A Track Record of Strong and Stable Returns

Profit after tax of $77.7m, down $28.3m on FY25, incorporating fair value gains on properties of $16.1m, as compared to gains of $70.7m in FY25

Funds From Operations (FFO)1 up 20.7% to 12.90 cents per share (cps), Adjusted Funds From Operations (AFFO) up 14.0% to 10.93 cps

FY26 cash dividends of 9.50 cps, an increase of 10.5% on FY25 cash dividends

Stable valuations across PFI’s $2.30b industrial property portfolio despite ongoing economic and geopolitical volatility, fair value gains on properties of $16.1m or 0.7%, net tangible assets (NTA) up 2.3% to $2.90 per share

Portfolio cashflows remain highly resilient, with growth in contract rents of 7.7% supported by 98.7% occupancy and high cash collection rates, portfolio under-renting of ~7.1% providing future rental growth opportunities

Stage 2 of 78 Springs Road completed in H2 FY26, Stage 1 of Totara Creek Estate construction tracking in line with programme and budget, PFI in advanced negotiations with a prospective tenant to enable Stage 1 of the redevelopment of 92–98 Harris Road, ability to deploy a further ~$335m across Green Star development pipeline

$600m syndicated bank facilities refinanced post-balance date enabling Green funding to increase alongside growth in Green assets, $200m PFI040 bonds issued in April 2026, year-end gearing of 34.2% lifting to ~35.7% after committed acquisitions and development projects

Subject to events beyond PFI’s control, dividend growth expected to continue in FY27, with guidance of 9.75–9.85 cps, an expected increase of ~2.6–3.7% on FY26 dividends, supported by strong earnings and a payout ratio towards the lower bound of PFI’s dividend policy