Charter Hall Social Infrastructure Reit · ASX:CQE
Charter Hall Social Infrastructure Reit — FY2026 Earnings Presentation
31 slides from Charter Hall Social Infrastructure Reit's earnings presentation, Aug 4, 2026
Slide 1: 2026 Full Year Results
Charter Hall Social Infrastructure REIT 2026 Full Year Results ASX:CQE Charter Hall Social Infrastructure REIT 2026 Full Year Results
Slide 2: Agenda
Agenda 1. 2026 Full Year Highlights and Strategy 2. Financial Performance 3. Portfolio Update 4. Outlook and Guidance 5. Additional Information Charter Hall managed asset NAIDOC Week at 130 Lonsdale Street, Melbourne VIC Acknowledgement of Country Charter Hall acknowledges the Traditional Custodians
Slide 3: 2026 Full Year Highlights and Strategy
2026 Full Year Highlights and Strategy 1 Charter Hall Social Infrastructure REIT 2026 Full Year Results Western Sydney University (WSU) campus Parramatta, NSW 3
Slide 4: 2026 Full Year Highlights
2026 Full Year Highlights and Strategy 2026 Full Year Highlights Operating earnings per unit growth of 13.1% driven by accretive portfolio curation and strong organic rental growth Operating Earnings per Unit Acquisitions NTA per Unit 17.3 cpu $291.9m / 6.2% yield $3.93 13.1% increase on FY25 Accret
Slide 5: CQE Strategy Social Infrastructure Property
2026 Full Year Highlights and Strategy CQE Strategy Social Infrastructure Property Providing investors with resilient income and capital growth from a social Essential services Long WALE High-quality tenant providing lower correlation due to strategic covenants infrastructure property to the economy
Slide 6: Delivering on social infrastructure strategy with accretive portfolio curation yield spread of 1.8%
2026 Full Year Highlights and Strategy Delivering on social infrastructure strategy with accretive portfolio curation yield spread of 1.8% – Portfolio curation has delivered significantly improved portfolio quality and delivered a positive yield spread of 1.8% with the following net transaction acti
Slide 7: A diversified social infrastructure property portfolio delivering essential community services
2026 Full Year Highlights and Strategy A diversified social infrastructure property portfolio delivering essential community services 9.6% growth in property portfolio value to $2.3 billion SI Sub-sector by % of income as at 30 June 2026 30 June 2026 Portfolio Property Value ($bn) 2.3 Life Sciences
Slide 8: Acquisition of a pathology laboratory with a 20-year triple net lease to an ASX-50 tenant
2026 Full Year Highlights and Strategy Acquisition of a pathology laboratory with a 20-year triple net lease to an ASX-50 tenant – In June 2026, CQE acquired a 25% interest in a world-class integrated pathology laboratory fully leased to Sonic Healthcare Limited (Sonic) located in Brisbane, Queensla
Slide 9: Purpose built WSU university campus with over 16 year WALE and 3.75% fixed annual increases
2026 Full Year Highlights and Strategy Purpose built WSU university campus with over 16 year WALE and 3.75% fixed annual increases – CQE increased its higher education exposure through the acquisition of a 50% interest in the university campus fully leased to Western Sydney University, located at 1
Slide 10: Financial Performance
Financial Performance 2 Charter Hall Social Infrastructure REIT 2026 Full Year Results Geoscience Australia facility Canberra, ACT 10
Slide 11: Earnings Summary
Financial Performance Earnings Summary $m1 FY25 FY26 % change Net Property Income - LFL 97.2 101.2 4.2% - Strong like-for-like net property income growth of 4.2%, supported by accretive portfolio Net Property Income – Transactions 11.8 18.7 curation Total Net Property Income 109.0 119.9 10.0% - Incr
Slide 12: Balance Sheet
Financial Performance Balance Sheet $m 30 June 2025 30 June 2026 - New acquisitions totalling $234.51 million were Cash 20.0 33.6 added to the portfolio in FY26 including interests in WSU university campus, Sonic Investment Properties 1,930.7 1,985.3 pathology laboratory and the Geosciences facility
Slide 13: Capital Management
Financial Performance Capital Management Key metrics as at 30 June 2026 - Balance sheet gearing remains below the Debt summary FY27 Average Hedging midpoint of CQE’s 30-40% target gearing range Facility Limit ($m) 992 Debt Hedged ($m) 639 - Highly hedged position with new hedging Drawn Debt ($m) 898
Slide 14: Portfolio Update
Portfolio Update 3 Charter Hall Social Infrastructure REIT 2026 Full Year Results Early Learning Centre 14
Slide 15: Enhanced portfolio quality through tenant and geographic diversification
Portfolio Update Enhanced portfolio quality through tenant and geographic diversification Tenant profile1 Geographic diversification1 Geoscience Australia 8% Other Early Learning Sonic Pathology Group VIC 21% 7% 19% QLD 31% Mater Misericordiae 5% Other Life Sciences & Busy Bees Health 3% Triple Net2
Slide 16: Portfolio WALE remains strong at 11.4 years
Portfolio Update Portfolio WALE remains strong at 11.4 years – Only 4.3% of lease income expiring within the next 5 years (only 2.4% without further options) – Typical notice periods of 3 – 5 years from expiry for early learning properties Lease expiry profile by % of annual rent: FY27 – FY45+ WALE:
Slide 17: Strong rental growth of 6.4% achieved on 91 market rent reviews completed
Portfolio Update Strong rental growth of 6.4% CQE Annual Rent Review Type by Rental Income achieved on 91 market rent reviews completed 8% 8% 3% 24% 24% 23% - 911 market rent reviews completed (84 – capped) in FY26 achieving uplift of 6.4% or $1.1 million 68% 69% 73% - 54 market rent reviews (14% of
Slide 18: FY26 Sustainability initiatives
Portfolio Update Environment Social Governance FY26 Sustainability initiatives By integrating sustainability across our platform and leveraging our scale, we Net Zero1 Customer engagement ESG leadership attract and retain capital while Maintained Net Zero Scope 1 and Scope 2 Active tenant engagement
Slide 19: Outlook and Guidance
Outlook and Guidance 4 Charter Hall Social Infrastructure REIT 2026 Full Year Results Emergency Command Centre Keswick, SA 19
Slide 20: Outlook and Guidance
Outlook and Guidance Outlook and Guidance FY27 guidance1 − Continue to execute on CQE’s strategy to actively manage its diversified social infrastructure property EPU Guidance DPU Guidance portfolio, delivering essential community services No less than − Positive industry and demographic fundamental
Slide 21: Additional Information
Additional Information 5 Charter Hall Social Infrastructure REIT 2026 Full Year Results Brisbane City Council Bus Network Terminal Brisbane, QLD 21
Slide 22: Property investment portfolio
Additional Information Property investment portfolio Number of REIT Valuation2 WALE3 Area4 Asset / Sector Tenant1 Suburb State Cap rate2 Properties interest ($m) (years) (sqm) Early Learning 284 1,515.6 5.3% 11.8 178,545 Pathology Laboratory Sonic Healthcare Bowen Hills QLD 1 25.0% 20.0 43,136 Geosc
Slide 23: Property valuations remain resilient with LFL valuation growth of $19.2 million
Additional Information Property valuations remain resilient with LFL valuation growth of $19.2 million Property Investment Portfolio by SI Sub-Sector LFL Net LFL Net No. of Valuation ($m) WACR (%) Valuation Valuation Properties Increase ($m) Increase (%) - 100% of the portfolio was externally revalu
Slide 24: Early learning property portfolio by location – Valuation and passing yields
Additional Information Early learning property portfolio by location – Valuation and passing yields Property investment portfolio Early Learning Centres − Early learning centre portfolio comprises: − 284 properties1 with a total value of $1,515.6 million − WALE: 11.8 years NT $7.0m / 5.7% QLD − Pass
Slide 25: Social Infrastructure: Strong population growth
Additional Information Social Infrastructure: Strong population growth Key component of Leading education system Properties delivering Australia’s economy drives productivity and essential community GDP growth services 3.5m >$220b $55.0b Strong industry and Increase in population over Annual recurri
Slide 26: Early Learning Industry
Additional Information Early Learning Industry Childcare Subsidy – Federal Government Spending1 – Importance of sector remains crucial to Australia’s education system and economic prosperity, driving workforce participation and overall growth $21.1bn $19.9bn – Federal government funding is currently
Slide 27: Statutory Profit Reconciliation
Additional Information Statutory Profit Reconciliation FY25 FY26 ($m) ($m) Operating Earnings 57.0 64.2 Net fair value movements on investment properties 28.8 22.3 Net movements on derivative financial instruments (14.6) 7.0 Straight lining of rental income, amortisation of lease fees and incentives
Slide 28: CQE joint venture summary – FY26
Additional Information CQE joint venture summary – FY26 Investment in JVs – operating earnings and balance sheet $m CH BBD Trust LWR GSA PFA Westmead CH Sonic Bowen Hills Total JVs Ownership interest 50.0% 33.3% 49.9% 25.0% Properties Brisbane Bus Terminal Geoscience Innovation Quarter Sonic Healthc
Slide 29: Key Statistics
Additional Information Key Statistics Financial & Capital Management Metrics FY22 FY23 FY24 FY25 FY26 NTA ($) 4.08 4.04 3.82 3.86 3.93 DPU (c) 17.2 17.2 16.0 15.2 17.0 Gearing (%) 29.8 32.2 33.0 30.5 33.71 Weighted Average Cost Of Debt (%) 3.2 4.3 5.1 5.0 5.22 Weighted Average Debt Maturity (Years)
Slide 30: Glossary
Additional Information Glossary ACECQA Australian Children’s Education and Care Quality Authority ASX Australian Securities Exchange Balance sheet gearing Calculated as the ratio of net drawn debt less cash to total tangible assets, less cash CPI Consumer Price Index CPU Cents per unit CQE Charter H
Slide 31: Further information
Further information Investor Relations Tel 1300 365 585 (within Australia) +61 2 8651 9000 (outside Australia) Email reits@charterhall.com.au Presentation authorised by the Board charterhall.com.au/cqe IMPORTANT NOTICE & DISCLAIMER Charter Hall Social Infrastructure Limited ACN 111 338 937; AFSL 281
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