Independent auditor's report

To: the Fund manager of Amvest Residential Core Fund

KPI’s for the purpose of non-financial data in the annual report

* In 2021 a new measurement method for the KPI is used. In this new method, the amount of consumed energy is divided by the actual square meters of a building covered by the consumption data, instead of by the square meters of the total building.

KPIs for the purpose of non-financial data in the annual report

External appraisers and property managers

CBRE Valuation & Advisory Services

External appraisers and property managers

CBRE Valuation & Advisory Services