DESANE GROUP HOLDINGS LIMITED — AGM Information 2021

Oct 27, 2021

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Investing for tomorrow, today 2021 ANNUAL GENERAL MEETING

2021 Annual General Meeting

AGENDA

Chairman’s Address

CEO & Managing Director’s Address

Items for Consideration

Questions

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CHAIRMAN’S ADDRESS

Professor John Sheehan AM

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CEO & MANAGING DIRECTOR’S ADDRESS Phil Montrone OAM

Desane Group Holdings

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FY21 RESULTS SNAPSHOT

Solid growth & continued profitability

FY21 Highlights

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‣ Operational revenues up 14%

‣ Property revaluation uplift of $2.6m

• ‣ Total assets up to $87.7m

• ‣ Cash & financial assets of $13.2m

• ‣ Acquisition of new mixed use asset in Sydney suburb of

Leichhardt

• ‣ New 5 year lease with Brisbane City Council

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2021 Annual General Meeting

• CAPITAL & BALANCE SHEET POSITION

‣ Debt funding extended with CBA for 3 years

‣ Gearing remains low at <35%

‣ Financial assets performing well - generating 7.0% pa interest

TOTAL ASSETS

Other Assets 1%

Cash & Financial Assets 15% Development 5%

‣ Capacity to deploy existing cash, debt or capital initiatives

• ‣ DGH share price trading at approximately 16% discount to

Property Assets 79%

post-tax NTA

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PROPERTY PORTFOLIO

Planning approval, rental income and revaluation provide Group upside

‣ Acquisition of mixed-use property at 270-278 Norton Street, LEICHHARDT will bolster revenue streams and provide long term development upside (STCA)

• ‣ Development Approval received to construct nine (9) apartments at 322 Norton Street, LEICHHARDT

‣ Revaluation of Lane Cove assets underpinned by strong rental income and market sentiment for industrial/commercial property in Sydney

Portfolio Summary

Portfolio by Geography NSW properties QLD properties

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FY21
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86.2% 13.8%

• ‣ Post expansion of Brisbane industrial asset will provide additional revenue and valuation upside

• ‣ Penrith property asset solidified by strong demand for raw sites in western Sydney

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INNER SYDNEY

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Leichhardt
Portfolio
No. of
Address Status
Apartments
159 Allen Street 46 DA Approved
322 Norton Street 9 DA Approved
270- 278 Norton Street 16 STCA
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Artist impression of 322 Norton

Artist impression of 159 Allen Street, Leichhardt development

270- 278 Norton Street

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Desane Group Holdings Limited

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2021 Annual General Meeting

SYDNEY NORTH SHORE

‣[Solid leases with existing tenants Signature Orthopaedics, HMA Group & Lizard Centre ]

‣[Both buildings contributing approx. $800k pa of net rental income to Group revenue]

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7 Sirius Road, LANE COVE NSW

13 Sirius Road, LANE COVE NSW

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WESTERN SYDNEY

• ‣ Work is progressing on the planning and rezoning of 91 Thornton Drive, PENRITH

• ‣ DGH continuing to engage with key stakeholders including

• ‣ Penrith Council

• ‣ Land values in Penrith have increased by 14% in the last 12 months

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Artist impressions of proposed development 91 Thornton Drive PENRITH

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BRISBANE

• ‣ New 5 year lease with Brisbane City Council contributing approx. $705k pa of net rental income

• ‣ Development consent to add a further 3,250sqm high clearance office/warehouse to the rear

• ‣ Construction expected to commence in FY22 once QLD state border opens

• ‣ Post expansion and letting, the total facility will generate over $1.1m pa of net rental income

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Images: Artist impression of rear warehouse at 16 Industrial Avenue, WACOL QLD

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16 Industrial Avenue, WACOL QLD

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OUTLOOK Desane is well positioned to create commercial investment opportunities and shareholder value over the coming years

As always, our focus will be on the following main objectives: 1. Strategic property acquisitions to create and enhance value 2. Evaluate property investment and development pipeline with an eye to achieving optimal outcomes 3. Enhance capital management strategy to ensure growth 4. Continue rewarding shareholders

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Desane Group Holdings

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2021 Annual General Meeting

SUMMARY

Items for Consideration

Item 1. Consideration of Financial Statements & Reports Item 2. Adoption of Remuneration Report

Item 3. Re-election of Rick Montrone

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QUESTIONS

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DISCLAIMER

This presentation paper has been published for information only. The information contained in this presentation paper is of general purpose nature and does not constitute financial product advice. It has been prepared without taking into account any readers financial position or needs. As such, each reader of this presentation paper, and consequently any reader acting on information of this presentation paper, should seek professional advice from (or consult) their stockbroker, bank manager, financial planner, or any other qualified and independent financial advisor. In preparing this presentation paper, Desane Group Holdings Limited (“Desane”) has relied upon and assumed, without independent, verification, the accuracy and completeness of all information available from public sources and the Company’s audited financial reports or which has otherwise been reviewed in preparation of this presentation paper. The information contained in the presentation paper is current as at the date of this presentation paper and is subject to change without notice. Any forward looking statements included in this presentation paper include subjective judgment and analysis, and are subject to significant uncertainties, risk and contingencies, many of which are outside the control of, and are unknown to Desane and its directors. Desane, nor any of its directors, employees and associates, give any warranty as to the accuracy, reliability or completeness of the information contained throughout the presentation paper, nor do they accept any liability for any loss of damage (whether direct, indirect, consequential or otherwise) arising from the use of information supplied throughout this presentation paper, except as required by law or by any appropriate regulatory authority.

For further information, please contact:

Phil Montrone Jack Sciara Managing Director & CEO Company Secretary Desane Group Holdings Limited Desane Group Holdings Limited (02) 9555 9922 (02) 9555 9922 philmontrone@desane.com.au jacksciara@desane.com.au

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