Slide 1: ry /)
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Slide 2: Important notice and forward-looking statements
– This documenthas been preparedby Goodman Group (GoodmanLimited (ABN 69 000 123 – This document contains certain “forward -looking statements”. The words “anticipate”, “believe”, 071),Goodman Funds ManagementLimited(ABN 48067 796 641;AFSL Number223621)as the “expect”, “project”, “forecast"," estima
Slide 3: Goodman Group FY26 Results
i Se DATA CENTRES OPERATIONAL PERFORM GOODMANGROUP 1 Resultsanalyss == - _— 2 Property investment —— ——— - 3 Development r a = 4 Management > =—_z “= 5 Capital z =e an = tt“ ##—| FY26RESULTS
Slide 4: Goodman Joso, Ibaraki, Japan
Goodman Joso, Ibaraki, Japan 4 GOODMANGROUP FY26 RESULTS
Slide 5: Goodman has reported a strong operating result for FY26
Goodman has reported a strong operating result for FY26. $2,67 5M10.1% OPERATING PROFIT FY26 EPS GROWTH + Financial highlights + Data centre progress + The Group progressed the regional Partnership – Operating profit¹ of $2,67 5 million, up 15.7%FY25 on – Global power bank of 6.4 GW across 16 major
Slide 6: Development and investment portfolio highlights
$89.0BN + Development – WIP¹ of $19.7billion representing an annualised production rate of over $7.5 billion – Data centres comprise78% of WIP,with increasing demand for fully fitted solutions - + Investment portfolio – Total portfolio of 89.0 $ billion, an increase of 4% on FY25 – Valuations were u
Slide 7: Key operating metrics: occupancy, WIP, power bank, portfolio
95.6% 95.6% OCCUPANCY 4.0% NPI GROWTH 3.6m SQUARE METRES LEASED 6.5% GEARING High occupancy maintainedat Like for like NPI growthat 4.0% Across the global portfolioequating to Headline gearing of 6.5%, 95.6% and WALE of 4.8 years $558 millionof annual rental property with look through gearing income
Slide 8: LAX01, Los Angeles, USA
LAX01, Los Angeles, USA 8 GOODMANGROUP FY26 RESULTS
Slide 9: Significant power bank
Our data centre strategy continues to progress, with a global power bank of 6.4 GW – including 3.6 GW secured – and a globally diversified 0.5 GW of metro data centre developments in WIP at June 2026. We continue to see strong customer demand from cloud and AI inferencing workloads, recently signing
Slide 10: Our global network
Being updated for FY26 OUR GLOBAL NETWORK POWER BANKSTABILISED WIP 6.0 GW 0.7GW 0.4GW 10 11 GOODMAN GROUP GOODMAN GROUP FY26 RESULTS 1H FY26 RESULTS
Slide 11: Market conditions and customer solutions
Market conditions and customer solutions + Scarcity of physical infrastructure, power and cooling are the main + Our metro locations are well positioned to serve latency -sensitive, cloud and AI limiting factors in data centre availability, compute and AI growth inferencing workloads, supporting con
Slide 12: A 20-year track record of delivery across global gateway markets
A 20-year track record of delivery across global gateway markets, with a demonstrated ability to meet the needs of hyperscale customers and operators + Goodman has delivered over 0. 8 GW of powered solutions forcustomers to-date – Projects delivered in Tokyo, Hong Kong, Sydney, Melbourne, London and
Slide 13: Overview of data centre development projects
Overview of data centre development projects + The Group had 0.5 GW of data centre projects in WIP at 30 June 2026 – Represents a globally diversified portfolio of prime developments located in highly-supply constrained, metropolitan data centre markets supporting cloud and AI inferencing deployment
Slide 14: Data centre projects in WIP: status and leasing
LEASED ADVANCED NEGOTIATIONS NEGOTIATIONS CUSTOMER ENGAGEMENT HKG09 Hong Kong SAR, China 23.9 GHKDCP Powered 50 Shell – 50 + Located in KwaiChung + Leased to a singlecustomer. TYO05 Tokyo,Japan 11.2 GJDP Fully Fitted 50 950 1,000 + First 50MW buildingeased l toa hyperscale customer + First phase ofa
Slide 15: Project delivery program for development projects in WIP
Project delivery program for development projects in WIP at 30 June 2026 - Timing indicates year of RFS delivery from First to astl Phase of MEP per project 1 50 MW2 50 MW ~50 MW 50 MW 38 MW 35 MW 45 MW 90 MW 9 MW 80 MW 62 MW 188MW 133 MW 114MW 1. Dates are indicative, with bars indicating the full
Slide 16: Tsukuba Tech Central
Tsukuba Tech Central + 40-hectare master-planned technology estate + Located in Tsukuba, approximately 50km from the Tokyo CBD + 1,000 MW utility power secured - flexible site plan for multiple phases to meet various customer requirements + Power, water and exclusive dark fibre secured, and site wid
Slide 17: Data centre partnering
Data centre partnering + Goodman continues to engage with long -term capital partners as it progresses its development program. Our approach provides oppo rtunities for our partners and allows us to manage our risk and return appropriately – Given the long timeframes involved in data centre developm
Slide 18: Redbank Motorway Estate, Redbank, Australia
Redbank MotorwayEstate, Redbank, Australia 18 GOODMANGROUP FY26 RESULTS
Slide 19: FY26 financial summary
FY 25 FY 26 + Cash aligned operating profit of $2,674.5 million up 16% on FY25 Operatingprofit($M) 2,311.2 2,674.5 + Statutory profit of $2,778.7 million Statutory accounting profit ($M) 1,666.4 2,778.7 – Includes the Group’s share of property valuation related movements, fair value OperatingEPS (ce
Slide 20: Strong full year operating profit of $2,674.5 million
+ Strong full year operating profit of $2,674.5 million Income statement – Property investment income up 7% to $722.1million, driven by capital investment and FY25 FY 26 rental growth $M $M – Management earnings of690.1million, $ down 18% on FY25 driven primarily bylower transaction and performance
Slide 21: Strong balance sheet maintained
+ Strong balance sheet maintained Balance sheet – Gearing 6.5%4 (4.3% in FY25) and 19.5% 5 on a look-through basis AS AT AS AT 30 JUNE 2025 30 JUNE 2026 + Decrease in stabilised investment properties holdings primarily reflects the $M $M creation of a new Partnership in North America Stabilised inve
Slide 22: Cash and available lines of credit of $6.4 billion
+ Cash and available lines of credit (excluding Partnership debt and equity) of $6.4 billion as at 30 June 2026 – $4.1 billion in cash, $2.3 billion of available bank facilities – Weighted average debt maturity profile of 7.5 years + Substantial headroom to financial covenants – Interest Cover Ratio
Slide 23: LAX01, Los Angeles, USA
LAX01, Los Angeles, USA 23 GOODMANGROUP FY26 RESULTS
Slide 24: Property investment earnings increased 7% to $722.1 million
+ Property investment earnings increased 7% to $722.1 million Propertyinvestments – Higher direct income reflects the higher average assets through the period, including the FY25 FY26 contribution from income producing assets in North America prior to the creation of the Direct ($M) 157.0 200.5 new
Slide 25: WIP increased 53% to $19.7 billion
+ WIP increased 53% to $19.7 billion – Development earnings of $1,792.2 million, up 34% on FY25, driven by increased volume of on balance sheet transactional activity Developments – Data centres under construction currently represent approximately 78% of WIP FY25 FY26 – Annualised production rate of
Slide 26: Partnership AUM increased to $75.4 billion
+ Partnership AUM increased to $75.4 billion (+5% on FY25), contributing to a total portfolio1 Management of $89.0 billion (+4% on FY25) FY25 FY26 – Driven primarily by developments, acquisitions and revaluation gains, partly offset by asset disposals Managementearnings($M) 837.4 690.1 + Management
Slide 27: Partnership portfolio metrics
Totalportfolio($B) 1 35.3 13.6 11.3 10.9 6.2 4.3 4.0 5 3.0 0.4 GMG co-investment(%) 30.0 21.1 53.7 28.8 19.0 20.0 27.2 50.0 – GMG co-investment($B) 9.0 1.6 2.9 2.0 0.8 0.4 1.0 0.9 – Numberof properties1 184 19 29 104 28 47 14 15 6 Occupancy2 (%) 96 93 99 97 99 90 97 5 92 – Weightedaverageleaseexpiry
Slide 28: Guided by our 2030 Sustainability Strategy, Goodman integrates ESG
Guided by our 2030 Sustainability Strategy, Goodman continues to integrate ESG into its business targets + Goodman’s global operations are on track for submission + A gender ratio of 40% female with 31% of senior executives + Maintained investment grade credit ratings of BBB+ to the Climate Active c
Slide 29: Goodman Business Park, Chiba, Japan
Goodman Business Park, Chiba, Japan 29 GOODMANGROUP FY26 RESULTS
Slide 30: Positioned with sites, power and capital for digital infrastructure demand
+ Energy intensive infrastructure is an increasingly scarce + Hyperscale capex is accelerating with demand likely to Goodman has positioned itself global resource with the next phase of AI likely to be exceed supply through 2026 /2027 with sites, power and capital to constrained less by intelligence
Slide 31: Industrial portfolio concentrated on automation-capable properties
+ We have concentrated our industrial portfolio on + FY27 target SYD01, Sydney, Australia properties capable of supporting full automation and – Our strategy is clear and we see a significant opportunity robotics and AI enabled operations, where customers over the next five years. Large -scale logis
Slide 32: Goodman Group FY26 Results
32 GOODMANGROUP FY26 RESULTS
Slide 33: Operating profit by segment reconciliation
Property Non-operating Total investment Management Development Operating expenses items Category $M $M $M $M $M $M Gross propertyincome 251.6 251.6 – – – – Managementincome 687.3 – 687.3 – – – Developmentincome 1,622.8 – – 1,622.8 – – Distributions from investments 1.0 1.0 – – – – Net gainfromfairva
Slide 34: Non-operating items in statutory income statement
Full yearended Total 30 June 2026 Non-operatingitems in statutoryincome statement $M $M Propertyvaluationrelatedmovements Net gain from fair value adjustmentsattributableto investmentproperties 50.5 Share of net gain fromfair value adjustmentsattributableto investmentpropertiesin associates and join
Slide 35: Direct assets
Property Direct Assets investment Development Other Total As at 30 June 2026 $M $M $M $M $M Cash – – – 4,081.5 4,081.5 Receivables 31.5 415.5 230.6 837.2 1,514.8 Inventories 534.8 – 1,543.4 – 2,078.2 Investmentproperties 3,286.8 – 2,208.7 – 5,495.5 Investmentsaccounted for using equitymethod – 15,10
Slide 36: 1. Calculated based on2,044.8millionsecurities, being closing securities on issue.
1. Calculated based on2,044.8millionsecurities, being closing securities on issue. 36 GOODMANGROUP FY26 RESULTS
Slide 37: Revaluation movements across the global portfolio
+ Revaluation movements across the global portfolio for the full year totalled $3.1 billion, with the Group’s share being $1.0¹ billion + Over the full year the valuations have been driven by capitalisation rate tightening, market rent and cashflow assumptions and development completions + The globa
Slide 38: Goodman Logistics Center Fullerton, Los Angeles, USA
Goodman Logistics Center Fullerton,Los Angeles, USA 38 GOODMANGROUP FY26 RESULTS
Slide 39: 3.6 million sqm leased across the Partnerships
3.6M 95.6% SPACE LEASED OCCUPANCY 1 Across thePartnerships: + 3.6 million sqm leased over the 12 months, equating to $558 million of annual property income + High occupancy at 95.6%¹. Leasing area Netannualrent Average lease term Region (sqm ‘000) ($M) (years) Australia/ New Zealand 998 243.0 4.8 As
Slide 40: Goodman Group FY26 Results
40 GOODMANGROUP FY26 RESULTS
Slide 41: Long term strategic portfolio with potential for higher and better use
+ Long term strategic portfolio with potential for higher and better use, -zoning re and redevelopment + 33 properties with a total value of $3.9 billion + 95.8% occupancy and a weighted average lease expiry of 4.5 years + Average portfolio valuation cap rate of 5.6%. Key metrics1 FY26 Totalassets (
Slide 42: FRA02, Frankfurt, Germany
FRA02, Frankfurt, Germany 42 GOODMANGROUP FY26 RESULTS
Slide 43: FY26 Developments
FY26 Developments As at 30 June 2026 Completions Commencements Workin progress Value ($B) 3.6 8.1 19.7 Yield (%) 6.1 9.2 8.2 Committed(%) 89 13 25 Weightedaveragelease term(years) 9.1 14.3 13.9 Developmentfor thirdparties or Partnerships(%) 90 54 71 Australia/ NewZealand (%) 25 33 23 Asia (%) 50 7 2
Slide 44: AMS01 Site Plan
AMS01 Site Plan Goodman Owned + Managed Assets + AMS01 (in Power bank- Secured) – 5-ha, power-secured 76 MW (80 MVA) campus located west of Amsterdam – Project has been designed and permitted as a campus consisting of two buildings – Building A (38 MW) currently in work in progress – Development is
Slide 45: Goodman Group FY26 Results
45 GOODMANGROUP FY26 RESULTS
Slide 46: Current Goodman global presence
THE AMERICAS CONTINENTAL $11.7BN EUROPE/UK Total portfolio $13.9BN ASIA 35 Total portfolio $24.1BN Properties 119 Total portfolio Properties 94 Properties TOTAL 1 PORTFOLIO $89.0BN PROPERTIES 446 AUSTRALIA/ COUNTRIES NEW ZEALAND 13 $39.3BN Current Goodman global presence. Total portfolio As at 30 Ju
Slide 47: The majority of Goodman's assets reside in Partnerships
+ The majority of Goodman’s assets reside in Partnerships – The Group manages 26 Partnerships with 55 investors who are represented on the Boards and Investment Committees independent of Goodman – Goodman maintains a 30% average equity cornerstone position in the Partnerships to support alignment an
Slide 48: ATL Logistics Centre, Hong Kong SAR, China
ATL Logistics Centre, Hong Kong SAR, China 48 GOODMANGROUP FY26 RESULTS
Slide 49: Venlo III Logistics Centre, Venlo, Netherlands
VenloIII Logistics Centre,Venlo,Netherlands 49 GOODMANGROUP FY26 RESULTS
Slide 50: Capital management framework
+ The Group has a robust capital management framework, under its Financial Risk Management (FRM) policy. This provides: – Strongerbalancesheetwhichhas beenreflectedinourcreditratingsfromS&P and Moody’s BBB+ / Baa1respectively – Covenantsthatareappropriateforouroperations – Diversifiedsources offundi
Slide 51: Interest rate hedging
+ Interest rate payments are hedged to 86% over the next 12 months – Weighted average hedge rate of 3.86%¹ ,2,3 – NZD – hedge rate 3.85% – JPY – hedge rate 1.54% – HKD – hedge rate2.28% – CNY – hedge rate 2.32% – GBP – hedge rate3.90% – Euro – hedge rate 3.56%² – USD – hedge rate 5.22% + Weighted av
Slide 52: Foreign currency denominated balance sheet hedging maturity profile
Foreigncurrencydenominatedbalance sheethedgingmaturityprofile Weighted average Weighted average Amount maturity exchange rate Amount receivable1 payable1 NZ$ 4.4years 1.0919 A$1,100.4m NZ$1,200.0m HK$ 3.9years 5.2643 A$1,954.2m HK$10,240.0m US$ 4.1years 0.6896 A$2,543.6m US$1,750.0m ¥ 4.8years 100.1
Slide 53: Exchange rates
Statementof financialposition– exchangeratesas at 30 June 2026 Currency Exchange rate AUDGBP – 0.5216 (30 June 2025: 0.4793) AUDEUR – 0.6055 (30 June 2025: 0.5588) AUDHKD – 5.4208 (30 June 2025: 5.1595) AUDBRL – 3.5719 (30 June 2025: 3.5733) AUDNZD – 1.2183 (30 June 2025: 1.0792) AUDUSD – 0.6912 (30
Slide 54: Thank you
THANK YOU For moreinformationvisit goodman.com ImportantNotice This documenthas been prepared by Goodman Group(Goodman Limited (ABN69 000 123071)and Goodman Funds Management Limited (ABN48 067 796 641)(AFSL 223621)as the Responsible Entity for Goodman IndustrialTrust (ARSN 091 213839) and Goodman Lo