BANGKOK, 15 MAY 2026

Frasers Property Industrial REIT Management (Thailand) Company Limited (“FIRM”), the REIT Manager of Frasers Property Thailand Industrial Freehold & Leasehold REIT (“FTREIT”) has announced 1HFY2026 (October 2025 - March 2026) performance, reporting total revenue of THB 2,250.4 million, an increase of 7.6% or THB 159.8 million year-on-year (Y-o-Y), while net profit on investment increased by 10.6% or THB 146.8 million Y-o-Y to THB 1,534.5 million. In 2QFY2026 (January - March 2026), FTREIT achieved quarterly total revenue of THB 1,129.3 million, an increase of 6.8% or THB 72.1 million Y-o-Y, with net profit on investment at THB 770.6 million, an increase of 9.8% or THB 68.9 million.

Mr Bhumpharn Arunthammakul, Managing Director of FIRM, the REIT Manager for FTREIT, stated, “Persistent geopolitical tensions have continued to drive investors to steadily relocate their production bases to Southeast Asia, with Thailand emerging as a premier investment destination. This trend has driven robust demand for factory and warehouse space, particularly in the electronics and logistics sectors. Consequently, FTREIT’s portfolio performance remains strong, maintaining an average occupancy rate of 93.1% for the first half and 92.5% for the second quarter of FY2026.”

FTREIT announced a second-quarter distribution of THB 0.1950 per unit, scheduled for payment on 11 June 2026. Combined with the first quarter, the total 1HFY2026 distribution stands at THB 0.3895 per unit.

“Despite economic volatility driven by rising energy costs, the impact to FTREIT’s tenants remains manageable. FTREIT continued to achieve its targets for rental income collection and secured new lease agreements. Nevertheless, the REIT Manager is closely monitoring the situation and effect of government policies in order to implement strategies that ensure operational continuity and long-term value for both the Trust and tenants,” Mr Arunthammakul added.

Looking ahead to 2HFY2026 (April – September 2026), FTREIT plans to continue expanding through the strategic acquisition of high-potential assets. By exploring opportunities within the Frasers Property Thailand group and third parties, the trust aims to drive growth and continue to deliver resilient and sustainable returns to unitholders.