Investor Presentaiton

Market leadership and focused strategy • LIC was founded in 2003, and now has 21 years of experience in developing land lease communities • LIC remains the only ASX-listed pure play land lease communities business • A market leader operating solely in Victoria, having welcomed over 5,300 residents and settled over 3,600 homes • A customer and homeowner centric business that has resulted in up to 50% of sales coming from referrals in some communities • Focused strategy to provide high quality, affordable housing to the downsizer market in Melbourne's growth corridors as well as key Victorian regional centres • Strategically developing in select clusters around Victoria, which drives referral and brand awareness, as well as delivering network scale benefits • Visibility of growth pipeline with LIC currently having 10 projects in active development, with 2 more scheduled for launch in FY24, and another 4 parcels of land in planning Highly focused and experienced in Victoria • 22 communities in operation (1) 3,673 homes under management • 6,382 homes in portfolio and pipeline (2) 5,300+ residents of LIC Brookfield Woodlea Seasons Merrifield Wollert North Lyndarum Geelong and Bellarine Geelong Mount Duneed Bellarine Ocean Grove Ocean Grove II. - Deanside Chelsea Heights Clifton Springs St Leonards The Waves & St Leonards - The Shores Shepparton North Yarrawonga Completed Communities Developing Communities Planning Communities Casey Fields Bayside Peninsula Hastings Bittern Berwick Waters Officer Ridgelea Kaduna Park (Pakenham East) Meridian at Clyde North Riverfield (Clyde) Warragul -Clyde 3 Warragul II South East (1) Includes 7 operational communities that are still under construction. (2) Portfolio and pipeline represents total homes in communities owned by LIC, including fully completed communities, communities under construction, and new communities (awaiting commencement). Pipeline represents total homes in communities (6,382) less portfolio of 3,673 homes under management (i.e. homes sold and occupied) (figures as at 31 December 2023). Phillip Island Destinational Inverloch 9

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