#1Home Consortium ASX RELEASE 24 September 2020 UPDATE ON DAILY NEEDS REIT PRESENTATION Home Consortium provides the attached Update on Daily Needs REIT Presentation. For further information please contact: INVESTORS Will McMicking CFO +61 451 634 991 [email protected] MEDIA John Frey GRACosway +61 411 361 361 [email protected] -ENDS- Authorised for release by the Home Consortium Board Tom Kohlen Investor Relations Executive +61 419 953 526 [email protected] About HomeCo HomeCo is an internally managed Australian property group focused on ownership, development and management. HomeCo is built on a platform of big brands and hyper-convenience, with each centre anchored by leading brands backed by some of Australia's most successful property development and retail organisations including predominantly national retailers spanning daily needs, leisure and lifestyle and services enterprises. 19 Bay Street Double Bay NSW 2028 1300 466 326 [email protected] Home Consortium Limited ABN 94 138 990 593 (trading as Home Consortium) home-co.com.au Home Consortium Developments Limited ACN 635 859 700#2Home Co. Update On Daily Needs REIT September 2020#3Home Co. Important Notices NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES This presentation (Presentation) has been prepared by Home Consortium (a stapled entity comprised of Home Consortium Limited (ACN 138 990 593) and Home Consortium Developments Limited (ACN 635 859 700)) (HomeCo). The issuer of the units in the HomeCo Daily Needs REIT (DN REIT) (which has not yet been registered as a managed investment scheme for the purposes of the Corporations Act 2001 (Cth) (Corporations Act)) (Units) will be HMC Funds Management Limited (ACN 105 078 635, a wholly owned subsidiary of Home Consortium Developments Limited) in its capacity as the responsible entity of the DN REIT (RE). A product disclosure statement under Part 7.9 of the Corporations Act (PDS) will be made available by Home Consortium Limited, Home Consortium Developments Limited and the RE when the Units become available for issue and distribution. The PDS is expected to be made available in October 2020 at www.asx.com.au. Investors should consider the PDS in deciding whether or not to acquire, or continue to hold, the Units. Summary information This Presentation contains summary information about the current activities of HomeCo and its subsidiaries as at the date of this Presentation. The information in this Presentation is of a general nature and does not purport to be complete. This Presentation does not purport to contain all the information that an investor should consider when making an investment decision nor does it contain all the information which would be required in a disclosure document or prospectus prepared in accordance with the requirements of the Corporations Act. This Presentation is subject to change without notice and HomeCo may in its absolute discretion, but without being under any obligation to do so, update or supplement the information in this Presentation. Certain market and industry data used in connection with this Presentation may have been obtained from research, surveys or studies conducted by third parties, including industry or general publications. Neither HomeCo nor its representatives have independently verified any such market or industry data provided by third parties or industry or general publications. The information in this presentation should be read in conjunction with HomeCo's other periodic and continuous disclosure announcements lodged with the Australian Securities Exchange, which are available at www.asx.com.au. To the maximum extent permitted by law, HomeCo and its subsidiaries, and their respective affiliates, related bodies corporates, officers, employees, partners, agents and advisers make no representation or warranty (express or implied) as to the currency, accuracy, reliability, reasonableness or completeness of the information in this Presentation and disclaim all responsibility and liability for the information (including without limitation, liability for negligence). Not an offer or recommendation This Presentation is for information purposes only and is not a prospectus, disclosure document, product disclosure statement or other offering document under Australian law or any other law (and will not be lodged with the ASIC). This Presentation is not and should not be considered an offer or an invitation or solicitation to subscribe for or acquire securities or any other financial products, including in the United States. This Presentation may not be distributed to, or relied upon by, persons in the United States. No offer of Units has been, and will not be, registered under the U.S. Securities Act of 1933, as amended (US Securities Act) or the securities laws of any state or other jurisdiction in the United States. Accordingly, no Units may be offered or sold, directly or indirectly, to persons in the United States except pursuant to an exemption from, or in transactions not subject to, registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. Not financial product advice This Presentation does not constitute financial product or investment advice (nor tax, accounting or legal advice) nor is it a recommendation to subscribe for or acquire financial products or securities and does not and will not form any part of any contract for the subscription or acquisition of financial products or securities. This Presentation has been prepared without taking into account the specific objectives, financial situation or needs of individual investors. Before making an investment decision, prospective investors should consider the appropriateness of the information having regard to their own objectives, financial situation and needs and seek appropriate advice, including financial, legal and taxation advice appropriate to their jurisdiction and circumstances. HomeCo is not licensed to provide financial product advice in respect of its securities. Financial Information All dollar values are in Australian dollars (A$). The financial information contained in this Presentation is unaudited unless otherwise stated. Recipients are cautioned therefore to not place any reliance on the financial information. 1#4Home Co. Important Notices (continued) Past Performance Past performance information given in this Presentation is given for illustrative purposes only and should not be relied upon as (and is not) an indication of future performance or reasonableness of any forward looking statements, forecast financial information or other forecast. Actual results could differ materially from those referred to in the Presentation. Forward Looking Statements This Presentation contains certain "forward looking statements". Forward looking statements can generally be identified by the use of forward looking words such as, "expect", "anticipate", "likely", "intend", "should", "could", "may", "predict", "plan", "propose", "will", "believe", "forecast", "estimate", "target" "outlook", "guidance", "continue" and other similar expressions and include, but are not limited to, indications of, or guidance or outlook on, future earnings or financial position or performance of HomeCo, the outcome and effects of the Offer, and the use of proceeds from the Offer. The forward looking statements contained in this Presentation are not guarantees or predictions of future performance and involve known and unknown risks and uncertainties and other factors, many of which are beyond the control of HomeCo, and may involve significant elements of subjective judgement and assumptions as to future events which may or may not be correct. Neither HMC, nor any other person, gives any representation, assurance or guarantee that the occurrence of the events expressed or implied in any forward-looking statements in this presentation will actually occur. There can be no assurance that actual outcomes will not differ materially from these forward looking statements. A number of important factors could cause actual results or performance to differ materially from the forward looking statements, including the risk factors set out in this Presentation. Refer to the risks section of this Presentation for a summary of certain general and HMC specific risk factors that may affect HomeCo. Investors should consider the forward looking statements contained in this Presentation in light of those disclosures and not place reliance on such statements. The forward looking statements are based on information available to HomeCo as at the date of this Presentation. To the maximum extent permitted by law, HomeCo and its directors, officers, partners, employees, advisers, agents and intermediaries disclaim any obligation or undertaking to release any updates or revisions to the information to reflect any change in expectations or assumptions. Except as required by law or regulation (including the ASX Listing Rules), HomeCo undertakes no obligation to provide any additional or updated information whether as a result of new information, future events or results or otherwise. Indications of, and guidance or outlook on, future earnings or financial position or performance are also forward looking statements. Effect of rounding A number of figures, amounts, percentages, estimates, calculations of value and fractions in this Presentation are subject to the effect of rounding. Accordingly, the actual calculation of these figures may differ from the figures set out in this Presentation. Distribution The distribution of this Presentation in jurisdictions outside Australia may be restricted by law. Persons who come into possession of this Presentation who are not in Australia should seek independent professional advice and observe any such applicable restrictions. By accepting this Presentation, the Recipient agrees to comply with these limitations. Any failure to comply with such restrictions may constitute a violation of applicable securities laws. 2#5Agenda Home Co. Home I. Update on Daily Needs ASX-listed REIT II. Daily Needs REIT | Overview on III. Sydney neighbourhood centre acquisition IV. Supplementary information#6Oles LIQUORLAND Tk-maxx CHEMIST Photo: Home Co Braybrook WAREHOUSE Update on Daily Needs ASX-listed REIT Home Co Braybrook Live your way. Home Co.#7Home Strategic rationale Co. The in-specie distribution of HomeCo Daily Needs REIT provides the foundation for the next phase of HomeCo's 'Own, Develop and Manage' strategy Home Co. HomeCo (HMC.ASX) ■ Internally managed owner, manager and developer of diversified property investments including DN REIT and HealthCo Progresses HomeCo towards a capital light model with diversified income streams across rental income, co- investments and management & development fees ■ Establishes the platform for HomeCo to unlock additional value and growth through capital recycling including the introduction of external capital into HealthCo ■ Demonstrated track record of performance since IPO - HMC (+0.6%) - ASX 200 (-9.6%) Home Co. Daily Needs REIT Daily Needs REIT ("DN REIT") High quality and defensive exposure with strong diversification across sub-sectors (neighbourhood, large format retail and health & services), tenants and geographies ~$800m of assets at the time of the IPO in November Managed by HomeCo, which has a demonstrated track record of value-add portfolio management and consistent returns Capital structure and balance sheet capacity to take advantage of consolidation opportunities - ASX 200 A-REIT (-18.2%) Source: IRESS total shareholder returns (23-Sep-20) 5#8Home Update on Daily Needs ASX-listed REIT Transaction overview and timing Co. Summary Intention to establish a new Daily Needs ASX-listed REIT through an in-specie distribution to HomeCo (HMC.ASX) securityholders. A newly formed HMC subsidiary will act as responsible entity of DN REIT HMC to hold a direct co-investment stake in DN REIT HMC securityholders to receive new securities in DN REIT proportional to their existing securityholding DN REIT to simultaneously look to raise new capital Subject to final Board approval, third party consents, regulatory and securityholder approvals Post DN REIT creation structure Existing HMC investors Partial ownership 100% ownership Home Co. Home Consortium (HMC.ASX) Partial ownership Management fees + 100% ownership distributions Home Co. Existing operating DN REIT assets Health Co. ♡ Healthcare & I Wellness developments Daly Needs REIT Indicative timing HMC Annual General Meeting 18 November Completion of in-specie distribution Late November DN REIT trading commences Late November Partial ownership Potential to create growth through further asset recycling and the introduction of external capital New investors 6#9Home Growing assets under management Establishing platforms for future growth Co. AUM (A$m) Home Co. Daily Needs KEIT HMC.ASX Existing Operating Assets Health Co. -800 DN REIT ▪ ~500 HealthCo ~150 ☐ 7 No. assets (#) HMC ownership Stabilised assets Development assets ▪ 16 ■ Co-investment (~20 - 30%) Braybrook Hawthorn East Keysborough ■ Mornington ■ Butler Joondalup Tingalpa ■ Penrith ■Rosenthal ■ Prestons ■ Vincentia ■ Parafield ■ Glenmore Park (new acquisition) Sydney metro asset (potential acquisition under exclusive DD) Ellenbrook Richlands 15 ■ 100% owned Knoxfield Bundall Mackay ■ North Lakes Morayfield ■ Toowoomba South Box Hill Upper Coomera Lismore ■ Marsden Park ■ Rutherford Coffs Harbour ■ Bathurst Wagga Wagga South Morang ◉ 100% owned Rouse Hill ■ Cairns Ballarat ■ Aurrum Erina ■ Roxburgh Park St Marys Springfield 100% ownership with opportunity for further capital recycling Source: Company filings as at 23-Sep-20 7#10Home CO Howhom East Woolworths G Dan Murphy's ANACONDA CHEMIST WAREHOUSE Photo: HomeCo Hawthorn East Daily Needs REIT | Overview Live your way. Home Co.#11Home Co. Daily Needs REIT - Investment highlights Portfolio of stabilised, convenience based assets targeting consistent growing distributions 1 High quality and defensive exposure 2 3 " Sustainable distributions Growth opportunities 4 Scalable strategy 5 Independent Board ☐ 8.5 year WALE¹ provides long term income visibility • ▪ ~78%² exposure to national tenants and low exposure to specialty retail (<15%)² Affordable average gross rents of $340/sqm² Sector leading cash collection of 94%³ in Jul-20 and Aug-20 and similar cash collection expected for Sep-20 " ~5% distribution yield, majority tax-deferred Highly predictable and sustainable income Conservative capital structure with target gearing range of 30 - 40% Contracted rental growth through fixed escalations across majority of portfolio (3.5%² weighted average across fixed leases) Consolidation opportunities across target sectors Development upside in existing properties to further enhance earnings and portfolio quality Deliberate focus on hyper-convenience and daily needs tenants ■ Strong diversification across tenants, sectors and geographies Strategy and model portfolio construction informed by long term historical returns across sub-sectors and evolving trends Highly experienced majority independent board and management team Secure management and development arrangements with HomeCo Source: Company filings as at 23-Sep-20 Notes: 1. By gross income for signed leases and signed MOUs across all DNR assets including the recent acquisitions: Glenmore Park and a Sydney metro asset (potential acquisition under exclusive DD) as at 30-Sep-20. 2. By gross income for signed leases and signed MOUs across all DNR assets including the recent acquisitions: Glenmore Park and a Sydney metro asset (potential acquisition under exclusive DD) as at 23-Sep-20. 3. Rent collection of contracted rent to 23-Sep-20 at all DNR assets, excludes Glenmore Park and a Sydney metro asset (potential acquisition under exclusive DD). 9#12Home Co. Daily Needs REIT at a glance High quality and defensive exposure diversified by tenant, sector and geography Portfolio statistics¹ Model portfolio target sector weightings? Number of properties 16 Book value -$800m 50% 30% 20% Weighted average capitalisation rate ("WACR") -6.0% Neighbourhood Large Format Retail Health & Services Occupancy (by GLA)² 98% Weighted average lease expiry ("WALE") 3 8.5 years Site coverage ratio 33% Gourmedical home Rent collection (Jul-20 and Aug-20)4 94% Target gearing 30-40% Tenant mix (by income)5 Rent Composition (by income)5 18% Less than 15%1 23% specialty exposure 55% Fixed weighted average rent review and -78%1 27% 13% 64% national tenants of 3.5%5 p.a. Woolworths coles LIQUORLAND Dan Murphy's IGA Fresh &Save Food Warehouse spudshed Fresh Food Market We grow it. We sell it. You save! A ALDI CHEMIST WAREHOUSE DISCOUNT CHEMIST ANACONDA SPOTLIGHT BCF rebel BING LEE -HI-FI- SUPERCHEAP AUTO Amart Furniture pet stock Plenty Valley Medical Centre Guardian Childcare & Education OXANDA EDUCATION aurrum kids. Goodlife. HEALTH CLUBS ■Neighbourhood ■Large Format Retail ■Health & Services Source: Company filings as at 23-Sep-20 ■ Fixed ■ CPI ■ Supermarket Note: 1. Portfolio statistics include all DNR assets, including the recent acquisitions: Glenmore Park and a Sydney metro asset (potential acquisition under exclusive DD) as at 23-Sep-20. 2. Occupancy does not include Ellenbrook and Richlands. 3. By gross income for signed leases and signed MOUs across all DNR assets including the recent acquisitions: Glenmore Park and a Sydney metro asset (potential acquisition under exclusive DD) as at 30-Sep-20. 4. Rent collection of contracted rent to 23-Sep-20 at all DNR assets, excludes Glenmore Park and a Sydney metro asset (potential acquisition under exclusive DD). 5. By gross income for signed leases and signed MOUS across all DNR assets including the recent acquisitions: Glenmore Park and a Sydney metro asset (potential acquisition under exclusive DD) as at 23-Sep-20. 6. Includes turnover rent. 7. Neighbourhood comprised of supermarket and specialties tenants; LFR comprised of homewares, electrical, leisure and lifestyle tenants. 10#13Home Co. Well located and geographically diverse portfolio 1 . Geographic diversification • 85%+ metro-located assets Portfolio allocation based on GDP contribution of major capital cities across Australia Perth 3 assets WA: 16%¹ WA NT SA 1 QLD 2 Sub-sector diversification • Portfolio allocated between the following essential subsector categories: Neighbourhood Large Format Retail Health & Services Low correlation to traditional retail and property sectors Brisbane 2 assets QLD: 10%1 3 Diversified & high quality tenant exposure to convenience based daily Needs . 94%² cash collection in Jul- 20 and Aug-20 . ~78% national retailers • Top 20 tenants represent ~60% of exposure No exposure to department stores, discount department stores and minimal exposure to discretionary retail and fashion Source: Company filings as at 23-Sep-2020 VIC Adelaide 1 asset SA: 5%¹ NSW TAS Melbourne 5 assets VIC: 32%¹ . Sydney 4 assets + 1 potential acquisition³ NSW: 37%¹ 4 Targeting consistent & growing distributions 5% distribution yield (majority tax deferred) 8.5 year lease WALE4 Contracted escalations with fixed escalation on the majority of the portfolio (fixed rent review weighted average: 3.5%¹) Note: 1. By gross income for signed leases and signed MOUS across all DNR assets including the recent acquisitions: Glenmore Park and a Sydney metro asset (potential acquisition under exclusive DD) as at 23-Sep-20. 2. Rent collection of contracted rent to 23-Sep-20 at all DNR assets, excludes Glenmore Park and a Sydney metro asset (potential acquisition under exclusive DD). 3. Under exclusive due diligence. 4. By gross income for signed leases and signed MOUs across all DNR assets including the recent acquisitions: Glenmore Park and a Sydney metro asset (potential acquisition under exclusive DD) as at 30-Sep-20. 11#140% 10% HDN model portfolio Office Home Daily Needs REIT strategy Co. Model portfolio constructed to deliver enhanced securityholder returns All property Correlation benchmarking | (2007-2019) 1.00 0.73 DN REIT portfolio has low levels of correlation to other property sectors 0.67 0.64 Total returns and volatility by sector | (2013-2019) 12% 0.63 0.50 10% | HDN model portfolio | Strategy and portfolio construction informed by long term historical returns across sub-sectors and evolving trends. This has resulted in a model portfolio with superior risk adjusted returns Neighbourhoods Industrial HDN Model Portfolio Returns Versus Retail | (2007-2019) 20% Retail Total return (%) 6% 8% Regional 4% Retail Neighbourhoods Sub-regional 2% 2% 3% Demonstrated outperformance relative to the broader retail property sector 4% Volatility (standard deviation) 5% (10%) Dec-07 Dec-10 Dec-13 Dec-16 Dec-19 HDN Model Portfolio ⚫Sub-regional Retail Regional Neighbourhoods Source: RIA Notes: 1. Based on model portfolio representing 50% neighbourhood assets, 30% large format retail assets and 20% health & services assets. Property returns are calculated based on individual assets and property portfolios on an unlevered basis and reflect a combination of income return and capital return (movements in property valuation net of capex). 12#15Home Daily Needs REIT peer benchmarking Co. Strong portfolio metrics relative to A-REIT peers WALE (years)1 5.7 +50% Core peers 8.5 Home Co. Daily Needs REIT Gross rent per sqm ($/sqm)² 340 Home Co. Daily Needs REIT +26% 429 Core peers Source: Company filings as at 30-Jun-20 for core peers Note: 1. DNR by gross income for signed leases and signed MOUS across all DNR assets including the recent acquisitions: Glenmore Park and a Sydney metro asset (potential acquisition under exclusive DD) as at 30-Sep-20; Core peers - based on average of core peers which includes SCP.ASX, CQR.ASX, AVN.ASX and BWP.ASX. 2. DNR - by gross income for signed leases and signed MOUS across all DNR assets including the recent acquisitions: Glenmore Park and a Sydney metro asset (potential acquisition under exclusive DD) as at 23-Sep-20; Core peers - based on retail portfolio average of core peers which includes SCP.ASX, CQR.ASX and AVN.ASX, BWP.ASX not included. 13#16ALDI IGA WHERE THE locals MATTER CHEMIST OXANDA EDUCATION WAREHOUSE Home Co. Keysborough www Home Co Keysborough (rendering) Sydney neighbourhood centre acquisition Live your way Home Co.#17Home Co. Glenmore Park Town Centre (Sydney, NSW) Neighbourhood centre located in high growth corridor in Western Sydney Description Location Acquisition status Woolworths, Coles & ALDI anchored centre opened 1999 with a major development completed in 2017. Other tenants include medical centres, pharmacy, specialties and 3 pad sites (petrol, McDonalds, KFC) 55 km west of Sydney CBD Exchanged 45,859 sqm 17,225 sqm (38% coverage ratio) Land size GLA WALE 6.5 years1 Occupancy (% GLA) 96% Tenant mix (by gross income)² ■ Supermarket 31% 41% 28% Specialties ■Health & Services Tenancy plan SPECIALTY STORES 000 Woolworths P Source: Company filings as at 23-Sep-20 Notes: 1. By gross income for signed leases and signed MOUs as at 30-Sep-20. 2. By gross income for signed leases and signed MOUS as at 23-Sep-20. ALDI P2 coles 15#18Home Proposed Board of Directors Co. The proposed Daily Needs REIT board will consist of 1 Independent Chairman, 2 Independent Non-Executive Directors and 2 representatives from HMC (RE and manager) Simon Shakesheff 1 Independent Non-Executive Chairman Non-Executive Director of Cbus Property, Assembly Funds Management, Kiwi Property and St George Community Housing Formerly Head of Strategy and Stakeholder Relations at Stockland Group from 2013 to 2018 where Simon was responsible for Strategy, Research and Stakeholder Relations, and a member of the Executive Committee ■ Over 30 years of experience in the finance and real estate industry including 19 years as an equities analyst covering listed real estate and retail companies at Macquarie Bank and JP Morgan, and a further six years as a corporate advisor to major real estate groups, at UBS and Bank of America Merrill Lynch Simon Tuxen Independent Non-Executive Director Former General Counsel and Company Secretary at Westfield from 2002 to 2018 Non-Executive Director of Racing New South Wales Prior to joining Westfield in 2002, Simon was General Counsel of BIL International Limited in Singapore, Group Legal Manager of the Jardine Matheson Group in Hong Kong and a partner with Mallesons Stephen Jaques (now King & Wood Mallesons) from 1987 to 1996 + David Di Pilla Non-Executive Director Executive Chairman and Chief Executive Officer of Home Consortium Founder, a director and the major shareholder of the Aurrum Aged Care group Former strategic advisor and Director to operating subsidiaries of the Tenix Group of Companies from 2014 to 2016 Over 20 years of experience in investment banking. From 2004 to 2015, David was Managing Director and Senior Adviser at UBS, Australia and during this time he advised some of Australia's largest corporations on mergers and acquisitions, debt and equity capital market transactions Greg Hayes Non-Executive Director Director of Aurrum and Non-Executive Director of Home Consortium and Ingenia Communities Former Chief Financial Officer and Executive Director of Brambles Limited, Chief Executive Officer & Group Managing Director of Tenix Pty Ltd, Chief Financial Officer and interim CEO of the Australian Gaslight Company (AGL), Chief Financial Officer Australia and New Zealand of Westfield Holdings, and Executive General Manager, Finance of Southcorp Limited Holds a Master of Applied Finance, a Graduate Diploma in Accounting, a Bachelor of Arts, completed an Advanced Management Programme (Harvard Business School) Independent Non-Executive Director Additional independent director being finalised 16#1911 Supplementary information Live your way Home Co.#20Home Co. Daily Needs REIT | Asset summary Glenmore Park Town Centre HomeCo Hawthorn East Sydney Metro Asset HomeCo Vincentia Hone 03 Woolworths Dan Murphy's ANACONDA CHEMIST WAREHOUSE POTENTIAL ACQUSITION Woolworths State NSW State VIC State State NSW Fair value ($m) WACR (%) Fair value ($m) WACR (%) 82 5.5% Fair value ($m) WACR (%) Fair value ($m) WACR (%) 60 6.5% Occupancy (%) 96.0% Occupancy (%) 100.0% WALE (years) 6.5 WALE (years) 10.6 Occupancy (%) WALE (years) Occupancy (%) 97.2% GLA (sqm) 17,225 GLA (sqm) 11,482 GLA (sqm) WALE (years) GLA (sqm) 5.8 9,419 HomeCo Braybrook HomeCo Penrith HomeCo Joondalup HomeCo Mornington ENTRY coles Home LUNAND mot rebel BING LEE kscal Ashle pet HOME CONSORTIU Home ANACONDA spudshed Goodlife 24-7 ANA CAMPING FISHING- Coles LIQUORLAND Lombard Home Co. State VIC State NSW State WA State VIC Fair value ($m) 56 WACR (%) 6.0% Fair value ($m) WACR (%) 51 6.3% Fair value ($m) WACR (%) 50 6.8% Fair value ($m) WACR (%) 43 6.3% Occupancy (%) 100.0% Occupancy (%) 100.0% Occupancy (%) 97.6% Occupancy (%) 99.5% WALE (years) 9.1 WALE (years) 5.2 WALE (years) 8.9 WALE (years) 11.1 GLA (sqm) 13,441 GLA (sqm) 11,643 GLA (sqm) 17,414 GLA (sqm) 11,136 Source: Company filings as at 23-Sep-20 Note: Fair value as at 30-Jun20 and WALE as at 30-Sep-20. Acquisition under exclusive DD 18#21Home Co. Daily Needs REIT | Asset summary (continued) HomeCo Keysborough Home Co ALDI Keysborough HOHAR'S HE TH pet BCFC HomeCo Butler HomeCo Prestons Home Ca Woolworths HomeCo Tingalpa State VIC State WA State NSW State QLD Fair value ($m) 41 WACR (%) 6.3% Fair value ($m) WACR (%) 41 6.8% Fair value ($m) WACR (%) 37 5.5% Fair value ($m) WACR (%) 33 Occupancy (%) 100.0% Occupancy (%) 94.2% Occupancy (%) 100.0% Occupancy (%) 6.5% 99.0% WALE (years) 10.5 WALE (years) 9.1 WALE (years) 7.7 GLA (sqm) 12,142 GLA (sqm) 17,430 GLA (sqm) 5,169 WALE (years) GLA (sqm) 6.2 10,434 HomeCo Rosenthal HomeCo Parafield HomeCo Richlands HomeCo Ellenbrook WOWOW 090 080 Fresd&Nave CHEMIST Goodlife SPOTLIGHT Choice Guardian State VIC State SA State Fair value ($m) 31 WACR (%) 5.5% Fair value ($m) WACR (%) 25 7.5% Fair value ($m) WACR (%) QLD 24 6.8% State Fair value ($m) WACR (%) WA 15 7.0% Occupancy (%) 98.0% Occupancy (%) 100.0% Occupancy (%) NM Occupancy (%) NM WALE (years) 8.3 WALE (years) GLA (sqm) 4,810 GLA (sqm) 6.0 15,539 | WALE (years) NM WALE (years) NM GLA (sqm) 12,503 GLA (sqm) 12,269 Source: Company filings as at 23-Sep-20 Note: Fair value as at 30-Jun20 and WALE as at 30-Sep-20. Development assets 19