AL-SALAM REIT ANNUAL REPORT 2023

Tenant % Total Income Unified Vision Sdn Bhd (Midas) 10.3% Linkme LM Trading Sdn Bhd 2.4% Pasaraya ku Trading (Melaka) Sdn Bhd 2.5% Lionmas Furnishers (M) Sdn Bhd 2.1% Kasut U Sdn Bhd 2.0% Sedap 1 Kafe Sdn Bhd 1.6% Green Point Departmental Store Sdn Bhd 1.6% Cosmo Restaurants Sdn Bhd 1.6% Ashri Soya Enterprise 1.6% Mr. D.I.Y. (Johor) Sdn Bhd 1.4% 33 MANAGEMENT DISCUSSION AND ANALYSIS BUSINESS OVERVIEW RETAIL SEGMENT CHALLENGES AND PROSPECTS The entry of a new hypermart into the Kempas area has raised the competition and any disruptions to supply chain could cast uncertainties on the operations of the hypermart. Amidst these potential challenges, @Mart Kempas stands strong with its established presence, fostering loyalty within the captive market in the vicinity. The robust capabilities of the mart operator further ensure the sustained performance of the hypermart. With retail space nearly at full occupancy and a consistent high demand, Al-Salām REIT is actively considering expansion plans for the hypermart. Furthermore, to align with the current trend, additional F&B offerings have been introduced at @Mart Kempas. Top 10 Tenants

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