ESR AR 2021 (EN)

CORPORATE STRUCTURE 100% ESR Property Management (S) Pte. Ltd. (Singapore) 67.3%2 ESR Funds Management (S) Limited (Singapore) 100% e-Shang Infinity Cayman Limited (Cayman Islands) ESR Pte. Ltd. (Singapore) 95.5%1 ESR Singapore Pte. Ltd. (Singapore) 100% Summit (BVI) Limited (BVI) 100% Sunwood Singapore Holding Pte. Ltd. (Singapore) 95.09%3 Dongguan Huishang E-commerce Services Co., Ltd. (China) 100% Redwood Asian Investments Ltd (Cayman Islands) 100% Dongguan Hongshang Warehousing Services Co., Ltd. (China) 100% Langfang Weidu International Logistics Co., Ltd. (China) 100% Jiangsu Friend Warehousing Co., Ltd. (China) 100% Shenyang Yibei Warehousing Service Co., Ltd. (China) 100% Tianjin Fanxin Warehousing Service Co., Ltd. (China) 90%5 ESR HK Management Limited (Cayman Islands) 100% Lekun Warehousing (Wuxi) Co., Ltd. (China) 100% ESR Hong Kong Brilliant Limited (Cayman Islands) 100% Tianjin Fanbin Warehousing Service Co., Ltd (China) 100% Shanghai e-Shang Warehousing Services Co., Ltd. (China) 100% Propertylink Trust (Australia) 99.7%6 ESR Asset Management (Holdings) Limited (Australia) 99.7%6 ESR Ltd (Japan) 100% ESR Kendall Square Inc. (South Korea) Kendall Square Asset Management, Inc. (South Korea) 100% 100% RW Higashi Ogishima TMK (Japan) 70%4 ESR Sachiura 3 TMK (Japan) 100% ESR Sachiura 4 TMK (Japan) 100% Direct ownership Indirect ownership * As at 31 December 2021 Shanghai Yurun Meat Food Co., Ltd (China) 70%7 100% Shanghai Yiyuan Equity Investment Fund Partnership Enterprise (Limited Partnership) (China) Founders and Directors 24.5% OMERS Administration Corporation 15.0% JD Property Holding Limited 7.0% APG-Stichting 6.9% GIC Private Limited 6.0% Other Public Shareholders 29.6% The Capital Group Companies, Inc. 5.8% Lazard Asset Management LLC 5.1% R E A C H I N G N E W H E I G H T S 54 CORPORATE GOVERNANCE

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