Frasers Property Diversified Growth

Well-received new residential launches in Shanghai, China S$0.9 billion presold revenue to be recognised progressively Selectively replenished residential portfolio with investments in Shanghai, a core Tier 1 city • Added -3901,2 residential units to portfolio in FY23 • • Palace of Yunjian in Songjiang District ~168 units 2,3 Upview Hongqiao in Qingpu District ~222 units2,3 Launched units, all in Shanghai, almost fully-sold; next scheduled completion in 1Q FY24 ~4452,4 units sold in FY23, a 4.8% Y-o-Y increase . • • • Sold all launched units • a) Club Tree, Shanghai ~274 units 2,5; b) Palace of Yunjian, Shanghai ~158 units2,5 Projects fully-sold a) Upview Malu, Shanghai ~122 units 2,5; b) Upview Hongqiao, Shanghai -222 units²,3 Inventory of ~552 residential units as at 30 September 2023 with six projects under development on schedule for completion and handover Handed over a total of ~2 residential units, ~9 retail units and ~1,790 carpark lots across projects² Residential Portfolio Activity in FY23 Units settled (Includes the Group's effective interest in an associate and JVs) Units sold7 ~26 ~4454 S$0.9 b Unrecognised revenue, a 98.8% Y-o-Y increase 871 contracts on hand 7,8 as at 30 Sep 2023 (Includes the Group's effective interest in an associate and JVs) Macro Drivers and Industry Trends $ China's GDP grew 5.2% Y-o-Y in the first three quarters of 2023, meanwhile Shanghai's GDP grew 6% Y-o-Y, reflecting the resilience of the recovery trend⁹ China's manufacturing sector witnessed an improved business climate in August as the PMI rose for a third straight month to 49.7, up from 49.3 in July 10 1H 2023 Shanghai residential sales area up 38.1% Y-o-Y to 5.2 million sqm, while sales value increased 36.2% to RMB334.7 billion 11 Upview Hongqiao, Qingpu, Shanghai, China 1. Gross basis - 1,724 units. 2. Includes subsidiaries at gross (100%) and equity-accounted JVs and associates at their effective share. 3. Gross basis and effective interest - Palace of Yunjan: 838 units, 20%; Upview Hongqiao: 886 units, 25%. 4. Gross basis - 2,186 units. 5. Gross basis and effective interest - Club Tree: 1,826 units, 15%; Palace of Yunjian: 791 units, 20%; Upview Malu: 1,013 units, 12%. 6. Gross basis - 7 units. 7. Including options signed. 8. Including the Group's effective interest in an associate and JVs. 9. gov.cn/archive/statistics/202310/18/content WS652f48b6c6d0868f4e8e056d.html. https://www.shanghai.gov.cn/. 10. NBS. 11. CRIC. 60 60

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