AL-SALAM REIT ANNUAL REPORT 2025

SECTION 05 pg. 40 AL-SALĀM REIT PORTFOLIO CAPITAL PORTFOLIO OVERVIEW Al-Salām REIT’s Portfolio Capital comprises a diversified portfolio of quality assets, strategically distributed across four key segments: Retail, Office, Food and Beverage (“F&B”), and Industrial & Others. This diversified portfolio provides resilience against market fluctuations and supports the REIT’s long-term value creation objectives. The management of Portfolio Capital is guided by a dual focus on organic and inorganic growth. Organic strategies include asset enhancement initiatives, proactive leasing, and optimisation of tenancy mix to maximise rental yields and improve asset performance. Meanwhile, inorganic strategies typically include yield-accretive acquisitions and selective property developments that strengthen the portfolio and expand income streams. Together, these approaches ensure that AlSalām REIT remains competitive and can deliver sustainable returns to Unitholders. Portfolio Capital is closely interlinked with the other Capitals. The acquisition, management, and operation of assets draw on the Human Capital, Intellectual Capital, and Natural Capital. At the same time, Financial Capital provides the resources required to acquire and maintain said assets, while a well-managed portfolio generates stable rental income that replenishes Financial Capital. Featured Assets As Al-Salām REIT’s flagship asset, KOMTAR JBCC is strategically situated in the heart of the Ibrahim International Business District (“IIBD”). This shopping mall is being transformed into a premier transit-oriented retail destination. Leveraging the upcoming RTS Link, the mall will feature a dedicated pedestrian bridge providing cross-border shoppers with direct, air-conditioned access to its premium dining and curated lifestyle offerings. KOMTAR JBCC FLAGSHIP ASSET This 25-storey purpose-built tower serves as the prestigious corporate headquarters for JCorp and is a cornerstone of Johor Bahru’s central business district. It offers international and domestic enterprises unparalleled connectivity, positioned within walking distance of the CIQ complex and the future Bukit Chagar RTS station. Menara KOMTAR A model of consistent commercial success, this single-storey hypermarket serves as a vital community hub with a resilient occupancy rate of 97%. The asset is anchored by a curated tenant mix tailored to the daily needs of the surrounding residential population, supporting stable footfall and resilient occupancy levels driven by repeat patronage from the local community. Furthermore, it distinguishes itself as a leader in sustainability within the portfolio, featuring a rooftop solar PV system that generated 441 MWh of clean energy in FY2024. @Mart Kempas

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