DEXUS — Capital/Financing Update 2023

Jun 8, 2023

Dexus (ASX: DXS)

ASX release

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9 June 2023

Sale of 44 Market Street, Sydney

Dexus announces that it has exchanged contracts to sell a Sydney CBD A grade office building at 44 Market Street, Sydney.

The sale will realise proceeds of $393.1 million[1] , reflecting a 17.2% discount to the December 2022 independent valuation.

The sale is subject to FIRB approval and is otherwise unconditional. Settlement is expected in late July 2023.

Authorised by Brett Cameron, General Counsel and Company Secretary of Dexus Funds Management Limited

For further information please contact:

Investors Media Crystal Wang Luke O’Donnell Senior Manager, Investor Relations Senior Manager, Media and Communications +61 2 7907 6918 +61 2 9017 1216 +61 481 396 756 +61 412 023 111 crystal.wang@dexus.com luke.o’donnell@dexus.com

About Dexus

Dexus (ASX: DXS) is one of Australia’s leading fully integrated real asset groups, managing a high-quality Australasian real estate and infrastructure portfolio valued at $62.3 billion (pro forma post final completion of the AMP Capital acquisition). We believe that the strength and quality of our relationships will always be central to our success and are deeply committed to working with our customers to provide spaces that engage and inspire. We directly own $17.8 billion of office and industrial assets and investments. We manage a further $44.5 billion of investments in our funds management business (pro forma post final completion of the AMP Capital acquisition) which provides third party capital with exposure to quality sector specific and diversified real asset products. The funds within this business have a strong track record of delivering outperformance and benefit from Dexus’s capabilities. The group’s $15.8 billion development pipeline provides the opportunity to grow both portfolios and enhance future returns. We consider sustainability (ESG) to be an integral part of our business with the objectives of Leading Cities, Future Enabled Customers, Strong Communities, Thriving People and an Enriched Environment supporting our overarching goal of Sustained Value. Dexus is listed on the Australian Securities Exchange and is supported by more than 31,000 investors from 23 countries. With over 35 years of expertise in property investment, funds management, asset management and development, we have a proven track record in capital and risk management and delivering superior risk-adjusted returns for investors . www.dexus.com

Dexus Funds Management Ltd ABN 24 060 920 783, AFSL 238163, as Responsible Entity for Dexus (ASX: DXS) Level 25, 264 George Street, Sydney NSW 2000

1 Reflects net sale price and excludes transaction costs.