Cromwell European REIT - Annual Report 2021

2021 23 February: Announced 2H 2020 DPU of 1.744¹ Euro cents Establishment and activation of DRP 27 January: Raised €200 million debt as tap of existing senior unsecured notes due 2025 24 February: Announced €100 million over-subscribed equity private placement to partially fund acquisitions in Italy, the Czech Republic and Slovakia Announced advanced distribution of 0.580² Euro cents for the period from 1 January to 4 March 2021 9 September: Completed divestment of a non-core asset in France 12 October: CEREIT reported GRESB score increase by 4% from previous year (73 to 76) 15 September: Mr Ooi Eng Peng appointed as non-independent non-executive Director, replacing Mr Michael Wilde 3 September: CEREIT included in the FTSE EPRA Nareit Global Index 29 October: Completed CEREIT’s third logistics asset in Italy 17 November: Announced S$100 million fixed-rate subordinated perpetual securities at an effective 3.55% fixed rate in € for five years with S$50 million in Singapore’s first sustainability-linked cross-currency swap €2,291 million portfolio value €2,178 million portfolio value as at 31 December 2020 CEREIT’S MILESTONES 11 March: Completed acquisition of portfolio of 11 properties in the Czech Republic and Slovakia 5 November: Establishment of S$750 million multicurrency perpetual securities programme 17 – 30 December: Completed one logistics acquisition in the UK and two logistics acquisitions in the Netherlands 2021 €2,343 million portfolio value €2,362 million portfolio value 1 8.720 Euro cents DPU after adjustment for 5:1 Unit consolidation 2 2.900 Euro cents DPU after adjustment for 5:1 Unit consolidation 96 PROPERTIES 107 PROPERTIES 108 PROPERTIES 109 PROPERTIES 112 PROPERTIES FOCUS ON STRENGTHS PIVOT TO LOGISTICS 32