Ui Boustead Reit · SGX:UIBU
Ui Boustead Reit — Investor Presentation (August 2026)
41 slides from Ui Boustead Reit's investor presentation, August 2026
Slide 1: Investor Presentation
Investor Presentation August 2026
Slide 2: Important Notice
Important Notice This Presentation is for information purposes only and does not constitute or form part of an offer, solicitation or invitation of any offer, to buy or subscribe for any Units in Singapore or any other jurisdiction, nor should it or any part of it form the basis of or be relied upon
Slide 3: Contents
Contents ▪ Overview ▪ Business Update Highlights ▪ Investment Management ▪ Capital Management ▪ Asset Management ▪ About the Sponsor ▪ Portfolio Information ▪ Trust Structure 3
Slide 4: Overview
UIB Konan Phase 2 Overview 4
Slide 5: UI Boustead REIT’s Investment Focus
UI Boustead REIT’s Investment Focus Logistics, industrial, Hi-Specs industrial and business space assets and real estate-related assets in the Asia Pacific region, with initial focus in Singapore and Japan % Focused on Developed High-Quality Portfolio Access to Growth Markets with Positive Deliverin
Slide 6: Portfolio Overview
Portfolio Overview 23 properties 100% focused on key developed Well diversified across Across Singapore and Japan various industrial segments markets of Singapore and Japan S$1,904m Agreed Property Value(1) High-quality and strategically Strong income visibility and located portfolio embedded organi
Slide 7: Singapore Portfolio Overview
Singapore Portfolio Overview Property Type Seletar 21 properties Logistics Aerospace Park Business Space Second Link Hi-Specs Industrial Tuas Checkpoint S$1,355m General Industrial Changi Airport Agreed Property Value(1) Major Expressways Logistics Tuas Mega Port One-North Central 3.5 million sq ft
Slide 8: Japan Portfolio Overview
Japan Portfolio Overview Property Type 2 properties Logistics Business Space Tohoku Greater Fukuoka Chugoku S$549m Agreed Property Value(1) Shikoku Chubu Kanto Greater Osaka Kyushu Greater Nagoya Tokyo 1.9 million sq ft Access to 30% of Japan’s population Net Lettable Area and has 20 prefectures and
Slide 9: Business Update Highlights
UIB Konan Phase 2 Business Update Highlights 9
Slide 10: Operational Highlights for Period from 12 Mar 2026 to 30 Jun 2026
Operational Highlights for Period from 12 Mar 2026 to 30 Jun 2026 Investment Management Asset Management Capital Management (1) 98.1% 36.4% S$74.7 million Portfolio Committed Occupancy(3) Aggregate Leverage(5) Co-investment in two development projects, representing ~3.9% of deposited property(2) 2.6
Slide 11: Financial Highlights for Period from 12 Mar 2026 to 30 Jun 2026
Financial Highlights for Period from 12 Mar 2026 to 30 Jun 2026 S$’000 12 Mar 2026 to Variance ▪ Gross revenue and net property income were 30 Jun 2026 3.6% and 4.3% lower than Forecast respectively, mainly due to the weaker Actual Forecast(1) % Japanese yen against the Singapore dollar, Gross reven
Slide 12: Investment Management
AUMOVIO Phase 3 Investment Management 12
Slide 13: UI Boustead REIT’s Multiple Inorganic Growth Levers
UI Boustead REIT’s Multiple Inorganic Growth Levers Asset Enhancement Initiatives (“AEI”) ▪ Value creation from conversion of single-tenant building to multi-tenant building ▪ Increase in NLA for existing properties with unutilised plot ratio Multiple Inorganic Co-Investment in Development Opportuni
Slide 14: Asset Enhancement Initiative - 84 Boon Keng Road
Asset Enhancement Initiative - 84 Boon Keng Road ▪ AEI to convert and reposition property from single-tenant to multi-tenant ▪ Growth from re-leasing upside as rental rate on the single-tenancy is significantly below current market rents for multi-tenant properties in vicinity Hi-Specs Industrial pr
Slide 15: Proposed AEI Works - Creation of Main Entrance and Lift Lobby
Proposed AEI Works - Creation of Main Entrance and Lift Lobby Before After Main entrance lobby Main entrance lobby Main entrance lobby Lift lobby Lift lobby Lift lobby Note: Based on artist's impression only. 15
Slide 16: Proposed AEI Works – Creation of Drop-Off Point and Holding Area
Proposed AEI Works – Creation of Drop-Off Point and Holding Area Before After Car park area Drop off point Car park area Drop off point Holding area Note: Based on artist's impression only. 16
Slide 17: Co-Investment in UIB Konan Phase 3 Development
Co-Investment in UIB Konan Phase 3 Development ▪ Consolidation of presence in strategic location which serves one-third of Japan’s population within 4- hour drive; benefiting from spillover demand in area ▪ Preleasing is progressing well, with ~70% of NLA under negotiations Konan City, Shiga Prefect
Slide 18: UIB Konan Phase 3 Development – Aerial View
UIB Konan Phase 3 Development – Aerial View Legend Portfolio property Property under development Sponsor-managed property UIB Konan Phase 2 UIB Konan Phase 1 UIB Konan Phase 3 Note: Based on artist's impression only. 18
Slide 19: Co-Investment in Aerospace Facility Development
Co-Investment in Aerospace Facility Development ▪ Consolidation of strategic presence within Singapore’s global aerospace hub – will be UI Boustead REIT’s fourth property in Seletar Aerospace Park upon completion Location Seletar Aerospace Park, Singapore; adjacent to Seletar Airport Description Bui
Slide 20: Capital Management
GSK Asia House Capital Management 20
Slide 21: Healthy Balance Sheet
Healthy Balance Sheet As at 30 Jun 2026 ▪ Aggregate leverage of 36.4% as at 30 June 2026, with weighted average all-in cost of Aggregate leverage(1) 36.4% debt of 2.5% per annum Weighted average all-in cost of debt(2) (p.a.) 2.5% ▪ Robust financial metrics that exceed bank Fixed rate debt as % of to
Slide 22: Well-Spread Debt Maturity Profile
Well-Spread Debt Maturity Profile ▪ Prudent debt management strategy with no refinancing requirement until FY2029 ▪ Well-spread debt profile with healthy weighted average debt maturity of 3.9 years(1) ▪ Natural hedge of approximately 66% on the Japan portfolio to mitigate exchange rate volatility De
Slide 23: Asset Management
ALICE@Mediapolis Asset Management 23
Slide 24: Occupancy
Occupancy 8.7% 0.7% 23.3% (1) (1) 100.0% 98.1% 97.0% 96.3% 89.4% 76.7% Portfolio Singapore Japan (2) As at 30 Jun 2026 As at 30 Sep 2025 Notes: (1) Excluding 84 Boon Keng Road as AEI works at the property commenced in June 2026. (2) As disclosed in the Prospectus. 24
Slide 25: Occupancy – By Property Segments
Occupancy – By Property Segments 18.3% 4.3% 3.6% (1) 100.0% 97.4% 96.7% 96.7% 96.1% 93.8% 91.8% 81.7% Logistics Business Space Hi-Specs Industrial General Industrial (2) As at 30 Jun 2026 As at 30 Sep 2025 Notes: (1) Excluding 84 Boon Keng Road as AEI works at the property commenced in June 2026. (2
Slide 26: Portfolio Rental Reversions
Portfolio Rental Reversions % Rental Reversion 12 Mar 2026 to ▪ ~63,600 sq ft of leases were renewed during the Period, 30 Jun 2026(1) of which 26,800 sq ft was attributable to the Singapore portfolio which recorded positive rental reversion of Singapore 2.6% 2.6% Business Space 3.4% ▪ In Japan, Toy
Slide 27: Portfolio Lease Expiry Profile
Portfolio Lease Expiry Profile Breakdown of expiring leases for FY2027 ▪ Long portfolio weighted average lease expiry at 5.4 years, with well-spread lease expiry General extending beyond FY2031 Industrial 16% Logistics 24% ▪ As at 30 June 2026, 11.2% of portfolio gross rental income is due for renew
Slide 28: Top 10 Tenants
Top 10 Tenants Country Tenant NPI Contribution(1) 1 Global technology company(2) 8.5% ~47% NPI contribution from top 10 tenants(1) 2 Leading global aerospace corporation(2) 7.6% 3 GlaxoSmithKline 5.1% 4 Rolls-Royce Solutions Asia 4.8% 100% of top 10 5 Jabil Circuit 4.2% tenants are Fortune 500 or Li
Slide 29: Diversified and Resilient Tenant Base
Diversified and Resilient Tenant Base Packaging Others Energy Resource 1.1% 1.6% 2.8% Electronics & IT Construction 31.7% 65.9% 2.3% in high-tech/value-add, knowledge Government & Business and innovative sectors Services 2.4% Consumer, F&B, Retail 8.8% ✓ Closely aligned with key drivers of Singapore
Slide 30: About the Sponsor
UIB Konan Phase 2 About the Sponsor 30
Slide 31: Sponsored by Pan-Asian Logistics and Industrial Real Estate Platform
Sponsored by Pan-Asian Logistics and Industrial Real Estate Platform Singapore & Japan(1) ~46 years >US$7.7b ~38m sq ft combined operating history invested and developed GFA invested and developed Diversified Strategies cycle-tested track record across ~5m sq ft ~5m sq ft Opportunistic, Value-Add &
Slide 32: Fully Vertically Integrated Platform with End-to-End Capabilities
Fully Vertically Integrated Platform with End-to-End Capabilities and Local "Boots-on- the-Ground" Across Markets Fully Integrated Platform with End-to-End With On-the-Ground Local Presence Real Estate Capabilities Sourcing and Acquisition • Extensive track record and deep local presence across its
Slide 33: Portfolio Information
GSK Asia House Portfolio Information 33
Slide 34: Portfolio – Logistics
Portfolio – Logistics 10 Changi North Way 12 Changi North Way 16 Changi North Way UIB Konan Phase 2 Country Singapore Singapore Singapore Japan Year of Completion(1) 2011 2005 2008 2025 Land Expiry 2065 2065 2065 Freehold GFA (sq ft) 129,373 257,789 121,851 1,953,257 NLA (sq ft) 128,505 221,822 121,
Slide 35: Portfolio – Business Space
Portfolio – Business Space ALICE@Mediapolis GSK Asia House Razer SEA HQ Toyo MK Fuso Building Country Singapore Singapore Singapore Japan Year of Completion(1) 2018 2016 2021 1997 Land Expiry 2047 2045 2049 Freehold GFA (sq ft) 425,181 156,247 205,607 208,640 NLA (sq ft) 329,896 136,341 179,716 163,
Slide 36: Portfolio – Hi-Specs Industrial
Portfolio – Hi-Specs Industrial AUMOVIO Building Edward Boustead 26 Tai Seng Street 351 Braddell Road 84 Boon Keng Road Phase 1 and 2 Centre Country Singapore Singapore Singapore Singapore Singapore Year of Completion(1) 2011 2021 2012 2018 2014 Land Expiry 2067 2048 2059 2047 2043 GFA (sq ft) 193,0
Slide 37: Portfolio – General Industrial
Portfolio – General Industrial 6 Tampines Industrial 8 & 12 Seletar 85 Tuas South Rolls-Royce Solutions Jabil Circuit Avenue 5 Aerospace Heights Avenue 1 Asia Country Singapore Singapore Singapore Singapore Singapore Year of Completion(1) 2010 2020 2008 2014 2013 Land Expiry 2069 2049 2060 2043 2042
Slide 38: Portfolio – General Industrial
Portfolio – General Industrial 10 Seletar Aerospace 11 Seletar Aerospace 31 Tuas South 26 Changi North Rise 98 Tuas Bay Drive Heights Link Avenue 10 Country Singapore Singapore Singapore Singapore Singapore Year of Completion(1) 2013 2015 2011 2014 2019 Land Expiry 2042 2045 2070 2043 2048 GFA (sq f
Slide 39: UI Boustead REIT Structure
UIB Konan Phase 2 UI Boustead REIT Structure 39
Slide 40: UI Boustead REIT Structure
UI Boustead REIT Structure(1) ▪ UI Boustead REIT has 100% economic interest in all its 23 completed properties Unitholders Master Property Management UIB SG PM Perpetual (Asia) Trustee UI Manager UIB REIT Agreement Pte. Ltd. Limited Boustead Management Pte. Ltd. (Property (REIT Trustee) REIT (REIT M
Slide 41: Thank You
Thank You For more information on UI Boustead REIT, please visit www.uibreit.com. For investor and media enquiries related to UI Boustead REIT, please contact ir.team@uibreit.com. 41
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