Investor Presentaiton

Operating Environment in Australia Key economic indicators and market overview Key Economic Indicators (1) Sequential GDP +1.8% for the Mar 21 quarter Overview of the Industrial and Commercial Market (3) Industrial Prime Grade Net Face Rent (A$/sqm/yr) FRASERS LOGISTICS & COMMERCIAL TRUST Prime CBD Commercial Net Face Rent (A$/sqm/yr) +3.2% for the preceding quarter Brisbane Melbourne $150 Sydney $145 ⚫ Perth $700 $140 Unemployment Rate (+1.2% y-o-y) $650 $130 5.6% for the month of Mar 21 $600 $120 $116 Melbourne $625 (+0.0% y-o-y) $624 (-0.6% y-o-y) Improved from 5.8% in Feb 21 $110 (+0.3% y-o-y) $550 $100 $94 $500 $90 Consumer Price Index 1.1% for the 12 months to Mar 21 0.9% for the 12 months to Dec 20 (+0.0% y-o-y) $80 $450 1Q17 1Q18 1Q19 1Q20 1Q21 1Q17 1Q18 1Q19 1Q20 1Q21 National Total Supply for Industrial ('000 sqm) National Total Supply for CBD Commercial ('000 sqm) Cash Rate 0.1% 1,950 Unchanged since Nov 20 1,750 1,550 10-year bond yield 1,350 1.57% 1,150 600 500 10-year average 400 300 200 As at 9 Jun 21(2) 950 750 1Q17 1Q18 1Q19 1Q20 1Q21 10-year average MM 100 1Q17 1Q18 1Q19 1Q20 1Q21 1. Sources: Australian Bureau of Statistics and the Reserve Bank of Australia. 2. Capital Market Yields - Government Bonds - Daily (As at 9 June 2021). 3. Jones Lang LaSalle Real Estate Intelligence Service Q1 2021. 21 21

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