“ Dear Stakeholders, On behalf of the Board of Directors of the Manager, it is my pleasure to present Al-Salām REIT ("Al-Salām", the "Fund" or the "Group") Annual Report for the financial year ended 31 December 2022 (“FY2022”). FY2022 was a strenuous year for the Fund due to the lingering effects of the coronavirus disease 2019 (“COVID-19”) pandemic and an arduous operating climate. Against this backdrop, AlSalām REIT leveraged on our strengths and experience to deliver a commendable set of results. The Fund posted a realised profit of RMRM15.8 million on the back of a RM71.8 million revenue in FY2022. The total income distribution for FY2022 is 2.50 sen per unit (FY2021: 2.30 sen) totalling RM14.5 million, which represents 92.0% of the income available for distribution. LETTER TO STAKEHOLDERS 11 ANNUAL REPORT 2022
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