Frasers Property : 1Q FY2023 Business Updates

Business Updates

for the first quarter ended 31 December 2022

8 February 2023

Samyan Mitrtown (FPT Office), Bangkok, Thailand

Important notice

• Statements in this presentation constitute "forward-looking statements", including forward-looking financial information. Such forward-looking statements and financial information involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Frasers Property Limited ("Frasers Property" or the "Company") and its subsidiaries (together with Frasers Property, the "Group"), or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements and financial information. Such forward-looking statements and financial information are based on numerous assumptions regarding the Group's present and future business strategies and the environment in which the Group will operate in the future. Because these statements and financial information reflect Frasers Property's current views concerning future events, these statements and financial information necessarily involve risks, uncertainties and assumptions. Actual future performance could differ materially from these forward-looking statements and financial information as a result of these risks, uncertainties and assumptions and you are cautioned not to place undue reliance on these statements and financial information.
• Frasers Property expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement or financial information contained in this presentation to reflect any change in Frasers Property's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement or information is based, subject to compliance with all applicable laws and regulations and/or the rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST") and/or any other regulatory or supervisory body or agency.
• This presentation includes market and industry data and forecast that have been obtained from internal survey, reports and studies, where appropriate, as well as market research, publicly available information and industry publications. Industry publications, surveys and forecasts generally state that the information they contain has been obtained from sources believed to be reliable, but there can be no assurance as to the accuracy or completeness of such included information. While Frasers Property has taken reasonable steps to ensure that the information is extracted accurately and in its proper context, Frasers Property has not independently verified any of the data from third party sources or ascertained the underlying economic assumptions relied upon therein.
• Nothing in this presentation should be construed as financial, investment, business, legal or tax advice and you should consult your independent advisors.
• Any discrepancies in the figures included herein between the listed amounts and total thereof are due to rounding.

Contents

Business Landscape and Key Highlights

Business Unit Highlights

• Singapore
• Australia
• Industrial & Logistics
• Hospitality
• Thailand & Vietnam
• Others

Balance Sheet Highlights

Looking Forward

Business landscape

Embracing structural shifts and navigating macro developments

• Leveraging its established strategic business platforms, Frasers Property is well-positioned to navigate the macro developments.
• Remain disciplined and rigorous in the Group's approach towards investment, asset management and development execution.
• Healthy balance sheet provides Frasers Property with financial agility to navigate through this period of heightened uncertainty, and to capitalise on attractive investment opportunities that may arise.
• Purpose-ledmindset and future-readyposture will enable the Group to be ready for future opportunities and challenges.