4Q & Full Year FY25/26 Financial Results Briefing

Hi, good afternoon. Welcome to the fourth quarter results briefing for the financial year and the March 2026. This is Maple Tree.G6 Trust. I will hand over the session to Charmaine Lam. This meeting is being recorded. Sorry about that. To kick off the presentation. Charmaine, please. Hi. Thank you for taking the time to attend our briefing. I'll take you guys through the four key results as well as the key highlights before passing on to the team. The rest of the team is through the rest of the slides. So for fourth quarter, 25-26, for this quarter, our gross revenue and MPI are higher by about 1.7% and 0.9% year on year. Sorry, lower by 1.7% and 0.9% year on year, mainly because of absence of contribution from our divested asset as well as FX. In terms of DPU, we are declaring 1.8, 1.9 cents. This is 7% lower year on year. If we are to strip

out the divestment gains from the DPU from last year, DPU from operations, at 1.8, 1.9 cents is actually 0.9% higher year on year and 0.2% higher quarter on quarter. In terms of portfolio occupancy, we're slightly higher, 96.9% versus 96.4% last quarter. Portfolio rental reversion is a positive 3.3%. In order to exclude China, that's a positive 4.2%. Rail stable at 2.5 years. In terms of capital management, aggregate leverage is slightly lower, 40.6%. We manage to keep our interest cost stable at 2.6%. About 83% of our total debt has been hedged into six rates and 75% of our income for the next 12 months have been hedged into $6.

Please, we move on to 4Q FY25, 26 versus 4Q last year's results. Revenue is 1.7% lower. This is mainly due to the absence of contribution from divested asset. We continue to face currency weakness in certain currencies. Although this is partly offset by appreciation of Malaysian bring-in as well as AUD dollars, the currency impact is also partly mitigated through hedging.

The lower cross revenue is actually mitigated by contribution from our completed redevelopment of Napotry-Jukon Logistic Hubs, that's our AEI, and higher contribution from Singapore, Japan, and Vietnam offset by lower contribution from China. We remain conscious of our cost of containment and for property expenses, we are slightly lower, 6.3% lower. Although this is offset by contribution from Napotry-Jukon Logistic Hubs. If we have to exclude the impact of divestment and FX, cross revenue and MPI would have increased by 3.6 million and 4.1 million. In terms of borrowing costs, slightly lower, 3% lower, mainly due to lower base rates on our SORA rates. Interest savings from repayment of loans with divestment proceeds, partly offset by interest incurred on loan drawn from forward our AEI that's recognized in the P&L post-TOP,

as well as replacement of hedges at higher costs and higher rates for JPY loans. All in, DI to unit holders is 6.1% lower and our available DTU is 7% lower, 1.819 cents versus 1.955 cents. But if we are to strip out the DG as mentioned earlier, it's 1.819 cents versus 1.803 cents, that's 0.9% higher. 12 months this year versus 12 months last year, revenue and MPI both lower mainly for the same reasons as PORQ, absence of contribution from divested properties, regional currency weakness, which is mitigated with hedging, as well as mitigated by full clear contribution from acquisitions in the last financial year, as well as contribution from our AEI, higher contribution from Singapore, Japan, Vietnam, Malaysia and Hong Kong, offset by lower

contribution from China and South Korea. Excluding the impact of divestments and PORQs, gross revenue and MTI would have increased by 6.1 million and 5.4 million. Similarly, gross revenue borrowing cost is lower, mainly due to lower base rate on unhedged thing dollar as well as Hong Kong dollar loans. Interest savings from repayment of loans is by investment proceeds, partly offset by interest in cut on loan drawn for the AEI and capital expenditure, as well as replacement hedges at higher cost and higher base rate for VPI loans.

Accordingly, our DI to unit holders is 8.9% lower. If we are to strip out the DG component, adjusted DI to unit holders would exceed 2.5% lower and adjusted DTU from operations that you see. It's actually 3.4% lower, 7.262 for the full year versus 7.519 cents last year. Moving on to quarter and quarter results, gross revenue is slightly lower mainly due to currency weaknesses, as well as absence of contribution from divested properties mitigated by higher contribution from our AEI JU code. Property expenses increased slightly due to higher repair maintenance expenses. All in NPI is slightly lower by 0.4%. Borrowing costs, slightly lower by 1.7%, mainly due to a shorter quarter being a shorter quarter than 3Q.