Slide 1: 3Q 2023 Operational Updates
3Q 2023 Operational Updates 16 October 2023
Slide 2: Outline
Outline Key Highlights 3 Portfolio Updates 6 Capital Management 9 Outlook 12 Additional Information 18 Constituent of: Awards and Certifications: FTSE EPRA Nareit Global MSCI Singapore GPR 250 Developed Index Small Cap Index Index Series 1 2 1. The use by Keppel DC REIT of any MSCI ESG Research LLC
Slide 3: Key Highlights
Key Highlights LG) +t) DC REIT
Slide 4: 3Q 2023 Key Highlights
3Q 2023 Key Highlights Resilient Financial Diversified Portfolio Proactive Capital Performance Management Distributable Income1 Portfolio Occupancy3 Aggregate Leverage5 $43.9m 98.3% 37.2% for 3Q 2023. as at 30 Sep 2023. as at 30 Sep 2023. DPU2 Portfolio WALE4 Average Cost of Debt6 2.492 cents 7.8 ye
Slide 5: Resilient Financial Performance
Resilient Financial Performance Distributable Income ($’000)1 Distribution Per Unit (cents)2 3Q 2023 vs 3Q 2022 43,876 46,943 2.585 • Increase in gross revenue and net property income 2.492 due to: o Contributions from acquisitions o Overall positive income reversions and income escalations 3Q 2023
Slide 6: Portfolio Updates
Portfolio Updates [Keppel peat ow A
Slide 7: Diversified Portfolio of Quality Data Centres
Diversified Portfolio of Quality Data Centres High Portfolio Occupancy Long Portfolio WALE Secured new and renewal contracts in Singapore, Australia, Ireland and the 98.3%1 7.8 years2 Netherlands with overall positive as at 30 Sep 2023 by lettable area reversions Optimal Mix of Contract Types Well-S
Slide 8: High-quality Global Client Base
High-quality Global Client Base • Majority of rental income is derived from clients with investment grade or equivalent credit profiles Rental Income by Trade Sector Top 10 Clients by Rental Income Internet Enterprise One of the largest tech companies globally 34.4% Telecom Connectivity solutions pr
Slide 9: Capital Management
Capital Management [Keppel peat of
Slide 10: Favourable Debt Profile
Favourable Debt Profile • Aggregate leverage of 37.2%, available debt headroom of $182m to internal cap of 40% • No further refinancing for 2023, bulk of debt expiring from 2026 and beyond • Obtained multi-currency SGD 120 mil sustainability-linked and Islamic financing facility for six years Debt M
Slide 11: Prudent Management of Borrowing Costs and Impact of Currency Fluctuations
Prudent Management of Borrowing Costs and Impact of Currency Fluctuations Majority of loans fixed through Debt currency breakdown Investment properties breakdown2 interest rate swaps (as at 30 Sep 2023) (as at 30 Sep 2023) Floating Ireland Italy 28% 1.6% Fixed 8.3% 72% Debt EUR Netherlands 39.6% 6.8
Slide 12: Outlook
Outlook [CAS De REIT ay
Slide 13: Data Centre Demand Continues To See Strong Growth
Data Centre Demand Continues To See Strong Growth • Global colocation data centre demand is estimated to grow at a CAGR of 19.2% from 2023 to 2027, as scalable and flexible IT infrastructure remains a core strategy of enterprises and cloud service providers opt for a wholesale colocation strategy to
Slide 14: Diversified Global Portfolio with Strong Asia Pacific Presence
Diversified Global Portfolio with Strong Asia Pacific Presence Keppel DC REIT Assets under Management $3.7b 1,2 9 1 Singapore • Keppel DC Singapore 1 2 Australia • Gore Hill Data Centre, 23 data centres across 9 countries • Keppel DC Sydney 8 3 Singapore 2 • Intellicentre as at 30 Sep 2023 • Keppel
Slide 15: Driving Portfolio Growth Through Acquisitions
Driving Portfolio Growth Through Acquisitions London Data Intellicentre 3 Centre East Data DC1 Centre1 Keppel DC Singapore 3 Guangdong Data Centres Keppel DC Eindhoven 2 & 34 Keppel DC Dublin 12 Campus Singapore 4 Keppel DC Intellicentre 2 Dublin 2 2023 Data Centre1 2022 AUM: $3.7 bil 20213 23 asset
Slide 16: Keppel's Data Centre Assets Under Development & Management
Keppel’s Data Centre Assets Under Development & Management Artist Impression of Qingpu Data Centre, Shanghai Artist Impression of Keppel DC Artist Impression of IndoKeppel Artist Impression of Huailai Singapore 7, Singapore Data Centre 1, Jakarta Data Centre, Greater Beijing Artist Impression of Hui
Slide 17: Thank You
Thank You 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 and may be “forward-looking” statements due to a number of risks, uncertainties
Slide 18: Additional Information
Additional Information [CAS De REIT wy
Slide 19: Portfolio Overview (as at 30 Sep 2023)
Portfolio Overview (as at 30 Sep 2023) Attributable Land lease No. of Occupancy WALE Interest lettable area Valuation2 Lease type Land lease title remaining Clients1 rate (%) (years)3 (sq ft) (years) Asia Pacific Leasehold Keppel DC Singapore 1, Keppel lease / 100% 109,721 24 87.14 S$339.3m 2.2 (Exp
Slide 20: Portfolio Overview (as at 30 Sep 2023)
Portfolio Overview (as at 30 Sep 2023) Attributable Land lease lettable No. of Occupancy WALE Interest Valuation2 Lease type Land lease title remaining area clients1 rate (%) (years)3 (years) (sq ft) Europe Kelsterbach Data Centre, €75.1m Triple-net 100% 540,869 1 100.0 2.3 Freehold - Kelsterbach, G
Slide 21: Overview of Contractual Arrangements
Overview of Contractual Arrangements Responsibilities of Owner Insurance Maintena Property Contractual Building Refresh Asia Pacific Description Capex Arrangement Opex Tax nce Keppel lease1 / ◼ Client: Pays rent Keppel DC Singapore 1 ✓ ✓ ✓ ✓ Colocation2 ◼ Owner: Bears all expenses; responsible for f
Slide 22: Overview of Contractual Arrangements
Overview of Contractual Arrangements Responsibilities of Owner Insurance Maintena Contractual Property Building Refresh Europe Description Capex Arrangement Opex Tax nce Kelsterbach Data Centre Triple-net lease ◼ Client: Pays rent and all outgoings; responsible for facilities management - - - - main
Slide 23: ESG Targets and Commitments
ESG Targets and Commitments Environmental Stewardship Responsible Business People & Community Align reporting with the Obtain and maintain green certification for all Engage with local communities and recommendations of the Taskforce Singapore colocation assets by 2025 and obtain contribute to Keppe
Slide 24: 9M 2023 ESG Highlights
9M 2023 ESG Highlights Environmental Stewardship Responsible Business People & Community • Progressive implementation of • Dedicated Board ESG Committee • Female directors represent 25% of the Taskforce on Climate-related Board • Continual efforts to maintain BCA Green Mark Financial Disclosures (TC
Slide 25: Creating Long-term Stakeholder Value
Creating Long-term Stakeholder Value Diversified global portfolio with a strong Asia Pacific presence • Strong operational expertise and proven growth track record Well-Positioned for Growth • Proactive asset management to optimise portfolio returns • Well-diversified client base The Manager will co
Slide 26: Keppel DC REIT Structure (as at 30 Sep 2023)
Keppel DC REIT Structure (as at 30 Sep 2023) Keppel Keppel Capital Telecommunications & Transportation The REIT Manager can Institutional and The REIT Manager can leverage leverage the Sponsor‘s expertise and Public Investors the scale and resources of a track record in this industry larger asset ma