Investor Presentaiton

43 Strong capability to capitalise on key growth areas Social / Living Transport Energy Sector opportunity Dexus capability Key thematics dexus Government funding gaps Urbanisation of our cities and population growth Government and private decarbonisation commitments Pipeline mix Brownfield Greenfield Near-term opportunities Market size $3.1bn¹ Brownfield PPPs at $180bn² Greenfield PPPS ~$79bn2.3 Operating phase Deal structuring Over 20 years' experience in social infrastructure (over 20 PPP/ social assets) Core competencies with 25+ years of experience Credentials Funds under management' Real estate synergies Strong government relationship and property management c.$2bn $5.2bn¹ Cumulative market -$300bn by 20302 Airports Rail Represent majority co-owner of Reliance Rail and largest block stake in Melbourne Airport c.$7bn Development and operation of surrounding landbank (precincts) >$7bn4 Greenfield large-scale renewables -$100bn by 20305 ## Utilities * Renewables Powerco, the largest electricity distributor in New Zealand and Macarthur Wind Farm, one of the largest wind farms in Australia c.$1bn (excluding Endeavour Energy) Early-stage planning, zoning and development 1. Dexus estimate for the next 12-24 months. 2. Dexus estimates. 3. Represents total market of which only a subset is expected to be financed by the private sector. 4. In line with estimate of transaction volumes which occurred over the past 12 months. 5. Sourced from AEMO 2022 Integrated System Plan. Based on real 2022 dollars. 6. Figures as at 30 June 2023 pro forma the sale of a capital partner's interest in Endeavour Energy and excludes investment in listed funds, Global Infrastructure Fund and Global Infrastructure Fund II. Includes Dexus balance sheet co-investments. Spotlight - Wholesale Airport Fund Linking capital that is looking to deploy with quality assets and executing in a timely manner Unique, unlisted transport asset Unlocked by broad and deep access to capital › Rare opportunity to gain access to Melbourne Airport and Launceston Airport › Strategic asset positioned to benefit from increasing passenger volumes $128m Initial ticket size¹ Kil > Warehoused by Dexus balance sheet, providing a key timing advantage to secure opportunity › Selldown supported by strong wholesale investor interest via oversubscribed raising $50m+ Additional equity deployed › Ability to activate new opportunities through real asset and development expertise 44 by AMP Capital Investors Limited. 1. Held through Australia Pacific Airports Corporation. › Facilitated timely liquidity for existing platform investor Note: The trustee of Wholesale Airport Fund (WAF) is AMP Investment Services Limited, a Dexus Group member. WAF is managed Melbourne Airport, VIC 2023 Dexus Investor Day 25 dexus

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