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Investor Presentaiton

Celebrating 50 years FY22 Additional Information Retail: research HOUSEHOLD SAVING RATIO 25 Ratio 20 15 10 10 www 5 0 50 mirvac AUSTRALIA RETAIL SALES VS PRE-PANDEMIC TREND $35bn 30 ✓ 25 (5) 20 1959 1966 1973 1980 1987 Source: ABS, March Quarter 2022 Household Saving Ratio 1994 2001 Household Saving Ratio [mean -20y-] 2008 2015 2022 2014 2015 2016 2017 2018 2019 2020 2021 2022 Source: ABS, May 2022 Total Total [trend 02/2015 - 02/2020] RETAIL SALES: TOTAL (%Y/Y) VS 20 YEAR AVERAGE 25% 20 15 10 5 WAGE GROWTH BY STATE (%YOY) $35bn 7% 34 6 33 5 32 4 ल 31 3 30 2 0 29 1 28 0 (5) 2020 2021 2022 Source: ABS, May 2022 Retail Trade (%y/y) Retail Trade 20 Year Average Retail Trade Total (RHS) 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Source: ABS, March Quarter 2022 NSW ● VIC ● QLD ● WA 11 AUGUST 2022 | 70
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