Slide 1: Preliminary Results for the financial year 31 March 2026
Preliminary Results for the financial year 31 March 2026 First Property Group plc 25 June 2026 Fprop plc
Slide 2: Chief Executive's statement
Executive / Chief Executive's statement First Property Group plc 31 March 2026 2 Fprop plc Chief Executive's statement Highlights Group Properties Fund Management Our Markets “I am pleased to report a further significant improvement in the performance Appendix of the Group and reinstatement of the d
Slide 3: Highlights – 31 March 2026
Highlights / Financial highlights First Property Group plc 31 March 2026 3 Fprop plc Highlights – 31 March 2026 Highlights Group Properties Fund Management Our Markets ● Statutory profit before tax for the year up 12.2% to £3.40 million (31 March 2025: £3.03 million); Appendix ● Increase in underlyi
Slide 4: Key Financial Highlights – 31 March 2026
Highlights / Key financial highlights First Property Group plc 31 March 2026 4 Fprop plc Key Financial Highlights – 31 March 2026 Highlights Group Properties Fund Management Our Markets STATUTORY PROFIT DILUTED EPS CASH NET DEBT Appendix £3.40m 1.81p £6.95m £6.04m Mar 2025: £3.03m Mar 2025: 1.64p Ma
Slide 5: Contributors to profit before tax – 31 March 2026
Highlights / Contributors to profit First Property Group plc 31 March 2026 5 Fprop plc Contributors to profit before tax – 31 March 2026 Highlights Group Properties Fund Management Contribution to PBT Our Markets (prior to deduction of unallocated central overheads) Appendix 14,000 12,000 10,000 8,0
Slide 6: Group Structure – 31 March 2026
Group structure / Earnings First Property Group plc 31 March 2026 6 Fprop plc Group Structure – 31 March 2026 Highlights The Group's earnings are derived from: Group Properties Fund Management Our Markets Appendix 1 2 Group Properties Division Fund Management Division – FPAM Principal investments by
Slide 7: Group Properties Division: 5 directly owned properties
Group Properties / Directly owned First Property Group plc 31 March 2026 7 Fprop plc Group Properties Division: Highlights 5 directly owned properties Group Properties Fund Management No. of Book Value Market Value Contribution to Our Markets Location Asset Class Properties 31 Mar 26 31 Mar 26 Group
Slide 8: Group Properties Division: The Group's primary asset – Blue Tower, Warsaw
Group Properties / Primary asset First Property Group plc 31 March 2026 8 Fprop plc Group Properties Division: Highlights The Group's primary asset – Blue Tower, Warsaw Group Properties Fund Management Our Markets Size c18,900m² Of a total 23,500m² Appendix Floors 18 floors of office space Of a tota
Slide 9: Group Properties Division: Associates and investments
Group Properties / Associates & investments First Property Group plc 31 March 2026 9 Fprop plc Group Properties Division: Highlights Associates and investments Group Properties Fund Management % Owned Book Value of Current Market Share of post-tax Share of post-tax Our Markets by FPG FPG's share Val
Slide 10: Fund Management Division: Revenue and AUM
Fund Management / Revenue & AUM First Property Group plc 31 March 2026 10 Fprop plc Fund Management Division: Highlights Revenue and AUM Group Properties Fund Management Our Markets 10 700 Performance Fee FPAM Revenue 3rd Party AUM Appendix ANNUALISED FEE INCOME 8 600 6 500 £1.30m (31 Mar 2025: £1.4
Slide 11: Fund Management Division: Reconciliation of AUM movement
Fund Management / AUM movement First Property Group plc 31 March 2026 11 Fprop plc Fund Management Division: Highlights Reconciliation of AUM movement Group Properties Fund Management Funds managed for third parties (including funds in which the Group is a minority shareholder) Our Markets Appendix
Slide 12: Fund Management Division: Third-party funds under management
Fund Management / Third-party funds First Property Group plc 31 March 2026 12 Fprop plc Fund Management Division: Highlights Third-party funds under management Group Properties Fund Management Country of Fund AUM at Market No. of % of Total AUM at Market Our Markets FUND Investment Expiry Value 31 M
Slide 13: Split of third-party funds by asset class and geographical location
Fund Management / Asset class & geography First Property Group plc 31 March 2026 13 Fprop plc Fund Management Division: Highlights Split of third-party funds by asset class and geographical Group Properties location Fund Management Our Markets Appendix UK Poland Romania Total % of Total Offices £22.
Slide 14: Our Markets: Poland
Our Markets / Poland First Property Group plc 31 March 2026 14 Fprop plc Our Markets Highlights Group Properties Fund Management Poland Our Markets Appendix ● The Polish economic outlook remains comparatively robust, with GDP growth expected to be around 3.5% in 2026, underpinned by resilient consum
Slide 15: Our Markets: United Kingdom
Our Markets / United Kingdom First Property Group plc 31 March 2026 15 Fprop plc Our Markets Highlights Group Properties Fund Management United Kingdom Our Markets Appendix ● The UK economic outlook remains subdued, with GDP growth expected to be around 1% in 2026 amid geopolitical uncertainty and w
Slide 16: Supporting information
First Property Group plc 31 March 2026 16 Fprop plc A P P E N D I X Supporting information 01 Why invest in Fprop? 06 FPAM Track Record – Closed Funds 02 Dividend History 07 Shareholders > 3% 03 NAV per share 2007-2026 08 Share Statistics 04 Adjusted NAV Bridge 09 Disclaimer 05 FPAM Track Record – E
Slide 17: Why invest in Fprop plc?
Appendix / Investment case First Property Group plc 31 March 2026 17 Fprop plc Why invest in Fprop plc? Highlights Group Properties Fund Management Our Markets 1 Expertise 2 Diversified earnings Appendix ● Experienced, nimble management team; ● From Group Properties and from fund management ● Excell
Slide 18: Dividend History
Appendix / Dividend history First Property Group plc 31 March 2026 18 Fprop plc Dividend History Highlights Group Properties Fund Management Our Markets Dividend History INTERIM DIVIDEND Appendix 1.80 1.60 Nil (FY 2025: Nil) 1.40 1.20 FINAL DIVIDEND 1.00 0.80 0.25p 0.60 (FY 2025: Nil) 0.40 TOTAL FOR
Slide 19: NAV per share 2007-2026
Appendix / NAV per share First Property Group plc 31 March 2026 19 Fprop plc NAV per share 2007-2026 Highlights Group Properties Fund Management Our Markets 70 EPRA NAV NAV per share at book Appendix Book NAV value: 32.61p (31 March 60 Cash 2025: 30.50p) 50 EPRA NAV per share: 38.57p Pence per share
Slide 20: Adjusted NAV Bridge
Appendix / Adjusted NAV bridge First Property Group plc 31 March 2026 20 Fprop plc Adjusted NAV Bridge Highlights Group Properties Fund Management Adjusted NAV 31 Mar 2025 pence £m Our Markets Associates and Investments 15.24p £22.61m Appendix Cash 3.26p £4.82m 7 directly owned properties less loans
Slide 21: FPAM Track Record – Existing Funds
Appendix / FPAM track record First Property Group plc 31 March 2026 21 Fprop plc FPAM Track Record – Existing Funds Highlights Group Properties Fund Management Our Markets Appendix IRR pa - Implied ROE pa - since inception ROE FY 2025/26 on original equity 30% 25% 20% 15% 10% 5% 0% -5% 5PT OFFICES S
Slide 22: FPAM Track Record – Closed Funds
Appendix / FPAM track record First Property Group plc 31 March 2026 22 Fprop plc FPAM Track Record – Closed Funds Highlights Group Properties Fund Management Our Markets Appendix IRR pa - Actual 120% 100% 80% 60% 40% 20% 0% -20% 1PT 2PT 3PT USS PDR RPT FRS UKPPP
Slide 23: Shareholders > 3%
Appendix / Shareholders > 3% First Property Group plc 31 March 2026 23 Fprop plc Shareholders > 3% Highlights As at 21 November 2025 Group Properties Fund Management Our Markets Appendix Shareholder % held (issued & fully paid) *Peter Gyllenhammar AB / Galjaden Invest AB / Bronsstädet AB / Galjaden
Slide 24: Share Statistics
Appendix / Share statistics First Property Group plc 31 March 2026 24 Fprop plc Share Statistics Highlights As at 24 June 2026 Group Properties Fund Management Our Markets Appendix Trading & earnings Share capital Ordinary shares LSE (AIM) symbol FPO.L Issued & fully paid 153,561,892 Share price 13.
Slide 25: Disclaimer
First Property Group plc 31 March 2026 25 Fprop plc I M P O R T A N T I N F O R M A T I O N Disclaimer Certain statements made in this presentation may not be based on historical information or facts and may be “forward-looking” statements, including those relating to the Company's general business