Smart Approach in Retail Resilience

March rent collection and deferrals Rent due between 2 March and 23 June As at 10th November Offices Retail¹ Total Received 98% 46% 68% Rent deferrals 1% 28% 17% Rent forgiven 1% 12% 7% Customer paid monthly Outstanding Total Collection of adjusted billing 2 14% 8% 100% 100% 100% £58m £77m £135m 100% 77% 89% 1 Includes non-office customers located within our London campuses. 2 Total billed rents exclusive of rent deferrals, rent forgiven and tenants moved to monthly payments. 46

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