Manulife US REIT - Annual Report 2025

Total Trading Volume in FY2025 1,119.9 m units Number of Units in Issue as at 31 December 2025 1,776.6 m units Market Capitalisation as at 31 December 2025 US$126.1 m Open (2 January 2025) US$0.089 Close (31 December 2025) US$0.071 Average Daily Trading Volume in FY2025 4.5 m units Low (9 April 2025) US$0.053 High (22 January 2025) US$0.102 Jan Mar May Jul Feb Apr Jun Aug Sep Oct Nov Dec -40% 40% 0% 20% -20% 22.7% 11.3% FTSE ST REIT Index MUST Straits Times Index -20.2% Monthly Trading Performance in 2025 Jan Mar May Jul Feb Apr Jun Aug Sep Oct Nov Dec 180 160 140 120 100 80 60 40 20 0.10 0.08 0.06 0.04 0.02 0 Unit price (US$) Total trading volume (million units) 89.8 0.095 121.4 46.6 0.063 91.0 0.068 71.7 0.073 Total Trading Volume Unit Price at the end of each month 119.9 153.9 60.9 51.1 50.1 139.5 0.066 0.076 0.076 0.072 0.076 0.071 MUST FTSE ST REIT Index Straits Times Index Relative Price Performance in 2025 (%) 124.1 0.063 0.072 Unit Price Performance / 7 / MANULIFE US REIT

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