30 year lease commencing from 1 April 1994. (35) ESR-REIT holds the remainder of a 30+30 year lease commencing from 1 March 2001 for 1 Changi North Street 2 and 30+30 year lease commencing from 23 November 2005 for 2 Changi North Street 2. (36) ESR-REIT holds the remainder of a 30+30 year lease commencing from 16 July 1998. (37) ESR-REIT holds the remainder of a 30+30 year lease commencing from 1 March 1995. (38) ESR-REIT holds the remainder of a 30+30 year lease commencing from 16 June 1996. (39) ESR-REIT holds the remainder of a 30 year lease commencing from 16 March 2005. (40) ESR-REIT holds the remainder of a 29.5 year lease commencing from 1 April 2008. (41) ESR-REIT holds the remainder of a 30+30 year lease commencing from 16 October 1995. (42) ESR-REIT holds the remainder of a 30+28 year lease commencing from 1 February 2009. (43) ESR-REIT holds the remainder of a 30+30 year lease commencing from 16 October 1995. (44) ESR-REIT holds the remainder of a 30 year lease commencing from 1 February 2008. (45) ESR-REIT holds the remainder of a 28 year lease commencing from 25 March 2007. 151 ESR-REIT ANNUAL REPORT 2025
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