Frasers Property Diversified Growth

Hospitality portfolio metrics 1 Continued recovery in most markets across all operating metrics Asia Pacific AOR FY23 FY22 Change 77.2% 60.0% ▲ 17.2 pp ADR S$227.5 S$182.5 ▲ 24.7% RevPAR S$175.7 S$109.5 ▲ 60.5% EU & UK FY23 FY22 Change AOR 77.8% 70.9% ▲ 6.9 pp ADR S$237.4 S$243.7 ▼ 2.6% RevPAR S$184.7 S$172.7 ▲ 6.9% 1. Reflects portfolio metrics of assets in which the Group has an interest, including properties owned through FHT. Strong demand reflected across all segments of business as countries in this region move toward an endemic situation Healthy demand from both leisure and corporate fronts that mainly benefited properties in Singapore, Australia, Japan, and Malaysia Excluding the divestment of Sofitel Sydney Wentworth in April 2022, Fraser Place Melbourne in August 2023, and the acquisition of the Premium Rental Apartment in Japan in May 2023, RevPAR improved 57% Demand continued to recover for most properties in the region as travel resumed globally ADR improved in local currencies but declined in reporting currency due to the appreciation of the Singapore dollar against local currencies. RevPAR improved on the back of strong demand Continued headwinds in the region due to the ongoing war in Ukraine, manpower challenges, higher energy costs and inflationary pressures 49

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