Stockland · ASX:SGP
Stockland — Investor Day (November 2025)
31 slides from Stockland's investor day presentation, Nov 20, 2025
Slide 1: Investor Briefing: Masterplanned Communities Strategy
Investor Briefing Masterplanned Communities Strategy 20 November 2025
Slide 2: Acknowledgement of Traditional Custodians
Stockland acknowledges the Traditional Custodians and knowledge-holders of the land on which we live, work and play. We recognise and value their continued and inherent connection to land, sea, culture and community. We also pay our respects to their Elders past and present and extend that respect t
Slide 3: Agenda
Agenda Group strategy Josh McHutchison Chief Financial Officer Masterplanned Andrew Whitson CEO, Development Communities Residential market Mike Davis EGM, Masterplanned Communities fundamentals Summary Josh McHutchison Chief Financial Officer Investor Briefing: MPC strategy 3
Slide 4: Group strategy
Group strategy Josh McHutchison Chief Financial Officer Calderwood Valley, NSW
Slide 5: Residential is at the core of our growth strategy
Group Strategy Residential is at the core of our growth strategy Reshape portfolio Accelerate pipeline Scale partnerships • Increase residential, logistics and workplace from 50% to • Accelerate delivery of secured development pipeline • Improve return on capital and operating leverage Strategic pri
Slide 6: Residential capital allocation
Residential capital allocation Maintaining capital discipline while driving growth Maintaining financial discipline Capital allocation % of portfolio1 Residential capital allocation • 27% allocated to residential (target 20-35%) 14% 17% 18% 1% Residential 20-35% • Comprises Land Lease (LLC), Masterp
Slide 7: MPC capital efficiency
MPC capital efficiency Driving higher returns from our MPC portfolio Capital-efficient pipeline growth1 Capital efficient End value $31bn NFE Acquisitions structured on capital efficient terms $21bn • Capital partnering; staged land payments; project delivery agreements (PDA) • Incremental capital i
Slide 8: Market-leading MPC business
Market-leading MPC business Strong platform for growth Stockland is Australia’s leading 49 communities1 Portfolio activation Net Funds Employed residential developer ~83,600 86% ~$2.7bn lots remaining with 95%1 zoned We are focused on building thriving, connected communities across our large-scale,
Slide 9: Masterplanned Communities
Masterplanned Communities Andrew Whitson CEO, Development Providence, QLD
Slide 10: Australia's housing supply and affordability challenges
Australia’s housing supply and affordability challenges Australia’s population has grown by 1.9m people (+7%) since COVID MPC sales running well below underlying demand Australia population change MPC sales v underlying demand across NSW, QLD, VIC & WA 12 month rolling 700 100,000 COVID-19 600 80,00
Slide 11: Why Masterplanned Communities?
Why Masterplanned Communities? Structural demand drivers and defined delivery pathways More affordable housing options Migrants start as renters for 4 years and pivot to homeownership thereafter • MPC product typically priced 10% below median house price in surrounding areas Tenure evolution for ove
Slide 12: Strong positioning in the MPC segment
Strong positioning in the MPC segment Stockland’s MPC business leverages scale, strategic partnerships, customer experience, and placemaking to underpin sustainable growth and enduring value creation Trusted Scale Product Capital Recurring brand of pipeline affordability partnering income • Built on
Slide 13: Adding value through strategic restocking
Adding value through strategic restocking We have restocked in the right locations at the right points in the cycle Strategic rationale for acquiring ~57,500 lots post-COVID National land price per sqm (index 100)1 Positioned for long-term growth ~4,400 160 lots • ~47,600 lots acquired during cyclic
Slide 14: Active management of the pipeline
Active management of the pipeline Driving a step-change in MPC volumes MPC settlements Revenue mix shifting from NSW to QLD FY23 – FY25 MPC pipeline transformation 7,500 - 8,500 WA VIC QLD NSW 6,865 100% Significant uplift in settlements, targeting growth to 7,500-8,5001 in FY26 5,637 5,403 • Settle
Slide 15: MPC portfolio driving growth across the business
MPC portfolio driving growth across the business Unlocking an embedded pipeline of adjacent uses Future potential Creating high quality recurring income adjacent uses4 • Maximising the value created from our MPC pipeline by creating high quality, resilient investment assets and product for future pa
Slide 16: Residential market fundamentals
Residential market fundamentals Mike Davis EGM, Masterplanned Communities Highlands, VIC
Slide 17: Stockland's MPC leadership team
Stockland’s MPC leadership team Andrew Whitson CEO Development Joined Stockland in 2008 Mike Davis Executive General Manager Masterplanned Communities Joined Stockland in 2007 General Manager General Manager General Manager General Manager Head of Town Centre and WA Communities NSW / ACT Communities
Slide 18: The Gables, N-W Sydney
The Gables, N-W Sydney Harnessing the MPC value chain 2020 First land Creating community and unlocking value parcel acquired Features include 75 hectares of green space and local parks, a four-hectare lake, and a variety of land parcels with lots ranging from 240 sqm to 2,000 sqm. Upon completion it
Slide 19: Australian MPC market 12-month outlook
Australian MPC market 12-month outlook State Price Volumes Market commentary • Pent-up demand, monetary easing and improving buyer conversion are expected to drive a volume recovery NSW • Tight supply, with many active estates approaching late stages, is expected to maintain upward pressure on price
Slide 20: Queensland: strong demand in a supply-constrained market
Queensland Strong demand in a supply-constrained market Lot registrations at 5 year lows, highlighting challenges in unlocking new supply MPC sales volumes running below underlying demand 40,000 Queensland lot registrations QLD MPC sales v underlying demand 12 months as at June 12 month rolling 35,0
Slide 21: Queensland
Queensland Stockland existing Acquired portfolio Post balance date restocking Stockland’s positioning Twin Waters West Sunshine Coast Birtinya 12 MPC projects Represents QLD portfolio 41,873 50% 100%1 Aura lots remaining of Stockland’s portfolio zoned Caboolture Stockland’s point of difference Kinma
Slide 22: Victoria: market conditions improving, varying by corridor
Victoria Market conditions improving, but varying by corridor Secondary land market continues to tighten - western corridor lagging Price-sensitive purchasers driving demand for smaller lots Secondary land market stock trend* 6 months rolling Small lots offering by market 4,000 Forecast Share of sub
Slide 23: Victoria
Victoria Stockland existing Acquired portfolio Stockland’s positioning 20 MPC projects Represents VIC portfolio 22,171 27% 100% lots remaining of Stockland’s portfolio zoned Lyra Stockland’s point of difference Cloverton Katalia • Spread of price points within and between projects, maximising custom
Slide 24: Western Australia
Western Australia Stockland existing Acquired portfolio Stockland’s positioning Amberton Beach Alkimos Vista 11 MPC projects Represents WA portfolio Alkimos Beach 11,581 14% 81% Ellenbrook North lots remaining of Stockland’s portfolio zoned Mariginiup Illyarrie Stockland’s point of difference • Dive
Slide 25: New South Wales
New South Wales Stockland existing Acquired portfolio Expanded presence in supply-constrained market The Gables 6 MPC projects Represents NSW portfolio Elara Place 7,976 10% 72% Werrington Campus, Western Sydney University lots remaining of Stockland’s portfolio zoned Stockland’s point of difference
Slide 26: Summary
Summary Josh McHutchison Chief Financial Officer Springfield Rise, QLD
Slide 27: Leveraging our platform to drive housing supply and maximise value creation
Summary Leveraging our platform to drive housing supply and maximise value creation Australia’s MPC contributes to Stockland positioned Unlocking value housing affordability challenge the solution to meet the challenge beyond MPC Integrated capability: Scale and breadth of portfolio: Origination, de
Slide 28: Annexure
¥ Stockland Annexure Amberton Beach, WA.
Slide 29: Embedding ESG to create liveable communities
Embedding ESG to create liveable communities Driving sustainable growth through innovation, resilience and social impact Decarbonisation1 Circularity Social impact Resilience A practical, 1.5 Principles to make resources Enhancing our social impact Adapt and regenerate for degree aligned2 pathway to
Slide 30: Vacant land sales
Vacant land sales NSW vacant land quarterly sales VIC vacant land quarterly sales 4,500 10,000 4,000 9,000 8,000 3,500 7,000 3,000 6,000 2,500 5,000 2,000 4,000 1,500 3,000 1,000 2,000 500 1,000 0 0 Jun-14 Jun-15 Jun-16 Jun-17 Jun-18 Jun-19 Jun-20 Jun-21 Jun-22 Jun-23 Jun-24 Jun-25 Jun-14 Jun-15 Jun
Slide 31: Important Notice
Important Notice This Presentation and its accompanying Annexures (“Presentation”) has been prepared and issued by Stockland Corporation Limited (ACN 000 181 733) and Stockland Trust Management Limited (ACN 001 900 741; AFSL 241190) as Responsible Entity for Stockland Trust (ARSN 092 897 348) (“Stoc