AL-SALAM REIT ANNUAL REPORT 2025

SECTION 08 pg. 226 AL-SALĀM REIT RISK MANAGEMENT Legend: Capitals: Resources: Severity: Very Low Moderate Low High Very high Likelihood: Very Low Low Moderate High Very high Al-Salām adopts a risk management approach that is integrated with its value creation strategies. This is because risks do not occur in isolation but directly influence the REIT’s ability to achieve its long-term objectives. By embedding risk mitigation initiatives within the broader strategic framework, Al-Salām ensures that every response not only addresses vulnerabilities but also reinforces operational resilience and competitive strength. This alignment transforms risk management from a reactive safeguard into a proactive enabler of value creation. Value Creation Strategies Core Risk Management Strategy Active Asset Management • Enhance asset functionality • Uplift NPI yield • Strengthen investor confidence Inorganic Growth • Maintain disciplined growth pipeline and financial stability Digitalisation, Technology, & Innovation • Enhance operational visibility • Improve cost control • Accelerate leasing cycles ESG Strategy • Strengthen ESG ratings • Reduce environmental impact • Improve stakeholder confidence Organic Growth • Improve occupancy • Reduce OPEX • Increase A&P revenue • Stabilise rental performance Innovative Business Models • Diversify income sources • Improve tenant satisfaction • Align with sustainability targets Long-Term Yield Accretion • Build resilience • Reduce cost volatility • Strengthen capital structure Financial Financial Capital Appointed Persons-in-Charge Systems Implementation Technology Utilisation Equipment Acquisition Manpower & Talent Portfolio Intellectual Human Social Natural

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