KSS Information Memorandum 2021

Same Store Occupancy: ClassYrs 5 Same Store REVPAM: ClassYrs 5

26.5

26.0

87.5

25.5

86.5

25.0

85.5

24.5

24.0

84.5

23.5

83.5

23.0

1

2

3

4

FYE2017 FYE2018 FYE2019 FYE2020 FYE2021 FYE2018 FYE2019 FYE2020 FYE2021 82.5 FYE2017

1 23.6 24.4 24.7 24.5 24.4

2 24.2 25.3 24.9 24.6 25.3

3 24.5 25.2 25.0 24.7 85.8 84.7 85.3 84.3 87.9 26.16

4 24.5 24.8 24.6 24.1

85.7 85.1 84.5 83.9 84.7

85.8 85.9 84.9 84.4 87.2

85.8 84.4 84.4 82.9

●FYE means Financial Year End ●Quater means FY Quarter ●Occupancy is reported as at Quarter closing ●Occupancy = Rented SQM / Total SQM as % ●ClassYrs is the grouping of stores by consecu�ve years where MLA moveoment is within a -/+2% variance ●ClassYrs 5 consists of 38 stores ●Same Store means data demonstrated is based on the same stores determined by ClassYrs ●FYE means Financial Year End ●Quater means FY Quarter ●REVPAM (Economic Yield) is reported as at Quarter closing ●REVPAM= Net Rental Fees / Total SQM ●ClassYrs is the grouping of stores by consecu�ve years where MLA moveoment is within a -/+2% variance ●ClassYrs 5 consists of 38 stores ●Same Store means data demonstrated is based on the same stores determined by ClassYrs

Same Store REVPOM: ClassYrs 5 Move Ins: l

30.0

5300

29.5

29.0 4800

28.5

4300

28.0

27.5 3800

1

2

3

4

1

2

3

4

FYE2017 FYE2018 FYE2019 FYE2020 FYE2021 FYE2017 FYE2018 FYE2019 FYE2020 FYE2021

27.6 28.7 29.2 29.3 28.8 4136 4098 4451 4028 4324

28.2 29.4 29.3 29.3 29.0 4631 4698 4776 47 0 4678

28.6 29.6 29.3 29.3 4509 4306 4559 5250 4828 29.76

28.6 29.4 29.2 29.0 4227 4187 3821 3868

●FYE means Financial Year End ●Quater means FY Quarter ●REVPOM (Actual Yield) is reported as at Quarter closing ●REVPOM= Actual Value / Occupied SQM ●ClassYrs is the grouping of stores by consecu�ve years where MLA moveoment is within a -/+2% variance ●ClassYrs 5 consists of 38 stores ●Same Store means data demonstrated is based on the same stores determined by ClassYrs ●FYE means Financial Year End ●Quater means FY Quarter ●Move Ins reported as the total move ins for that Quarter ●Mov Ins = Total Quart r Move Ins ●ClassYrs is the grouping of stores by consecu�ve y ars wher MLA move ment is within a -/+2% variance ●ClassYrs 5 consists of 38 stores ●Same Store means data demonstrated is based on the same stores determined by ClassYrs

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