Lendlease : 2019 Sustainability Market Briefing

6 November 2019

Sustainability Market Briefing

Attached is the presentation to be given today by Cate Harris, Group Head of Sustainability & Lendlease Foundation, Lendlease.

The presentation will be webcast live via www.lendlease.com

ENDS

FOR FURTHER INFORMATION, PLEASE CONTACT:

Investors:	Media:
Justin McCarthy	Stephen Ellaway
Mob: [phone]	Mob: [phone]

Lendlease Corporation Limited ABN 32 000 226 228 and

Lendlease Responsible Entity Limited ABN 72 122 883 185 AFS Licence 308983 as responsible entity for Lendlease Trust ABN 39 944 184 773 ARSN 128 052 595

Level 14, Tower Three, International Towers Sydney	Telephone [phone]
Exchange Place, 300 Barangaroo Avenue	Facsimile [phone]
Barangaroo NSW 2000 Australia	lendlease.com

Barangaroo South

Sustainability Market Briefing

Cate Harris

6 November 2019

Acknowledgement of Country

Lendlease Market Briefing / Sustainability / 2

As a developer, builder and manager of assets on land across Australia, we pay our respect to the traditional owners, especially their elders past and present, and value their custodianship of these lands.

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A key global trend influencing our strategy

Urbanisation

Today, 55 percent of the world's population lives in urban areas, and that's

expected to increase to 68 per cent by 2050. The human shift from rural to urban areas, combined with the overall growth of the world's population, could add another 2.5 billion people to urban areas by 20501.

Global
infrastructure		Funds growth		Technology
Global infrastructure		Global assets under		The exponential growth
spending is estimated to		management are		of internet use has
rise to an average of		forecast to rise from		created a new society of
US$5.1 trillion per year		US$85 trillion in 2016 to		hyper connected citizens.
between now and 20352.		US$145 trillion by 20253.		Estimates predict that by
				2025, on average, every
				connected person will
				have a digital data
				engagement over 4,800
				times per day4.

Ageing population

Internationally, the number of people aged 60+ is projected to grow three times faster than the overall population (2.4% vs 0.8% p.a.) between 2015 and 20505.

Sustainability

Climate change and society's responses to it are now widely recognised as foundational drivers of risk and opportunity within the global economy6.

1. World Urbanization Prospects: The 2018 Revision, United Nations. 2. McKinsey Global Institute: Bridging Infrastructure Gaps - Has the World Made Progress? October 2017. Includes some internal calculations. 3. Asset & Wealth Management Revolution: Embracing Exponential Change, PwC 2017. 4. IDC's DataAge 2025 - The Digitization of the World. 5. World Population Prospects: The 2017 Revision, United Nations.

1. Ref: https://www.apra.gov.au/sites/default/files/climate_change_awareness_to_action_march_2019.pdf.

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One of five focus areas of value creation

Health and Safety

Health and Safety is our number one priority. We remain committed to the health and safety of our people, our subcontractors, and all of those who interact with a Lendlease place.

Financial

A strong balance sheet and access to third party capital enables Lendlease to fund the execution of its pipeline and deliver quality earnings for our securityholders.

Our People

Our people are the greatest contributors to our success and enable us to fulfil our vision to create the best places.

Our Customers

Designing and delivering innovative, customer driven solutions allows us to win the projects we want to win and ultimately deliver the best places.

Sustainability

We pride ourselves on reaching industry firsts - not because they're milestones, it's a signal we're pushing ourselves for better outcomes for people and the planet.