Conditions

Please read this page before proceeding, as it explains certain restrictions imposed by law on the distribution of this information and the countries in which our products are authorized for sale. It is your responsibility to be aware of and to observe all applicable laws and regulations of any relevant jurisdiction.

1. Description of Website

Access to and use of the www.zdrinvestments.sg website (the “Site”) and the materials found on it (the “Content”), including the investment products referred to on it (the “Investment Products”) are subject to the following terms and conditions (these “Terms”). By clicking the confirmation at the bottom of these Terms, you signify that you have read, understood and accepted these Terms.

Unless otherwise indicated, the Content is made available by ZDR Investments SG VCC and its subfund ZDR SG Sub-fund (ZDR VCC).

This Site offers information about ZDR VCC and their affiliates and the approach to developing and providing investment products, the products themselves, performance and investment opportunities. Information about our company as well as relevant press releases and articles may also be available on the Site.

ZDR VCC may update, revise, delete or modify information on this Site without notice. Information should only be considered current as of the time of initial publication on this Site or as otherwise stated on this Site without regard to the date on which you may access the information.

3. Restricted Access

This Site, the Content and the Investment Products are not directed at or intended for distribution to any person (or entity) who is a citizen or resident of (or located or established in) any jurisdiction where the use of the Site (or the purchase or sale of the Investment Products) would be contrary to applicable law or regulation or would subject ZDR VCC to any registration or licensing requirement in such jurisdiction. Persons who wish to access this Site are required by ZDR VCC to inform themselves about and to observe any legal or regulatory restrictions which may affect their eligibility to access the Site or to subscribe for interests in the Investment Products. Professional advice should be sought from a financial or other professional adviser regarding the suitability of the product.

Only “Accredited Investors” as defined in our Fund’s relevant offering materials may subscribe for or hold Participating Shares in the Euro Asia Investment Products. “Accredited Investors” must also meet the requirements as defined in the Securities and Futures Act (Chapter 289) of Singapore. Before investing in the Fund, potential investors are requested to refer to relevant offering materials to determine if they satisfy the requirements of an Accredited Investor.

4. No Offer

The Content is provided for information purposes only and does not constitute a solicitation or offer, or advice or recommendation, to buy or sell interests in any Investment Products, to effect any transactions, or to conclude any transaction of any kind whatsoever.

None of the information presented is intended to form the basis for any offer or recommendation, or have any regard to the investment objectives, financial situation or needs of any specific person. No reliance may be placed for any purpose on the information provided in this presentation or the accuracy or completeness thereof and no responsibility can be accepted by ZDR VCC and/or any of its affiliated entities to anyone for any action taken on the basis of such information.

Potential investors should read the terms and conditions in the relevant offering materials carefully before any investment decision. Please note that certain investment products can only be redeemed on a monthly or quarterly basis with initial lockup periods enforced. Investors redeeming before a specified date may be subjected to a redemption fee.

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Your use of the services on this Site may be monitored by ZDR VCC, and the resultant information may be used by ZDR VCC or its affiliates for its internal business purposes or in accordance with the rules of any applicable regulatory or self-regulatory organization.

6. No Commercial Exploitation

Except as stated in this section 6, the copyright and other intellectual property rights in the Content are owned by ZDR VCC. Any use of the Content for any purpose is accordingly prohibited except as stated below. With the exception of Content supplied on the Site in a format for you to download – “*.PDF”, you may not reproduce, transmit, modify, store, archive or in any other way use for any public or commercial purpose this Site or any of the Content without the prior written permission of ZDR VCC. In particular, neither you nor any third party acting on your behalf or at your instigation may:

Redistribute to any other person any of the Content (whether as part of any library, archive or similar service or otherwise);

Remove the copyright or trade mark notice from any copies of Content;

Create a database in electronic or structured manual form by systematically downloading and storing all or any of the Content.

7. Responsibilities of User

You are responsible for any use of the Site made by you.

You undertake to use your best endeavors to use the Site in accordance with applicable law and regulation and to ensure that nothing you do whilst accessing the Site will damage the Site.

8. No Warranties and Exclusion of Liability

Whilst ZDR VCC shall use reasonable efforts to obtain information from sources which we believe to be reliable, ZDR VCC gives no warranty as to the accuracy, completeness or reliability of any information, opinions or forecasts contained on the Site, nor does it undertake to ensure that this Site will be available or accessible at all times.

ZDR VCC shall have no liability (whether in contract, tort or otherwise) for any direct, indirect, consequential or special losses or damages of any kind whatsoever arising from or in connection with the access to, use of or linking to other websites (“Linked Websites”) from this Site or any reliance on any of the Content.

ZDR VCC is not responsible for the content of any Linked Websites and accordingly accepts no liability with respect thereto or for any reliance placed upon such Linked Websites.

ZDR VCC is not liable for persons or matters beyond its reasonable control (such as telephone and other communications networks, the internet or your internet service provider).

These exclusions of liability do not apply to the extent that such exclusions are invalid or ineffective under any law or regulation applicable to ZDR VCC.

9. Investment Performance

Potential investors should note that investments can involve significant risks and the value of an investment may go down as well as up. The Investment Products on this Site typically use alternative investment strategies and may invest in derivatives of any kind. The prices of futures, options and other instruments in which the products may invest may fall in value as rapidly as they may rise and it may not be possible to liquidate the positions in the relevant markets before a loss is sustained. No assurance can be given that the investment objective of any Investment Product will be achieved or that substantial losses will not be suffered. There is no guarantee of trading performance and past or projected performance is not necessarily a guide to future results. Movements in exchange rates between currencies may affect the value of an investment.

10. No Reliance

Nothing contained on this Site constitutes investment, legal, tax or other advice or a recommendation to purchase or sell any investment. You should not rely on any of the Content in making an investment or other decision but should obtain relevant and specific professional advice and read the terms and conditions contained in the relevant offering prospectus carefully before any investment decision is made.

11. Material Interests

Any one of ZDR VCC or its affiliates or their directors, officers, employees, agents or representatives may have or have had an interest or holding, relationship or other arrangement with the Investment Products which may be material.

You should be aware that any rules and/or regulations applicable to the provision of financial services (and the resultant investor protection benefits that may be available), may not be applicable to interfacing conducted through the internet medium and its various applications, of which this material forms part.

12. Miscellaneous

You should be aware that your dealings with any ZDR VCC’s entities are not covered by the rules and/or regulations made for the protection of investors in your country of legal residence, including any compensation arrangements, complaints process or rights of cancellation under the rules of the Financial Services Authority of your country. Similar protections may be available under the rules and regulations applicable in the jurisdiction in which business is conducted but you must make your own investigation of such matters.

You should be aware that any rules and/or regulations applicable to the provision of financial services (and the resultant investor protection benefits that may be available), may not be applicable to interfacing conducted through the internet medium and its various applications, of which this material forms part.

13. How to proceed to the Site

You will only be eligible to access this web site if you can confirm that each of the statements set out below is true and accurate.

Confirmations:

To the best of my knowledge, after due inquiry, I am permitted by the laws of my jurisdiction of residence to access this site and the information contained therein; and

I have read and understood the terms and conditions of use and confirm to be bound by them.

ZDR

New Phase Opens at Prevalje Retail Park

Date: December 19, 2025

ZDR Investments has completed the expansion of its retail park in Prevalje, Slovenia, further strengthening the long-term income profile of the asset within the ZDR Master Fund portfolio. The newly delivered phase adds close to 1,000 m² of additional lettable space and enhances the retail offering with three well-established tenants.

The Prevalje project forms part of a broader acquisition completed in northern Slovenia, near the Austrian border, which marked ZDR Investments’ entry into its sixth European market. These assets were acquired with a clearly defined value-creation strategy, combining stable cash flow generation with selective development and sustainability upgrades.

As part of this strategy, a 300 kWp rooftop photovoltaic power plant was commissioned at the Slovenj Gradec retail park in 2025. The installation supports lower operating costs, improves energy efficiency, and contributes to the overall environmental performance of the asset.

New phase of the Prevalje retail park

The December opening of the new phase in Prevalje represents the next step in this active asset management approach. The expansion delivers 939 m² of new retail space, allowing the tenant mix to be broadened with recognised brands while responding to the everyday needs of the local catchment area.

Prevalje Retail Park – New Phase Highlights

  • Additional lettable area: 939 m²
  • Tenants: Sinsay, Vitapur, LOTUS café
  • WALE: 5 years

The Prevalje expansion illustrates ZDR Investments’ disciplined investment philosophy: acquiring resilient retail assets in strong regional locations and enhancing their long-term value through targeted development, tenant optimisation, and sustainability initiatives.

Singapore-based accredited investors may access the European retail portfolio of the ZDR Master Fund through the Singapore-domiciled ZDR Investments SG VCC feeder fund. The feeder structure provides exposure to a diversified portfolio of income-generating retail assets across multiple European markets, with the option to invest via Growth or Dividend share classes.

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