ESR Group Limited Annual Report 2022 11 ESR Group's Robust Scale, Vastly Expanded Capabilities and Deeper Breath of Offerings will Define the Future of APAC Real Estate Notes: 1. Based on constant FX translation as of 31 December 2021 for a like-for-like comparison. Based on FX translation as of 31 December 2022, total AUM would be US$145 billion (US$11 billion FX translation impact), New Economy AUM would be US$68 billion (US$5 billion FX translation impact) and public REITs AUM would be US$45 billion (US$1 billion FX translation impact). 2. Refers to AUM in ESR Data Centre Fund 1 and certain ARA funds with assets located in multiple regions in APAC. 3. Includes ESR-LOGOS REIT and ESR KendallSquare REIT. 4. Excludes the AUM of Associates as of 31 December 2022. 5. REITs + Core Capital defined as core funds and public REITs for ESR and public market assets (including Cromwell and Kenedix REITs) and core funds for ARA. 6. New Economy assets only. Excludes ESR-LOGOS REIT and Sabana REIT. 7. Based on 2020 Nominal GDP per Euromonitor. 12 of Top 20 Global LP Relationships US$11.9 billion Development WIP6 APAC’S #1 Real Asset Manager Powered by the New Economy AUM¹ Composition 1% 21% 22% Region Greater China Japan South Korea APAC Southeast Asia Australia/New Zealand India/Others US/Europe 9% 17% 9% 14% 7% 62% Sector4 New Economy REITs Alternatives/Others 25% 13% 60% Fund Type REITs + Core Capital5 Other Funds Balance Sheet 2% 38% New Economy AUM1 US$73 billion Listed Real Estate Investment Manager Globally 3rd Largest GDP in APAC Covered7 >95% Public REITs1 US$ 46 billion S REITs + Core Capital5 Countries; ~85% of AUM allocated in APAC 60% 28 #1 REAL ASSET MANAGER IN APAC POWERED BY THE NEW ECONOMY WITH A FULL SUITE OF INVESTMENT SOLUTION AND A GLOBAL FOOTPRINT WITH LEADING APAC PRESENCE STRATEGIC REPORT CORPORATE GOVERNANCE FINANCIAL STATEMENT
RkJQdWJsaXNoZXIy MTIwODcxMw==