pg. 41 Approach to Value Creation Integrated Annual Report 2025 PORTFOLIO CAPITAL As part of Al-Salām REIT’s strategic goal to improve portfolio focus, the REIT has reviewed its portfolio mix and established a strategy to guide its shariah-compliant investment direction in the near-to medium-term. With the portfolio strongly anchored in its flagship assets, KOMTAR JBCC and Menara KOMTAR, the REIT has taken an approach to strengthen the retail segment, establishing a clear focus and identity as a diversified retail REIT. While placing focus on the retail segment, the REIT will continuously review other segments to reduce exposure to non-core or mature assets. The REIT is actively sourcing acquisition opportunities in tandem with the capital management strategy to reduce financing costs and return the REIT’s gearing to a healthy level, allowing for headroom to acquire quality assets and subsequently enhance portfolio yield. Currently, the REIT is conducting a portfolio review to identify asset recycling opportunities that improve asset quality, optimise resources, enhance operational efficiency, and establish a clear identity for the REIT, providing investors with clarity on its strategic goals. The general overview of all assets under the REIT is as follows: SASB REAL ESTATE METRICS FY2025 RETAIL Number of assets 4 Net Lettable Area (million sqft) 0.72 Percentage of indirectly managed assets (% by floor area) 35 Average occupancy rate (%) 85 OFFICE Number of assets 1 Net Lettable Area (million sqft) 0.16 Percentage of indirectly managed assets (% by floor area) 100 Average occupancy rate (%) 90 F&B Number of assets 41 Net Lettable Area (million sqft) 0.38 Percentage of indirectly managed assets (% by floor area) 0 Average occupancy rate (%) 100 INDUSTRIAL & OTHERS Number of assets 7 Net Lettable Area (million sqft) 0.69 Percentage of indirectly managed assets (% by floor area) 87 Average occupancy rate (%) 100
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