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Investor Presentaiton

TPL Properties Limited Key Subsidiaries TPL RMC & IMC ■ TPL RMC is managing TPL REIT Fund I and earning management and performance fees (FY23: PKR 1,048 Mn), allowing for a dividend to TPL Properties in FY23 ■ Growth Pipeline: (i) Telecom Tower REIT (Project Aahan); (ii) Regional Hospitality Funds (MoU in place); (iii) Advisory mandate for Abhi Finance. Plans to use the 3-C licenced manager to aggressively grow business outside Pakistan ■ TPLD is developing the TPL REIT Fund I projects (Actively Mangrove and One Hoshang) TPL Developments ■ Fees earned in FY23 are PKR 120 Mn. Loss after Tax of PKR 67 Mn due to early stage of projects ■ New CEO, Rizwan Karim (Agha Khan Regional Projects Head) joined post year end TPL Property Management ■ First Year of new Contract with BAHL for Centrepoint smoothly executed. Second Year auto-renewal in place Agreement is cost plus with profit (PKR 15 Mn and PKR 12 Mn shared services cross charge) ■ New GM on boarded post year end ■ Potential growth opportunities to be sought
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