DIVERSIFIED SOURCES OF FUNDING In FY2025, ESR-REIT entered into the following bank financings and capital markets transactions: 1. Entry into S$160.0 million sustainability-linked unsecured term loan and revolving credit facilities 2. Issued S$100.0 million 4.05% notes due 2030 pursuant to the S$750,000,000 Multicurrency Debt Issuance Programme 3. Issued S$125.0 million 5.75% subordinated perpetual securities pursuant to the S$750,000,000 Multicurrency Debt Issuance Programme CASH FLOWS AND HEDGING ESR-REIT takes a proactive role in managing its cash flows to ensure sufficient liquidity for Unitholder distributions and short-term funding requirements. To manage foreign currency exposure, ESR-REIT aims to maximise natural hedging by borrowing in the local currency of its overseas investments. Its AUD and JPY denominated borrowings provide natural hedges for its Australian and Japanese assets respectively. To further reduce foreign exchange risk on income repatriated to Singapore, the REIT enters into foreign currency forward contracts on a 12 month rolling basis. 59 ESR-REIT ANNUAL REPORT 2025
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