Full Year Results Presentation

Proven resilience, positioned for opportunity and growth Strong financial position to act at pace • £1.8bn of cash and facilities . LTV low at 32.0% Completed and committed developments add an additional £50m of earnings New dividend policy provides clarity and flexibility Challenging year, but resilient throughout . 99% of office rents collected, 83% overall 85% of outstanding rent and service charge debtors provided for¹ £1.2bn of disposals at 6.2% above book No requirement to refinance until 2025 1 Taking into consideration post year end receipts wwww 100 Liverpool Street 13

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