Cromwell European REIT - Annual Report 2021

FOCUS ON STRENGTHS PIVOT TO LOGISTICS 276 NON-EXHAUSTIVE GLOSSARY OF TERMS AND FIRST MENTIONS Terms and First Mentions Definitions “ 1Q 2021 ” 1 January to 31 March 2021 “ 2Q 2021 ” 1 April to 30 June 2021 “ 3Q 2021 ” 1 July to 30 September 2021 “ 4Q 2021 ” 1 October to 31 December 2021 “ 1H 2021 ” 1 January to 30 June 2021 “ 2H 2021 ” 1 July to 31 December 2021 “ € ” or “ EUR ” or “ Euro ” Euro Dollar “ AEI(s) ” Asset enhancement initiative(s) “ Aggregate leverage ” The ratio of a REIT's debt to its total deposited property value, also known as “gearing” “ AIFM ” Alternative investment fund management “ AIFMD ” Alternative Investment Fund Managers Directive (2011/61/EU) “ APAC ” Asia Pacific “ ARC ” Audit and risk committee “ ASX ” Australian Securities Exchange “ AUM ” Assets under management “ B2C ” Business-to-consumer “ BCP ” Business continuity planning “ BMS ” Building management system “ Board of Directors ” or the “ Board ” Board of Directors of the Manager “ BREEAM ” ‘Building Research Establishment Environmental Assessment Method’ “ capex ” Capital expenditure “ CBRE ” CBRE Limited “ CEO ” Chief Executive Officer “ CEREIT ID(s) ” Non-executive independent Directors “ CEREIT's Annual Report ” or “ Annual Report ” Cromwell European REIT’s annual report for financial year ended 31 December 2021 “ CFO ” Chief Financial Officer “ CIS Code ” The Code on Collective Investment Schemes “ Code ” Code of Corporate Governance 2018 “ Company Secretary ” Company secretary of the Manager “ COO ” Chief Operating Officer “ cpu ” Cents per Unit “ CPI ” Consumer Price Index “ Cromwell European REIT ” or “ CEREIT ” Cromwell European REIT “ Cromwell ”, the “ Sponsor ” or the “ Group ” Cromwell Property Group, an ASX-listed stapled security comprising Cromwell Corporation Limited and the Cromwell Diversified Property Trust “ Cromwell Property Group Allocation Process ” The allocation of investment opportunities from Cromwell’s origination pipeline in a fair and equitable manner to all funds established and/or sponsored by Cromwell “ D&I ” Diversity and inclusion “ Deepki ” data management platform designed to digitalize the management of large property portfolios “ Deloitte ” Deloitte & Touche LLP “ Director(s) ” Director(s) of the Manager “ DPU ” Distribution per Unit “ DRP ” Distribution reinvestment plan “ EGM ” Extraordinary general meeting “ EMTN ” Euro medium-term note “ EPC ” Energy performance certificate