Trust Structure
Notes:
| 1 | The Trust Structure above reflects completed assets only. |
| 2 | “BIF Entities” refer to BP-CA3 LLP, BP-SF Turbo LLP and BP-TN Pte. Ltd. BIF directly owns 49.0% partnership interests in BP-CA3 LLP (previously held AUMOVIO Building Phase 3) and BP-SF Turbo LLP (previously held 11 Seletar Aerospace Link), and 49.0% of the total issued shares of BP-TN Pte. Ltd. (previously held Rolls-Royce Solutions Asia). AUMOVIO Building Phase 3, 11 Seletar Aerospace Link and Rolls-Royce Solutions Asia, comprise the IPO Portfolio and have been sold to the REIT Trustee or, as the case maybe, the BIF Trustee. The BIF Entities will be wound up. |
| 3 | “Individual Japan Asset Management Agreements” refer to separate Individual TMK Asset Management Agreements entered into between UIB Konan2 TMK and the Japan Asset Manager, and UIB Koto TMK and the Japan Asset Manager, and the Individual GK Asset Management Agreements entered into between UIB Konan2 GK and the Japan Asset Manager, and UIB Koto GK and the Japan Asset Manager. |
| 4 | “Master Japan Asset Management Agreements” refer to the Master TMK Asset Management Agreement entered into between the Japan Asset Manager, the REIT Manager and the REIT Trustee, and the Master GK Asset Management Agreement entered into between the Japan Asset Manager, the REIT Manager and the REIT Trustee. |