HomeCo Daily Needs REIT Pitch

FY24 Outlook and guidance Strong top-line revenue growth continues to offset rising expenses UNDERLYING GROWTH " OFFSETTING COST INFLATION FY24 OUTLOOK FY24 GUIDANCE Strong top-line revenue growth offsetting headwinds from rising interest rates, property expenses & statutory charges Target comparable NOI growth of 4.0% in FY241 8.6 cents FY24 FFO/unit³ (8.6 cpu FY23A) ROBUST BALANCE SHEET VALUE ADD DEVELOPMENT PIPELINE HDN will continue to actively recycle capital to fund organic growth and portfolio re-weighting, including the announced divestment of Midland LFR centre, WA Interest rate risk mitigated in FY24 with 92% of Jun-23 drawn debt hedged HDN's 2.5 million sqm land bank provides compelling long-term upside Target >$120m FY24 commencements at -7% target ROIC² Target>$80m developments on track to complete in FY24 8.3 cents FY24 DPU (8.3 cpu FY23A) Committed to maintaining a strong balance sheet through active capital recycling Home Co. Daily Needs REIT Notes: Outlook statements have been made barring any unforeseen circumstances. 1. Comparable NOI growth across stabilised assets only. 2. Return on Invested Capital (ROIC) represents cash yield on cost. Estimated ROIC is based on assumptions relating to future income, valuation, capex and is calculated on a fully stabilised basis. 3. Based on average BBSY of 4.5% over FY24. 24

View entire presentation