Fibra UNO (FUNO 11) Status update summary

Internalization transaction overview

• Internalization aligns minority shareholders' interests with the controlling group by acquiring the advisor using real estate assets, not equity or cash, to avoid dilution and increased leverage, with assets transferred at 1x NAV.

• The process integrates advisory services within the REIT structure, eliminating external management and streamlining operations.

Payment structure and asset allocation

• Payment for the advisor is made with office, retail, and hotel assets valued at MXN 12,358.7 million gross and MXN 10,467.9 million net, with a blended cap rate of 7.3%.

• Asset allocation for payment: 60% office, 34% retail, and 6% hotel sector properties.

• Major properties involved include Samara, Midtown Jalisco, and Montes Urales 620, totaling 259,936 sqm GLA.

Financial impact and savings

• Annualized advisor fees of MXN 1.466 billion will be eliminated post-internalization.

• Total annual savings from internalization are estimated at MXN 1,685.1 million, including reduced advisor fees and rent collection savings.

• Net accretion from the transaction is projected at MXN 422.9 million after accounting for lost NOI and SG&A.

• Interest savings from transferring Samara's MXN 1.9 billion debt (at 11.5% cost) total MXN 219.1 million annually.