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Investor Presentaiton

dexus dexus Complemented by three other megatrends shaping our focus Social and demographic change Australian population aged 65+ (%) 23% Growth in pension capital Pension funds total global assets (USD trillion) 47.9 Sustainability revolution Avg. annual global spend on physical assets for net zero transition (USD trillion)¹ 15 10% 17% 1983 2023 2063F +5.6% per annum increase in Australian government healthcare spending to c. $1tn by 2063 14.9 Workforce trends are creating significant implications for how Australia's growing population works, lives and plays 2003 2023 23%+ allocated to real estate, infrastructure and private equity, up from 9% in 2002 5.7 2020 9.2 2021-2050F c.$275 trillion cumulative spend on physical assets as part of 2050 energy transition scenario Managed funds within pension funds expected to increase as populations in developed nations continue to age Growing recognition that ESG factors are economic issues driving opportunity for investment and sustainable investment flows Source: Australian Government Intergenerational Report (2023), Thinking Ahead Institute: Global Pension Assets Study 2023, McKinsey Sustainability Report ("The net zero transition"). 1. Based on the Net Zero 2050 scenario from the Network for Greening the Financial System (NGFS). Unique platform offering scale and capability dexus Investment portfolio: $17bn | Third-party FUM: $44bn Top 5 across each real estate sector Total FUM Industrial Office CLASSONS Retail Infrastructure Healthcare $24bn. $12bn $10bn $2bn $11bn Third-Party FUM $12bn $8bn $10bn $1bn $11bn dexus Scalable platform Transactions Product creation Capital raising Asset management Development Enabling capabilities Finance Legal Marketing People & Culture Research Risk, Compliance & Governance Sustainability Tax Technology Treasury Valuations 16 Note: Figures as at 30 June 2023. Sector exposures exclude $2.0bn of funds under management relating to Real Estate Securities and Dexus Real Estate Partnership 1. 2023 Dexus Investor Day
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