Fairvest Limited Class A · JSE:FTA

Fairvest Limited Class A — FY2026 Earnings Presentation

23 slides from Fairvest Limited Class A's earnings presentation, September 2026

  1. Slide 1: 2026 Pre-Close Presentation

    2026 PRE-CLOSE PRESENTATION for the year ending 30 September 2026

  2. Slide 2: Agenda

    Agenda OPERATIONAL UPDATE FAIRVEST PORTFOLIO RETAIL PORTFOLIO OFFICE PORTFOLIO INDUSTRIAL PORTFOLIO FINANCIAL UPDATE Q&A Manguzi Shopping Centre Fairvest Limited 1 Pre-close presentation for the year ending 30 September 2026

  3. Slide 3: Operational Update to August 2026

    OPERATIONAL UPDATE TO AUGUST 2026 DARREN WILDER CEO Masingita Shopping Centre

  4. Slide 4: Fairvest at a glance

    Fairvest at a glance Bara Precinct at 31 August 2026 132 assets Diverse portfolio of R14.2 billion 1 088 497m² of GLA (Mar ‘26: 130) (Mar ‘26: R13.5 billion) (Mar ‘26: 1 055 197m²) Vacancy remained at 5.1% Investments 20.1% in Dipula Market cap R15.8 billion (Mar ‘26: 5.1%) (Mar ‘26: 23.6%) (Mar ‘26

  5. Slide 5: Highlights to August 2026

    Highlights to August 2026 Distribution per B share for the year is expected to increase at the upper end of the guidance range of 11% to 13% R900 million capital raised through an accelerated book build during April 2026 Average gross rental per m² R142.96 (Mar ‘26: R137.35) Retail revenue 71.4% (Ma

  6. Slide 6: Acquisitions and disposals

    Acquisitions and disposals Jozini Mall Acquisitions GLA Purchase price* Property name Location Sector (m²) (R’000) Yield Anchor tenants Transfer date Jozini Mall Jozini, KwaZulu-Natal Retail 19 188 415 713 10.17% Shoprite 10 July 2026 Tugela Ferry Mall Tugela Ferry, KwaZulu-Natal Retail 14 853 286 3

  7. Slide 7: Fairvest Portfolio

    FAIRVEST PORTFOLIO DARREN WILDER CEO South View Shopping Centre

  8. Slide 8: Group operational highlights

    Group operational highlights at 31 August 2026 15 Sector WHERE WE ARE breakdown based on revenue 59 2 6 19 TOTAL 5 4 132 71.4% Retail 10 18.2% Office 12 10.4% Industrial Vacancy Tenant retention Positive rental reversion 5.1% 84.3% 5.6% (Mar ‘26: 5.1%) (Mar ‘26: 83.8%) (Mar ‘26: 5.7%) Average gross

  9. Slide 9: Portfolio leasing activity

    Portfolio leasing activity Westgate Mall NEW DEALS RENEWALS August August August August 2026 2025 2026 2025 Number of leases 460 485 Number of leases 439 451 Total GLA (m2) 128 821 111 977 Total GLA (m2) 126 237 149 384 Average gross rental achieved (R/m2) 104.19 100.46 Average gross rental expiry (

  10. Slide 10: Retail Portfolio

    RETAIL PORTFOLIO DARREN WILDER CEO Cosmos Centre

  11. Slide 11: Retail portfolio highlights

    Retail portfolio highlights at 31 August 2026 10 WHERE WE ARE 20 2 5 15 5 4 10 TOTAL 8 79 Access Park Number of properties Total gross lettable area Vacancy Tenant retention 79 606 258m² 4.3% 86.3% (Mar ‘26: 77) (Mar ‘26: 571 819m²) (Mar ‘26: 4.3%) (Mar ‘26: 83.1%) Positive rental reversion Average

  12. Slide 12: Retail leasing activity

    Retail leasing activity Access Park NEW DEALS RENEWALS August August August August 2026 2025 2026 2025 Number of leases 280 301 Number of leases 318 321 Total GLA (m2) 40 322 41 817 Total GLA (m2) 63 919 82 564 Average gross rental achieved (R/m2) 147.48 143.27 Average gross rental expiry (R/m2) 194

  13. Slide 13: Office Portfolio

    OFFICE PORTFOLIO DARREN WILDER CEO Rosebank Quarter

  14. Slide 14: Office portfolio highlights

    Office portfolio highlights at 31 August 2026 2 WHERE WE ARE 19 1 3 TOTAL 3 28 Tijger Park Number of properties Total gross lettable area Vacancy Tenant retention 28 209 271m² 8.6% 84.3% (Mar ‘26: 28) (Mar ‘26: 208 826m²) (Mar ‘26: 8.4%) (Mar ‘26: 87.3%) Positive rental reversion Average gross renta

  15. Slide 15: Office leasing activity

    Office leasing activity Sandton Sunninghill Place NEW DEALS RENEWALS August August August August 2026 2025 2026 2025 Number of leases 117 109 Number of leases 57 66 Total GLA (m2) 34 462 24 832 Total GLA (m2) 29 569 29 402 Average gross rental achieved (R/m2) 134.64 115.14 Average gross rental expir

  16. Slide 16: Industrial Portfolio

    INDUSTRIAL PORTFOLIO DARREN WILDER CEO Westview Industrial Park

  17. Slide 17: Industrial portfolio highlights

    Industrial portfolio highlights at 31 August 2026 3 WHERE WE ARE 20 1 TOTAL 1 25 Germiston Route 24 Number of properties Total gross lettable area Vacancy Tenant retention 25 272 968m² 4.2% 81.5% (Mar ‘26: 25) (Mar ‘26: 274 552m²) (Mar ‘26: 4.3%) (Mar ‘26: 82.6%) Positive rental reversion Average gr

  18. Slide 18: Industrial leasing activity

    Industrial leasing activity Westview Industrial Park NEW DEALS RENEWALS August August August August 2026 2025 2026 2025 Number of leases 63 75 Number of leases 64 64 Total GLA (m2) 54 037 45 328 Total GLA (m2) 32 749 37 418 Average gross rental achieved (R/m2) 52.47 52.92 Average gross rental expiry

  19. Slide 19: Financial Update

    FINANCIAL UPDATE JACQUES KRIEL CFO Access Park

  20. Slide 20: Financial update

    Financial update LTV is expected to be below 27% Approximately 60% of debt is expected All bank covenants expected at 30 September 2026 to be fixed at 30 September 2026 to be comfortably met Inaugural bond auction scheduled for 29 September 2026, Distribution per B share for the year is expected to

  21. Slide 21: Thank You

    THANK YOU Sebokeng Plaza

  22. Slide 22: Q&A

    Q&A Mala Plaza

  23. Slide 23: www.fairvest.co.za

    www.fairvest.co.za

Fairvest — FY2026 Earnings Presentation on 6ix