Investor Presentaiton

Strong financial position Prudent gearing and hedging management to maintain balance sheet strength › Active debt management achieving $700 million of facility extensions with an average tenor of 6.1 years > Post 30 June 2022, completed $500 million of facility extensions with an average tenor of 4.9 years › Gearing of 26.9% 1,2 below the 30-40% target range, combined with strategic asset recycling, provides capacity to fund the acquisition of AMP Capital platform and developments > 65% of debt hedged across FY22, and an average hedge maturity of 5.9 years providing material protection against interest rate movements over the medium term Diversified sources of debt Exchangeable Notes 6% Key metrics Gearing (look-through)1 Headroom³ Cost of debt4 Average maturity of debt Hedged debt (incl caps)5 Weighted average maturity of hedges S&P/Moody's credit rating USPP 23% 30 June 2022 26.9%2 30 June 2021 26.7% $1.9bn $1.1bn 2.7% 3.2% 5.5 years 6.2 years 65% 81% 5.9 years 5.1 years MTN 15% A-/A3 A-/A3 1. Adjusted for cash and debt in equity accounted investments. 2. 3. Excluding Dexus's share of co-investments in pooled funds. Look-through gearing including Dexus's share of co-investments in pooled funds was 27.8% as at 30 June 2022. Undrawn facilities plus cash. 4. Weighted average for the year, inclusive of fees and margins on a drawn basis. 5. Average for the year. Hedged debt (excluding caps) was 68% for the 12 months to 30 June 2021 and 58% for the 12 months to 30 June 2022. 9 Dexus 2022 Annual Results Presentation Commercial paper 1% Debt capital markets 45% Bank debt 55% dexus Bank facilities 55% 17 August 2022

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