Investor Presentaiton

Property Income | Walkdown MILLIONS Q4 FY2023 Q4 FY2022 Income from Operating Lease Rentals (OLR) Rs 2,109 Rs 1,852 (+) CAM / Other Revenue 915 657 Revenue from Operations Rs 3,024 Rs 2,509 (-) CAM / Other Direct Expenses (763) (606) Net Operating Income (NOI) Rs 2,262 Rs 1,904 % Margin on OLR 107% 103% (+) Income Support Adjusted NOI 183 228 Rs 2,444 Rs 2,132 KEY DRIVERS • Rs 257 million (13.9%) YoY increase: Brookfield India Real Estate Trust • o Rs 123 million (6.6%) due to addition of N2 in REIT o Rs 134 million (7.2%) due to recent new leasing and contractual escalations Rs 258 million (39.3%) YoY increase: o Rs 85 million (12.9%) increase due to addition of N2 to the REIT o Rs 173 million (26.4%) increase primarily due to higher physical attendance and some occupiers moving to higher hours of operation, leading to increase in CAM revenues • Rs 157 million (25.9%) YoY increase: Rs 82 million (13.6%) increase due to addition of N2 to the REIT o Rs 74 million (12.3%) increase due to increase in O&M expenses compared to previous year primarily due to higher physical attendance 21

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