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Brookfield India Real Estate Trust Investor Update Q1 FY2027 August 10 , 2026 trueblus CANDOR TECHSPACE G1 , GURUGRAM
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BROOKFIELDINDIAREIT.IN By reading this presentation (the “Presentation”), you agree to be bound by the following limitations: This Presentation is for information purposes only without regard to specific objectives, financial situations or needs of any particular person, and should not be disclosed, reproduced, retransmitted, summarized, distributed or furnished, in whole or in part, to any other person or persons. The material that follows is a Presentation on the information pertaining to key updates of Brookfield India Real Estate Trust (“Brookfield India REIT”). We don't assume responsibility to publicly amend, modify or revise any statements in the Presentation on the basis of any subsequent development, information or events, or otherwise. This Presentation comprises information given in summary form and does not purport to be complete and it cannot be guaranteed that such information is true and accurate. For ease and simplicity of representation, certain figures may have been rounded. No representation, warranty or undertaking, express or implied, is made or assurance given that such statements, views, projections or forecasts, if any, are correct or that any objectives specified herein will be achieved. Neither we, nor any of our affiliates, as such, make any representation or warranty, express or implied, as to, and do not accept any responsibility or liability with respect to, any loss, howsoever, arising from any use or reliance on this Presentation or its content or otherwise arising in connection therewith. Unless otherwise stated in this Presentation, the information contained herein is based on management information as they exist as of date/date indicated in this Presentation and estimates. The information contained herein is subject to change without notice and past performance is not indicative of future results. Certain information contained herein constitutes forward-looking statements. Due to various risks and uncertainties, actual events or results or the actual performance of Brookfield India REIT may differ materially from those reflected or contemplated in such forward-looking statements. Although Brookfield India REIT believes that the anticipated future results, performance or achievements expressed or implied by the forward-looking statements and information are based upon reasonable assumptions and expectations in light of the information presently available, you should not place undue reliance on forward-looking statements and information because they involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Brookfield India REIT to differ materially from anticipated future results, performance or achievement expressed or implied by such forward-looking statements and information. Factors that could cause actual results to differ materially from those set forward in the forward-looking statements or information include but are not limited to: general economic conditions, changes in interest and exchange rates, availability of equity and debt financing and risks particular to underlying portfolio company investments. There is no guarantee that Brookfield India REIT will be able to successfully execute on all or any future deals, projects or exit strategies, achieve leasing plans, secure debt or receive development approvals as set forth in this Presentation. Projected results reflected herein have been prepared based on various estimations and assumptions made by management, including estimations and assumptions about events that have not yet occurred. Projected results are based on underwriting. Due to various risks, uncertainties and changes beyond the control of Brookfield, the actual performance of the Brookfield India REIT could differ materially from the projected results. There is no assurance, representation or warranty being made by any person that any of the projected results will be achieved and undue reliance should not be put on them. Industry experts may disagree with the assumptions used in presenting the projected results. Any changes to assumptions could have a material impact on projections and actual returns. Actual returns on unrealized investments will depend on, among other factors, future operating results, the value of the assets and market conditions at the time of disposition, legal and contractual restrictions on transfer that may limit liquidity, any related transaction costs and the timing and manner of sale, all of which may differ from the assumptions and circumstances on which the valuations used in the prior performance data contained herein are based. Accordingly, the actual realized returns on unrealized investments may differ materially from the returns indicated herein. In considering investment performance information contained herein, you should bear in mind that past performance is not necessarily indicative of future results and there can be no assurance that comparable results will be achieved, that an investment will be similar to the historic investments presented herein (because of economic conditions, the availability of investment opportunities or otherwise), that targeted returns, diversification or asset allocations will be met or that an investment strategy or investment objectives will be achieved. Any information regarding prior investment activities and returns contained herein has not been calculated using generally accepted accounting principles and has not been audited or verified by an auditor or any independent party. Nothing contained herein should be deemed to be a prediction or projection of future performance. Certain of the information contained herein is based on or derived from information provided by independent third party sources. While Brookfield India REIT believes that such information is accurate as of the date it was produced and that the sources from which such information has been obtained are reliable, Brookfield India REIT does not guarantee the accuracy or completeness of such information, and has not independently verified such information or the assumptions on which such information is based. This document is subject to the assumptions (if any) and notes contained herein. The information in this Presentation does not take into account your investment objectives, financial situation or particular needs and nothing contained herein should be construed as legal, business or tax advice. Each prospective investor should consult its own attorney, business adviser and tax advisor as to legal, business, tax and related matters concerning the information contained herein. This document is just a Presentation and is not intended to be a “prospectus” or “draft offer document” or “offer document” or “final offer document” or “offer letter” or “offering memorandum” (as defined or referred to, as the case may be, under the Companies Act, 2013 and the rules notified thereunder, and the Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014, Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008, as amended, or any other applicable law). This Presentation has not been and will not be reviewed or approved by a regulatory authority in India or elsewhere or by any stock exchange in India or elsewhere. None of the information contained herein (or in any future communication (written or oral) regarding an investment) is intended to be investment advice with respect to a proposed investment. If we should at any time commence an offering of units, debentures, bonds or any other securities/ instruments of Brookfield India REIT, any decision to invest in any such offer to subscribe for or acquire units, debentures, bonds or any other securities/ instruments of Brookfield India REIT, must be based wholly on the information contained in an offer document or offering circular (including the risk factors mentioned therein) issued or to be issued in connection with any such offer and not on the contents hereof. Any prospective investor investing in such invitation, offer or sale of securities by Brookfield India REIT should consult its own advisors before taking any decision in relation thereto. The securities of Brookfield India REIT have not been and will not be registered under the U.S. Securities Act, 1933, as amended (“U.S. Securities Act”), or the securities laws of any applicable jurisdiction and these materials do not constitute or form a part of any offer to sell or solicitation of an offer to purchase or subscribe for any securities in the United States of America or elsewhere in which such offer, solicitation or sale would be unlawful prior to registration under the U.S. Securities Act or the securities laws of any such jurisdiction. Disclaimer 2
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BROOKFIELDINDIAREIT.IN High Quality Properties in Gateway Cities India’s only 100% institutionally managed pan-India office REIT Note: All metrics are as on June 30, 2026. Operating metrics and Consolidated GAV include 100% of all assets across the presentation . Brookfield India REIT owns 87% economic interest in Ecoworld and 50% economic interest in G1, Downtown Powai (Commercial / IT Park) and the North Commercial Portfolio . While Ecoworld, G1 and Downtown Powai (Commercial / IT Park) are consolidated in the financials, North Commercial Portfolio is accounted for using the equity accounting method. 3 KolkataMumbai, Pune Bengaluru, Chennai, Hyderabad ECOWORLD, BENGALURU SELECT ASSETS 32.6 MSF Operating Area 33% YoY 93% Committed Occupancy ~37% YoY decline in vacancy Rs 104 PSF In-Place Rent Per Month 5%+ YoY 6.7 Yrs. WALE REIT Assets (in MSF) (Operating) 32.6 MSF Other Sponsor Assets (in MSF) (Including Development) 19.2 MSF WORLDMARK, NEW DELHI DOWNTOWN POWAI (SEZ), MUMBAI 8 11 4 8 Gurugram, Noida, New Delhi 17 3
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BROOKFIELDINDIAREIT.IN Q1 FY2027 Business Highlights We have executed on our stated strategy and are poised for continued growth Metric Performance Leasing Gross Leasing of 1.1 MSF Re-leasing spread of 14%; achieved additional 0.6 MSF early renewals of expiries beyond FY2027 Committed Occupancy at 93%, 4% YoY Driven by strong leasing demand across product and tenant categories Income and Distributions Same store NOI 8% YoY Driven by lease-up and contracted rent growth DPU of Rs 5.60 per unit Growth and Acquisitions Proposed acquisition of 0.3 MSF front-office asset in BKC Grade A property in Mumbai’s CBD, 100% leased(1) to blue-chip tenants, in a 50-50 partnership with NCW Prime Offices Fund (part of Nuvama Group) Robust pipeline of Sponsor assets for potential acquisitions High-quality properties in top office markets; dry powder of Rs 43 Billion(2) for future growth (at 35% LTV) 15% embedded DPU growth To be driven by income flow-through from lease-up and upcoming development / refurbishment 2 1 3 (1) Property is 89% leased as on date and is expected to hit 100% committed occupancy by Sep 30, 2026 (including LOIs). (2) Considered basis pro-forma net debt and GAV post proposed 0.3 MSF acquisition in BKC. 4
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BROOKFIELDINDIAREIT.IN Leasing Success | Q1 FY2027 Robust leasing performance with 1.1 MSF(1) of gross leasing New Leasing Renewals Gross Leasing Area (SF) 709,000 390,000 1,098,000 SEZ Properties (SF) 576,000 252,000 828,000 Average Rent(2) (PSF) Rs 99 Rs 101 Rs 100 Average Term(2) (Yrs.) 10.6 8.4 9.8 Spread(2) (%) 14% 12% 14% LEASING UPDATE – CURRENT QUARTER GCC 39% | Others 61% (1) Excluding 0.6 MSF early renewal of expiries beyond FY2027. (2) For office areas excluding amenity spaces, weighted by area. 1 Qualcomm Accenture Global Home Appliances Co. 5
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BROOKFIELDINDIAREIT.IN Leasing Success | Q1 FY2027 (Cont’d) Strong leasing momentum across product categories, driven by GCC demand and robust renewals from existing technology services tenants 0.3 MSF 0.5 MSF 0.3 MSF STRONG GROSS LEASING ACROSS CATEGORIES; 39% CONTRIBUTION FROM GCCs IT / Commercial 27% SEZ 31% SEZ (Non-Processing) 42% 1 • Technology services accounted for 63% of total Q1 FY2027 renewals with average tenure of ~11 years • Lease expiries remain well staggered across future periods COMMITMENT FROM TECHNOLOGY SERVICES REINFORCED THROUGH RENEWALS 1.1 MSF Gross Leasing 14% Re-Leasing Spread(1) N2, Ecoworld 435 555 Mar-26 Jun-26 Ecoworld(2) 501 576 Mar-26 Jun-26 (1) For office areas excluding amenity spaces, weighted by area. (2) Excluding campus 3 KPMG Global ServicesHoneywell KEY GCC EXPANSIONS (KSF) 6
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BROOKFIELDINDIAREIT.IN(1) The 5-year lock-in applies to 478 KSF of renewed area, while the remaining 86 KSF has a 3 -year lock-in. Leasing Success | Airtel Center1 Achieved 0.6 MSF early renewal with Bharti Airtel, de-risking its future term expiry AIRTEL CENTER, GURUGRAM • Single shot renewal of ~80% area in the building, driven by strong tenant relationship • Renewal secured for two years ahead of expiry with a long tenure • Discussions underway with prospective tenants to lease the remaining 20% area 9 YEARS LEASABLE AREA 565 KSF 80% ASSET GLA 5 YEAR LOCK-IN(1)LEASE TERM 7
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BROOKFIELDINDIAREIT.IN (1) Excludes NOI of Rs 1.4 Billion from North Commercial Portfolio, which is accounted for using the equity accounting method in the financials. (2) Includes distribution from the North Commercial Portfolio. (3) Includes interest on CCDs and NCDs. (4) Includes repayment of NCDs. (5) Interest income on fixed deposits and gain on investment in mutual funds. Income and Distributions Rs 1.65 , 29% Rs 2.67 , 48% Rs 0.93 , 17% Rs 0.35 , 6% Interest on Shareholder Loan Repayment of Shareholder Loan Dividends Other Income (3) (4) Rs 7.6 Billion NET OPERATING INCOME (1) Rs 4.6 Billion DISTRIBUTIONS (2) Rs 5.60 per unit Q1 FY2027 FINANCIAL HIGHLIGHTS Q1 FY2027 - DPU COMPOSITION Rs 5.60 DPU By August 20, 2026 PAYOUT DATE August 13, 2026 RECORD DATE 2 8 (5)
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BROOKFIELDINDIAREIT.IN Growth and Acquisitions | BKC Floors3 We have signed binding agreements to acquire a 264,000 SF front-office property(1) in BKC, Mumbai’s CBD, in a 50-50 partnership with NCW Prime Offices Fund (part of Nuvama group) (1) Three contiguous floors in Godrej BKC building, G-Block, Bandra Kurla Complex, Mumbai. (2) As on June 30, 2026 and including LOIs committed to-date. (3) Property is 89% leased as on date (including LOIs) and is expected to hit 100% committed occupancy by Sep 30, 2026. Any outstanding rent-frees on this lease-up will be to the seller’s account. (4) Based on the market rent from valuation report of Valsight – an IBBI registered valuer. KEY ASSET METRICS (ON 100% BASIS)(2) OPERATING AREA 264,000 SF COMMITTED OCCUPANCY 100%(3) MARKET RENT WALE 6.9 Yrs. LEASED AREA UNDER LOCK-IN 82% ACQUISITION PRICE Rs 17,000 M Rs 420 PSF (14% MTM (4)) IN-PLACE RENT PER MONTH Rs 369 PSF GODREJ BKC (GBKC), MUMBAI Target Asset 9
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BROOKFIELDINDIAREIT.IN Growth and Acquisitions | Opportunities3 High-quality properties owned by our Sponsor Group are approaching stabilization WATERSTONES OFFICE 1.4 MSF GROSS LEASABLE AREA Rs 4,500 M ESTIMATED STABILISED NOI 58 KEYS SERVICED RESIDENCES 3 ACRE MEMBER’S ONLY CLUB WATERSTONES: 9-ACRE MIXED-USE CAMPUS IN MUMBAI’S AIRPORT BUSINESS DISTRICT THE LEELA ARQ CLUB THE LEELA LUXURY RESIDENCES 10 Note: Consistent with past practice, consideration for any acquisition may be financed through internal accruals, additional debt ( in compliance with applicable law), and/or equity proceeds by issuance of new units (qualified institutional placement / preferential issue / rights issue) .
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BROOKFIELDINDIAREIT.IN Growth and Acquisitions | Opportunities3 High-quality properties owned by our Sponsor Group are approaching stabilization 2.0 MSF GROSS LEASABLE AREA 50% PRE-LEASED TOWER 2 Rs 2,000 M FY2028E NOI(1) BLUEGRASS BUSINESS PARK: 6-ACRE DEVELOPMENT WITH BEST-IN-CLASS AMENITIES Note: Consistent with past practice, consideration for any acquisition may be financed through internal accruals, additional debt ( in compliance with applicable law), and/or equity proceeds by issuance of new units (qualified institutional placement / preferential issue / rights issue) . (1) Entity’s income after adjusting 25% landlord share. BLUEGRASS BUSINESS PARK, PUNE 100% COMMITTED OCCUPANCY TOWER 1 TOWER 2 Q3 FY2027 COMPLETION TOWER 1 CONSTRUCTED AND FULLY LEASED 11
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BROOKFIELDINDIAREIT.IN Rs Billion Q1 FY2027 Run Rate Under Contract(1) Lease up Pro-forma (Leased) Occupancy 93% 97.5% 100% Owned Assets (at 100%) 12.0 0.3 1.3(2) 13.6 50% Owned Assets (at 50%) 7.5 0.2 0.3 7.9 Ecoworld (at 87%) 7.6 0.2 1.1(3) 8.9 NOI (REIT's Share) 27.1 0.6 2.7 30.4 Interest Expense / Others (REIT's Share) (8.5) 0.6(4) (1.2)(5) (9.1) NDCF 18.6 1.2 1.5 21.3 Per Unit / Yr 22.4 25.7 Growth and Acquisitions | Organic Growth Steady leasing momentum expected to drive embedded NOI and distribution growth (1) Indicates the impact of leases signed recently which will reflect in the NOI partially in Q1 FY2027 and completely thereafter . (2) Including Baytown, K1 at 72% economic interest. (3) Including Campus 3. (4) Full quarter impact of interest saving due to interim debt reduction from QIP funds. (5) Impact of financing Tranche 2 of Ecoworld acquisition, capex planned for refurbishment of Campus 3 and project cost of Baytow n, K1. 3 Note: The above table does not represent any impact on account of contracted rent growth and mark-to-market. 12
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BROOKFIELDINDIAREIT.IN Business Updates01 DOWNTOWN POWAI (IT/COMMERCIAL), MUMBAI
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BROOKFIELDINDIAREIT.IN (1) Including hard-option of 73 KSF. (2) During the quarter, achieved escalation of 7.6% on 2.8 MSF leased area, including 5.0% annual escalations on 1.6 MSF and 15% 3-year escalations on 1.1 MSF. (3) Brookfield India REIT has 72% economic interest in mixed -use development of 0.6 MSF. (4) Including 0.6 MSF area currently under development. (5) Rationalizing area to 70% efficiency as per market norms. Significantly Complete and Diversified Portfolio Our portfolio has a Committed Occupancy of 93% and a long-dated WALE of 6.7 Yrs. Asset Economic Interest % Operating Area (MSF) Leased Area (MSF)(1) Committed Occ. % (1) WALE (Yrs.) In-place Rent (Rs PSF) (2) Dev. Potential (MSF) Ecoworld 87% 7.1 6.7 94% 6.1 Rs 105 0.1 Downtown Powai 4.5 4.3 96% 5.5 170 - IT / Commercial 50% 2.9 2.7 96% 3.8 188 - SEZ 100% 1.6 1.5 96% 8.6 139 - G2 72% 4.1 3.3 81% 8.1 92 0.1 N2 100% 3.9 3.8 96% 7.7 66 0.8 G1 50% 3.8 3.5 91% 6.2 87 0.1 K1 100%(3) 3.2 3.2 99% 9.0 50 2.7(4) N1 100% 2.0 1.9 94% 7.8 66 0.9 Worldmark, New Delhi 50% 1.5 1.4 96% 5.2 234 - Worldmark, Gurugram 50% 0.8 0.7 95% 5.5 94 - Airtel Center 50% 0.7 0.7 100% 0.8 134 - Pavilion Mall 50% 0.4 0.3 70% 5.2 64 - Sub-Total 31.9 29.7 93% 6.7 Rs 104 4.6 Value Add: Ecoworld Campus 3 (5) 100% 0.7 - - - - - Total 32.6 SEZ Properties 19.9 18.3 92% 7.6 Rs 84 3.7 Processing Area 16.0 15.1 95% 6.9 80 3.2 Non-Processing Area (Converted / Applied) 3.9 3.1 80% 9.8 72 0.6 Non-SEZ Properties 12.0 11.4 95% 5.2 Rs 135 0.9 14
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BROOKFIELDINDIAREIT.IN High-quality Tenant Roster BFSI, 22% Technology Services, 19% Consulting, 13% Technology Products, 9% Retail and F&B, 6% Telecom, 5% Industrials and Logistics, 4% Healthcare, 4% Real Estate and Infrastructure, 2% Others, 17% SECTOR DIVERSIFICATION OF TENANTS(1) TOP 10 TENANTS(1) (1) By gross contracted rentals. (2) Banking, Financial Services and Insurance. (3) Includes managed office solution through CoWrks. (2) Tenant Name Industry % Gross Contracted Rentals % Leased Area Tata Consultancy Services Technology Services 5% 6% Accenture Consulting 5% 6% Bharti Airtel Telecom 3% 2% A Global Financial Institution (3) BFSI 3% 2% Capgemini Technology Services 3% 4% A Global Consulting Firm Consulting 3% 2% Morgan Stanley BFSI 2% 2% Cognizant Technology Services 2% 4% CoWrks Coworking 2% 2% Global Financial Services Firm BFSI 2% 1% Total 30% 31% 15
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BROOKFIELDINDIAREIT.IN 0.3 0.8 1.9 1.4 1.9 0.7 0.6 0.6 0.6 0.9 2.2 2.6 1.4 1.9 8% 19% 25% 33% -200% -150% -100% -50% 0% 50% 0 .0 0 .5 1 .0 1 .5 2 .0 2 .5 3 .0 3 .5 4 .0 Q1 FY27 9M FY27E FY28E FY29E FY30E Achieved Renewals / Re-Leasing Expected Renewals Area Expiring Cumulative Expiry (% of Rentals) Lease Expiry Profile Well staggered lease expiry profile with ~33% of the contracted rentals due for expiry till 2030; secured 1.3 MSF commitments against re-leasing / renewal of future expiries in 9M FY2027 / FY2028 Note: Market rent used for calculation of MTM is basis the March 31, 2026 valuation report. (1) For office areas excluding amenity spaces. (2) Weighted average MTM spread on renewed and expired areas in Q1 FY2027. Rent at expiry (Rs PSF) 80 102 124 126 141 MTM Spread % 9%(2) 12% 9% 18% 10% LEASE EXPIRY SCHEDULE(1) 16
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BROOKFIELDINDIAREIT.IN ESG | Strong Sustainability Focus Continued recognition from global ESG institutions reaffirms our leadership in sustainability Worldmark, New Delhi achieved IGBC Green Existing Building (Operations & Maintenance) Platinum Rating, reinforcing our position as benchmarks for sustainable building operations, resource efficiency, and environmental leadership while driving long term value creation through responsible asset management N1 and N2 received the prestigious EDGE Advanced Certification, while Worldmark Gurugram and Pavilion Mall earned EDGE Certification from the International Finance Corporation (IFC), demonstrating their leadership in sustainable design and continued progress toward higher sustainability standards SUSTAINABILITY LINKED BOND – KEY PERFORMANCE INDICATORS(1) Steady and measurable improvement driven by robust planning, monitoring and execution Renewable Power(2) Water Recycling Rate 45% 52% 57% Q1 FY27 Actual FY28 SPT 1 FY30 SPT 2 (1) SPT 1 and SPT 2 represent approved Sustainability Performance Targets (SPTs) for FY2028 and FY2030, respectively. KPI performance is subject to annual external verification in accordance with applicable SEBI requirements and the Sustainability-Linked Bond framework. (2) Supply of green power at G2 has been temporarily disrupted from March 2026 and is expected to resume by Q2 FY2027. Additionally, renewable power supply is expected to be strengthened through a steady and diversified procurement pipeline comprising PPAs, I-RECs, and power purchases through IEX. 38% 80% 97% Q1 FY27 Actual FY28 SPT 1 FY30 SPT 2 17
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BROOKFIELDINDIAREIT.IN Financial Updates02 CANDOR TECHSPACE K1, KOLKATA
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BROOKFIELDINDIAREIT.IN Property Income 19 Rs Million Q1 FY2027 Q1 FY2026 KEY DRIVERS Operating Lease Rentals (OLR) Rs 7,140 Rs 4,577(1) • Rs 2,563 million (56.0%) YoY increase: - Rs 395 million (8.6%) due to same store new leasing and contractual escalations partly offset by expiries - Rs 2,168 million (47.4%) attributable to Ecoworld (+) CAM / Other Revenue 2,599 1,852(1)(2) • Rs 747 million (40.3%) YoY increase: - Rs 148 million (8.0%) due to increase in occupancy and inflationary impact - Rs 599 million (32.4%) attributable to Ecoworld Revenue from Operations Rs 9,738 Rs 6,428 (-) CAM / Other Direct Expenses (2,173) (1,443)(2) • Rs 730 million YoY (50.6%) increase: - Rs 134 million (9.3%) due to increase in occupancy and inflationary impact - Rs 596 million (41.3%) attributable to Ecoworld Net Operating Income (NOI) Rs 7,566 Rs 4,986 • Rs 2,580 million YoY (51.7%) increase: - Rs 408 million (8.2%) primarily due to increase in OLR and CAM margin on account of improvement in occupancy and inflationary growth - Rs 2,172 million (43.6%) due to acquisition of Ecoworld As on June 30, 2026. Note: The above metrics do not include OLR and NOI of the North Commercial Portfolio. (1) Reclassification of portion out of composite revenue from OLR to CAM Revenue. (2) Reclassification of certain recovery from tenants into CAM Revenue, earlier netted of with CAM Expenses.
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BROOKFIELDINDIAREIT.IN Rs Million Q1 FY2027 Operating Lease Rentals (OLR) Rs 7,140 CAM / Other Revenue 2,599 Revenue from Operations Rs 9,738 CAM / Other Direct Expenses (2,173) Net Operating Income (NOI) Rs 7,566 Property Management Fees (190) Other Income (Net of Other Expense) 110 EBITDA Rs 7,485 Cash Taxes (Net of Refund) (130) Working Capital and Other Ind-AS Adjustments 91 Cashflow from Operations Rs 7,446 Inflow/(Outflow) from Investing Activities(1) 3 Interest on External Debt (Including other borrowing cost amortization) (2,205) NDCF (SPV Level) Rs 5,244 Surplus Cash in SPVs Used For Distribution 144 Partners’ Share(2) (1,045) NDCF (SPV Level) for REIT Rs 4,343 Retained at SPV Level (6) Distribution Received from NCP(3) 433 NDCF Distributed to REIT Rs 4,770 Note: NDCF (SPV Level) does not include the North Commercial Portfolio that has been included in the financial statements sep arately as joint venture. (1) Includes fixed deposit matured and income from investing activities, netted off with fixed deposit created and capex to the e xtent not funded through debt. (2) Includes distribution to GIC and 360One. (3) Share of Brookfield India REIT in the distribution. NDCF | Walkdown Rs Million Q1 FY2027 NDCF Distributed to REIT Rs 4,770 Interest on Shareholder Debt/CCD/NCD 1,770 Dividends 784 Repayment of Shareholder Debt/NCD 2,216 Cash Flows Received from SPVs /Holdco Rs 4,770 Interest on External Debt (Including other borrowing cost amortization) (494) Treasury Income (Net of REIT Expenses) 154 NDCF Generated (REIT Level) Rs 4,430 Utilization of Available Cash 218 NDCF Distributable (REIT Level) Rs 4,647 NDCF per Unit (REIT Level) Rs 5.60 Distribution per Unit (REIT Level) Rs 5.60 20
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BROOKFIELDINDIAREIT.IN 0.6 4.4 9.2 8.8 122.6 - 0.4 0.5 1.3 27.8 FY27 FY28 FY29 FY30 FY31+ Note: As on June 30, 2026 unless otherwise stated. (1) Basis GAV as on March 31, 2026 for Portfolio Assets, 50% of the GAV for the North Commercial Portfolio. Including the liabili ty component of partners’ share of NCDs and CCDs, and shareholder debt from REIT to Rostrum, the consolidated LTV is 27.6%. (2) Bank borrowings (including interest accrued) and NCDs adjusted for processing fees of Rs 0.5 B. (3) 100% of the borrowings of the North Commercial Portfolio. Capital Structure and Liquidity Our portfolio is well capitalized for near term growth and maintains a AAA credit rating GROSS DEBT MATURITY PROFILE (Rs BILLION) 25.9% LTV EXCLUDING SHAREHOLDER INSTRUMENTS(1) 7.3% AVERAGE INTEREST RATE Dual AAA Rating [ICRA]AAA(STABLE) CRISIL AAA/STABLE Rs 30.0 B GROSS DEBT(3) 13 Yrs AVERAGE MATURITY Rs 145.1 B GROSS DEBT(2) 9 Yrs AVERAGE MATURITY 86% 0% 3% 6% 6% % RepaymentNorth Commercial Portfolio AssetsPortfolio Assets 11%89% Fixed Floating GROSS DEBT COMPOSITION 21
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BROOKFIELDINDIAREIT.IN Information Supplement03 WORLDMARK, GURUGRAM
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BROOKFIELDINDIAREIT.IN Brookfield: One of the World’s Largest Real Estate Portfolios With ~$280B in real estate AUM and ~24,000 employees across 50+ countries, Brookfield owns, operates and manages one of the world’s largest, highest quality portfolios ONE EAST, SHANGHAI CANARY WHARF, LONDON ICD BROOKFIELD PLACE, DUBAI BROOKFIELD PLACE, NEW YORK ONE THE ESPLANADE, PERTH BROOKFIELD PLACE, TORONTO 23
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BROOKFIELDINDIAREIT.IN Leasing Q1 FY2027 Tenant Assets Area (SF) Honeywell Ecoworld 120,000 KPMG Global Services N2 76,000 Global Home Appliances Co. G1 74,000 Qualcomm N2 65,000 Mediatek Ecoworld 62,000 Computacenter N2 51,000 New Leasing 709,000 SF Tata Consultancy Services K1 134,000 Accenture N2 89,000 Thermo Fisher Scientific Downtown Powai (IT/Commercial) 41,000 Mott Macdonald Downtown Powai (IT/Commercial) 35,000 Renewals 390,000 SF Total 1,098,000 SF SELECT NEW LEASES / RENEWALS (1) For office areas excluding amenity spaces. 10 Yrs. AVERAGE TERM (1) 0.9 MSF RE-LEASED AREA (1) Rs 100 PSF AVERAGE RENT ON GROSS LEASING (1) 14% RE-LEASING SPREAD (1) 24
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BROOKFIELDINDIAREIT.IN Detailed Lease Expiry Schedule (1) For office areas excluding amenity spaces. Asset/Financial Year Area Expiring (‘000 SF) % of Gross Rentals In-place Rent at Expiry (Rs PSF)(1) 9M 27E 28E 29E 30E 9M 27E 28E 29E 30E 9M 27E 28E 29E 30E Ecoworld 697 311 646 179 12% 5% 10% 3% Rs 106 Rs 110 Rs 98 Rs 114 Downtown Powai 335 613 415 749 17% 30% 19% 30% 166 177 194 192 IT / Commercial 227 395 329 652 10% 15% 13% 23% 181 191 204 196 SEZ 108 218 86 97 7% 15% 6% 7% 140 154 158 168 G2 61 - 13 111 2% - - 4% 99 - 117 110 N2 514 44 130 119 15% - 4% 3% 70 54 76 74 G1 212 226 - 559 6% 7% - 16% 88 99 - 99 K1 169 438 5 4 5% 14% - - 49 53 64 - N1 60 - 102 - 3% - 6% - 60 - 68 - Worldmark, New Delhi 79 145 36 43 7% 11% 3% 4% 224 226 252 257 Worldmark, Gurugram 12 69 37 44 2% 10% 6% 6% - 86 98 92 Airtel Center - 693 - - - 100% - - - 132 - - Pavilion Mall 39 21 27 70 14% 11% 8% 31% - - - - Total 2,178 2,559 1,412 1,878 8% 11% 6% 8% Rs 102 Rs 124 Rs 126 Rs 141 25
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BROOKFIELDINDIAREIT.IN Portfolio Occupancy: Q4 FY2026 to Q1 FY2027 (1) Committed Occupancy includes hard-option of 73 KSF. Excludes Campus 3. (2) Commitments against re-leasing / renewal of future expiries in 9M FY2027 / FY2028. March 31, 2026 June 30, 2026 Asset (KSF) Operating Area Leased Area Committed Occupancy Leasing Expiries Renewed Operating Area Leased Area Committed Occupancy Ecoworld(1) 7,057 6,652 94% 206 (192) 20 7,082 6,687 94% Downtown Powai 4,477 4,264 95% 21 (82) 86 4,480 4,285 96% IT / Commercial 2,858 2,716 95% 21 (82) 86 2,861 2,737 96% SEZ 1,619 1,548 96% - - - 1,619 1,548 96% G2 4,087 3,403 83% 1 (90) - 4,083 3,315 81% N2 3,916 3,662 94% 243 (235) 94 3,937 3,764 96% G1 3,792 3,363 89% 150 (46) 2 3,808 3,468 91% K1 3,202 3,164 99% - (137) 137 3,202 3,164 99% N1 2,023 1,982 98% - (110) 28 2,023 1,900 94% Worldmark, New Delhi 1,455 1,391 96% 52 (59) 8 1,455 1,392 96% Worldmark, Gurugram 751 693 92% 35 (25) 12 751 715 95% Airtel Center 693 693 100% - - - 693 693 100% Pavilion Mall 390 309 79% 1 (39) 2 390 273 70% Total 31,844 29,576 93% 709 (1,016) 390 31,903 29,655 93% FY2027/28 (2) 383 (1,265) 883 26
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BROOKFIELDINDIAREIT.IN Q1 FY2027: New leasing and Renewals (1) For office areas excluding amenity spaces. Asset New Leasing Renewals Gross Leasing Areas (KSF) Area Rent PSF PM (1) Area Rent PSF PM (1) Area Rent PSF PM (1) Ecoworld 206 Rs 112 20 Rs 116 226 Rs 112 Downtown Powai 21 193 86 194 106 194 IT / Commercial 21 193 86 194 106 194 SEZ - - - - - - G2 1 - - 1,157 1 - N2 243 68 94 72 337 68 G1 150 86 2 3,208 152 86 K1 - - 137 54 137 52 N1 - - 28 - 28 - Worldmark, New Delhi 52 237 8 230 60 236 Worldmark, Gurugram 35 97 12 144 48 88 Airtel Center - - - - - - Pavilion Mall 1 193 2 159 3 - Total 709 Rs 99 390 Rs 101 1,098 Rs 100 27
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BROOKFIELDINDIAREIT.IN Property Income | Consolidation Details (Q1 FY2027) (1) The NOI at SPV level is presented without intercompany elimination towards property management fee. (2) Reclassification of certain recovery from tenants into CAM Revenue, earlier netted of with CAM Expenses. (3) Reclassification of portion out of composite revenue from OLR to CAM Revenue. (4) Property management fee earned by CIOP and MIOP gets eliminated with corresponding operating and maintenance expenses at SPV level. Rs Million; OPERATING LEASE RENTALS (OLR) REVENUE FROM OPERATIONS NET OPERATING INCOME(1) Q1 FY2027 Q1 FY2026 Q1 FY2027 Q1 FY2026(2) Q1 FY2027 % OLR Q1 FY2026 % OLR Ecoworld Rs 2,168 - Rs 2,767 - Rs 2,172 100% - - Downtown Powai 2,088 1,910 2,370 2,143 2,015 97% 1,865 98% IT / Commercial 1,548 1,335 1,764 1,513 1,516 98% 1,307 98% SEZ 540 575 606 629 500 93% 558 97% G2 597 557 994 919 613 103% 590 106% N2 643 587 963 986 638 99% 641 109% G1 823 750 1,207 1,055 875 106% 795 106% K1 462 418 804 683 521 113% 442 106% N1 359 356(3) 633 642 400 111% 403 113% CIOP - - 414 263 274 - 201 - MIOP - - 63 55 57 - 48 - Intercompany Eliminations(4) - - (477) (318) - - - - Total (Consolidated) Rs 7,140 Rs 4,577 Rs 9,738 Rs 6,428 Rs 7,566 106% Rs 4,986 109% Portfolio Investments Worldmark, New Delhi Rs 931 Rs 895 Rs 1,066 Rs 1,008 Rs 897 96% Rs 857 96% Worldmark, Gurugram 203 202 248 244 135 67% 199 98% Airtel Center and Pavilion Mall 358 360 710 713 321 90% 302 84% Intercompany Eliminations - - (112) (103) - - North Commercial Portfolio Rs 1,492 Rs 1,457 Rs 1,912 Rs 1,863 Rs 1,354 91% Rs 1,357 93% 28
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BROOKFIELDINDIAREIT.IN Capital Structure and Liquidity (1) As on June 30, 2026. (2) Bank borrowings (including interest accrued) and NCDs adjusted for processing fees of Rs 0.5 B. (3) Excludes liability component of partners’ share of NCDs and CCDs and CCDs held by Brookfield India REIT and interest accrued. (4) Includes 100% debt for the North Commercial Portfolio assets. Our portfolio is well capitalized for near term growth and maintains a AAA credit rating GROSS DEBT SUMMARY (Rs Billion) (1) Borrowings (2) Cost of Debt REIT Shareholder Debt / NCD (3) REIT 27.1 7.2% - Ecoworld 43.4 7.4% 2.6 Downtown Powai (SEZ) - - 12.5 Downtown Powai (IT / Commercial) 26.2 7.3% 1.2 G2+K1 25.8 7.2% 9.8 N2 - - 17.6 G1 18.9 7.3% 4.3 N1 3.7 7.7% 0.6 MIOP - - 0.4 CIOP - - 0.0 Sub-Total 145.1 7.3% 48.8 North Commercial Portfolio (4) 30.0 7.3% 4.0 29
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BROOKFIELDINDIAREIT.IN Holding Structure 87% 100%100% 100% 50% 50%50% Downtown Powai (SEZ), Mumbai Candor TechSpace N1, Sector 62, Noida Candor TechSpace N2, Sector 135, Noida Candor TechSpace G2, Sector 21, Gurugram Candor TechSpace K1, Newtown, Kolkata TRUSTEE Axis Trustee Services Limited MANAGER Brookprop Management Services Private Limited Downtown Powai (IT/Commercial), Mumbai ASSET SPV Festus Properties Private Limited ASSET SPV Shantiniketan Properties Private Limited ASSET SPV Seaview Developers Private Limited ASSET SPV Candor Kolkata One Hi-Tech Structures Private Limited 100% Candor TechSpace G1, Sector 48, Gurugram Holding Company Rostrum Realty Private Limited(2) 100% ASSET SPV Aspen Buildtech Private Limited ASSET SPV Oak Infrastructure Developers Private Limited ASSET SPV Arnon Builders & Developers Private Limited 50% 50% Worldmark, Gurugram 100% 100% Airtel Center (1) Pavilion Mall 100% 100% OPERATIONAL SERVICE PROVIDERS Mountainstar India Office Parks Private Limited Candor India Office Parks Private Limited ASSET SPV Kairos Properties Private Limited ASSET SPV Candor Gurgaon One Realty Projects Private Limited Worldmark, New Delhi 100% Ecoworld, Bengaluru ASSET SPV Arliga Ecoworld Business Parks Private Limited 50% (1) Held by Brookfield Group. (2) Two of the portfolio assets Airtel Center & Pavilion Mall are held by Rostrum Realty Private Limited. 13% Brookfield India REIT GIC North Commercial Portfolio Holding Entity 360One 30
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BROOKFIELDINDIAREIT.IN Research Coverage RESEARCH HOUSE ANALYST EMAIL ID Ambit Karan Khanna Karan.Khanna@ambit.co Avendus Girish Choudhary Girish.C@avendusspark.com Axis Capital Pritesh Sheth Pritesh.Sheth@axiscap.in 360One Capital Deep Shah Deep.Shah@bksec.com BOB Capital Markets Yashas Gilganchi Yashas.Gilganchi@bobcaps.in BofA Securities Kunal Tayal Kunal.Tayal@bofa.com CLSA Kunal Lakhan Kunal.Lakhan@clsa.com HSBC Bank Puneet Gulati PuneetGulati@hsbc.co.in ICICI Securities Adhidev Chattopadhyay Adhidev.Chattopadhyay@icicisecurities.com IIFL Mohit Agarwal Mohit.Agrawal@iiflcap.com Investec Anuj Upadhyay Anuj.Upadhyay@investec.com JM Financial Sumit Kumar Sumit.Kumar@jmfl.com Kotak Institutional Equities Murtuza Arsiwalla Murtuza.Arsiwalla@kotak.com Morgan Stanley Monica Dasoju Monica.Sharma@morganstanley.com Nuvama Parvez Qazi Parvez.Qazi@nuvama.com 31
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BROOKFIELDINDIAREIT.IN AEIPL Arliga Ecoworld Infrastructure Private Limited Bharti Group Bharti Enterprises Limited and its affiliates BIRET / Brookfield India REIT Brookfield India Real Estate Trust Brookfield Group / Sponsor Group Brookfield Corporation and its affiliates CAM Common Area Maintenance CGORPPL Candor Gurgaon One Realty Projects Private Limited CIOP Candor India Office Parks Private Limited Combined Portfolio Includes Portfolio Assets and North Commercial Portfolio Committed Occupancy Downtown Powai Comprises IT / Commercial (9 buildings) and SEZ (Kensington) portfolio spread across a 250- acre integrated township in Powai EAI Equity Accounted Investment Ecoworld High quality office park spread across 15 buildings / 48 acre located in ORR, Bengaluru Effective Economic Occupancy Financial Year Pertains to the period from April 1 of the previous year to March 31 of the stated year, e.g., 2027 is the period from April 1, 2026 to March 31, 2027 G1 Candor TechSpace G1 (Candor TechSpace, Sector 48, Gurugram) G2 Candor TechSpace G2 (Candor TechSpace, Sector 21, Gurugram) GCC Global capability centers of large MNCs strategically integrated with their global operations GIC GIC, a global institutional investor Gross Asset Value / Asset Value The market value as determined by the Valuer as of March 31, 2026 In-Place Rent Monthly rental income (per square foot) contracted from leased area, including car park income. It does not include fit-out income, CAM income, and others K1 Candor TechSpace K1 (Candor TechSpace, New Town, Kolkata) Glossary (Occupied Area + Completed Area under Letters of Intent) Completed Area In % Sum of Leased Areas and any eligible areas under any income support arrangement (excluding Leased Areas) Operating Area In % 32
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BROOKFIELDINDIAREIT.IN Glossary (Cont’d) Kairos Kairos Properties Private Limited Kensington Kensington, Powai Mark-to-market (MTM) Headroom / Spread Refers to the potential change in base rent between new leases signed at market rates and leases expiring at in-place rents, reflected as a % change LTM Last Twelve Months MIOP Mountainstar India Office Parks Private Limited N1 Candor TechSpace N1 (Candor TechSpace, Sector 62, Noida) N2 Candor TechSpace N2 (Candor TechSpace, Sector 135, Noida) NCD/CCD Non-convertible debenture / Compulsory convertible debenture NDCF Net distributable cash flows (non-GAAP measure). Please refer to pg. 285-287 of the Offer Document for calculation methodology Net Operating Income (NOI) Net Operating Income calculated by subtracting Direct Operating Expenses from Revenue from Operations North Commercial Portfolio (NCP) Portfolio of assets comprising 3.3 MSF acquired from the Bharti Group NPA Non-Processing Area NTM Next Twelve Months Operating Area Completed area for the assets SPVs Operating Lease Rentals (OLR) Revenue from leasing of premises including warm shell rent, fit-out rent and car parking income Portfolio Assets Assets whose operations are controlled by BIRET (G1, G2, N1, N2, K1 and Downtown Powai) PSF Rent Rent per square foot including car park income QIP Qualified Institutional Placement Reco entities Affiliates of GIC SDPL Seaview Developers Private Limited YTD Year to date WALE Weighted Average Lease Expiry based on area. Calculated assuming tenants exercise all their renewal options post expiry of their initial lock-in period 33