General Announcement::Presentation Slides for SGX-JP Morgan Corporate Day, 9 November 2021

SGX-JP Morgan Corporate Day

9 November 2021

Outline

Overview	3
3Q 2021 Financial and Portfolio Updates	8
Outlook	15
Additional Information	19

Constituent of:

Awards and Certifications:

FTSE Straits	FTSE EPRA Nareit Global	MSCI Singapore	GPR 250
Times Index	Developed Index	Small Cap Index	Index Series

2

Overview

3

Focused on Growing Data Centre Portfolio

Keppel DC REIT

Assets under Management

$3.1b1

19 data centres across 8 countries

as at 30 Sep 2021

Potential Data Centre

Assets for Acquisitions

>$2b

Data centre assets under development and management through Keppel T&T2, and

Keppel's private data centre funds

• Eindhoven Campus, Eindhoven3

1. Excludes Guangdong Data Centre as it is expected to complete in 4Q 2021.
2. Keppel T&T has granted the Rights of First Refusal (ROFR) to Keppel DC REIT for future acquisition opportunities of its data

	centre assets.	KEPPEL'S ASSETS
3.	The acquisition of Eindhoven Campus was completed in Sep 2021.
4.	Located within the same site in Macquarie Park, Intellicentre 3	•	The Netherlands
	East Data Centre (IC3 East DC) and Intellicentre 2 Data Centre have	•	China
	been collectively renamed Intellicentre Campus.	•	Singapore
		•	Indonesia
		•	Australia

• Intellicentre Campus, Sydney4

CHINA

• Guangdong Data Centre, Guangdong Province

4

Value Creation with DPU Accretive Investments

Deepening footprint in the Netherlands

• Strategic addition of Eindhoven Campus located in the key technology hub of Eindhoven
• The NL-IX is one of the top 10 largest internet exchanges in the world, with connectivity presence in Eindhoven
• The Netherlands data centre market
  is among the top 4 major data centre hubs in Europe, and expected to see 5.3% CAGR in 2021 - 20261

Eindhoven Campus, The Netherlands

Tapping into China's Growing

Digital Economy

• Maiden acquisition in the vast data centre market in China
• Acquisition of Guangdong Data Centre2 will improve Keppel DC REIT's portfolio occupancy and strengthen income resilience
• Guangdong is one of the top and fastest growing data centre locations in China, with demand supported by the city government's push to develop a digital and intelligent economy

Guangdong Data Centre, China

DPU Accretive Investment with Stable Cash Flow

• Proposed investment in bonds and preference shares into M1's mobile, fixed and fibre assets ("Network Assets")3 for $89.7m4
• Provides Keppel DC REIT stable cash flow of $11.0m p.a. (comprising both principal5 and interest) for 15 years, without assuming any operational management risks
• Further strengthen income resilience and create a stronger platform for growth

M1 Network Assets, Singapore

1. Source: EIN Presswire.

2.	Expected completion in 4Q 2021.	5
3.	On 14 Oct 2021, Keppel DC REIT and M1 Limited ("M1") signed agreements for wholly-owned subsidiary(ies) of Keppel DC REIT to subscribe for bonds to be issued by and preference shares of M1 Network Private Limited ("NetCo"). NetCo was established by
	M1 to own M1's Network Assets.
4.	Comprising $88.7m for the bond subscription amount and $1.0m for the preference shares subscription amount. NetCowill reimburse Keppel DC REIT up to $2.7m of the fees and expenses incurred or to be incurred by Keppel DC REIT in connection with the
	proposed NetCoBonds and Preference Shares Investment.
5.	Principal repayments from the investment may be used to pare down external borrowings, as well as fund potential acquisitions and/or capital expenditures.