Notes to the Financial Statements For the financial year ended 31 December 2025 1. GENERAL (CONT’D) (F) Fees under the property and lease management agreements for the Australia properties LOGOS REIT Property Management Pty Ltd as the property manager for all of ESR-REIT’s Australia properties, is entitled to receive the following fees: (a) A property and lease management fee of 2.0% per annum of gross revenue of the relevant property. (b) A marketing services commission equivalent to: (i) between 10% to 18.75% of the annual gross rent for the first year of the new lease or licence, depending on the duration of the new lease or licence secured and whether a local marketing manager is involved; and (ii) 50% of the commission for securing a renewal of lease or licence in a multi-tenanted property. (c) A project management fee in relation to development or redevelopment, refurbishment, retrofitting and renovation works on a property of between 1.5% to 3.0% of construction costs, for construction costs of up to A$50.0 million. For construction costs exceeding A$50.0 million, the project management fee will be mutually agreed. (d) A land tax services fee of between 5.0% to 7.5% of the land tax savings, depending on the quantum of the reduction in annual value of the relevant property. (G) Fees under the asset and investment management agreements for the Australia properties LOGOS REIT Investment Management Pty Ltd as the Australia investment and asset manager for all of ESR-REIT’s Australia properties is entitled to receive the following fees: (a) An investment management fee of: (i) A$53,500 per annum in respect of investment management services provided to ALOG Logistics Trust Australia (“ALTA”, a managed investment trust in Australia); and (ii) A$29,500 per annum in respect of each of ALTA’s sub-trusts in Australia, subject to the customary inflation indexation. (b) An asset management fee based on 0.15% per annum of ALTA’s consolidated deposited properties, excluding its investments in the property funds. Such asset management fee will reduce the Base Fee payable to the Manager as described in paragraph (B)(a) above such that there is no double counting of asset management fees payable to the Manager and its related party. (H) Fees under the asset and property management agreements for the Japan properties ESR Ltd. as the asset and property manager for ESR-REIT’s Japan properties is entitled to receive the following fees: (a) An asset management fee based on 0.275% per annum of the gross asset value of the Japan properties. Such asset management fee will reduce the Base Fee payable to the Manager as described in paragraph (B)(a) above such that there is no double counting of asset management fees payable to the Manager and its related party. (b) A property management fee of up to JPY500,000 per month per property. (c) A construction management fee based on 3.0% of construction costs where the total construction costs is at least JPY1,000,000, subject to a fee cap of JPY300,000. 159 ESR-REIT ANNUAL REPORT 2025
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