Frasers Property Diversified Growth

Singapore PBIT improved due to better performance Segment FY23 FY22 Change Retail S$377.4 m S$300.6 m ▲ 25.5% REIT S$286.7 m S$245.8 m - Non-REIT S$46.0 m S$19.5 m ▲ 16.6% ▲ 135.9% Fee income S$44.7 m S$35.3 m ▲ 26.6% Commercial S$50.7 m S$110.2 m ▼ 54.0% . Non-REIT S$41.4 m S$99.1 m ▼ 58.2% - Fee income S$9.3 m S$11.1 m ▼ 16.2% Development & projects S$135.3 m S$131.8 m ▲ 2.7% Corporate & others (S$13.1 m) TOTAL S$550.3 m (S$6.2 m) S$536.4 m ▲ 111.3% ▲ 2.6% We are Frasers Property Remarks • Better performance from FCT backed by higher NPI Maiden contribution of share of results and fair value gain from NEX Higher fee income mainly due to one-off acquisition fees for NEX and FCT's additional 10% stake WWP • • . Lower contribution due to share of lower fair value gain of Frasers Tower Absence of fees and one-off divestment fees in respect of Cross Street Exchange, which was divested in FY22 Higher contribution from higher selling prices achieved and cumulative higher percentage of completion for Rivière, which attained TOP on 17 January 2023, and maiden contribution from Sky Eden@Bedok FY23 and FY22 included reversal of prior year project provision 37

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