AUL FY21 Investor Presentation

250 200 Building balance sheet flexibility 180 Australian and resilience 150 25 20 100 71 50 38 FY2021 ■Series C AUL Bonds 30 June 2020 maturity profile¹ ($m) 18 207 115 FY2022 FY2023 FY2024 FY2025 ■Retirement Village Investment Notes ■Herston Development Loans (Refinanced) ■Retirement Village Investment Notes (Refinanced) ■Retirement Village Investment Notes (New) Undrawn Revolving Loan (New) ■Drawn Development Loans (New) FY2026 FY2027 ■Series D AUL Bonds Orange indicates issuances and facilities refinanced/redeemed and blue indicates new issuances / facilities during the period Other external loans ■Series B AUL Bonds (Redeemed) Undrawn Revolving Loan (Refinanced) Drawn Revolving Loan (New) Mutual Capital Instruments (New) Undrawn Development Loans (New) 30 June 2021 maturity profile¹ ($m) YEARS Unity Real Wellbeing Continued to build flexibility into the balance sheet, positioning for strategic opportunities to be realised. Key activities during FY2021 included: • extension of existing corporate bank facility execution of a further $120m of corporate bank facilities and $35m of on balance sheet development debt issuance of an additional $33.2m in Retirement Village Investment Notes redemption of AUL's remaining $71.3m Series B Bonds 250 200 150 100 50 35 18 170 207 76 115 24 25 33 16 FY2021 FY2022 FY2023 FY2024 FY2025 FY2026 FY2027 Australia's first issuance of Mutual Capital Instruments raising a total of $120m Activity post 30 June 2021: Acquisition of Greengate residential communities portfolio 120 • AUHPT Premium Cash Offer Perpetual 1 Funding maturity profile shows consolidated interest bearing liabilities as at 30 June 2020 and 30 June 2021 that contribute to the Covenant Gearing Ratio debt (excluding Authorised Deposit-Taking Institution (ADI) borrowings) and Australian Unity Limited's Mutual Capital Instruments, which contribute towards gearing ratio equity. 2 Loan facilities from a related entity for the development of the Herston Quarter health precinct in Brisbane, Queensland. $25m additional group bank debt raised 14

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