Investor Presentaiton

Prices have risen since Covid Pandemic hampered supply as demand relatively unchanged (c.33k units needed p.a.) House prices close to previous peak in 2007 (=100), prices up 13% year-on-year 110 70 100 60 90 80 70 60 Number, thousand 50 40 Transactions have rebounded after Covid lockdowns 50 40 30 20 20 10 30 20 50 -10 10 40 -20 0 | I 1 2006 2008 2010 2012 2014 2016 2018 2020 2022 2012 2014 2016 2018 2020 2022 - National Dublin Excluding Dublin 14Q Sum of Transactions, Ihs -Y-o-Y Change, rhs Source: CSO Source: CSO Gníomhaireacht Bainistíochta an Chisteáin Náisiúnta National Treasury Management Agency 66 99

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