Cromwell European REIT - Annual Report 2021

CROMWELL EUROPEAN REIT 277 ANNUAL REPORT 2021 NON-EXHAUSTIVE GLOSSARY OF TERMS AND FIRST MENTIONS Terms and First Mentions Definitions “ EPRA ” European Public Real Estate Association " EPRA sBPR " EPRA Sustainability Best Practices Recommendations “ ERM ” Enterprise risk management “ ERV ” Estimated rental value “ ESG ” Environment, social and governance “ Fitch Ratings ” Fitch Ratings Singapore Pte Ltd “ FMCG ” Fast-moving consumer goods “ FTSE ” The Financial Times Stock Exchange Group, now known as the FTSE Russell Group “ FY 2019 ” 1 January 2019 to 31 December 2019 “ FY 2020 ” 1 January 2020 to 31 December 2020 “ FY 2020 Annual Report ” Cromwell European REIT’s annual report for financial year ended 31 December 2020 “ FY 2021 ” 1 January 2021 to 31 December 2021 “ FY 2022 ” 1 January 2022 to 31 December 2022 “ GAV ” Gross asset value “ GDP ” Gross domestic product “ GIFT ” Governance Index For Trusts “ GRESB ” Global Real Estate Sustainability Benchmark “ GRI ” Global Reporting Initiative “ IAS ” International Accounting Standards “ IIA ” Institute of Internal Auditors Singapore “ Interested Party Transaction(s)” Has the meaning ascribed to it in the Property Funds Appendix “ Interested Person Transaction(s) ” Has the meaning ascribed to it in the SGX-ST Listing Manual “ IPO ” Initial public offering “ IRPAS ” Investor Relations Professionals Association (Singapore) “ IT ” Information technology “ KMP ” Key management personnel of the Manager “ KPI (s) ” Key performance indicators “ KPMG ” KPMG Services Pte. Ltd. “ LEED ” Leadership in Energy and Environmental Design “ Listing Date ” 30 November 2017 “ Listing Manual ” The Listing Manual of the SGX-ST “ Listing Rules ” Listing rules of the SGX-ST “ Manager ” or “ Manager of CEREIT ” Cromwell EREIT Management Pte. Ltd. “ Management ” or the “ management team ” The management team of the Manager “ MAS ” Monetary Authority of Singapore “ MSCI ” MSCI Inc “ NAV ” Net asset value “ NLA ” Net lettable area “ NOI Yield ” NOI yield is calculated as the annualised Day 1 net operating income pre-asset management fees divided by the purchase price including purchase costs “ NPI ” Net property income “ NRC ” Nominating and remuneration committee “ NTA ” Net tangible assets “ p.p. ” Percentage points “ Property Funds Appendix ” Appendix 6 of the CIS Code, issued by the MAS in relation to property funds “ Property Manager ” Cromwell Europe Limited