Debt Refinancing Enhanced Charter Hall Long WALE's Balance Sheet Flexibility

The investment objective of Charter Hall Long WALE REIT is to earn stable and secure income. Its rents are secured with long leases, geography and sector diversification, and solid tenants. The portfolio’s weighted average lease expiry of 9.2 years as of Dec. 31, 2025, is longer than most REIT’s. Majority of the assets are located on the Eastern Seaboard of Australia, with half in New South Wales and Victoria. The sector exposure is diversified: 50% of the properties are retail (pubs, service stations and department stores mostly), a quarter industrial and logistics, 15% offices, and the rest data centers and social infrastructure. Top 10 tenants, government, publicly listed, and multinational and national businesses, make up of vast majority of the rental income.