HomeCo Daily Needs REIT Pitch

Capital recycling $443m proactive asset recycling in FY23 into accretive daily needs acquisitions with repositioning and development upside DISPOSALS ACQUISITIONS RUG nickscali S SHERIDAN OUTLET Bea CREAPEST Home Co. Daily Needs REIT Midland (WA) Settlement expected in Sep-23 $285m of lower yielding LFR assets disposed of at combined ~3% premium to book value Sunshine Coast (QLD) Epping (VIC) Settled in Sep-22 Sale price of $140.0m Final settlement expected in Sep-23 Sale price of $70.3m representing a passing yield of 4.68% Sale price of $74.8m Southlands Boulevarde Menai Marketplace Southlands Boulevard (WA) " Triple supermarket anchored centre with development upside Acquisition price of $92.5m, representing a fully-let yield of ~8% Immediately FFO accretive Settled in Feb-23 Last Mile Logistics (LML) Fund $50m¹ strategic investment in complementary unlisted fund Menai Marketplace acquisition price of $150m subsequently revalued to $175m (Settled in Feb-23) Significant future acquisition pipeline for HDN via ROFO ~$158m re- invested into higher yielding neighbourhood assets² ✓ Re-weighting to target Model Portfolio ✓ FFO accretive Notes: 1. Represents the $50m LML Fund commitment by HDN. 2. Includes additional land parcel acquisition at Armstrong Creek. ✓ Reduced gearing 29 29

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