FY22 Financial Highlights

Resilient residential business in Australia Current environment remains broadly supportive of real estate development, despite variable macroeconomic drivers • Strategic land banking to support development pipeline • • • Solid residential sales performance Macro Drivers and Industry Trends Acquired a -2.5 million sqm site in New Beith, QLD in December 2021, with ~2,150 lots¹ Australian unemployment rate was 3.5% for September 2022 and the GDP5 rose 0.9% in the quarter ended June 2022 Reserve Bank of Australia's cash rate increased to 2.85% on 1 November 2022. Interest rates expected to increase further over the period ahead6 Largest sales contributors include Five Farms, VIC (221 units), The Grove, VIC (219 units), Mambourin, VIC (215 units), Brookhaven, QLD (185 units), Berwick Waters, VIC (141 units), Ed.Square, NSW (106 units), and Wallara Waters JV, VIC (95 units) Continued active management of sales and settlements amid rising interest rate and higher inflationary environment Residential Portfolio Activity in FY22 $ Tight labour market in Australia to drive wage growth and support consumption in 2022, albeit rising interest rates may dampen momentum7 1,377 ~1,500 Units settled² Units released for sale² 1,593 S$1.2 b Units sold² Unrecognised revenue³ 2,519 contracts on hand as at 30 September 2022 The Grove, VIC, Australia NB. All references to units include apartments, houses and land lots. 1. Settlement for New Beith occurred on 4 October 2022. 2. Includes 100% of joint arrangements - JOS and JVS - and PDAs. 3. Includes the Group's effective interest of JOS, JVs and PDAs. 4. abs.gov.au/statistics/labour/employment-and-unemployment/labour-force-australia/latest-release. 5. abs.gov.au/statistics/economy/national-accounts/australian-national-accounts-national-income-expenditure-and-product/latest- release#key-statistics. 6..rba.gov.au/media-releases/2022/mr-22-36.html. 7. jll.com.au/en/trends-and-insights/research/asia-pacific-residential-digest-2q-2022 We are Frasers Property 33 33

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