ESR AR 2021 (EN)

ESTABLISHING A FULLY INTEGRATED CLOSED LOOP SOLUTIONS ECOSYSTEM FOR OUR CAPITAL PARTNERS PRO FORMA ESR GROUP ESR Group offers leading global and regional investors a fully-inclusive integrated platform to rebalance their portfolios. By creating a one-of-a-kind closed loop solutions ecosystem for capital partners with the addition of ARA, ESR Group can leverage our perpetual capital vehicles to help them divest these assets and captively redeploy back into New Economy real estate via ESR and LOGOS — the largest New Economy real estate platform in APAC with US$59 billion of AUM. ESR IS WELL-POSITIONED TO CAPTURE THE ENTIRE FEE POOL AND BENEFIT FROM A FULLY INTEGRATED CLOSED LOOP SOLUTIONS ECOSYSTEM THAT CREATES VALUE FOR ITS STAKEHOLDERS Source: Company Filings Notes: 1 Include logistics and data centres via ESR and LOGOS. 2 On 21 March 2022, ESR-REIT and ARA LOGOS Logistics Trust unitholders approved the merger to form ESR- LOGOS REIT. PRIVATE MARKET REAL ESTATE INVESTORS Insurance SWFs Pension Funds Growing Exposure Across New Economy and Other Alternative Asset Classes INVESTING SIGNIFICANT capital co-invest capital co-invest MINIMAL High Quality Prime Assets DIVESTING Office Retail NEW ECONOMY REAL ESTATE(1) PUBLIC REITS2 + E S R C A Y M A N L I M I T E D A N N U A L R E P O R T 2 0 2 1 79

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