Axis Real Estate Investment Trust · MYX:AXREIT

Axis Real Estate Investment Trust — Q1 2025 Earnings Presentation

36 slides from Axis Real Estate Investment Trust's earnings presentation, Apr 23, 2025

Slide 1: Axis Real Estate Investment Trust Results Presentation 1Q2025
4 AXIS REAL ESTATE INVESTMENT TRUST Results Presentation 1Q2025 23 APRIL 2025
Slide 2: Table of Contents
TABLE OF CONTENTS 1Q2025 AT A GLANCE yy HIGHLIGHTS MEW OUR PORTFOLIO vm = INVESTMENT OVERVIEW sy) FINANCIAL OVERVIEW STOCK INFORMATION Copyright © 2025 AXIS-REIT | All rights reserved.
Slide 3: 1Q2025 At a Glance
1Q2025 AT A GLANCE
Slide 4: At a Glance
1Q2025 AT A GLANCE AS AT 31 MARCH 2025 69 properties on portfolio 15.15 million sq. ft. Space Under Management 32.8% Financing Ratio Aasels © 58 properties with 100% occupancy Portfolio Occupancy of 97% BS f FS with a WALE of 4.8 years = 2.50 sen Distribution Per Unit 2025 AXIS-REIT | All rights res
Slide 5: Highlights
HIGHLIGHTS
Slide 6: Highlights
HIGHIGHTS » Completed the Income Distribution Reinvestment Plan in conjunction with the payment of 2024 final income distribution. > Traded at a premium of 9% to NAV as at 31 March 2025. > Declared 1st interim 2025 income distribution of 2.50 sen. > Net property income increased by 20% for 1Q2025 as
Slide 7: ESG Sustainability Highlights
ESG SUSTAINABILITY HIGHLIGHTS
Slide 8: ESG Sustainability Highlights
ESG SUSTAINABILITY HIGHLIGHTS Aasels ENVIRONMENTAL Y Efficient Energy Management o Energy, water and waste management On-going management of energy, water and waste targets o Solar Power Initiative Leasing roof space for solar panel installations o EV Charging Stations Installation at selected prope
Slide 9: ESG Sustainability Highlights
ESG SUSTAINABILITY HIGHLIGHTS SOCIAL o Organised blood donation with Pusat Darah Negara o Funding physiotherapy and speech therapy for children with disabilities GOVERNANCE v Best Practices: o Complied with 30% female representation on Board with effect from 1 June 2022 in accordance with the SC’s r
Slide 10: Our Portfolio
OUR PORTFOLIO
Slide 11: Our Portfolio
OUR PORTFOLIO AS AT 31 MARCH 2025 As at 31 March 2025, the portfolio has 69 assets comprising 15,156,094 sq. ft. and 182 tenants. No. of Properties 69 Realised Property Income (RM’000) 89,481 Property Expenses (RM’000) 12,090 Realised Net Property Income (RM’000) 77,391 Occupancy 97% PORTFOLIO EFFIC
Slide 12: Our Portfolio: Space Under Management
OUR PORTFOLIO AS AT 31 MARCH 2025 16,000 14,000 12,000 10,000 8,000 (1000 sq ft) 6,000 4,000 2005 2006 2007 Aagels Space Under Management (‘000 sq ft) 12,726 11,375 10,479 9349 9,538 8,088 7,607 6859 7,015 5,464 5,464 4288 4,450 3,680 2,858 ~ SP LLL | 2008 2009 2010 2011 2012 2013 2014 2015 2016 201
Slide 13: Established Nationwide Footprint
OUR PORTFOLIO ESTABLISHED NATIONWIDE FOOTPRINT properties in prime industrial areas 69 across Klang Valley, Johor, Penang, Pahang, Negeri Sembilan and Kedah PENANG (5%) * Bayan Lepas * Seberang Perai * Batu Kawan SELANGOR (58%) Shah Alam Petaling Jaya Klang Rawang Subang Batu Caves NEGERI SEMBILAN (
Slide 14: Portfolio Diversification (on NLA)
OUR PORTFOLIO PORTFOLIO DIVERSIFICATION (ON NLA) 12% 3% 12% 3% Office / Vacant —, 26% Office Industrial 3% Manufacturing i, Hypermarket 16% Facilities \. ’, Consumer Products 40% BY INDUSTRY BY ASSET TYPE Logistics SECTOR ) 29% 56% Manufacturing Logistics Warehouse Aasels REAL ESTATE INVESTMENT TRUS
Slide 15: Occupancy Rate
85% 79% 77% 76% 75% 70% 49% Occupancy Rate
Slide 16: Lease Expiry by Location and Type
OUR PORTFOLIO LEASE EXPIRY BY LOCATION AND TYPE YEAR 2025 2026 2027 Lease Expiry by Due for % of % of Rental Due for % of % of Rental Due for of % of Rental Location Renewal (sq. ft.) Total NLA Income/month _ Renewal (sq. ft.) Total NLA Income/month Renewal (sq. ft.) Total NLA Income/month Petaling
Slide 17: Investment Overview
INVESTMENT OVERVIEW
Slide 18: On-going Acquisition: Storage Yard in Bukit Raja, Klang
INVESTMENT OVERVIEW ON-GOING ACQUISITION STORAGE YARD IN BUKIT RAJA, KLANG Target Completion Date : Net Lettable Area Land Area Land Tenure Occupancy Purchase Price Vacant Possession Delivery Date - end 2025, Completion - end 2026 : Not applicable (property utilized as storage yard) : Approx. 7.13 a
Slide 19: Completed and On-going Acquisition Within the Same Area
COMPLETED AND ON-GOING ACQUISITION WITHIN THE SAME AREA AXIS FACILITY 1, 2, 3 AND STORAGE YARD IN BUKIT RAJA, KLANG (CONT’D) Aerial view of Properties and its vicinity, Source: Google Maps) On-going acquisition Copyright © 2025 AXIS-REIT | All rights reserved. 19
Slide 20: On-going Disposal: The Annex, Selangor
INVESTMENT OVERVIEW ON-GOING DISPOSAL THE ANNEX , SELANGOR SPA Date : 26 February 2025 Original Purchase Price : RM12.0 million Total Investment Outlay : RM14.0 million - Disposal Price : RM24.2 million = Purchaser : Basic Eight (M) Sdn Bhd > Occupancy on eyrsancdhs SPA Date : 100% Estimated Gain on
Slide 21: Investment Overview: Acquisition Targets
INVESTMENT OVERVIEW ’ The Manager continues to aggressively source and evaluate potential acquisition targets that are deemed investable by Axis- REIT. The selection of properties continue to focus on below: Y Grade A logistics facilities and manufacturing facilities with long leases from tenants wi
Slide 22: Financial Overview
1Q2025 FINANCIAL OVERVIEW
Slide 23: Financial Overview
1Q2025 FINANCIAL OVERVIEW AS AT 31 MARCH 2025 Total Assets Under Management RM5.21 billion Total Financing RM1.71 billion Total Unitholder’s Funds RM3.3 billion 2025 AXIS-REIT | All rights reserved Net Asset Value Per Unit RM1.65 Financing Ratio 32.8% Distribution Per Unit 1Q2025: 2.50sen
Slide 24: Financial Overview: Results Performance
1Q2025 FINANCIAL OVERVIEW cc RESULTS PERFORMANCE 194 REVENUE ) REVENUE (RM‘O00)" ‘000)* 350,000 319,034 318,480 300,000 281,723 281,090 285,401 284,498 20,000 | 22747 241605 200,000 150,000 100,000 89545 89,481 a R 0 FY2021 FY2022 FY2023 Fy2024 192025 = Actual After lease incentive adjustment NET IN
Slide 25: Income Statement 1Q2025 vs 1Q2024
1Q2025 FINANCIAL OVERVIEW INCOME STATEMENT 1Q2025 vs 1Q2024 1Q2025 1Q2024 Changes / RM’‘000) No. of Properties 69 63 +6 Property Income — Note 1 89,481 75,277 +18.9% Property Income - Property income before lease incentive adjustment 89,545 75,178 419.1% - Lease incentive adjustment (non-distributab
Slide 26: Income Statement Notes
1Q2025 FINANCIAL OVERVIEW INCOME STATEMENT 1Q2025 vs 1Q2024 Note 1 - Property Income Property income is higher as compared to preceding year corresponding period mainly due to: = Rental contribution from newly acquired properties; = New tenancies from Axis Mega Distribution Centre (Phase 2); and = P
Slide 27: Portfolio Yield by Asset Types
1Q2025 FINANCIAL OVERVIEW PORTFOLIO YIELD BY ASSET TYPES Asset Type Net Yield (%) i Office 6.5 Office Industrial 7.0 Logistics Warehouse 78 Manufacturing Facilities 8.1 fail Hypermarket 8.5 Copyright © 2025 AXIS-REIT | All rights reserved. Gross Yield (%) 9.3 9.2 8.6 8.9 9.1 27
Slide 28: Financial Position
1Q2025 FINANCIAL OVERVIEW FINANCIAL POSITION 31/3/25 (RM’000) 31/12/24 (RM’000) inges (RM’001 Investment Properties — Note 1 5,095,209 5,090,820 +4,389 Fixed Assets. 1,158 1,112 +46 Asset Classified as Held for Sale 23,124 23,000 +124 Other Assets - Note 2 89,241 143,626 -54,385 TOTAL ASSETS 5,208,7
Slide 29: Notes - Financial Position
1Q2025 FINANCIAL OVERVIEW NOTES - FINANCIAL POSITION Note 1 - Investment Properties During the financial period, a total of RM4.5 million was spent on enhancement of existing properties. Note 2 - Other Assets The RM64 million balance proceeds from 2024 equity placement has been utilised to pare down
Slide 30: 5-Year Financing Profile
1Q2025 FINANCIAL OVERVIEW 5-YEAR FINANCING PROFILE 2021 Total Financing (RM’000) 1,184,593 Total Assets (RM’000) 3,838,760 Financing Ratio 30.86% Effective Profit Rate 3.63% Percentage of short-term financing 47% - Maturity < 1 Year Percentage of medium/ long term financing (maturity more than 1 yea
Slide 31: Financing Ratio
1Q2025 FINANCIAL OVERVIEW FINANCING RATIO 36% 27% 38% 36% 33% 31% 27% 24% Placement Undertaken [J 33% 33% 33% 37% 0% SS ¥ Rot Als REAL ESTATE INVESTMENT TRUST 31% one 30% 29% Copyright © 2025 AXIS-REIT | All rights reserved. 31
Slide 32: Unitholder's Capital
1Q2025 FINANCIAL OVERVIEW UNITHOLDER’S CAPITAL (RM’000) 6,000 5259 5,209 5,000 + 4,000 + 3,000 + 2,000 1,617 1,589 12091298 1,000 =Total Asset m Unitholders' Capital Copyright © 2025 AXIS-REIT | All rights reserved. 32 REAL ESTATE INVESTMENT TRUST
Slide 33: Stock Information
STOCK INFORMATION
Slide 34: Top Unitholders
STOCK INFORMATION TOP 10 UNITHOLDER’S * NAME OF UNITHOLDER % 1 KUMPULAN WANG PERSARAAN (DIPERBADANKAN) 7.18% 2 EMPLOYEES PROVIDENT FUND BOARD 6.05% 3 LEMBAGA TABUNG HAJ! 5.20% 4 EMPLOYEES PROVIDENT FUND BOARD (ISLAMIC) 447% 5 PUBLIC ITTIKAL SEQUEL FUND 4.13% 6 AMANAH SAHAM BUMIPUTERA 3.99% 7 TEW PEN
Slide 35: Number of CDS Accounts and Holdings
STOCK INFORMATION NO. OF CDS ACCOUNTS 14,000 12,227. 12,247, 12460 4,442 12,000 10521 10,000 8,000 6776 6,000 sas 5,715 3611 3,891 4,184 i 4,000 | 3,009 3,176 " 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1Q2025 ITS HELD 1Q2 ITS HELD 4Q2024 MOVEMENT Total no. of unitholders 12,142 12

Axis Real Estate Investment Trust — Q1 2025 Earnings Presentation on 6ix

Axis Real Estate Investment Trust — Q1 2025 Earnings Presentation

Slide 1: Axis Real Estate Investment Trust Results Presentation 1Q2025

Slide 2: Table of Contents

Slide 3: 1Q2025 At a Glance

Slide 4: At a Glance

Slide 5: Highlights

Slide 6: Highlights

Slide 7: ESG Sustainability Highlights

Slide 8: ESG Sustainability Highlights

Slide 9: ESG Sustainability Highlights

Slide 10: Our Portfolio

Slide 11: Our Portfolio

Slide 12: Our Portfolio: Space Under Management

Slide 13: Established Nationwide Footprint

Slide 14: Portfolio Diversification (on NLA)

Slide 15: Occupancy Rate

Slide 16: Lease Expiry by Location and Type

Slide 17: Investment Overview

Slide 18: On-going Acquisition: Storage Yard in Bukit Raja, Klang

Slide 19: Completed and On-going Acquisition Within the Same Area

Slide 20: On-going Disposal: The Annex, Selangor

Slide 21: Investment Overview: Acquisition Targets

Slide 22: Financial Overview

Slide 23: Financial Overview

Slide 24: Financial Overview: Results Performance

Slide 25: Income Statement 1Q2025 vs 1Q2024

Slide 26: Income Statement Notes

Slide 27: Portfolio Yield by Asset Types

Slide 28: Financial Position

Slide 29: Notes - Financial Position

Slide 30: 5-Year Financing Profile

Slide 31: Financing Ratio

Slide 32: Unitholder's Capital

Slide 33: Stock Information

Slide 34: Top Unitholders

Slide 35: Number of CDS Accounts and Holdings

Slide 36: Thank You