Attacq Limited · JSE:ATT

Attacq — FY2026 Earnings Presentation

78 slides from Attacq's earnings presentation, September 2026

  1. Slide 1: Annual results for the year ended 30 June 2026

    Annual results for the year ended 30 June 2026 Attacq.co.za

  2. Slide 2: Agenda

    Agenda 3 Performance highlights and strategic business alignment Jackie van Niekerk 6 Operational South African portfolio Michael Clampett 14 Developing Waterfall City David Oosthuizen 30 Financial results Peter de Villiers 38 Guidance and prospects Jackie van Niekerk 40 Questions and answers Runner

  3. Slide 3: Performance highlights

    Performance highlights South Africa’s most valuable REIT Normalised distributable income Dividend per share (DPS) growth Interest cover ratio (ICR) Gearing GCR credit rating per share (DIPS) increased by 17.2% to 102.0 cps 3.21 times 25.0% A+ [ZA] Stable outlook 15.5% to 125.1 cps Jun 2025: increase

  4. Slide 4: Strategic business alignment

    Strategic business alignment Sector split by asset value (%) Total* Normalised DIPS Normalised DIPS 11.8 growth 125.1cps 2.6 Jun 2025: 108.3 cps 15.5% Jun 2025: 25.6% 31.9 4.3 22.9 1.3 Lynnwood Bridge Precinct, Pretoria Waterfall City Brooklyn Precinct, Rest of 5.7 Pretoria 3.4 DIPS DIPS growth Sout

  5. Slide 5: Attacq Limited our strategy

    Attacq Limited our strategy Our purpose: Creating places that put people first Our mission: Attacq transforms precincts and communities with integrity, creativity, and collaboration Why do we exist - delivering sustainable value through innovative, client-focussed solutions Our values What is import

  6. Slide 6: Operational South African portfolio

    Taxi Rank, Garden Route Mall, George Operational South African portfolio Waterfall City and the Rest of South Africa

  7. Slide 7: Places that put people first

    Places that put people first 14 000 12 640 80 Izinga Transport Hub 12 000 77.3 9 617 60 • Opened on 5 March 2026 10 000 • Consolidated taxi and delivery service facilities 8 000 55.1 at Mall of Africa 40 6 000 4 309 • Serviced 125 800 vehicles in its first month, 4 000 2 741 peaking at 149 124 vehic

  8. Slide 8: Creating retail communities at Mall of Africa

    Creating retail communities at Mall of Africa Orlando Pirates and Liverpool FC • Two iconic football brands opened new retail stores • Strong launch-day demand, with queues at both store openings • New jersey releases drove additional footfall and repeat visits • Enhanced fan engagement through imme

  9. Slide 9: Portfolio highlights

    Portfolio highlights Net operating income (NOI) (%) Like-for-like valuation changes (%) 120.0 Retail-experience 4.2 hubs Net operating income Collaboration hubs 3.1 • Newly completed Vantage JNB 12.1 2.3 +56.8% 100.0 3.3 increased the proportion of NOI from 3.5 +7.0% 3.5 Logistics hubs 1.0 the Other

  10. Slide 10: South African portfolio leasing activity

    South African portfolio leasing activity Occupancy (m2) Renewals and new deals* (%) 900 000 Net occupancy gain of 28 478 m² Retail- experience Collaboration Logistics 42 488 (2 914) (1 484) 753 329 724 851 (135 507) 125 895 hubs hubs hubs Total 750 000 Number of expired leases 272 32 2 306 600 000 O

  11. Slide 11: Retail-experience hubs performance

    Retail-experience hubs performance Effort ratio* (%) 15 0.1% Weighted average Client turnover rent Non-GLA income 3.1% annual trading 12.0 2.0% density increased by increased by 10 1.0% 4.1% 8.5% 15.6% 10.3 % 9.4 4.2% 3.7% growth 8.5 (1.1%) to R44.7 million to R38.4 million 7.9 7.9 7.5 to R4 434 /m²

  12. Slide 12: Well-contained property expenses

    Well-contained property expenses Employee expenses 60 000 Security Expenses 10.1%, 61 010 13.7%, 58 287 • Security expenses increased due to the addition of a new R-value of property expenditure (R’000) guardhouse at Ingress, security complement adjustments at Repairs and 50 000 maintenance Eikestad

  13. Slide 13: Utility management

    Utility management Property cost-to-income ratio (%) Energy mix (%) 25.0 Total completed SA portfolio Jun 2026 Jun 2025 90.8 13.7 Net cost-to-income ratio1 21.5 22.3 9.1 Renewable energy FY25 1 Calculation: (property expenses per income statement + repayment of lease 0.1 0.1 0.1 actuals liability in

  14. Slide 14: Developing Waterfall City

    Gateway East construction, Waterfall City Developing Waterfall City Where living works

  15. Slide 15: Developing Waterfall City overview

    Developing Waterfall City overview Completed: Vantage data centre, JNB 12.1 Hotel and Conference Centre and Ellipse Waterfall, phase 3 (Galileo construction commenced post year Tower) end R2.2 billion DEVELOPMENT Construction Aspire construction Total development activity (cost) commenced on commenc

  16. Slide 16: Infrastructure development at Waterfall City

    Infrastructure development at Waterfall City Waterfall City infrastructure Entrance into Waterfall City’s inner city • The fourth entrance into Waterfall City’s inner city under construction as part of the successful conversion of c.49 000m2 of collaboration hub rights into 1 150 residential opportu

  17. Slide 17: Waterfall City infrastructure

    Waterfall City infrastructure 17 ATTACQ | Annual results for the year ended 30 June 2026 September 2026

  18. Slide 18: Completed developments residential scheme

    Completed developments residential scheme Ellipse Waterfall GSA*: 45 864m² Land Parcel: 10 Sector: Residential Total sold: 98.1% Sustainability and cost reduction initiatives 4-star GBCSA Green Building Certification achieved (by design) Phase 1, Newton and Kepler towers (270 units, GSA: 17 044m²) •

  19. Slide 19: Completed developments data centre / other

    Completed developments data centre / other Vantage data centre JNB 12.1 of Phase 2 GLA on completion: 11 151 m² Land Parcel: 9 North Sector: Other Partnership: 50% JV with Vantage Data Centers on the “Dark Shell” and land area Design efficiencies • 1 double storey building consisting of 4 data halls

  20. Slide 20: Mall of Africa a catalyst for development

    Mall of Africa a catalyst for development 20 ATTACQ | Annual results for the year ended 30 June 2026 September 2026

  21. Slide 21: Developments under construction collaboration hub

    Developments under construction collaboration hub Gateway East GLA on completion: 12 605 m2 Sector: Collaboration hubs (A-grade) and retail/restaurants Location: Adjacent to Gateway West, Mall of Africa entrance (Waterfall City focal point) Total development cost: R361.1 million Estimated practical

  22. Slide 22: Pipeline developments residential scheme

    Pipeline developments residential scheme Aspire Waterfall City Sales to date: 164 sales* with a total value of R427.8 million (75.6% of units, 146 units bankable sales, R372.1million) GSA on completion: ±14 316m² Retail and lifestyle GLA on completion: ±2 163m² Total GSA/GLA on completion: 16 479m2

  23. Slide 23: Pipeline developments retail-experience hubs

    Pipeline developments retail-experience hubs Rendering of Pantry store at Mall of Africa, Waterfall City Pantry GLA on completion: 1 411 m2 Integrated holistic approach Sector: Retail Experience hubs • Activates street edge with convenience retail Location: Mall of Africa (Karkloof Street retail act

  24. Slide 24: Pipeline developments Waterfall City Conference Centre and Hotel

    Pipeline developments Waterfall City Conference Centre and Hotel Waterfall City Conference Centre and Hotel GLA on completion: 15 883 m² total (180 rooms) Sector: Hospitality and conferencing Location: South-eastern corner of Mall of Africa Ownership : 75% AWIC, 25% Rabie Property Group Total develo

  25. Slide 25: Waterfall City Conference Centre and Hotel

    Waterfall City Conference Centre and Hotel 25 ATTACQ | Annual results for the year ended 30 June 2026 September 2026

  26. Slide 26: Pipeline developments City Lodge Hotel expansion

    Pipeline developments City Lodge Hotel expansion City Lodge expansion GLA on completion: 5 550m² (expansion 1 545 m²) Sector: Hospitality Rooms : 205 (incl of expansion of 55 rooms) Total development cost: R62.7million Estimated practical completion: Q3FY27 Design efficiencies • Originally developed

  27. Slide 27: Waterfall City Junction overview

    Waterfall City Junction overview 27 ATTACQ | Annual results for the year ended 30 June 2026 September 2026

  28. Slide 28: Pipeline development logistics hubs

    Pipeline development logistics hubs Client-led warehouse Sector: Logistics hubs GLA: 15 182 m2 JV partner: Client 50%, Sanlam 25%, AWIC 25% Location: Waterfall City Junction, phase 1 Total development cost: R337.9 million (effective R84.5 million) Estimated practical completion: Development period o

  29. Slide 29: Developments under construction logistics hubs (continued)

    Developments under construction logistics hubs (continued) Speculative LP3 warehouse Sector: Logistics hubs GLA: 22 142 m2 JV partner: Sanlam 50/50 Location: Waterfall City Junction, phase 1 Total development cost: R262.2 million (effective R131.1 million) Estimated practical completion: Q3FY27 Sust

  30. Slide 30: Financial results

    Nexus Collaboration Hub Park, Waterfall City Financial results

  31. Slide 31: Financial highlights

    Financial highlights Normalised distributable Full year dividend NAVPS Group Interest Weighted average cost GCR income per share per share growth gearing cover ratio of debt decreased to credit rating Increased Increased by 5.8% to R20.04 Reduced to Improved to 8.7 % A+[ZA] by 15.5% 17.2% (Jun 2025:

  32. Slide 32: Distributable income per focus area

    Distributable income per focus area R’000 Jun 2026 Jun 2025 % change Increase from higher NOI (rental escalations, improved occupancy levels and income from Waterfall City 435 708 385 857 12.9 newly developed buildings), and lower net finance costs (reduced cost of debt) Increase from higher NOI (re

  33. Slide 33: Distributable income and dividend

    Distributable income and dividend R’000 1 000 000 16 041 21 139 135 241 (3 445) (2 930) 888 499 900 000 (8 740) (27 240) R713.8m dividend 800 000 payment 758 433 (80.3% payout ratio) 700 000 600 000 R174.7m retained 500 000 Distributable NOI Newly Net lower Other Higher Developing Minority Distribut

  34. Slide 34: Balance sheet per focus area

    Balance sheet per focus area R’000 Jun 2026 Jun 2025 % change Increase from net positive fair value adjustments, completion of Vantage JNB 12.1, and Waterfall City 17 405 700 16 298 562 6.8 development capex, net of Ellipse unit sales and the related reduction in inventory Rest of South Africa 7 416

  35. Slide 35: Investment properties movement

    Investment properties movement Investment properties (R’million) 23 500 862.5 23 089.1 (39.4) (32.2) 23 000 (45.6) 22 500 733.3 22 000 21 610.5 21 500 21 000 Jun 2025 Additions / Completed buildings IFRS 16 ROU* DUC** Leasehold Jun 2026 capex assets land and other Fair value adjustments * ROU: Right

  36. Slide 36: Interest-bearing borrowings

    Interest-bearing borrowings Available liquidity (%) Interest-bearing borrowings Jun 2026 Jun 2025 Gross interest-bearing debt (R’000) 7 025 408 6 775 832 15.0 Weighted average loan term (years) 3.2 4.0 Hedged as a percentage of total drawn facilities (%) 80.7 86.8 43.1 Jun 2026 Weighted average term

  37. Slide 37: Interest-bearing borrowings continued

    Interest-bearing borrowings continued Debt and hedge maturity (R’000) 2 500 Funding mix (%) 36.9% 29.5% 29.2% 2 093 FY26 outside 2 073 2 049 2 000 31.0% FY25 inside 23.1% 1 760 10.0 1 627 25.6 10.3 11.4 1 500 17.2% 18.4% 1 208 17.1 1 042 13.7% 23.0 1 000 Jun 2026 778 R7.0 billion 4.3 40.6 500 4.4 1.

  38. Slide 38: Guidance & prospects

    Corporate Campus, Campus Cafe, Waterfall City Guidance & prospects

  39. Slide 39: Guidance and prospects

    Guidance and prospects DIPS cps CAGR* from FY21 to FY26 = 21.7% 150.0 +6.0% to 136.4 3.8 2.0 9.0% 132.6 +21.7% 125.1 DIPS full year Dividend payout Guidance based on 100.0 108.3 guidance ratio normalised DIPS +25.6% +14.5% +19.9% 86.2 6.0% to 9.0% 80.0% 71.9 50.0 +34.2% 62.8 growth 46.8 0.0 FY21 FY2

  40. Slide 40: Questions & answers

    Sunset over ferris wheel, Waterfall City Questions & answers

  41. Slide 41: Appendices

    Spelling Bee, MooiRivier Mall, Potchefstroom Appendices

  42. Slide 42: South African portfolio building profile

    South African portfolio building profile Geographical profile by GLA and gross monthly rental (GMR) (%) Sectoral profile by GLA (%) Sectoral profile by GMR (%) FY26 FY26 FY26 2.0 FY26 2.5 3.6 3.5 82.0 82.5 9.4 2.2 1.3 81.9 82.2 21.8 2.5 3.6 21.9 9.0 40.8 FY25 41.0 FY25 FY25 FY25 52.0 50.8 (inside) (

  43. Slide 43: South African portfolio building profile Waterfall City and ROSA

    South African portfolio building profile Waterfall City and ROSA* Geographical profile by GLA and gross monthly rental (GMR) (%) Sectoral profile by GLA (%) Sectoral profile by GMR (%) 18.7 3.0 4.8 Waterfall 17.7 Waterfall 100.0 City 100.0 2.33.0 City 5.4 3.0 28.8 26.9 28.5 14.4 32.9 42.4 GLA GMR 49

  44. Slide 44: South African portfolio client profile

    South African portfolio client profile Client profile (%) Sectoral profile by GLA (%) Sectoral profile by GMR (%) 8.6 3.6 3.4 3.6 13.1 6.4 4.4 6.5 5.3 33.1 4.1 36.7 8.1 28.3 5.0 GLA GMR GLA GMR 28.8 4.7 58.2 7.3 63.1 3.7 8.7 5.0 11.8 21.9 16.7 A-grade B-grade C-grade Other Motor Fashion Financial se

  45. Slide 45: Collaboration hubs building grading

    Collaboration hubs building grading GLA (%) SAPOA definitions of Office grading 9.2 14.4 P-grade (Prime grade) Top quality, modern space. A prime building is often considered iconic 9.1 14.3 33.2 19.8 and a flagship in its market and a pace-setter in establishing rentals. Essential features include

  46. Slide 46: South African portfolio occupancy report per sector

    South African portfolio occupancy report per sector Jun 2026 Jun 2025 Occupied GLA# Occupied GLA# Waterfall Rest of Total Waterfall Rest of Total City South Africa Total GLA City South Africa Total GLA Occupancy - Sector % % % m² % % % m² Retail-experience hubs 98.5 97.1 97.7 330 219 99.0 95.9 97.2

  47. Slide 47: South African portfolio top clients per sector

    South African portfolio top 5 clients per sector by % GLA by % gross rental Top 5 clients Jun 2026 Jun 2025 Top 5 clients Jun 2026 Jun 2025 Retail-experience hubs Retail-experience hubs Shoprite Checkers 4.0 4.1 The Foschini Group 4.2 4.1 Woolworths 3.9 4.1 Shoprite Checkers 2.9 2.9 The Foschini Gro

  48. Slide 48: South African portfolio renewals and valuations

    South African portfolio renewals and valuations Client YTD expired retention rate Client success rate Gross rent reversion Escalation GLA (based on GLA) (based on GLA)* rate* rate* Sector m² % % % % Retail-experience hubs 101 911 94.3 97.2 4.6 5.8 Collaboration hubs 26 181 85.4 94.5 (1.1) 7.3 Logist

  49. Slide 49: South African portfolio lease expiry profile

    South African portfolio lease expiry profile Portfolio WALE# 4.1 years Jun 2025: 4.2 years Lease expiry profile^ - GLA (m2) 200 000 21.0% 18.9% 17.0% 13.7% 9.4% 12.1% 100 000 5.1% 2.8% 0 Vacant Monthly 2027 2028 2029 2030 2031 2032+ Hotel — — — — — 7 946 — 12 021 Logistics hubs 4 853 — 18 489 31 987

  50. Slide 50: Waterfall City lease expiry profile / Rest of South Africa

    Waterfall City lease expiry profile Portfolio WALE# 4.5 years Lease expiry profile^ - GLA (m2) 300 000 200 000 21% 24.1% 11% 16% 100 000 5.8% 8% 10% 4% 0 Vacant Monthly 2026 2027 2028 2029 2030 2031+ Hotel — — — — — — — 12 021 Logistics hubs 4 853 — 18 489 31 987 4 419 2 816 58 141 52 666 Collaborat

  51. Slide 51: South African portfolio overview

    South African portfolio overview Retail-experience hubs Collaboration hubs Logistics hubs Hotel Other Jun 2026 Jun 2025 Jun 2026 Jun 2025 Jun 2026 Jun 2025 Jun 2026 Jun 2025 Jun 2026 Jun 2025 Number of buildings 9 9 30 30 18 18 3 3 3 2 GLA (m2) 330 219 330 791 254 047 254 866 173 371 173 108 20 405

  52. Slide 52: Waterfall City portfolio overview

    Waterfall City portfolio overview Retail-experience hubs Collaboration hubs Logistics hubs Hotel Other Jun 2026 Jun 2025 Jun 2026 Jun 2025 Jun 2026 Jun 2025 Jun 2026 Jun 2025 Jun 2026 Jun 2025 Number of buildings 3 3 26 26 18 18 2 2 3 2 GLA (m2) 141 563 141 299 184 072 184 924 173 371 173 108 12 459

  53. Slide 53: Rest of South Africa portfolio overview

    Rest of South Africa portfolio overview Retail-experience hubs Collaboration hubs Hotel Jun 2026 Jun 2025 Jun 2026 Jun 2025 Jun 2026 Jun 2025 Number of buildings 6 6 5 5 1 1 GLA (m2) 188 656 189 492 69 975 69 942 7 946 7 946 Value (R’000) 5 397 881 5 188 972 1 674 040 1 604 835 247 847 246 609 % of

  54. Slide 54: Property fundamentals trends

    Property fundamentals trends Retail-experience hubs trends Gross rental (R/m²) Rolling 12-months turnover^ (Rbn) Effort ratio* (%) 300 16.0 10 14.9 15.5 9.0 200 12.0 8.3 8.3 8.3 8.6 12.7 11.9 10.2 100 8.0 5 0 4.0 Jun Jun Jun Jun Jun 2022 2023 2024 2025 2026 0.0 0 Jun Jun Jun Jun Jun Jun Jun Jun Jun

  55. Slide 55: Retail-experience hub performance

    Retail-experience hub performance 12-month average trading density^ 12-month average rent ratio* 12-month average effort ratio** Jun 2026 Jun 2025 Growth % / Jun 2026 Jun 2025 Growth % / Jun 2026 Jun 2025 Growth % / Retail-experience hubs R/m 2 R/m 2 (Decline %) % % (Decline % ) % % (Decline %) Supe

  56. Slide 56: Results per retail category

    Results per retail category % of area % of total % trading Retail category Secondary category (GLA) turnover density growth Accessories, jewellery and watches Accessories, Fine jewellery, Watches 0.7 1.5 4.4 Men’s wear, Women’s wear, Children’s wear, Unisex wear, Lingerie & swimwear, Shoes, Sports w

  57. Slide 57: Retail category performance

    Retail category performance Electronics 12 500 1.2 %, R11 404 Accessories 6.0% 4.4%, R9 845 Health & Beauty 10 000 Luggage 10.0%, R9 213 6.1% 6.2%, R8 436 Annual trading density (R/m2) 1.5% 1.6% 7 500 Food services 11.0% Speciality 1.9 %, R5 866 0.3%, R5 267 Eyewear & optometrists 5.4%, R5 904 5 000

  58. Slide 58: Super- and regional retail-experience hub footcount

    Super- and regional retail-experience hub footcount Total – FY26 vs FY25 (%) Mall of Africa - FY26 vs FY25 (%) Garden Route Mall - FY26 vs FY25 (%) 10.5 6.0 6.1 4.2 3.8 1.5 1.4 2.7 2.2 0.5 0.5 0.6 (0.3) (1.8) (2.7) (3.1) (2.8) (3.9) (0.8)(0.5) (3.5) (3.6) (4.2) (1.6) (5.7) (6.0) (2.9) (2.5) (3.0) (7

  59. Slide 59: South African portfolio overview

    South African portfolio overview Waterfall City - Retail-experience hubs GLA Valuation Value Property name Classification Location Key clients m² R’000 R/m² Ellipse - Retail Convenience Waterfall City Olives & Plates 402 7 162 17 816 Mall of Africa Super-regional Waterfall City Checkers Hyper, Game,

  60. Slide 60: South African portfolio overview continued

    South African portfolio overview continued Waterfall City - Collaboration hubs GLA Valuation Value Property name Key clients m² R’000 R/m² Allandale building Dell, Honeywell, iOCO, Nokia and Reckitt Benckiser 15 522 334 146 21 527 Gateway West Sage South Africa, Spaces and FNB 13 803 365 432 26 475

  61. Slide 61: South African portfolio overview continued

    South African portfolio overview continued Rest of South Africa - Collaboration hubs GLA Valuation Value Property name Location Key clients m² R’000 R/m² Brooklyn Bridge Office Park Pretoria Circle Chambers, SARS 23 246 276 547 11 897 Lynnwood Bridge - Auditor General of SA Pretoria Auditor General

  62. Slide 62: South African portfolio overview continued

    South African portfolio overview continued Waterfall City - Logistics hub GLA Valuation Value Property name Key clients m² R’000 R/m² Amrod head office and distribution centre* Amrod 20 687 243 964 11 793 BMW Group SA regional distribution centre BMW 31 987 330 753 10 340 Cotton On head office and d

  63. Slide 63: South African portfolio overview continued

    South African portfolio overview continued Waterfall City - Hotel portfolio GLA Valuation Value Property name Key clients m² R’000 R/m² City Lodge Hotel - Waterfall City City Lodge 5 744 173 366 30 182 Nexus Waterfall - Courtyard Hotel City Lodge 6 715 252 190 37 556 Total 12 459 425 556 34 157 Rest

  64. Slide 64: Mixed-use precinct Waterfall City

    Mixed-use precinct Waterfall City 64 ATTACQ | Annual results for the year ended 30 June 2026 September 2026

  65. Slide 65: Completed developments

    Completed developments Ellipse Vantage Galileo JNB 12.1 Tower Ellipse Waterfall, Waterfall City Currently Total Effective pre-let/ GSA/GLA* GSA/GLA* pre-sold Practical Developments under construction m² m² % completion date Waterfall City – Residential Ellipse Waterfall, phase 3 – Galileo Tower ^ &

  66. Slide 66: Development activity developments under construction

    Development activity developments under construction Gateway East LP3 Gateway East, Waterfall City warehouses Effective Currently Anticipated Total Effective Total estimated estimated pre-let/ % of completion practical GSA/GLA* GSA/GLA* capital cost^ capital cost^ pre-sold based on spend, completion

  67. Slide 67: Development activity approved pipeline

    Development activity approved pipeline Pantry Conference Centre & Hotel Aspire Waterfall City Client-led Rendering of the Pantry Waterfall City warehouses Total Effective Total estimated Effective estimated Currently pre-let/ Estimated practical GSA / GLA* GSA / GLA* capital cost capital cost pre-so

  68. Slide 68: Waterfall City leasehold land

    Waterfall City leasehold land Jun 2026 Retail/ Total mixed Office Logistics Hotel Residential Other Land parcel number m² m² m² m² m² m² m² Waterfall City LP 8 Distribution Campus (Logistics hubs) 24 668 – – 24 668 – – – LP 10 Waterfall City (Retail-experience hubs, residential, collaboration hubs a

  69. Slide 69: Developments at Waterfall City

    Developments at Waterfall City 1.9 1.1 6.0 14.2 11.7 5.5 Waterfall Remaining 8.7 City (%) bulk (%) Effective 48.1 Effective bulk#: bulk#: 45.0 2 242 171 m² 1 078 386 m² 30.7 27.1 Total remaining bulk Collaboration hubs Completed - held Logistics hubs Completed - sold Hotel Bulk - sold Residential Un

  70. Slide 70: Cash to distributable income reconciliation

    Cash to distributable income reconciliation R'000 Jun 2026 Jun 2025 Net cash generated from operating activities 1 253 396 926 015 Adjusted for working capital movements (23 317) 106 739 Movement in accounts receivable 67 335 21 509 Movement in inventory (51 084) 37 785 Movement in accounts payable

  71. Slide 71: Direct method distributable income

    Direct method distributable income Waterfall Rest of Other R’000 City South Africa investments Total Rental income 2 022 858 1 097 183 - 3 120 041 Per the income statement 1 970 592 1 097 183 - 3 067 775 Other rental income 52 266 - - 52 266 Property expenses (851 889) (406 464) - (1 258 353) Per in

  72. Slide 72: Net asset value bridge

    Net asset value bridge R’million 18 500 1 443.7 42.7 18 000 (64.0) (7.2) 198.2 17 550.3 17 500 (636.8) (10.9) 17 000 16 584.8 16 500 16 000 15 500 15 000 Jun 2025 Profit for SBP Settlement Other Dividends FCTR Non-controlling Jun 2026 the reserve of SBP comprehensive interest period income 72 ATTACQ

  73. Slide 73: South African portfolio net operating income

    South African portfolio net operating income R’000 2 000 21 139 1 898 716 114 660 Like-for-like net operating income (12 140) per sector* % Change 1 800 1 775 057 Retail-experience hubs 5.3 Collaboration hubs 4.1 Logistics hubs 6.2 1 600 Hotel 5.8 Other 14.0 Total 6.6 1 400 1 200 Jun 2025 Plus: Plus

  74. Slide 74: Corporate information

    Corporate information 01 02 03 Independent non-executive directors Executive directors Company secretary IN Mkhari (Chairperson) GT Rohde JR van Niekerk (CEO) S Scheepers, sureya@attacq.co.za HR El Haimer TP Leeuw PL de Villiers (CFO) (Lead independent) L Sebesho Head of investor relations BI Botha;

  75. Slide 75: Disclaimer

    Disclaimer This presentation and any materials distributed in connection with this presentation may include certain forward-looking statements beliefs or opinions including statements with respect to the company’s business financial condition and results of operations. These statements which contain

  76. Slide 76: Excellence comes standard

    Excellence comes standard Nexus 1, Ground Floor, 44 Magwa Crescent, Waterfall City, 2090 www.attacq.co.za

  77. Slide 77: Financial results

    Financial results Courtyard Hotel entrance, Waterfall City

  78. Slide 78: Questions & answers

    Questions & answers Sunset over Ferris wheel, Waterfall City

Attacq — FY2026 Earnings Presentation on 6ix