OUE Commercial REIT - Annual Report 2021

PORTFOLIO REVIEW BALANCED LEASE EXPIRY PROFILE To ensure stable and sustainable gross rental revenue, the Manager actively manages the lease expiry profile of each of OUE C-REIT’s commercial properties to mitigate the concentration of lease expiries in any given year. The weighted average lease expiry of new leases entered into during the year is 3.5 years, with the new leases contributing 12.0% to OUE C-REIT’s committed commercial segment gross rental income as at 31 December 2021. Singapore Office (S$ psf per month) HISTORICAL AVERAGE PASSING RENTS Mandarin Gallery (S$ psf per month) Lippo Plaza Office (RMB psm per day) Notes: 13 Pro forma average passing rents as at 30 September 2013 as disclosed in OUE C-REIT’s prospectus dated 17 January 2014 14 As at 31 December 2021, leases expiring on 31 December 2021 contributing 0.7% of commercial segment net lettable area and 0.5% of gross rental income had not been renewed Commercial Segment Lease Expiry Profile (%) 2015 2014 2017 2016 2019 2018 2021 2020 2015 2014 2017 2016 2019 2018 2021 2020 2013 13 24.60 23.60 23.60 23.60 21.95 22.50 20.88 22.42 9.45 9.14 9.79 9.89 9.65 9.81 9.00 9.39 9.06 2017 2018 2015 2016 2013 13 2014 2020 2021 2019 OUE Bayfront One Raffles Place OUE Downtown Office 11.43 11.60 11.75 10.28 10.40 10.58 10.26 11.85 9.92 9.45 6.94 11.98 9.68 7.27 12.25 9.92 7.92 12.49 9.98 8.04 2025 2026 and beyond 2023 2024 2021 14 2022 0.7 24.1 0.5 By Net Lettable Area By Gross Rental Income 22.5 20.5 22.0 22.4 21.4 10.9 10.7 21.4 22.8 34 O U E COMM E R C I A L R E I T