HomeCo Daily Needs REIT Pitch

Capital management Strong liquidity of $197m and 92% hedged debt $ million Jun-22 Jun-23 Debt summary Facility limit (bank debt) 1,820.0 1,820.0 Drawn debt 1,600.5 1,639.11 Weighted avg. tenor (years)² 3.0 2.2 Home Co. Daily Needs REIT Jun-23 gearing of 33.8% is at the lower end of the target gearing range of 30-40% and adjusted for the post Jun-23 contracted sale of Midland, WA reduces by 1.0% to 32.8% Hedged debt increased to 92% following a restructure in 4Q FY23 (no net cash cost) which provides strong interest rate protection in FY24 and FY25 Liquidity Senior facility undrawn 219.5 180.9 Cash at bank 23.2 16.2 Interest hedge book Total liquidity 242.7 197.1 $1,500m 3.21% $1,475m $1,425m 2.80% 2.72% $275m $275m $750m Key debt metrics 2.11% $750m Gearing³ 32.7% 33.8% $750m $550m Interest coverage ratio 6.6x 4.2x (covenant: ICR not less than 2.0x) $275m $750m $450m % of debt hedged 67.2% 91.5% $400m $275m Hedged debt tenor (years) 2.8 2.4 30-Jun-23 30-Jun-24 30-Jun-25 30-Jun-26 Weighted avg. debt cost (% p.a.)4 2.5% 3.9% Interest Rate Caps notional Average Rate (LHS) 5 Notes: Numbers may not total due to rounding. 1. Based on Jun-23 drawn debt. 2. Based on drawn debt only. 3. Gearing is defined as Borrowings (excluding unamortised debt establishment costs) less Cash and cash equivalents divided by Total Assets less Right of use assets and Cash and cash equivalents. 4. Includes undrawn line fees. 5. Represents the weighted-average rate of the interest hedge book. Interest Rate Swaps (IRS) notional Forward start IRS notional 22

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