FInancial Result For the 2H and Financial Year ended 31 December 2025

SUNTEC REIT FINANCIAL RESULT

For the 2H and Financial Year ended 31 December 2025

22 January 2026

Agenda

03

FY 25 Financial Overview

04

FY 25 Operational Overview

05

Financial Highlights

16

Capital Management

19

Singapore Office Portfolio Performance

26

Australia Portfolio Performance

30

UK Portfolio Performance

33

Singapore Retail Portfolio Performance

42

Suntec Convention Performance

46

Our ESG Commitment

Suntec City Office, Singapore

Distributable Income to Unitholders $207.3 million

+14.6% y-o-y

Distribution Per Unit to Unitholders 7.035 cents

+13.6% y-o-y

MIT Status in Australia

MIT Status Maintained for FY 25 Withholding tax rate to remain at 10%1 and 15%2

Notes:

1. For 177 Pacific Highway, 21 Harris Street and 477 Collins Street.

2. For Southgate Complex and 55 Currie Street.

Capital Management

Refinanced $730 million bank loans

Lower interest margins of ~25 bps

Notes:

1. Based on Suntec REIT's interests in Suntec City Office, One Raffles Quay and Marina Bay Financial Centre Office Towers 1 and 2.

2. Based on Suntec REIT's interests in Suntec City Mall, Suntec Singapore (Retail) and Marina Bay Link Mall.

3. Based on Suntec REIT's interests in 177 Pacific Highway, 21 Harris Street, Southgate Complex, 477 Collins Street and 55 Currie Street.

Suntec City

MBFC Properties

One Raffles Quay

Olderfleet, 477 Collins Street

The Minster Building

Nova Properties

177 Pacific Highway

55 Currie Street

Financial Highlights

21 Harris Street

Southgate Complex

8.0M or 1.7%

463.6

6.0M or 1.9%

2H

310.8

3.7M or 3.7%

1H

99.6

52.1

51.2

50.0

49.6

159.8

151.0

157.3

159.5

236.7

226.9

237.1

234.5

Gross Revenue & Net Property Income:

Stronger operating performance across Singapore Office, Retail and Convention

One-off compensation received at 177 Pacific Highway (Sydney)

Lower contribution from The Minster Building (London)

FY 24 FY 25

FY 24 FY 25 FY 24 FY 25

JV Income:

Stronger operating performance and lower interest expense at One Raffles Quay and MBFC Properties

Lower contribution from Southgate Complex (Melbourne)

Notes:

1. Ownership interest of 33.3% for One Raffles Quay and MBFC Properties, 50.0% for Southgate Complex and Nova Properties.

2. Excludes share of gain / (loss) arising from fair value adjustments of ($2.9) mil for the second half ended 31 December 2024 ("2H 24") and $37.9 mil for the second half ended 31 December 2025 ("2H 25").

3. Excludes share of gain / (loss) arising from fair value adjustments of ($2.8) mil for the financial year ended 31 December 2024 ("FY 24") and $37.6 mil for the financial year ended 31 December 2025 ("FY 25").

207.31

7.0351

180.9

6.192

2H

1H

88.7

92.2

3.042

3.150

92.8

114.5

3.155

3.880

26.4M or 14.6%

0.843¢ or 13.6%

Stronger operating performance from Singapore Portfolio Lower financing cost ($19.9m)

FY 24 FY 25 FY 24 FY 25

Note:

1. On a proforma basis, assuming Suntec REIT maintained the MIT status throughout FY25, the distributable income for 1H 25 and 2H 25 would be S$96.2 million and S$111.1 million respectively. Correspondingly, the DPU for 1H 25 and 2H 25 would be 3.271 cents and 3.764 cents respectively.

   Distribution Payment

Ex-date

Record date Payment date

29 Jan 2026

30 Jan 2026

27 Feb 2026

Notes:

Singapore Office Portfolio

Strong Resilience Demonstrated

2.9M or 8.7%

0.2M or 0.3%

0.4M or 0.7%

Gross Revenue & Net Property Income:

Stronger operating performance at Suntec City Office from higher occupancy and achieved rents

Lower operating expenses

JV Income:

Stronger operating performance driven by higher rent at One Raffles Quay and MBFC Properties

Lower interest expense at One Raffles Quay and MBFC Properties

2H 24 2H 25 2H 24 2H 25 2H 24 2H 25

Australia Portfolio

Operating Results Impacted by Portfolio Vacancies

A$ mil S$ mil1

(1.5M or 2.9%)

(2.0M or 5.4%)

(2.7M or 6.0%)

(2.8M or 8.7%)

Gross Revenue & Net Property Income:

Loss of revenue from the surrender of 3 floors at 177 Pacific Highway which have been backfilled; progressive lease commencements in 4Q 25 and 1Q 26

Weaker AUD against SGD

2H 24 2H 25 2H 24 2H 25

(0.8M or 61.5%)

1.3 0.5

2H 24 2H 25

2H 24 2H 25 2H 24 2H 25

(0.7M or 63.6%)

1.1 0.4

2H 24 2H 25

Higher occupancy at 55 Currie

JV Income:

Lower occupancy at Southgate Retail (Melbourne)

Higher provision for doubtful debt for retail tenants

Note: