Sk Reit Co. Ltd. · KRX:395400
Sk Reit — K-REITs Corporate Day (October 2026)
25 slides from Sk Reit's conference presentation, Oct 14, 2026
Slide 1: K-REITs Corporate Day IR Presentation
October 14, 2026 K-REITs Corporate Day IR Presentation
Slide 2: Contents
Dp CONTENTS SK reit SK REIT's Value, A Happy Future for All. 01 Snapshot 02 Investment Structure Listed on the KOSPI in Sep. 2021, . SK REIT holds Korea's largest AUM (KRW 5.3tn) and highest credit rating (AA-) 03 2026 Key Achievements and is Korea's No. 1 REIT, the first to adopt a quarterly distri
Slide 3: Snapshot
SK REIT IR Presentation, Oct. 2026 5.3 tn 1.6 tn AA- Mar/Jun/Sep/Dec 29.1% 1.4% 47.2% 4.5yrs 112 8.4% 9.0yrs 5.12 % 3
Slide 4: Investment Structure
SK REIT IR Presentation, Oct. 2026 4
Slide 5: Seorin Building 5-year lease extension complete
SK REIT IR Presentation, Oct. 2026 Seorin Building's 5-year lease extension is complete, with rent reset to market level (up ~18%). As a result, ~81% of GFA now matures after 2030, securing long-term lease stability. 80,000 40% 70,000 60,000 50,000 26% 40,000 18% 30,000 15% 11% 20,000 10,000 4% 0.5%
Slide 6: Weighted Avg. Cost of Debt and maturities
SK REIT IR Presentation, Oct. 2026 4.5% SK REIT Wtd. Avg. Cost of Debt 4.0% 3.5% 3.78% 3.66% 3.74% 3.78% 3.81% 3.78% 3.0% 3.22% CD91 2.5% 2.92% 2.56% 2.81% 2.82% 2.57% 2.0% 25.2Q 25.3Q 25.4Q 26.1Q 26.2Q 26.3Q 2027 4,418 3,991 3,600 12,009 (43.3%) 2028 2,448 1,540 2,164 2,900 9,052 (32.6%) 4.469% Sep
Slide 7: Strengthening distribution stability even as rates rise
SK REIT IR Presentation, Oct. 2026 Funding Structure Optimization Rental Income Growth & Asset Management Efficiency Financing Costs (Conceptual) Operating Income (Conceptual) Gas Station Sales Continued gas station disposals Funding If Rates Rise Structure Financing Costs U Tower Renewal Renew expi
Slide 8: Appendix
she SK Seorin Building ies, Appendix Borrowings Detail SK REIT History Portfolio Lease Status Asset Portfolio Summary Asset Details Balance Sheet & Income Statement REIT Glossary OYARHORWN = \ \\ aN ANWANY \\ \\ NN NUNN NEE NERNEY \ \\ \\ \
Slide 9: Borrowings Detail
SK REIT IR Presentation, Oct. 2026 REIT Collateral / Bond Name Category Start Date Maturity Date Rate Type Interest Rate Amount (KRW mn) SK REIT Seorin Bldg. - 2024-07-05 2027-07-05 Floating 3.67% 441,800 SK REIT SK U-Tower - 2025-06-30 2028-06-30 Floating 4.02% 154,000 SK REIT SK P-Tower - 2025-11-
Slide 10: SK REIT History
SK REIT IR Presentation, Oct. 2026 10
Slide 11: AUM of KRW 5.3tn, Korea's largest
SK REIT IR Presentation, Oct. 2026 With AUM of KRW 5.3tn, Korea's largest, +31.7% +27.2% +25.6% +10.7% +6.2% +8.3% +6.2% 11
Slide 12: Lease Status: Occupancy and WALE
SK REIT IR Presentation, Oct. 2026 (Area, py) (Occupancy, %) 50,000 100% 40,000 80% 30,000 60% 20,000 40% 80,000 10,000 20% 40% 0 0% 60,000 Seorin Gas Stns. U Tower Jongno Water C Tower P Tower 26% Bldg. Tower Trt. 40,000 18% GFA Occupancy 11% 20,000 0.5% 4% - 2026 2027 2028 2029 2030 2031 2032 2033
Slide 13: Asset Portfolio Summary
SK REIT IR Presentation, Oct. 2026 Note 1) Based on appraisal consulting as of end-Jun. 2026 Note 2) Cap Rate = Annualized NOI ÷ Acquisition price Note 3) 2026 weighted avg. cap rate: 5.03% 13
Slide 14: Asset Details: Fair Value
SK REIT IR Presentation, Oct. 2026 Fair Value +31.7% (Jun. 30, 2026) 14
Slide 15: Asset Details: Fair Value
SK REIT IR Presentation, Oct. 2026 +25.6% Fair Value (Jun. 30, 2026) 15
Slide 16: Asset Details: Fair Value
SK REIT IR Presentation, Oct. 2026 Fair Value +10.7% (Jun. 30, 2026) 16
Slide 17: Asset Details: Fair Value
SK REIT IR Presentation, Oct. 2026 Apr. 25, 1989 (Renovated May 2024) Fair Value +8.3% (Jun. 30, 2026) 17
Slide 18: Asset Details: Fair Value
SK REIT IR Presentation, Oct. 2026 Fair Value +6.2% 18
Slide 19: SK Energy gas stations under Master Lease
SK REIT IR Presentation, Oct. 2026 SK Energy's 102 gas stations sit at high-traffic hubs nationwide, generating stable cash flows under a Master Lease. Seoul Gyeonggi/Incheon Metro Cities Others 102 (Land and buildings only; dispensers, piping, tanks excluded) Fair Value +27.2% (103 sites) (Jun. 30,
Slide 20: Asset Details: Fair Value
SK REIT IR Presentation, Oct. 2026 JC IC IC IC JC IC IC JC JC IC Fair Value +6.2% (Jun. 30, 2026) 20
Slide 21: Financial Statements
SK REIT IR Presentation, Oct. 2026 21
Slide 22: Financial Statements
SK REIT IR Presentation, Oct. 2026 22
Slide 23: REIT Glossary: AFFO
SK REIT IR Presentation, Oct. 2026 • Adjusted Funds From Operations — distributable cash flow excluding fair value gains/losses and reflecting asset disposal gains /losses • AFFO = Operating income − Fair value gain (or + loss) ± Asset disposal gain/loss 23
Slide 24: Disclaimer
DISCLAIMER + This document has been prepared by SK Reits Management Co,, Ltd. (the "Asset Manager") solely to introduce SK REIT Co., Ltd. (the "REIT") to prospective investors. + Please note the following important information before using this document. + This document is provided for informational
Slide 25: Contact
SK REIT Co., Ltd. 15F, 136 Sejong-daero, Jung-gu, Seoul (Taepyeongno 1-ga, Finance Building) TEL. 02-6353-7070 FAX. 02-6353-7099