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14 February 2022

2021 Annual Result Presentation

The GPT Group ('GPT') provides its 2021 Annual Result Presentation which is authorised for release by The GPT Group Board.

-ENDS-

For more information, please contact:

INVESTORS AND MEDIA Penny Berger

Head of Investor Relations and Corporate Affairs +61 402 079 955

Level 51, 25 Martin Place, Sydney NSW 2000

www.gpt.com.au

ersonal use only

Annual Result 2021

Market Briefing

14 February 2022

ersonal use only

The GPT Group

acknowledges the

Traditional Custodians of the lands on which our business and assets operate, and recognises their ongoing connection to land, waters and community.

We pay our respects to First Nations Elders past, present and emerging.

Annual Result 2021

ersonal use only

2021 Year in Review | Bob Johnston

4

Finance and Treasury | Anastasia Clarke

8

Office | Martin Ritchie

12

Logistics | Chris Davis

21

Retail | Chris Barnett

28

2022 Outlook | Bob Johnston

37

Agenda

Agenda

Annual Result 2021

2021 Year in review

» Strong momentum in 1H disrupted by Delta outbreak in 2H − Restrictions more severe than 2020

only − Retail rent collections in 3Q fell to 63% of gross billings, recovering to 101% in 4Q − Omicron has been a setback to the recovery

− Melbourne Central continues to be impacted by an inactive CBD

» Logistics portfolio continues to benefit from strong demand and high occupancy

Office portfolio leasing activity improved in 2H despite extended period of work use» from home

» Portfolio valuation gains of $924m driven primarily by Logistics » Continued to execute on strategy

− Logistics 27% of portfolio weighting ersonal − Completed ~$800m of Office developments

− Advanced retail and mixed-use schemes for Highpoint and Rouse Hill Town Centre

− Expanded capital partnership with QuadReal Agenda− On track to deliver Carbon Neutral target in 2024

32 SMITH, PARRAMATTA

THE GPT GROUP | 2021 ANNUAL RESULT

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The GPT Group published this content on 13 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 February 2022 22:41:05 UTC.