Fibra Uno Announces 4Q23 and FY2023 Results

FIBRA UNO CLOSES 2023 WITH A TOTAL PORTFOLIO OCCUPANCY LEVEL OF 95.0%

Mexico City, February 26^th, 2024 – Fibra Uno (BMV: FUNO11) (“FUNO” o “Fideicomiso Fibra Uno”), the first and largest Real Estate Investment Trust in Mexico and Latin America announces its results for the fourth quarter and full year 2023.

4Q23 Highlights

Fourth Quarter 2023 Highlights

• Total revenues increased 5.2% QoQ to Ps. 6,783.0 million, despite Peso-Dollar exchange rate appreciation and its effect on USD revenues.

• NOI increased 1.6% QoQ to Ps. 5,111.2 million, as the NOI margin over rental revenues reached 83.6%.

• Distribution per CBFI(1) was Ps. 0.7028, on a quarterly FFO payout of 116% corresponding to the fiscal result.

• Consolidated portfolio occupancy closed at 95.0%, with a 100 basis-point increase QoQ.

• The office segment’s occupancy grew 200 bps QoQ closing at 81.7%.

• 1,680 basis-point increase in MXP-denominated contract renewals in the industrial segment, 660 bps in the retail segment, 500 bps in the “Others” segment, and 180 bps in the office segment.

• 1,000 basis-point increase in USD-denominated contract renewals in the retail segment, and 480 bps in the industrial segment

Compared to Fourth Quarter 2022 Highlights

• Total revenues increased 8.8% YoY, despite property sales and FX appreciation.

• NOI per CBFI⁽²⁾ increased 4.1% YoY.

• Total portfolio occupancy rate increased 130 bps YoY.

• Office segment’s occupancy rate increased 490 bps YoY, reaching 81.7%.

• 76 thousand sqm increase in GLA (Gross Leasable Area).

(1) Calculated with estimated CFBIs at distribution day.

(2) Calculated with the average CBFIs of the period.

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