Axis Real Estate Investment Trust · MYX:AXREIT

Axis Real Estate Investment Trust — 2Q2025 Earnings Presentation

38 slides from Axis Real Estate Investment Trust's earnings presentation, Jul 30, 2025

  1. Slide 1: Results Presentation 2Q2025

    V AXIS REAL ESTATE INVESTMENT TRUST Results Presentation 2Q2025 30 JULY 2025 REAL ESTATE INVESTMENT TRUST

  2. Slide 2: Table of Contents

    TABLE OF CONTENTS 1H2025 AT A GLANCE Rel) 1H2025 HIGHLIGHTS REN OUR PORTFOLIO zm INVESTMENT OVERVIEW sy = FINANCIAL OVERVIEW STOCK INFORMATION AsSels REAL ESTATE INVESTMENT TRUST Copyright © 2025 AXIS-REIT | All rights reserved

  3. Slide 3: 1H2025 at a Glance

    1H2025 AT A GLANCE REAL ESTATE INVESTMENT TRUST

  4. Slide 4: 1H2025 at a Glance

    1H2025 AT A GLANCE AS AT 30 JUNE 2025 68 properties on portfolio 15.11 million sq. ft. Space Under Management 32.7% Financing Ratio Agals REAL ESTATE INVESTMENT TRUST 57 properties with 100% occupancy Portfolio Occupancy of 97% with a WALE of 4.6 years 5.15 sen Distribution Per Unit 1H2025 Copyright

  5. Slide 5: 1H2025 Highlights

    1H2025 HIGHLIGHTS REAL ESTATE INVESTMENT TRUST

  6. Slide 6: 1H2025 Highlights

    1H2025 HIGHIGHTS Vv Achieved 100% occupancy for our newly developed Axis Mega Distribution Centre (Phase 2) in January 2025. Vv Completed the Income Distribution Reinvestment Plan in conjunction with the payment of 2024 final income distribution on 26 March 2025. Vv Completion of disposal of The Ann

  7. Slide 7: ESG Sustainability Highlights

    ESG SUSTAINABILITY HIGHLIGHTS REAL ESTATE INVESTMENT TRUST

  8. Slide 8: ESG Sustainability Highlights

    ESG SUSTAINABILITY HIGHLIGHTS Als REAL ESTATE INVESTMENT TRUST 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 Inst

  9. Slide 9: ESG Sustainability Highlights

    ESG SUSTAINABILITY HIGHLIGHTS Aasels REAL ESTATE INVESTMENT TRUST SOCIAL o Organised blood donation with Pusat Darah Negara o Funding physiotherapy and speech therapy for children with disabilities GOVERNANCE Y Best Practices: o Complied with 30% female representation on Board with effect from 1 Jun

  10. Slide 10: Our Portfolio

    OUR PORTFOLIO REAL ESTATE INVESTMENT TRUST

  11. Slide 11: Our Portfolio

    OUR PORTFOLIO AS AT 30 JUNE 2025 As at 30 June 2025, the portfolio has 68 assets comprising 15,111,193 sq. ft. and 185 tenants. No. of Properties 68 Realised Property Income (RM‘000) 179,383 Property Expenses (RM’000) 23,749 Realised Net Property Income (RM’000) 155,634 Occupancy 97% PORTFOLIO EFFIC

  12. Slide 12: Our Portfolio: Space Under Management

    OUR PORTFOLIO AS AT 30 JUNE 2025 Space Under Management (‘000 sq ft) 16,000 15,155 5,111 14,000 12,000 10,000 ((000 sq ft) @ g 3 s 6,000 5464 5,464 4288 4,450 4,000 3,680 2,858 1657 278 2,000 | ier bY L l] 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

  13. Slide 13: Established Nationwide Footprint

    OUR PORTFOLIO ESTABLISHED NATIONWIDE FOOTPRINT properties in prime industrial areas Future growth focus expansion in key Strategic diversification is aimed at 68 across Klang Valley, Johor, Penang, industrial hubs located in Selangor, capturing the rapid growth of current Pahang, Negeri Sembilan and

  14. Slide 14: Portfolio Diversification (on NLA)

    OUR PORTFOLIO PORTFOLIO DIVERSIFICATION (ON NLA) 13% Services \ een 17% Consumer Products 41% BY INDUSTRY Logistics SECTOR 29% Manufacturing AsSels REAL ESTATE INVESTMENT TRUST 12% 3% Office / 28% Office Industrial 3% Manufacturing Hypermarket Facilities \. ’, BY ASSET TYPE 54% Logistics Warehouse C

  15. Slide 15: Occupancy Rate

    89% 88% 85% 80% 76% 72% 69% 49% Occupancy Rate

  16. Slide 16: Lease Expiry by Location and Type

    OUR PORTFOLIO LEASE EXPIRY BY LOCATION AND TYPE 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 J

  17. Slide 17: Investment Overview

    INVESTMENT OVERVIEW REAL ESTATE INVESTMENT TRUST

  18. Slide 18: Investment Overview: On-going Acquisition

    INVESTMENT OVERVIEW ON-GOING ACQUISITION STORAGE YARD IN BUKIT RAJA, KLANG Target Completion Date : Vacant Possession Delivery Date - end 2025, Completion - end 2026 Net Lettable Area : Not applicable (property utilized as storage yard) Land Area : Approx. 7.13 acres Land Tenure: Leasehold Occupancy

  19. 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) On-going acquisition Aerial view of Properties and its vicinity, Source: Google Maps) A®AlS REAL ESTATE INVESTMENT TRUST Copyright © 2025 AXIS-REIT | All rights reserved 19

  20. Slide 20: Investment Overview

    INVESTMENT OVERVIEW r 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: v Grade A logistics facilities and manufacturing facilities with long leases from tenants wi

  21. Slide 21: Financial Overview

    FINANCIAL OVERVIEW Asses

  22. Slide 22: As at June 2025

    FINANCIAL OVERVIEW AS AT 30 JUNE 2025 Total Financing RM1.70 billion Financing Ratio 32.7% Total Assets Under Management [a Net Asset Value Per Unit RM5.21 billion cy RM1.65 Total Unitholder’s Funds RM3.3 billion Distribution Per Unit 1Q2025: 2.50sen 2Q2025: 2.65 sen Copyright © 2025 AXIS-REIT | All

  23. Slide 23: 5-Year Results Performance

    FINANCIAL OVERVIEW 5-YEAR RESULTS PERFORMANCE REVENUE (RM’000)* NET PROPERTY INCOME (RM’000)* 350,000 319034 318480, 300,000 281723 281,090 285401 284498 250,000 | 242747 241605 200,000 179,161 179383 150,000 100,000 50,000 0 Fy2021 FY2022 FY2023 FY2024 12025 = Actual After lease incentive adjustmen

  24. Slide 24: Income Statement 2Q2025 vs 2Q2024

    FINANCIAL OVERVIEW INCOME STATEMENT 2Q2025 vs 2Q2024 2Q2025 2Q2024 Changes / (RM’000) (RM’000) Movement No. of Properties 68 64 +4 Property Income 89,902 76,261 +17.9% Property Income - Property income before lease incentive adjustment 89,616 76,064 +17.8% - Lease incentive adjustment (non-distribut

  25. Slide 25: Income Statement 1H2025 vs 1H2024

    FINANCIAL OVERVIEW INCOME STATEMENT 1H2025 vs 1H2024 1H2025 1H2024 Changes / (RM’000) (RM’000) Movement No. of Properties 68 64 +4 Property Income - Note 1 179,383 151,538 +18.4% Property Income - Property income before lease incentive adjustment 179,161 151,242 +18.5% - Lease incentive adjustment (

  26. Slide 26: Income Statement 1H2025 vs 1H2024

    FINANCIAL OVERVIEW INCOME STATEMENT 1H2025 vs 1H2024 Note 1- Property Income Property income is higher as compared to preceding year corresponding period mainly due to: = Rental contribution from newly acquired properties; = Achieved 100% occupancy for Axis Mega Distribution Centre (Phase 2) in Janu

  27. Slide 27: Net Gain on Disposal of The Annex

    FINANCIAL OVERVIEW INCOME STATEMENT 1H2025 vs 1H2024 Note 3a -Net gain on disposal of The Annex The disposal of The Annex has resulted in a total realised gain of RM8.825 million (net of RPGT). The gain ondisposal translates to an additional income distribution of 0.43 sen per unit. To ensure the st

  28. Slide 28: Income Statement Notes

    FINANCIAL OVERVIEW INCOME STATEMENT 1H2025 vs 1H2024 Higher 4 - Non-Property Expenses Higher non-property expenses mainly due to higher manager and trustee fees in line with the increased NAV of the fund after the latest placement exercise and revaluation gains in 2024. Note 5 - Islamic Financing Co

  29. Slide 29: Portfolio Yield by Asset Types

    FINANCIAL OVERVIEW PORTFOLIO YIELD BY ASSETTYPES Asset Type Net Yield (%) Gross Yield (%) Office 6.5 9.3 coat, Office Industrial 75 99 gal Logistics Warehouse 78 8.6 Manufacturing Facilities 8.1 8.9 fal Hypermarket 87 93 a Copyright © 2025 AXIS-REIT | All rights reserved

  30. Slide 30: Financial Position

    FINANCIAL OVERVIEW FINANCIAL POSITION Investment Properties - Note 1 Fixed Assets Asset Classified as Held for Sale Other Assets - Note 2 TOTALASSETS Financing Other Payables Deferred Tax Liability TOTAL LIABILITIES NET ASSET VALUE (NAV) Unitholders' Capital Undistributed Distributable Income Non-Di

  31. Slide 31: Notes - Financial Position

    FINANCIAL OVERVIEW NOTES - FINANCIAL POSITION Note 1 - Investment Properties During the financial period, a total of approximately RM13 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 par

  32. Slide 32: 5-Year Financing Profile

    FINANCIAL OVERVIEW 5-YEAR FINANCING PROFILE 2021 2022 2023 2024 1H2025 Total Financing (RM’000) 1,184,593 1,546,020 1,554,974 1,750,444 1,703,694 Total Assets (RM’000) 3,838,760 4,255,673 4,522,893 5,258,558 5,214,137 Financing Ratio 30.86% 36.33% 34.38% 33.29% 32.67% Effective Profit Rate 3.63% 3.8

  33. Slide 33: Financing Ratio

    FINANCIAL OVERVIEW FINANCING RATIO Placement Undertaken [J 50% 45% 40% 40% 38% 37% 39% 36% 36% 36% 36% a 35% 33% 33% 33% 33% 34% 33% 33% 33% 31% 31% 30% 29% 20% 29% 27% 27% 25% 20% 15% 10% 5% 0% SF PP OP ED Sgr sh 5? ah PSP SP SP oe Pe PS Se Le PO OP PO OP Copyright © 2025 AXIS-REIT | All rights res

  34. Slide 34: Unitholder's Capital (RM'000)

    FINANCIAL OVERVIEW UNITHOLDER’S CAPITAL (RM‘000) 6,000 5,259 5,209 5,214 5,000 4,000 3,000 2,000 1,617 1,589 1,000 > Total Asset ™ Unitholders' Capital AsSels REAL ESTATE INVESTMENT TRUST Copyright © 2025 AXIS-REIT | All rights reserved. 34

  35. Slide 35: Stock Information

    STOCK INFORMATION REAL ESTATE INVESTMENT TRUST

  36. Slide 36: Stock Information: 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 HAJI 5.20% 4 EMPLOYEES PROVIDENT FUND BOARD (ISLAMIC) 446% 5 PUBLIC ITTIKAL SEQUEL FUND. 421% 6 AMANAH SAHAM BUMIPUTERA 3.71% 7 EMPLOYE

  37. Slide 37: Stock Information: CDS Accounts and Holdings

    STOCK INFORMATION NO. OF CDS ACCOUNTS 14,000 + 12,227, 12,247 1246044 gq 12,000 + 10,521 10,000 8,000 | 6,776 6,000 | ses 5,715 3611 3,891 4184 ‘ 4,000 3,009 3,176 ‘ 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1H2025 UNITS HELD 2Q2025 UNITS HELD 1Q2025 MOVEMENT Total no. of unitholde

  38. Slide 38: Thank You

    THANK YOU &% _info@axis-reit.com.my & https://www.axis-reit.com.my/ ( 603-7958 4882 AsSels REAL Est Copyright © 2025 AXIS-REIT | All rights reserved

Axis Real Estate Investment Trust — 2Q2025 Earnings Presentation on 6ix