Cromwell European REIT - Annual Report 2021

Luxembourg financing entity 100% 100% 100% 100% 100% 100% 100% 100% 100% Singapore Holding Entities Luxembourg Holding Entities European Holding / Property Entities SG SPV 2 Properties in the Netherlands, Denmark, Germany, France, UK, Czech Republic and Slovakia Intermediate Entities in the Netherlands, Denmark, France, Luxembourg Jersey, UK, Czech Republic, Slovakia Lux Co 3B Intermediate Entities in Finland Properties in Poland and in the Netherlands SG SPV 3 Lux Co 3A Intermediate Entities in Luxembourg, the Netherlands, Poland SG SPV 1 SG Finco Intermediate Entities in France and Luxembourg Properties in Finland Lux Co 1 The following diagram illustrates the relationship, among others, between CEREIT, the Manager, the Trustee, the Property Manager, the Lux AIFM and the Unitholders: Trustee STRUCTURE OF CEREIT (AS AT 23 FEBRUARY 2022) Trustee services Unit ownership Distribution Trustee fees Unitholders Lux Co 2 Properties in France Lux Finco FOCUS ON STRENGTHS PIVOT TO LOGISTICS 18