Frasers Property Diversified Growth

Industrial PBIT declined due to lower REIT PBIT Segment FY23 FY22 Change Non-REIT S$61.3 m S$130.9 m ▼ 53.2% REIT Remarks 23.4% Share of FV losses from the investment properties held through a JV and stable operating PBIT Lower contribution following the divestment of Cross Street Exchange in March 2022 and lower occupancies in commercial properties Absence of one-off divestment fees in respect of Cross Street Exchange, which was divested in FY22 S$274.8 m S$304.1 m ▼ 9.6% Fee income & others S$16.4 m S$25.4 m ▼ 35.4% TOTAL S$352.5 m S$460.4 m FRASERS My landscaping is waterwise We are Frasers Property Rubix Connect, VIC, Australia 46 46

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