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Investor Presentaiton

MACQUARIE AUSTRALIA CONFERENCE Reimagine Urban Life 1 Leverage integrated Development capability mirvac Current position > 50-year track record of development through cycles > Integrated development, design and construction capability and reputation for quality is a critical competitive advantage > Multi-sector development capability provides resilience of earnings across asset cycles > Broad Residential development pipeline, deep capabilities, and trusted brand to leverage persistent structural under supply of residential accommodation EXTENSIVE BENEFITS OF INTEGRATED DEVELOPMENT CAPABILITY Improved portfolio quality/ modernisation Superior investment returns Risk management Sustainability objectives Strategic site acquisitions | Earnings FUM growth FUTURE FOCUS More selective in deployment of capital > Utilise capital efficient structures and capital partnering to drive higher development ROIC and improve flexibility of pipeline > Re-organisation of structure unifying Development division, driving efficient capital allocation, better utilisation of skills across the business, and talent development and retention > Increased utilisation of digitalisation and prefabrication techniques to improve efficiency and safety DEEP MULTI-SECTOR DEVELOPMENT CAPABILITY INDUSTRIAL OFFICE BUILD TO RENT APARTMENTS MASTERPLANNED COMMUNITIES MIXED USE Switchyard Industrial Estate, SYD' 7 Spencer Street, MEL LIV Anura, BNE¹ NINE Willoughby, SYD¹ Smith's Lane, MEL Harbourside, SYD¹ 1. Artist impression, final design may differ. LIV Anura, Brisbane (artist impression, final design may differ) MAY 2023.1.0.7
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