Investor Presentaiton

2H FY2023 DPU remained stable y-o-y Daiwa HouseⓇ 1 July to 31 December (2H) 2H FY2022 2H FY2023 Variance Gross Revenue (S$ '000) 29,816 28,951 -2.9% Net Property Income (S$ '000) 22,950 22,192 -3.3% Distributable Income to 17,720 18,244 +3.0% Unitholders (S$ '000) Distribution per Unit (cents) 2.61 2.61 Contribution from properties acquired in December 2022 and income from the vacant space occupied in July 2023 was offset by the weaker JPY against S$, resulting in lower gross revenue and NPI y-o-y in S$ terms Despite lower NPI, distributable income increased by 3.0% y-o-y mainly due to realised gain from hedging 14

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