Full Year Results Presentation

· • • Key Highlights Financial performance impacted by Covid-19 - Underlying profit down 34% to £201m EPRA NTA down 16% to 648p Operational performance resilient - £1.2bn asset sales, 6.2% ahead of book value - 2.2m sq ft leasing activity including 1.7m sq ft in retail • New strategy exploiting our competitive strengths, investing behind two key themes: = Campuses and Retail & Fulfilment Well positioned to deliver our strategy Strong balance sheet, with LTV reduced to 32% - Improving economic & occupational backdrop Embedded growth opportunities in our portfolio EATALY EATALY BASE PIZZA ARMANI EXCHANGE VINO & APERITIVO Eataly at Broadgate CUCINA

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