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CENTURIA CAPITAL GROUP Earnings Release 2022

Jan 30, 2022

64677_rns_2022-01-30_f275162d-7b44-4991-ae8a-cedc1de01145.pdf

Earnings Release

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Upgraded FY22 earnings guidance, AUM $20.2 billion

  • FY22 OEPS guidance upgrade to 14.5cps[1] (+20.8% above FY21 OEPS)

  • Strong Group AUM growth to $20.2bn[2] (+16% above FY21 year-end)

SYDNEY (Monday, 31 January 2022) – Centuria Capital Group (ASX: CNI or “Centuria”) today provides upgraded earnings guidance for FY22 and updated total group assets under management (AUM).

As a result of momentum generated across acquisitions, developments, re-valuations and performance fees during the first half of FY22, CNI has upgraded its FY22 operating earnings per security (OEPS) guidance to 14.5cps[1] . The upgraded guidance represents a 20.8% increase above FY21 OEPS of 12.0cps and a 9.85% increase over CNI’s initial FY22 OEPS forecast of 13.2cps.

Strong activity across CNI’s platform in HY22 has resulted in Group AUM increasing to $20.2bn[2] as at 31 December 2021, a 16% increase since the end of FY21. Centuria previously declared an HY22 distribution of 5.5cps and re-affirms its FY22 distribution guidance of 11.0cps.

John McBain, Joint CEO, said “Despite volatile market conditions, during HY22 CNI has continued to execute on its strategy. Our ability to continually source quality real estate investments together with deliberate corporate acquisitions has accelerated our growth and continues to create value for securityholders. These outcomes delivered strong performance across our Australasian funds management platform leading to today’s upgraded FY22 earnings guidance.”

Jason Huljich, Joint CEO, said “Our real estate platform has recorded exceptional organic growth in HY22, aided by contributions across Australia and New Zealand, our listed and unlisted real estate divisions and all seven major asset classes. The upgraded earnings guidance has been driven to a large extent by continuing strong investment property markets producing significant valuation growth and leading to higher FY22 management and performance fees.”

HY22 RESULTS DATE AND WEBCAST DETAILS

Further details regarding today’s announcement will be delivered as part of CNI’s HY22 results to be released on Wednesday, 9 February 2022.

Following that release, a management briefing will be hosted via a webcast at 11:00am (AEDT). The HY22 results announcement and investor presentation will be released to the ASX prior to the management briefing.

’ Investors can register for the webcast via Centuria Capital Group s HY22 Results Briefing. A playback of the webcast will be made available on Centuria Capital Group’s website.

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Attachment – Group AUM profile

For more information or to arrange an interview, please contact:

John McBain Tim Mitchell Alexandra Koolman Joint CEO Group Head of Investor Relations Group Communications Manager Centuria Capital Limited Centuria Capital Limited Centuria Capital Limited Phone: 02 8923 8923 Phone: 02 8923 8923 Phone: 02 8923 8923 Email: [email protected] Email: [email protected] Email: [email protected]

Announcement authorised by John McBain, Joint CEO .

Centuria Capital Group Consisting of: Centuria Capital Limited ABN 22 095 454 336 Centuria Capital Fund ARSN 613 856 358

Level 41, Chifley Tower 2 Chifley Square, Sydney NSW 2000

T: 02 8923 8923 E: [email protected] F: 02 9460 2960 www.centuria.com.au

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About Centuria Capital Group

Centuria Capital Group (CNI) is a leading real estate funds manager with a unique Australasian focus and more than $20 billion of assets under management. We offer a range of investment opportunities including listed and unlisted real estate funds as well as tax-effective investment bonds. Our drive, allied with our in-depth knowledge of these sectors and intimate understanding of our clients, allows us to transform opportunities into meaningful investments.

www.centuria.com.au

Disclaimer

This announcement contains selected summary information and does not purport to be all-inclusive, comprehensive or to contain all of the information that may be relevant, or which a prospective investor may require in evaluations for a possible investment in CNI. It should be read in conjunction with CNI's periodic and continuous disclosure announcements which are available at www.centuria.com.au.

This announcement is provided for general information purposes only. It should not be relied upon by the recipient in considering the merits of CNI or the acquisition of securities in CNI.

Before making an investment decision, the recipient should consider its own financial situation, objectives and needs, and conduct its own independent investigation and assessment of the contents of this announcement, including obtaining investment, legal, tax, accounting and such other advice as necessary or appropriate.

This announcement may contain forward-looking statements, guidance, forecasts, estimates, prospects, projections or statements in relation to future matters ('Forward Statements'). No independent third party has reviewed the reasonableness of any such statements or assumptions. No member of CNI represents or warrants that such Forward Statements will be achieved or will prove to be correct or gives any warranty, express or implied, as to the accuracy, completeness, likelihood of achievement or reasonableness of any Forward Statement contained in this announcement.

1 Operating EPS is calculated based on Operating NPAT of the Group divided by the weighted average number of securities

2 AUM as at 31 December 2021. Includes assets exchanged to be settled, cash and other assets

Centuria Capital Group Consisting of: Centuria Capital Limited ABN 22 095 454 336 Centuria Capital Fund ARSN 613 856 358

Level 41, Chifley Tower T: 02 8923 8923 E: [email protected] 2 Chifley Square, Sydney NSW 2000 F: 02 9460 2960 www.centuria.com.au

Group AUM Profile

A leading Australasian real estate funds manager included in the S&P/ASX200 Index

bn $20.2

GROUP AUM[1]

REAL ESTATE AUM $19.3bn

$6.7bn LISTED REAL ESTATE

$12.6bn UNLISTED REAL ESTATE

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$8.4bn $2.0bn $2.2bn SINGLE MULTI ASSET MULTI ASSET ASSET CLOSED ENDED OPEN ENDED FUNDS FUNDS FUNDS

$4.0bn $2.4bn $0.3bn CENTURIA CENTURIA ASSET PLUS INDUSTRIAL REIT OFFICE REIT LIMITED ASX: CIP ASX: COF NZX: APL

Note: AUM as at 31 December 2021. All figures above are in Australian dollars (currency exchange ratio of AU$1.000:NZ$1.0617 as at 31 December 2021). Numbers presented may not add up precisely to the totals provided due to rounding 1. Includes asset exchanged to be settled, cash and other assets

$0.9bn INVESTMENT BONDS

CENTURIA LIFE CENTURIA INVESTMENT BONDS GUARDIAN FRIENDLY SOCIETY

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