Frasers Property Diversified Growth

Active steps taken to strengthen Australia investment portfolio Ongoing repositioning of commercial assets and stabilisation of retail assets Asset repositioning and active leasing efforts strengthening commercial portfolio • Acquisition of two buildings at Rhodes Corporate Park ("RCP") in November 2022 • • Repositioning of RCP assets continues, enhancing competitiveness Weaker office portfolio metrics reflect the strategic Lee Street tenancy relocation required for the upcoming redevelopment of Central Place Sydney ("CPS") Development application approval received from City of Sydney for CPS redevelopment Stabilisation of newly completed retail assets . Positive operating trends continue with improved trading conditions, although cost of living pressures are expected to have an ongoing impact on retail turnover Improved AOR Y-o-Y reflects successful leasing efforts on the back of better operating environment and the completion of Eastern Creek Quarter Stage 2 (ECQ XL), NSW, in June 2022 Steady progress for ongoing development project • Build-to-Rent ("BTR"): Development of 366 apartments at Brunswick & Co., Fortitude Valley as part of QLD Government's BTR pilot; target to complete in 2Q FY25 Macro Drivers and Industry Trends Macroeconomic conditions remain broadly supportive, driven by low unemployment and GDP growth6. Ongoing recovery of office occupancy in post- pandemic environment with increase in enquiries and more certainty in how businesses are planning for future requirements Retail turnover reflects modest increases despite cost-of-living pressures • Office Portfolio Metrics 1 S$1.6 b AUM² AOR³ WALE4 Retail Portfolio Metrics 1 S$0.4 b AOR³ AUM² WALE4 30 Sep 23 54.7% 30 Jun 23 55.2% 31 Mar 23 57.7% 2.0 years 30 Sep 23 96.0% 6.4 years 2.0 years 2.1 years 30 Jun 23 95.9% 6.5 years 31 Mar 23 96.2% 6.8 years 31 Dec 22 57.4% 2.4 years 31 Dec 22 96.5% 7.0 years 30 Sep 22 55.5% 2.2 years 30 Sep 22 93.7% 7.1 years 1. Reflects portfolio metrics of AUM, excluding assets held by FLCT. 2. Comprises office and retail property assets in Australia in which the Group has an interest, including assets held by FLCT, as at 30 September 2023. 3. Committed occupancy as at period end by NLA. 4. By Income as at period end. 5. abs.gov.au/statistics/labour/employment-and-unemployment/labour-force-australia/latest-release#unemployment. 6.abs.gov.au/statistics/economy/national- accounts/australian-national-accounts-national-income-expenditure-and-product/latest-release. 7.abs.gov.au/media-centre/media-releases/retail-turnover-02-cent. We are Frasers Property 40 40

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