HomeCo Daily Needs REIT Pitch

FY23 Performance Successfully absorbed significant growth in debt costs with strong underlying rental growth FINANCIAL ASSET MANAGEMENT INVESTMENT Home Co. Daily Needs REIT 8.6 cpu FY23 FFO In line with guidance >99% OCCUPANCY In line with Jun-224 ~$443m ACCRETIVE CAPITAL RECYCLING5 $285m assets sold at combined 3% premium to book $1.48 NTA/Unit Strong rental growth partially offsetting cap rate movement¹ >99% RENT COLLECTION FY23 contracted rent >$80m ACTIVE DEVELOPMENTS ~7% target ROIC6 32.8% PROFORMA GEARING² Lower end of 30-40% target range $272m total available liquidity +3.8% COMP PROPERTY NOI GROWTH Consistent with FY23 guidance >$120m FY24 DEVELOPMENT COMMENCEMENTS ~7% target ROIC6 91.5% INTEREST RATE HEDGING Jun-233 +6.0% LEASING SPREADS Versus 5.7% at Jun-22 174 new leases and renewals with low incentives $600m+ FUTURE PIPELINE Upscaled from $500m >20 projects identified Notes: All FY23 metrics as at 30-Jun-23 include McGraths Hill and Menai Marketplace on an 100% basis and the disposal of Midland. 1. NTA includes the fair value of derivatives. 2. Gearing is defined as Borrowings (excluding unamortised debt establishment costs) less cash divided by Total Assets less Right of use assets and Cash and cash equivalents. Pro-forma adjusted for the disposal of Midland which is expected to settle in Sep-23. 3. Based on drawn debt as at Jun-23 and pre Midland sale. 4. By GLA and includes rental guarantees. 5. Represents acquisition of Southlands Boulevarde, the additional land parcel acquisition at Armstrong Creek and the $50m LML Fund commitment by HDN and disposals of Epping, Sunshine Coast and Midland (which is expected to settle in Sep-23). 6. Return on invested capital (ROIC) represents cash yield on cost once development is fully stabilised. Estimated ROIC is based on assumptions relating to future income, valuation, capex and calculated on a fully stabilised basis. 4

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