FY22 Financial Highlights

FCT's FY22 DPU up 1.2% Y-o-Y to 12.227¢ Improved financial and operating performance Key Highlights • FY22 gross revenue was up 4.6% Y-o-Y and net property income rose 4.9% Y-o-Y Financial Highlights FY22 FY21 Change Gross revenue S$356.9 m S$341.1 m ▲ 4.6% • FY22 distribution per unit rose 1.2% Y-o-Y to 12.227 cents Net property income ("NPI") S$258.6 m S$246.6 m ▲ 4.9% • Retail portfolio¹ committed occupancy rose 0.4 pp to 97.5% Q-o-Q as at 30 September 2022 Distribution to Unitholders S$208.2 m² S$204.7 m ▲ 1.7% • • Retail portfolio's shopper traffic and tenants' sales rose 12.4% and 11.3% Y-o-Y, respectively Average leverage ratio at 33.0%; 71% of borrowings hedged to fixed rate and interest cover ratio at 5.19 times Distribution per unit ("DPU") 12.227¢ 12.085¢ Aggregate Leverage³ (as at 30 September) Adjusted-Interest Coverage Ratio / Interest Coverage Ratio4 33.0% 33.3% ▲ 1.2% 0.3 pp 5x 5x StarHub Available at #03-12 IMETR NESE FOUR CASHBAL ond cha METRO Causeway Point, Singapore 1. Retail portfolio refers to FCT's investment portfolio and includes Waterway Point which it owns a 40% stake but excludes Central Plaza which is an office property. 2. In 2H22, FCT had retained $1.7 million of its current period tax-exempt income available for distribution to Unitholders. 3. In accordance with the Property Funds Appendix, the aggregate leverage ratio included FCT's 40% proportionate share of deposited property value and borrowing in Sapphire Star Trust. 4. Ratio is calculated by dividing the trailing 12 months earnings before interest, tax, depreciation and amortisation (excluding effects of any fair value changes of derivatives and investment properties, and foreign exchange translation), by the trailing 12 months interest expense and borrowing related fees as defined in the Code on Collective Investment Schemes issued by the Monetary Authority of Singapore. As the Group has not issued any hybrid securities, Adjusted ICR is identical to the ICR of the Group. We are Frasers Property 30

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