AUL HY2023 Investor Presentation

W&CM highlights Funds Management Social infrastructure Life & Super Advice Australian Unity Real Wellbeing Trustees • • • • FUMA of $10.84b (30 June 2022: $9.90b), with positive net flows across all distribution channels Platypus Asset Management's FUMA grew to $4.66b (30 June 2022: $4.33b), benefiting from the strong continued support of retail, sophisticated and institutional investors Altius Asset Management's FUM stood at $1.74b (30 June 2022: $1.89b). Altius also released its inaugural Impact Report Acorn Capital's (a joint venture) FUM grew to $631.5m (30 June 2022: $493.0m) Group's investment portfolio stood at $938.9m (30 June 2022: $1.01b), including regulatory and strategic capital AUL HY2023 Investor presentation • • • • • • Property assets under management increased to $5.31b (30 June 2022: $4.92b) Multi-year development pipeline stood at $0.73b (30 June 2022: $1.31b) Lending and debt facilities on behalf of investors (through property funds and its commercial lending activities) at $2.31b (30 June 2022: $2.05b) Gross asset value (GAV) of Healthcare Property Trust (HPT) reached $3.69b, with acquisitions totalling $361.5m Proceedings issued by NorthWest Healthcare Australia RE Limited against Australian Unity parties including HPT's responsible entity, Australian Unity Limited and Australian Unity Strategic Holdings Pty Ltd in the Supreme Court of NSW were ongoing. Trial provisionally set for October 2023 Select Income Fund delivered $366.7m in FUM (30 June 2021: $305.8m) Childcare Property Fund raised $12.5m of equity, supporting 55% growth in total assets of the fund to $68.06m Specialist Disability Accommodation Fund raised $10.6m in equity, supporting 53% growth in total assets to $110.2m Completed redevelopment (November 2022) of Walmsley Residential Aged Care Facility in Kilsyth, Victoria, and development of integrated residential aged care and assisted living in South Melbourne, Victoria (est. completion April 2023) FUMA of $2.34b (30 June 2021: $2.30b) Gross inflows reached $112.3m (31 December 2021: $125.7m), representing a 10.7% decrease compared to the PCP Strong support for Life & Super's products, particularly in the independent financial adviser network 10Invest Investment Bond achieved $78.4m of FUM Continued to occupy a leading position in the pre-paid funeral market via specialised business Funeral Plan Management, with funeral FUM of $574.6m (30 June 2022: $624.5m) across 90,000+ clients Total number of advisers remained stable at 173 (30 June 2022: 170) Funds under advice (FUA) grew to $10.45b (30 June 2022: $9.99b) Personal life insurance premiums in-force increased to $111.1m (30 June 2022: $77.0m) Separately managed investment accounts (SMA) constructed by the Advice business grew in FUM to $871.4m (30 June 2022: $798.7m) The growth of the Trustees business continued with a 12.3% increase in FUM to $0.46b in the period under review Figures at 31 December 2022, unless otherwise noted 27

View entire presentation