Smart Approach in Retail Resilience

September rent collection Rent due between 29 September and 10 November As at 10th November Received Offices Retail¹ 97% 62% 77% Total Rent deferrals Rent forgiven 1% Customer paid monthly 1% 2% 2% Outstanding 2% 35% 21% 100% 100% 100% Total £48m £64m £112m Collection of adjusted billing 2 98% 64% 78% 1 Includes non-office customers located within our London campuses. 2 Total billed rents exclusive of rent deferrals, rent forgiven and tenants moved to monthly payments. 26

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