Financial Results for the 18th Fiscal Period ("FP")Ended February 28, 2025

from the beginning

Financial Results for the 18th Fiscal Period ("FP")Ended February 28, 2025

• Table of contents(Slide only)

1 Fund Performance

• DPU: Actuals

• DPU: Forecasts

• NAV-per-unit

• Shareholder Return: Improved capital efficiency

2 Strategy Framework

• Fund management: Thought process and background

• Situation overview

• Active asset management strategyto maximizeshareholderreturn

• Balance sheet management

• Leveraging public-to-private arbitrage

• Four pillars of LLR’s Active Asset Management

3 Portfolio Management

• Off-loading LOGIPORT Sayama Hidaka to a private vehicle

• Portfolio management

• Utilize off-balance sheet strategic capital

• Asset composition of LLR's balance sheet and off-balance sheet AUM

4 Capital Allocation

• Capital allocation of disposition proceeds

• Consideration on new investments

• Analysis of the share buyback since Apr. 15, 2024

• Updated share buyback initiative

5 Asset Management

• Portfolio management leading to continuous internal growth

• Internal growth potential of LOGIPORT Higashi Ogishima A/B/C

• Asset liability management analysis

6 Value-add Initiatives

• 2nd development project: Matsudo Matsuhidai Logistics Center

• Attractive investment: Mezzanine debt

• Progress in indirect investment

• Collaboration with Mitsubishi Estate Logistics REIT ("MEL")

7 Fortress Balance Sheet

• Financing strategy amid uncertain interest rate environment

8 Net Zero Carbon Initiatives

• Initiatives to reduce CO2 emissions and utility costs

9 Appendix

• 18th fiscal period financial results

• 18th FP financial results summary and 19th and 20th FPs forecasts

• Continuous growth of DPU and NAV per unit

• Current status of the portfolio

• Features of LaSalle LOGIPORT REIT

• Location of LaSalle LOGIPORT REIT major assets

• Portfolio with a diversified tenant base

• Internal growth - Property operations track record (1)

• Internal growth - Property operations track record (2) (Fixed Term Lease properties)

• Portfolio list (1)

• Portfolio list (2)

• LRF3 Properties GK- Portfolio

• NY Properties TMK- Portfolio

• Published investment projects - Portfolio

• Updated pipeline

• Financial management overviewofLLR

• Tokyo / Osaka area submarket vacancy rate and supply outlook

Others

• ESG initiatives #1 - Basic policy

• ESG initiatives #2 - NZC strategy based on energy hierarchy

• ESG initiatives #3 - External evaluation and certifications

• Fund summary

• Unitholders summary

Disclaimer