Cromwell European REIT - Annual Report 2021

CROMWELL EUROPEAN REIT OVERVIEW (AS AT 23 FEBRUARY 2022) CEREIT has a principal mandate to invest, directly or indirectly, in income-producing commercial real estate assets across Europe with a minimum portfolio weighting of at least 75% to Western Europe and at least 75% to the light industrial / logistics and office sectors. CEREIT’s purpose is to provide Unitholders with stable and growing DPU and NAV per Unit over the long term, while maintaining an appropriate capital structure. CEREIT currently targets a majority investment weighting to the light industrial / logistics sector, while also investing in core office assets in gateway cities. CEREIT’s portfolio comprises 113 1 predominantly freehold properties with an appraised value of approximately €2,467 2 million in or close to major gateway cities in the Netherlands, Italy, France, Poland, Germany, Finland, Denmark, Slovakia, the Czech Republic and €2.5 billion 2 European commercial portfolio 1.8 million sqm NLA 113 1 Primarily freehold properties 1 113 properties include 112 properties as at 31 December 2021 and one recently acquired property in Italy in February 2022 2 Valuations of 113 properties include 108 properties with valuations as at 31 December 2021 and five properties acquired from July 2021 recorded at purchase prices: two in the UK (acquired in August 2021 and December 2021), two in the Netherlands (both acquired in December 2021), and one in Italy (acquired in February 2022) 3 Cromwell Property Group is a stapled group comprising Cromwell Corporation Limited and Cromwell Diversified Property Trust (the responsible entity of which is Cromwell Property Securities Limited) the UK, with an aggregate lettable area of approximately 1.8 million sqm and 800+ tenant-customers. CEREIT is listed on the SGX-ST and is managed by Cromwell EREIT Management Pte. Ltd., a wholly- owned subsidiary of CEREIT’s sponsor, Cromwell Property Group 3 , a real estate investor and global real estate fund manager with operations in 14 countries, listed on the ASX. CENTRAL EUROPE 15% WESTERN EUROPE 85% THE NETHERLANDS GERMANY FRANCE ITALY UK THE NORDICS FOCUS ON STRENGTHS PIVOT TO LOGISTICS 2