Asset enhancement of UE BizHub EAST completed in 1Q2021, renamed as ESR BizPark @ Changi

Asset enhancement of 19 Tai Seng Avenue expected to be completed in 4Q2021

Commencement of asset enhancement works at 7000 Ang Mo Kio Avenue 5, expected to be completed in 3Q2023

Acquired 46A Tanjong Penjuru and 10% interest in ESR Australia Logistics Partnership

Divested 11 Serangoon North Avenue 5 and 3C Toh Guan Road East

Ranked 14 in the Singapore Governance and Transparency Index’s (SGTI) REIT and Business Trust category for 2021, with an overall score of 89.6

Entered into a S$320 million unsecured loan facility

Entered into a A$68.5 million unsecured loan facility

Successfully issued S$125.0 million 5-year senior notes due 2026 in August 2021, priced at a new benchmark 2.60% coupon with more than 2.2x subscription

Completed S$149.6 million equity fundraising (S$49.6 million Preferential Offering and S$100.0 million Private Placement) in August 2021, which was ~3.5x covered

Asset enhancement of UE BizHub EAST in progress, expected to be completed in 1Q2021

Commencement of asset enhancement works at 19 Tai Seng Avenue, expected to be completed in 3Q2021

Ranked 19 in the Singapore Governance and Transparency Index’s (SGTI) REIT and Business Trust category for 2020, with an overall score of 81.4

ESR-REIT ranked 28^th position on the Governance Index for Trusts (GIFT) with an overall score of 61.5

Conferred Best Industrial REIT (More than 1 Billion in Market Capital) – GOLD at the 7th Edition REITs Asia Pacific & The Best of The Breeds REITs Awards 2020

Awarded Best Payments & Collections Solution at The Asset Triple A Treasury, Trade, Supply Chain and Risk Management Awards 2020

Awarded in the Titanium category of The Asset Benchmark Research ESG Corporate Awards 2020

Redeemed all outstanding $30.0 million of 4.10% fixed rate notes due in 2020

Entered into a S$200 million unsecured loan facility

Redeemed all outstanding $130.0 million of 3.95% fixed rate notes due in 2020

Entered into a S$460 million unsecured loan facility in connection with the Proposed Merger with Sabana REIT

Completed the asset enhancement of 30 Marsiling Industrial Estate Road 8 in January

Awarded in the Real Estate Category at the Singapore Business Review Listed Companies Awards 2019

Entered into a S$155m unsecured club loan facility

Entered into a S$150m unsecured loan facility

ESR-REIT completes merger with Viva Industrial Trust. This merger is the first S-REIT merger to be completed via a trust scheme arrangement.

The following properties were divested in 2018 :

9 Bukit Batok Street 22

Received the “Best Singapore Deal” for the merger between ESR-REIT and Viva Industrial Trust at the FinanceAsia Awards 2018

Given Certificate of Excellence in Investor Relations at IR Magazine Forum & Awards South East Asia 2018

Awarded Platinum Award in the Industrial REIT category at Asia Pacific Best of the breeds REITS Awards 2018

Ranked 18 in the Singapore Governance and Transparency Index’s (SGTI) REIT and Business Trust category for 2018, with an overall score of 80.8

ESR-REIT maintains sixth position on the Governance Index for Trusts (GIFT) with an overall score of 77.

Best Domestic M&A for ESR-REIT S$936.7 million acquisition of Viva Industrial Trust at The Asset Triple A Regional Awards 2018

Completed a non-renounceable preferential offering, raising gross proceeds $141.9m

Entered into a S$700m unsecured loan facility agreement, in connection with the merger with Viva Industrial Trust and the trust scheme of arrangement

Redeemed all outstanding $155m of 3.50% fixed rate notes due in 2018

Entered into a S$100m unsecured loan facility

ESR Cayman Limited acquires c.80% indirect stake in Manager from NAB and Oxley (remaining 20% in Manager held by Mitsui), and c.12% of REIT units, becoming REIT’s second largest unitholder

Cambridge Industrial Trust changes its name to “ESR-REIT”

The following properties were acquired in 2017 :

The following properties were divested in 2017 :

Awarded Best Corporate Governance Company, Singapore at Global Banking & Finance Awards 2017

Issued S$150m of 4.6% subordinated perpetual securities as part of the S$750m Multicurrency MTN programme

Completed the notification process with the Financial Services Agency of Japan (JFSA), the first S-REIT to do so

The following properties were divested in 2016 :

Included as a constituent of the first SGX Sustainability Leaders Index

Published first Sustainability Report, one of the first few companies in Singapore to do so

Completed refinancing of NAB loan facility, unencumbering 100% of portfolio

Updated S$500m Multi-currency MTN programme to S$750m

Issued S$50m of 3.95% fixed rate notes due 2023

Entry into S$100m unsecured loan facility

The following properties were acquired in 2015 :

Won the Adam Smith Asia Award for Best Financing Solution in 2015

Refinanced S$250m Club Loan, unencumbering S$1.1b of assets

Issued S$55m of 3.50% fixed rate notes due 2018 and S$130m of 3.95% fixed rate notes due 2020

The following properties were acquired in 2014 :

The following properties were divested in 2014 :

Won prestigious Solar Pioneer Award at the Asia Clean Energy Summit from EDB Singapore

Issued S$30m of 4.10% fixed rate notes due 2020

Issued S$100m of 3.50% fixed rate notes due 2018

The following properties were acquired in 2013 :

The following properties were divested in 2013 :

Entered into S$250m IRS and reduced all-in cost of debt

Refinanced S$100m of term loan facility and S$50m of revolving credit facility

Refinanced and converted S$120m of acquisition term loan to S$100m loan facility

The following properties were acquired in 2012 :

The following properties were divested in 2012 :

Established S$500m Multi-currency MTN Programme

Issued S$50m of 4.75% fixed rate notes

Established S$40m revolving credit facility

Increased existing S$320m term loan facility with S$100m short term loan facility and S$50m revolving credit facility

The following properties were acquired in 2011 :

The following properties were divested in 2011 :

Rights issue of S$56.7m for acquisition of 3 properties

Refinanced S$320m of loan facilities

The following properties were acquired in 2010 :

The following properties were divested in 2010 :

Awarded the “Best Deal in Singapore 2009” at the Asset Triple A Asian Awards for raising S$390.1m in 2009

Private placement of S$70.0m and preferential offering of S$20.4m

Private placement of S$28.0m for AEI and working capital purposes

Completed S$390.1m of loan refinancing

Acquisition of majority ownership of CITM by NAB, Oxley Capital and Mitsui remain as JV partners

The following properties were acquired in 2008 :

S$358m IRS completed

Established S$100m of revolving credit facilities

Launched first private placement in the USA under Rule 144A – the first Singapore REIT to raise funds in this manner

The following properties were acquired in 2007 :

Listing of Cambridge Industrial Trust (“CIT”) on the SGX-ST