Investor Presentaiton

Increase in property valuation Independent valuation of property on an "as is" basis assessed as $1.5 billion ~$290m Key Western Sydney sites Additional freehold properties ~$440m ~$370m ~$400m $1.5bn $1.1bn Under contract Surplus Short term Opportunities Medium term Opportunities Property Opportunity Long-term operational 41 1 1 2 3 4 CSR

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