HomeCo Daily Needs REIT Pitch

Home Co. Daily Needs Earnings summary REIT FY23 FFO of 8.6 cents per unit (in line with guidance) representing 12% CAGR since inception $ million FY22 FY23 141.6 261.3 Property NOI Distribution from equity-accounted investees 0.3 1.1 Investment management fees¹ (13.7) (27.9) Other corporate expenses (2.6) (3.4) EBITDA Net interest expense FFO 125.6 231.1 (20.0) (54.0) Property NOI grew to $261m in FY23, which was driven by the full year impact of the Aventus merger which completed in Mar-22 Strong underlying property revenue growth in FY23 offset higher property and interest expenses HDN recorded FY23 FFO of $177.1m or 8.6 cents per unit, with the latter representing 12% CAGR since inception 105.6 177.1 Historical FFO & Distribution (cpu) Units on issue (wtd avg) (m) 1,193.8 2,070.7 Growth since inception²: +12% FFO CAGR +9% DPU CAGR FFO per unit (cents) 8.9 8.6 8.9 8.6 8.3 8.3 Distributions per unit (cents) 8.3 8.3 6.8 7.0 FY21 FY22 ■FFO Distribution FY23 Notes: Numbers may not total due to rounding. 1. Investment management and property management fees are disclosed on a gross basis. 2. FY21 FFO of 4.1cpu and distribution of 4.2cpu annualised for full year given IPO date of 23-Nov-20. 20 20

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