United Hampshire US REIT - Annual Report 2025

Driving Growth Through Strategic Portfolio Management The Manager adopts a proactive portfolio management approach to position UHREIT for sustainable future growth. This includes strategic capital recycling, targeted new developments, and asset enhancement initiatives. As part of our capital recycling strategy, UHREIT completed the DPU-accretive acquisition of Dover Marketplace in Pennsylvania during the financial year and announced the proposed development of a new 5,000 sq ft store on excess land at St. Lucie West, which has been pre-leased to Florida Blue on a 10-year lease. Subsequent to the financial year end, UHREIT also completed the DPU-accretive acquisition of Wallingford Fair Shopping Center, marking our inaugural entry into Connecticut. DPU-accretive Acquisition of Dover Marketplace in August 2025 at 4.8% Below Valuation Divested Albany-Supermarket in January 2025 at 4.2% Above Purchase Price DPU-accretive Acquisition of Wallingford Fair Shopping Center in January 2026 at 8.2% Below Valuation Portfolio Valuation Increased 3.8%1 From 31 December 2024 1 On a like-for-like basis, excluding properties acquired and divested during the year. 07 ANNUAL REPORT 2025

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