Frasers Property Diversified Growth

I&L portfolio in Vietnam gains momentum Focused on execution and operational excellence Industrial portfolio making good progress Completed acquisition of ~44.6ha of industrial land (out of 77.6ha secured) in northern Vietnam. Broke ground in September 2023 for first phase comprising ~35,000 sqm international grade I&L facilities; construction expected to complete by 2Q 2024 Binh Duong Industrial Park ("BDIP") ready-built factory ("RBF") Phase 1 of 40,000 sqm achieved 100% committed occupancy Construction of RBF Phase 2 of 64,000 sqm expected to complete by 1Q 2024 MOU with SP Group signed in August 2023 to jointly develop and implement integrated smart energy solutions at BDIP Commercial portfolio remains stable with overall positive rental reversions Worc@Q2 serviced office tower occupancy stable at 83.2% • Worc@Q2 received LEED4 Gold certification in July 2023 in recognition of the property's strong sustainable and healthy building practices Melinh Point occupancy remained high at over 90% Macro Drivers and Industry Trends In 9M 2023, GDP, CPI and core inflation recorded Y-o-Y increase of 4.2%, 3.2% and 4.5%, respectively. With trade surplus estimated to be at US$21.7 billion. Vietnam is expected to continue to be one of the fastest-growing emerging markets in the Asian region5 In 3Q 2023, strong supply in HCM office market resulted in softening office occupancies, however rent levels still rose by 7% Y-o-Y6 Due to strong market conditions, the industrial market continues to be dynamic and competitive, with rents expected to continue growing? Industrial Portfolio Metrics S$0.2 b AUM1 AOR² WALE³ Commercial Portfolio Metrics S$0.1 b AOR² AUM1 WALE3 8.9 years 9.1 years 9.4 years 30 Sep 23 100% 30 Jun 23 82.4% 31 Mar 23 68.4% 31 Dec 22 68.4% 30 Sep 22 68.4% 9.7 years 30 Sep 23 89.9% 1.6 years 8.6 years 30 Jun 23 89.9% 1.5 years 31 Mar 23 90.7% 1.8 years 1.8 years 31 Dec 22 89.0% 30 Sep 22 87.2% 1.9 years 1. Comprises property assets in Vietnam in which the Group has an interest. 2. Committed occupancy by NLA. 3. By revenue. 4. Leadership in Energy and Environmental Design. 5. vietnamnet.vn/en/vietnam-s-gdp-grows-by-5-33-in-q3-2023- 2195800.html. 6. savills.com.vn/services/research/vietnam-quarterly-market-report-qmr-q3-2023.aspx?source=website #contact-box. 7. cushmanwakefield.com/en/vietnam/insights/industrial-marketbeat. We are Frasers Property 40 57

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