4Q FY2021 Financial Results Presentation

Financial Results

for the full year ended 30 September 2021

12 November 2021

Frasers Tower, Singapore

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.

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Glossary

Frasers Property entities
ARF : AsiaRetail Fund Limited	FTREIT : Frasers Property Thailand Industrial
FCT : Frasers Centrepoint Trust	Freehold & Leasehold REIT
FCOT : Frasers Commercial Trust	GOLD : Golden Land Property Development
FHT : Frasers Hospitality Trust	Public Company Limited
FLT : Frasers Logistics & Industrial Trust	GVREIT : Golden Ventures Leasehold Real
FLCT : Frasers Logistics & Commercial Trust	Estate Investment Trust
FPA : Frasers Property Australia	The Group : Frasers Property Limited, together
FPHT : Frasers Property Holdings Thailand Co., Ltd	with its subsidiaries
FPI : Frasers Property Industrial
FPL or Frasers Property : Frasers Property Limited
FPT : Frasers Property (Thailand) Public Company
Limited
Other acronyms
ADR : Average daily rate	NLA : Net lettable area
AEI : Asset enhancement initiative	NSW : New South Wales
AOR : Average occupancy rate	QLD : Queensland
ARR : Average rental rate	Q-o-Q :Quarter-on-quarter
AUM : Assets under management	REIT : Real estate investment trust
ESG: Environmental, Social and Governance	RevPAR : Revenue per available room
FY : Financial year	SBU : Strategic business unit
GDP : Gross domestic product	sqm : Square metres
GDV : Gross development value	UK : United Kingdom
GFA: Gross floor area	VIC : Victoria
JV : Joint venture	WALE : Weighted average lease expiry
N/M: Not meaningful	Y-o-Y :Year-on-year

Additional notes

• In the tables, the arrow direction indicates the increase (up) or decrease (down) of the absolute figure, The colour indicates if the change is positive (green), negative (red) or neutral (black).
• In the tables and charts, any discrepancy between individual amount and the aggregate is due to rounding.
• All balance sheet and portfolio numbers are as at period end, unless otherwise stated.
• All exchange rates are as at period end, unless otherwise stated.

1. S$/A$ : 0.9814 o S$/€ : 1.5723
   o S$/THB : 0.040400
   o S$/1,000 VND : 0.059450
   o S$/RMB : 0.210600
   o S$/£ : 1.8295

Half-yearly reporting of financial results

Following the amendments to Rule 705(2) of the Listing Manual of the SGX-ST which took effect from 7 February 2020, FPL will announce its financial statements on a half-yearly basis with effect from the second half of FY2020.

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Contents

Key highlights

Results and financials

Business unit highlights

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

	5
Capri by Fraser, Leipzig, Germany

Key Highlights

Hermes, Hamburg, Germany