Frasers Property : Industrial successfully completes Frasers Park Roermond first speculative development in the Netherlands

PRESS RELEASE

Frasers Property Industrial successfully completes Frasers Park Roermond first speculative development in the Netherlands

AMSTERDAM, 22 NOVEMBER 2021

Frasers Property Industrial has successfully completed the construction of Frasers Park Roermond, its first speculative development in the Netherlands.

The completed 33,000 square metre state-of-the-art warehouse is located at the industrial area Roerstreek- Noord in Roermond. It comprises two facilities of approximately 18,000 and 15,000 square metres in warehousing and logistics space, as well as two separate office spaces and mezzanine floors. Frasers Park Roermond is well positioned to service national and international customers thanks to its strategic location in the south-east of the Netherlands and close proximity to the German and Belgian borders. The company is currently in talks with several prospects and has recently celebrated the completion of the site with representatives of the municipality of Roermond.

Frasers Property Industrial aims to achieve a BREEAM-NL "Excellent" certification for Frasers Park Roermond thanks to the installation of solar panels on the roof of each facility. Furthermore, all exterior and interior lighting is energy-efficient LED lighting. With initiatives such as an 'insect hotel' providing shelter and nesting places for various types of insects, Frasers Park Roermond provides a favourable environment for flora and fauna.

Frasers Park Roermond was first announced in November 2020 when Frasers Property Industrial acquired the 49,358 square metre development site. As part of Frasers Property's focus on creating places for good, Frasers Property Industrial is supporting Leergeld Roermond, a locally active association giving children from low-income backgrounds access to in-school and extracurricular activities.

Frasers Property Industrial developed Frasers Park Roermond in collaboration with E-Prop as development partner and VDR Bouwgroep as general contractor.

Alexander Heubes, Managing Director Europe at Frasers Property Industrial, comments: "The completion of Frasers Park Roermond is a major milestone for us as it marks the successful completion of our first speculative development in the Netherlands. It has been a pleasure to work alongside E-Propand VDR Bouwgroep to bring the project to life and we're looking forward to welcoming clients to our new state- of-the-artfacility."

Bruno Du Ry, Director at E-Prop, reflects: "Thanks to the smooth and efficient collaboration with Frasers Property Industrial and VDR Bouwgroep, we were able to complete Frasers Park Roermond ahead of schedule. This is a remarkable achievement considering the pandemic-related difficulties in the market environment."

Luc Baltus, Managing Director at VDR Bouwgroep, adds: "Frasers Park Roermond is the perfect example

of how to deal with the building land scarcity in a sustainable way: through developing old industrial sites to high-quality facilities with a low environmental impact. For this reason, we are particularly proud to have contributed together with Frasers Property Industrial and E-Prop to the successful completion of this state-of-the-art logistics distribution center."

JLL and M² Real Estate are the appointed leasing agents for Frasers Park Roermond.

For more information, please visit the website.

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PRESS RELEASE

FOR MEDIA ENQUIRIES, PLEASE CONTACT:

Anja Höchle

CFF Communications, on behalf of Frasers Property Industrial

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About Frasers Property Industrial

Frasers Property Industrial is a strategic business unit of SGX-listed Frasers Property Limited (together with its subsidiaries, the "Group"), a multi-national company that owns, develops, and manages a diverse and integrated property portfolio with total assets of approximately S$40.3 billion as at 30 September 2021.

Frasers Property Industrial owns and manages industrial and logistics properties in Australia and Europe, and its portfolio includes logistics facilities, warehouses and production facilities in strategic locations. Frasers Property Industrial has approximately S$11.3 billion of assets under management as at 30 September 2021 with integrated development, asset management and third-party capital management capabilities across the Group's industrial and logistics markets in Australia, Germany, the Netherlands and Austria.

In addition, Frasers Property Industrial provides property management services to the logistics and industrial properties owned by Frasers Logistics & Commercial Trust ("FLCT") in the major logistics and industrial markets of Australia, Germany and the Netherlands. FLCT is a SGX-listed REIT with a $7.3 billion portfolio comprising 103 logistics, industrial and commercial properties in five developed markets - Australia, Germany, Singapore, the United Kingdom and the Netherlands. FLCT is sponsored by the Group and is managed by Frasers Logistics & Commercial Asset Management Pte. Ltd.

For more information on Frasers Property Industrial, please visit FrasersPropertyIndustrial.com or follow us on LinkedIn.

About Frasers Property Limited

Frasers Property Limited ("Frasers Property" and together with its subsidiaries, the "Frasers Property Group" or the "Group"), is a multi-nationaldeveloper-owner-operator of real estate products and services across the property value chain. Listed on the Main Board of the Singapore Exchange Securities Trading Limited ("SGX-ST") and headquartered in Singapore, the Group has total assets of approximately S$40.3 billion as at 30 September 2021. Frasers Property's multinational businesses operate across five asset classes, namely, residential, retail, commercial & business parks, industrial

• logistics as well as hospitality. The Group has businesses in Southeast Asia, Australia, Europe and China, and its well- established hospitality business owns and/or operates serviced apartments and hotels in over 70 cities and 20 countries across Asia, Australia, Europe, the Middle East and Africa.

Frasers Property is also the sponsor of two real estate investment trusts ("REITs") and one stapled trust listed on the SGX- ST. Frasers Centrepoint Trust and Frasers Logistics & Commercial Trust are focused on retail, and industrial & commercial properties, respectively. Frasers Hospitality Trust (comprising Frasers Hospitality Real Estate Investment Trust and Frasers Hospitality Business Trust) is a stapled trust focused on hospitality properties. In addition, the Group has two REITs listed on the Stock Exchange of Thailand. Frasers Property (Thailand) Public Company Limited is the sponsor of Frasers Property Thailand Industrial Freehold & Leasehold REIT, which is focused on industrial & logistics properties in Thailand, and Golden Ventures Leasehold Real Estate Investment Trust, which is focused on commercial properties.

The Group is committed to inspiring experiences and creating places for good for its stakeholders. By acting progressively, producing and consuming responsibly, and focusing on its people, Frasers Property aspires to raise sustainability ideals across its value chain, and build a more resilient business. It is committed to be a net-zero carbon corporation by 2050. Building on its heritage as well as leveraging its knowledge and capabilities, the Group aims to create lasting shared value for its people, the businesses and communities it serves. Frasers Property believes in the diversity of its people and are invested in promoting a progressive, collaborative and respectful culture.

For more information on Frasers Property, please visit frasersproperty.comor follow us on LinkedIn.

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PRESS RELEASE

About VDR Bouwgroep

VDR Bouwgroep builds industrial business premises, from high-tech cold storage warehouses to sustainable XXL distribution centres, throughout the Netherlands. Sustainable building is its core business and VDR Bouwgroep has achieved a leading position in the field of ciricular building through its NEXTERIAformula. Founded in 1902, the company has grown to a medium-sized organisation with strong family business characteristics. In 1983 the then owner Piet van de Raadt (VDR) handed over his company to his employees who are managing VDR Bouwgroep's shares to this day. The company's core values are Fun, Ambition and Responsibility and there is a lot of attention for people - enthusiasm, initiatives and new ideas among employees are stimulated. www.vdrbouwgroep.nl

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