Frasers Property Diversified Growth

FHT reports improved performance in FY23 Distribution per Stapled Security grew 49.3% with sustained improvement in performance Key Highlights • • Portfolio performance continued to improve in FY23 due to sustained recovery in global tourism as all FHT's geographical markets have successfully transitioned to the endemic phase As a result, gross revenue and net property income increased 28.5% and 30.1% Y-o-Y respectively Key Financials Gross Revenue Net Property Income FY23 FY22 Change S$123.2 m S$95.9 m ▲ 28.5% S$90.5 m S$69.6 m ▲ 30.1% Distributable Income S$52.3 m S$35.0 m ▲ 49.4% • Sustained improvements reported across key financial and operating metrics of the portfolio on a Y-o-Y basis Distribution per Stapled Security 2.4426 1.6355¢ ▲ 49.3% Gearing (as at 30 Sep) ICR (as at 30 Sep) 34.0% 36.4% ▼ 2.4 pp 3.6x1,2 2.6x1,2 ▲ 1.0 x Saint café & ber Saint Giles café & bar Saint Fraser Suites Edinburgh 1. ICR as prescribed under the MAS' Property Funds Appendix (last revised on 3 March 2022). 2. For the purpose of computing ICR, interest expense excludes the unwinding of discounting effect on present value of lease liability and long-term security deposits payable. We are Frasers Property 50 50

View entire presentation