Keppel Dc Reit · SGX:AJBU
Keppel Dc Reit — Shareholder Meeting (April 2026)
15 slides from Keppel Dc Reit's shareholder meeting presentation, Apr 30, 2026
Slide 1: Annual General Meeting
Annual General Meeting 30 April 2026
Slide 2: FY 2025 Highlights
O1 FY 2025 Highlights iG) y-1) DC REIT
Slide 3: Key Highlights
Key Highlights Creating Unitholder Value Strategic Portfolio Optimisation Positioning for Future Growth Distributable Income ($’000)1 +26% 268,051 y-o-y -30bps y-o-y 3.0% 172,733 ~$6.3b FY 2024 FY 2025 Assets under Management3 Cost of Debt5 ~$531m Distribution Per Unit (cents)2 40.0% debt headroom6
Slide 4: Advancing a Hyperscale-focused Strategy
Advancing a Hyperscale-focused Strategy Acquisitions Divestments Market ~$1.1b ~$0.2b Recognition • Tokyo Data Centre 3, Japan • Kelsterbach Data Centre, • Inclusion in Straits Times Index Germany • Remaining interests in Keppel DC • Joint winner of Singapore Corporate Governance Singapore 3, 4, 7 &
Slide 5: ESG Highlights
ESG Highlights ENVIRONMENTAL RESPONSIBLE PEOPLE & STEWARDSHIP BUSINESS COMMUNITY REFRESHED CLIMATE TARGET GREEN FINANCING TRAINING & DEVELOPMENT 50% reduction in Scope 1 and 2 Launched Inaugural Green Financing 42.5 hours per employee, exceeding emissions from a 2025 baseline Framework and obtained
Slide 6: 1Q 2026 Updates
02 10 2026 Updates iG) t21) DC REIT
Slide 7: Key Highlights
Key Highlights Continued Value Creation Resilient Portfolio Performance Disciplined Growth Distributable Income ($’000)1 -40bps 74,613 y-o-y 61,839 95.6% 2.6% Portfolio Occupancy Cost of Debt4 1Q 2025 1Q 2026 ~$550m Distribution Per Unit (cents)2 40.0% debt headroom5 35.1% 2.833 20.0% 6.5 yrs 2.503
Slide 8: Strong Financial Performance
Strong Financial Performance Distributable Income ($’000)1 ($’000) 1Q 2026 1Q 2025 % Change 74,613 61,839 Gross Revenue 120,956 102,179 +18.4 Property Expenses (15,783) (14,069) +12.2 1Q 2025 1Q 2026 Net Property Income3 105,173 88,110 +19.4 Distribution Per Unit (cents)2 Finance Income 3,811 3,855
Slide 9: Disciplined Capital Management
Disciplined Capital Management Key Metrics As at 31 Mar 2026 Change from 31 Dec 2025 Aggregate Leverage1 35.1% Decreased 20 bps Improved 20 bps Average Cost of Debt2 2.6% (1Q 2026) (4Q 2025) Trailing 12-month Interest Coverage Ratio 7.2 times Decreased 0.3 times (ICR) Sensitivity on ICR Decrease Bas
Slide 10: Well-Staggered Debt Profile
Well-Staggered Debt Profile as at 31 Mar 2026 Proportion of Fixed to Floating Debt Debt Maturity Profile 3.7% Floating Fixed EUR, 11.3% 84.8% JPY, 2.5% 15.2% Debt AUD, 1.2% SGD, 0.2% 2.8% 1.4% 9.8% 1.2% 4.4% 5.6% 2.1% 2.6% 3.1% 5.8% 8.3% 2.1% • A 25 bps change in interest rates would have a ~0.3%1 6
Slide 11: Resilient Portfolio Performance
Resilient Portfolio Performance as at 31 Mar 2026 Stable fundamentals | Active optimisation | Disciplined capital deployment Portfolio Occupancy 1 95.6% • Strong income visibility, underpinned by renewal of major contracts in 2024 and 2025, with ~6% of rental income up for renewal per annum in 2026
Slide 12: Portfolio Contract Types and Expiries
Portfolio Contract Types and Expiries as at 31 Mar 2026 WALE1 & 2 Portfolio Contract Type % of Rental Income2 (years) Fully-fitted (Colocation) 3.0 73.3% Fully-fitted (Single Tenant) 9.4 20.7% Shell and Core 5.8 6.0% Portfolio Contract Expiries 53.5% Portfolio Contract Expiries (By Lettable Area) (B
Slide 13: Diversified Global Client Base
Diversified Global Client Base Rental Income by Trade Sector1 Top 10 Clients3 Trade Sector Rental Income1 Fortune Global 500 Company (Hyperscaler) Internet Enterprise 42.8% Fortune Global 500 Company (Hyperscaler) Internet Enterprise 9.5% Internet Fortune Global 500 Company (Hyperscaler) Internet En
Slide 14: Diversified Global Portfolio with Strong Asia Pacific Presence
Diversified Global Portfolio with Strong Asia Pacific Presence Keppel DC REIT Assets under Management ~$6.3b1 25 data centres across 10 countries Asset Under Management Breakdown1 Asia Pacific 84.7% Europe 15.3% Singapore 62.7% Germany 2.8% Australia 4.4% Ireland 5.4% China 3.7% Italy 1.0% Japan 13.
Slide 15: Thank You
Thank You For more information, please visit: www.keppeldcreit.com Connect with us on: Important Notice: The past performance of Keppel DC REIT is not necessarily indicative of its future performance. Certain statements made in this presentation may not be based on historical information or facts an