INGENIA COMMUNITIES GROUP - AGM Information 2014

Ingenia Communities Group Annual General Meeting 2014 12 November 2014

White Albatross Holiday Park, Nambucca Heads NSW

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Jim Hazel Chairman

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Agenda
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Chairman’s welcome

CEO update

Tourism strategy

Formal business of the meeting

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Chairman’s welcome
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Non-Executive Executives Directors Jim Hazel Simon Owen Chairman Mana in Director and Chief Executive Officer g g Philip Clark Tania Betts Director Chief Financial Officer Amanda Heyworth Leanne Ralph Director Company Secretary Rob Morrison Nikki Fisher Director Chief Operating Officer Norah Barlow Director

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Ingenia today
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A provider of leading affordable Australian seniors housing built around two key portfolios generating quality cashflows . recurrent operating This scaleable platform is well positioned for further through embedded expansion capital light low risk and development further accretive acquisitions.

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Security price performance
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Strong price performance followed by recent lag as development ramps up

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Growth of INA versus ASX 300 Property Index
400%
350%
300%
250%
200%
150%
INA
100%
XPK
50%
0%
-50%
-100%
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Business re-focused on affordable rental seniors accommodation in Australia

˃ Market leading position in Lifest le Parks y

˃ Expansion of Garden Villages portfolio

˃ Sale of NZ students

˃ New bank facility

Capital initiatives

˃ DRP reinstated
˃ Successful capital raising securing next phase of growth

Strong financial results and increased returns to investors

˃ Distribution increased 15%

˃ Underlying profit up 97% in FY14
Price: $2m $10m

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CEO update
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Simon Owen Chief Executive Officer and Mana in Director g g

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Delivering on strategy
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Increase focus on cash generating  Active Lifestyle Estates and Garden Villages now over 80% of portfolio portfolios  Contracts exchanged for sale of NZ Student Portfolio – anticipate Divest non core assets settlement in December  Largest lifestyle park operator in NSW – 19 acquisitions announced since Grow exposure to Lifestyle Parks Feb 2013  New homes under development or being installed at 8 communities  Scaleable operating platform established to support significantly larger Improve operations business  Successful roll-out of Ingenia Care Assist  Increased distribution to 1.15 cents per security – up 15%

Grow distributions and investor returns  Outperformance against S&P/ASX 300 AREIT for 1, 3 and 5 years (June 2014)  Terms agreed for refinance to reduce funding cost and improve flexibility  Capital raising to capitalise on Lifestyle Park opportunities Maintain capacity for growth  Non core asset sales release capital for reinvestment  DRP reinstated

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Changing business mix
Increasing emphasis on cash yielding assets
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30 June 2013 Proforma asset value (post asset value announced acquisitions & divestments)

Target allocation

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Garden Villages
Garden Garden Villages Lifestyle Parks ~ 25%
DMF Villages 31% 50%
44%
35%
Continued
growth
NZ
Students
Lifestyle Parks DMF Lifestyle Parks
15%
6% 19% ~ 75%
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Cash yielding Australian assets now comprise over 80% of total portfolio

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Financial highlights (FY 2014)
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Key financial metrics	30 Jun 2014	30 Jun 2013	Change
Statutory profit / (loss)1	$11.5m	($10.3m)	nm
Underlying profit2	$11.6m	$5.9m	97%
Underlying profit EPS	1.8c	1.2c	50%
Operating cashflow	$14.2m	$11.2m	27%
Loan to value ratio (LVR)	33.9%	37.9%	11%
Interest cover ratio (ICR)	1.99x	1.96x	2%
Net asset value (NAV) per security	35.5c	34.4c	3%
Distribution per security	1.15c	1.0c	15%

► Total segment revenue up 49% to $49 million

► Garden Villages EBIT contribution up 28.6%

FY13 normalised statutory profit is $1.2m after adjusting for $6.7m gain on sale of discontinued operations, disposal costs ($0.7m) and release of foreign currency translation reserve ($17.5m).
Underlying profit is a non-IFRS measure that represents, in the opinion of Directors, the operating activities of INA in a way that reflects its underlying performance. It excludes items such as unrealised foreign exchange losses, unrealised fair gains/(losses), and includes the uplift in value of DMF units on first time loan life leases. It has not been audited or reviewed by EY.

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Capital Management
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Strong balance sheet underpins growth strategy

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Debt
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Terms agreed for multibank finance to extend debt facility to $175m (up $45.5m) on improved terms and margins

Tenure extended to 3-5 year term
Blended cost of debt reduced to ~4.25%*

LVR target of 30-35%

September 2014 placement and Rights Issue ($89.1 million) to expand Lifestyle Parks Portfolio

Equity

Significant interest from offshore and REIT investors

Distribution Reinvestment Plan reinstated

Capital

allocation

Stringent return thresholds in place on new acquisitions and development
Target 15% forecast unlevered IRR

Focus on deploying and efficiently recycling capital from lower yielding assets into higher yielding Lifestyle Parks business

Based on current market base rates.

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Announced acquisitions
Expanding into SE Queensland
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BIG4 Bougainvillia Holiday Park, Noosa, QLD

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BIG4 Bougainvillia Holiday Park, Noosa, QLD

BIG4 Bougainvillia Holiday Park, Noosa, QLD

A 6.5 hectare mixed use park located at Tewantin, Qld currently under conditional contract
One of only two freehold parks in the Noosa market
Immediately accretive – ingoing yield ~10%
Significant reconfiguration opportunities

Purchaseprice	$12.5m
Permanent sites	43
Short-term sites	135

Confidential Park, Brisbane, QLD

A partially developed community located in the SE QLD cluster currently under conditional contract
Immediately accretive – ingoing yield ~8%
First Park acquisition in the Brisbane Region, complementing properties in the region

Purchaseprice Total sites Development upside(STCA)	$17.0m
	~200
	200+ sites

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Announced acquisitions
Continuing to build presence in established clusters
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White Albatross Holiday Park, Nambucca Heads NSW

A 5.2 hectare lifestyle and tourist park situated in the North Coast cluster
Immediately accretive – ingoing yield >10%

> Significant reconfiguration opportunities

Purchaseprice	$23.0m
Permanent sites	131
Short-term sites	180
Development upside*	30+ sites

White Albatross Holiday Park, Nambucca Heads NSW

*Includes conversion of certain low-yield short term sites.

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Canberra South Motor Park, Symonston, ACT

A large park situated in the SW NSW/ACT cluster with significant opportunity for repositioning and development

> Immediately accretive – ingoing yield >8%

Purchaseprice	$14.7m
Permanent sites	170
Short-term sites	234
Development upside*	150+ sites

*Based on the redevelopment and reconfiguration of the majority of the park.

Canberra South Motor Park, Symonston, ACT

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Portfolio Update
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White Albatross Holiday Park, Nambucca Heads NSW

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Ingenia’s Business Model
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A large and growing rent roll largely funded through Government pension payments, a complementary and accretive short term accommodation business with significant upside and a capital light, low risk development pipeline  ~ 3,000 residents paying fortnightly rent ~~Includes~~  ~ 1,600 short term and tourism accommodation sites 19 Lifestyle Parks  ~ 1,300 home development sites within existing communities

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Ingenia has Australian communities and growing 61

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34 Rental villages

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8 DMF villages

1,801 units
831 units

rental villages in Australia

In all States except SA
Focus on occupancy growth and margin expansion
WA, QLD and NSW
Divested a QLD village in July 2014. Strategic review well advanced on remaining assets

Lifestyle Parks in NSW

Ingenia’s growth focus

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15 Lifestyle Parks

4 Announced acquisitions

1,093 permanent homes
(1 NSW, 1 ACT, 2 SE QLD)
1,038 short term sites
917+ development sites
Growing presence in NSW, ACT and SE QLD
1,000+ permanent and short term sites
380+ development sites
(STCA)

Note: Portfolio position as at 26 August 2014, adjusted for proposed acquisitions announced to 12 November 2014.

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Settlers Lifestyle (Deferred Management Fee)
Maximising home sales
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Portfolio snapshot
Total properties	8
Total units	831
Book value	$70.6m

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Strong start to FY15 sales – 14 new and 11 resales settled YTD to 31 October 2014 – 17 new and 9 resale contracts in place
Expansion of Ridge Estate (Hunter region of NSW) complete with solid demand for final stage

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Ridge Estate
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Settlers Forest Lake and Rockhampton building solid sales momentum
Sale of Noyea Village (QLD) for net $5.4 million settled July 2014
Actively seeking to reduce net investment in DMF sector

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Ridge Estate Stage 3

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Garden Villages (Rental)
Record occupancy and recent acquisitions drive earnings growth
Margin Analysis Target Quadrant 26
Villages
100.0% Portfolio snapshot
Marsden
90.0% Gardens Total properties 34
80.0%
Total units 1,801
70.0%
Book value $114.3m
60.0%
50.0%
40.0% > Grow occupancy towards 92% target
Shepparton
Gardens
30.0% whilst enhancing margins
20.0% > Traditional occupancy drop off in winter
-20% 0% 20% 40% 60% 80%
however over 30 pending move ins
FY14 Operating Margins
> Continue to drive community
Occupancy (%)
87 engagement across the local market
86.0 85.7 Addition of five distressed villages
86 with occupancy < 50% > Leverage Ingenia Care Assist to slow
8584 84.6 83.5 down existing resident departures and
83 82.3 attract new residents
82
80.8 81.2 > Assessing further acquisition
81
79.8
80 opportunities
79
78
77
76
Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Oct-14Aug-14 S p19
FY14
Occupancy
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Ingenia Care Assist
Delivering occupancy and income growth
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What is Ingenia Care Assist?

An Ingenia facilitated ageing in place strategy that delivers government funded home care packages to our residents through accredited local care providers
ICA is a free service for our residents enhancing our value proposition and competitive advantage, increasing existing resident tenure and attracting new residents

	No. of ICA Villages	Total ICA Residents	Move-out Preventions	Care Move-ins
As at 31 October 2014	31	230	76	66

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Rapid growth since October 2013
Opportunities to strengthen impact through expansion to remainder of Garden Villages portfolio and trial in Active Lifestyle Estates in 2015
Enhances Ingenia’s value proposition with key industry stakeholders as a long term community owner and operator rather than financial aggregator

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Active Lifestyle Estates
Lifestyle Parks: Ingenia’s journey
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Ingenia’s initial investment thesis of immediately accretive park acquisitions enhanced by capital-light, low-risk development remains compelling

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There is demand for quality and affordable homes
Ingenia’s operating platform, access to capital and market research provides clear competitive advantage
Tourism and short stay accommodation is an attractive, scaleable and accretive cash flow business
Recent trip to more advanced US market confirms sector attractiveness

Not all builders can deliver and install in quality and volume

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NOW ADDRESSED supply agreements with Parkwood and Glendale

Planning issues remain a challenge to caravan park redevelopment and individual council responses vary immensely
More competition for parks but Ingenia retains an advantage with access to capital, a proprietary database and an established scaleable platform

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Active Lifestyle Estates (Lifestyle Parks)
Ingenia’s growth focus - Lifestyle Parks
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High yielding assets with low risk, capital light development

Finite pool of valuable land zoned for lifestyle and tourist parks in tightly held markets

Fragmented ownership offering considerable consolidation opportunities

Deliver quality seniors housing significantly more affordable than other models

One Mile Beach Holiday Village near Newcastle

Acquired for $11m in December 2013 on an ingoing yield of 10.6% with significant upside

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Market leading position established
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“Largest owner of lifestyle and tourism parks in NSW”

19 Active Lifestyle Estates

1,637 Permanent Sites

1,587 Short-term Sites

20 communities in due diligence or price discovery

1,297 Development Sites

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Includes announced acquisitions.

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Lifestyle Parks - Development
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New home being installed on site
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Rapidly accelerating development business
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A year ago…

Two parks in delivery mode

Grange Village
Nepean River Tourism Park

Eight parks in delivery mode:

Lake Macquarie
Mudgee Tourist

Big4 Valley Vineyard Mudgee Valley

Ettalong Sun Country

Eight homes settled or under contract / deposited

Ten homes delivered and installed or under construction

Albury Citygate
Stoney Creek Estate

48 homes settled or under contract / deposited to date

92 homes delivered and installed or under construction to date

Today

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Active Lifestyle Estates
Sales performance
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> Target 80+ sales in FY15

> Development now underway at 8 sites (2 at November 2013)

	1 July to 31 Oct 2014	New	Refurbished	Reserved	Contracted	Available	Homes	Target
		Settlements	Settlements			Stock	under	Sales
							construction	Price
1.	Albury Citygate (Albury)	1	-	2	-	3	1	$180k+
2.	Big4 Valley Vineyard (Cessnock)	-	-	-	-	-	4	$255k+
3.	Ettalong Beach (Ettalong)	-	-	16	10	-	12	$300k+
4.	The Grange (Morisset)	1	-	-	-	-	-	$300k+
5.	Lake Macquarie (Morisset)	-	-	-	3	-	8	$300k+
6.	Mudgee Tourist (Mudgee)	-	-	1	-	5	4	$280k+
7.	Mudgee Valley (Mudgee)	-	-	-	-	7	-	$240k+
8.	Nepean (Penrith)	1	-	-	-	-	-	$245k+
9.	Sun Country (Mulwala)	-	-	-	-	-	1	$225k+
10.	Stoney Creek Estate (Marsden Park)	-	-	1	-	-	301	$280k+
	Subtotal	3	-	20	13	15	60
	Sales
			36

Contracted: Site has had deposit paid and Contract has been issued

Includes nine homes being refurbished to near new standard.

Reserved: Site has holding deposit paid - no Contract has been issued

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Location

Ettalong Beach, NSW

Acquired

April 2013

Project Overview

Addition of 31 new homes on existing short-term and vacant sites
Strong sales following successful launch in August (26 homes contracted or reserved to date)
Civil works underway scheduled to complete in late January 2015
Construction commenced on 12 new homes
Expect to install all 31 new homes by May 2015
First settlements from December 2014

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Project snapshot: Mudgee Valley Tourist Park
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Location: Mudgee, NSW

Acquired September 2013

Project Overview

Road works now complete for the first section of the development precinct
Seven new homes currently being installed and finalised

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VIP Open Day scheduled for 15 November to formally launch Mudgee Valley home sales
Adjacent land optioned to add further 35 homes and improve site configuration
Site masterplan well advanced for separate permanent living and tourism precincts

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Location Mudgee, NSW

Acquired October 2013

Project Overview

Road works underway for the first section of the development precinct
10 new homes currently being finalised in readiness for the project sales launch planned for mid November
Site masterplan for separate permanent living and tourism precincts well advanced

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Project snapshot: Albury Citygate
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Location Albury, NSW

Acquired August 2013

Project Overview

Council approvals achieved – development of 37 new homes in new precinct underway
Anticipated project sales launch planned for late November

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Five new homes have now been delivered to site with one settlement in September and two houses reserved
Plans for further homes are being finalised with
orders to commence shortly
Site masterplan for separate permanent living and tourism precincts well advanced

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Project snapshot: Stoney Creek Estate
(Formerly Town and Country Estate)
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Location Marsden Park, NSW

Acquired May 2014

Project Overview

Estate Major Works – landscaping, new entry statement and site presentation has been fast tracked to support the project sales launch in February 2015

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Three new homes have recently been delivered to site with completion works in progress
Refurbishment of nine park owned sites underway
Additional 18 new homes under construction
Off the plan sales commenced online on 1st of November resulting in the first EOI taken

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Project snapshot: Lake Macquarie Holiday Village
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Location Morisset, NSW

Acquired November 2013

Project Overview

Civil works for new development precinct of 29 new homes now underway
A VIP preview will be held on the 4[th ] of December with Lake Macquarie pre registered clients

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Construction has commenced on eight new
homes
Three homes under contract

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Undertaking eight developments
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New projects in delivery mode include large scale precinct developments
Previously developed sites (eg Grange, Nepean River) were infill sites
Precinct development projects include Ettalong, Stoney Creek Estate, Lake Macquarie Village, Albury Citygate and Sun Country

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New home precinct

Excavated home precinct

Lake Macquarie Village

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Lifestyle Parks - Tourism
Poolside tourist cabins – BIG4 Valley Vineyard, Cessnock NSW
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BIG4 Valley Vineyard, Cessnock, NSW

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Active Lifestyle Estates
Significant tourism business
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Growing tourism portfolio

Significant scale; tourism is a complimentary and very profitable business for Ingenia
~1,000 established tourism short term sites, due to increase to ~1,600 (announced acquisitions)
Diverse product offering; beachfront villas through to basic cabins and traditional caravanning and camping sites

Core Holiday Market ; strongly positioned to attract families (+35 with children) and active seniors

50% Family Market (value for money and child friendly)
25% Grey Nomad / Active Senior (clean, quality amenities, pet friendly)
25% Combination of empty nesters / young market

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Active Holidays – Growth Strategy
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Growth Opportunity; in core market segments

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Family Market ; Affiliations and co-operative marketing (e.g. BIG4 Holiday Parks, Top Tourist); unique opportunity to leverage existing consumer trust (and database) with immediate and measurable growth in performance
Nepean River Holiday Village and Mudgee Tourist and Van Resort will now be co-branded as BIG4
Active Senior ; building stronger relationships with key consumer groups, promoting to seniors residents and friends

Key Business Focus - Growing occupancy and maximising revenue

High touch customer interface - create customers for life
Reinvestment in assets; improve facilities and accommodation
Minimum standards; product presentations and guest engagement
Yield Management Strategies; tight control on inventory, pricing and promotions

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Active Holidays – Growth Strategy
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Key Business Focus - Growing occupancy and maximising revenue

Digital selling; direct and third party websites (Online Travel Agents e.g. Wotif, Bookings.com, Agoda and Expedia); efficient transaction platform and market capture
Tactical marketing; frequent and high touch via digital and social media platform (eDM’s, guest surveys to 20,000 subscribers)
Training; tailored front of house and customer service training and incentives to drive commercial outcomes
Industry Participation; highly visible presence at major tourism industry events and industry publications (NSW Holiday, Touring and Product Guide, Destination NSW etc.)
Rewarding repeat visitation / customer loyalty; Active Holidays Loyalty Card and Ingenia Family and Friends VIP program

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Active Holidays – Investor Discount Card
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Rewarding our Investors; Investor Discount Card

Official launch at 2014 AGM
Available to all Ingenia Communities securityholders
25% discount off accommodation; available in all Ingenia tourism assets, valid for 12 month period
Reward our loyal investors and encourage usage and awareness of our tourism offering
To be issued with terms and conditions in January 2015
We look forward to welcoming unit holders to our assets

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Rapidly expanding Lifestyle Parks business to
drive earnings growth
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12 months ago

Today

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Properties in development mode

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Homes under construction or being installed x6 x60

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Focus
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Rapidly increase delivery and sales of new homes across existing Lifestyle Parks
Increase Garden Village occupancy toward medium term target of 92%
Expand Ingenia Care Assist to support occupancy growth and resident tenure
Progress with non-core asset sales to recycle capital into higher yielding Lifestyle Park opportunities
Complete announced acquisitions and secure further accretive Lifestyle Park opportunities
The Group reaffirms its intention to deliver a distribution of 0.65 cents per security for the first half of FY15

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Questions
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The Grange, Morisset NSW

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Formal business of the meeting
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Nepean River Holiday Village, Penrith NSW

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Admission cards

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Proposed Resolutions
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Item 1:

Ingenia Communities Group Financial Statements and Reports

To receive and consider the Financial Report, the Directors’ Report and the Auditor’s Report of the Group for the year ended 30 June 2014.

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Proposed Resolutions
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Item 2:

Remuneration Report To consider and, if thought fit, to pass the following as an ordinary resolution of the company:

“To adopt the Remuneration Report for the year ended 30 June 2014.”

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Proxy votes
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Item 2:

“To adopt the Remuneration Report for the year ended 30 June 2014.”

Proxies Received

For 551,515,702 Open 1,391,787 Against 5,374,096 Abstain 4,003,028

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Proposed Resolutions
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Item 3:

Election of Director

To consider and, if thought fit, pass the following as an ordinary resolution of the Company:

“That Ms Norah Barlow, being a Director who was appointed by the Directors on 31 March 2014 and whose appointment as a Director expires at the conclusion of the Annual General Meeting of the Company and, being eligible, offers herself for election, be re-elected as a director of the Company.”

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Proxy votes
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Item 3:

Proxies Received

For 569,015,963 Open 1,623,896 Against 400,147 Abstain 253,027

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Proposed Resolutions
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Item 4:

Re-election of Director

To consider and, if thought fit, pass the following as an ordinary resolution of the Company:

“That Ms Amanda Heyworth, being a Director who is retiring in accordance with rule 74.1 of the Company’s constitution and Listing Rule 14.4, and being eligible, offers herself for election, be re-elected as a director of the Company.”

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Proxy votes
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Item 4:

Proxies Received

For	566,065,709
Open	1,378,773
Against	3,572,893
Abstain	258,913

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Proposed Resolutions
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Item 5:

Ratification of issue of Stapled Securities To consider and, if thought fit, pass the following resolution as an ordinary resolution of the Company:

“That, for the purposes of Listing Rule 7.4 and for all other purposes, the shareholders approve and ratify the allotment and issue of 100,700,734 stapled securities as outlined in the Explanatory Notes.”

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Proxy votes
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Item 5:

Proxies Received

For 510,560,333 Open 1,388,997 Against 788,909 Abstain 49,979,793

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Proposed Resolutions
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Item 6:

Approval to issue securities under the Ingenia Communities Group Rights Plan

To consider and, if thought fit, pass the following resolution as an ordinary resolution of the Company:

“That for the purposes of Listing Rule 7.2, Exception 9(b), and for all other purposes, shareholders approve the issue of securities under the Ingenia Communities Group Rights Plan on the terms and conditions set out in the Explanatory Notes.”

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Proxy votes
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Item 6:

Proxies Received

For 553,585,375 Open 1,435,207 Against 4,585,983 Abstain 3,111,467

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Proposed Resolutions
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Item 7:

Grant of Short Term Incentive Plan Rights to Simon Owen To consider and, if thought fit, pass the following resolution as an ordinary resolution of the Company:

“That for the purposes of ASX Listing Rule 10.14 and for all other purposes, shareholders approve the grant by the Company to Mr Simon Owen of Short Term Incentive Rights calculated as outlined in the Explanatory Notes (and the issue of Stapled Securities upon the vesting of those Rights) under the Ingenia Communities Group Rights Plan and on the terms and conditions set out in the Explanatory Notes.”

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Proxy votes
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Item 7:

Proxies Received

For 558,993,197 Open 1,387,536 Against 6,404,983 Abstain 4,073,898

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Proposed Resolutions
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Item 8:

Grant of LongTerm Incentive Plan Rights to Simon Owen To consider and, if thought fit, pass the following resolution as an ordinary resolution of the Company:

“That for the purposes of ASX Listing Rule 10.14 and for all other purposes, shareholders approve the grant by the Company to Mr Simon Owen of Long Term Incentive Rights calculated as outlined in the Explanatory Notes (and the issue of Stapled Securities upon the vesting of those Rights) under the Ingenia Communities Group Rights Plan and on the terms and conditions set out in the Explanatory Notes.”

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Proxy votes
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Item 8:

Proxies Received

For

For 559,099,866 Open 1,437,123 Against 6,323,353 Abstain 3,999,272

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Ingenia Communities Group Level 5, 151 Castlereagh Street Sydney NSW 2000

www.ingeniacommunities.com.au

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Disclaimer
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This presentation was prepared by Ingenia Communities Holdings Limited (ACN 154 444 925) and Ingenia Communities RE Limited (ACN 154 464 990) as responsible entity for Ingenia Communities Fund (ARSN 107 459 576) and Ingenia Communities Management Trust (ARSN 122 928 410) (together Ingenia Communities Group , INA or the Group). Information contained in this presentation is current as at 31 October 2014. This presentation is provided for information purposes only and has been prepared without taking account of any particular reader's financial situation, objectives or needs. Nothing contained in this presentation constitutes investment, legal, tax or other advice. Accordingly, readers should, before acting on any information in this presentation, consider its appropriateness, having regard to their objectives, financial situation and needs, and seek the assistance of their financial or other licensed professional adviser before making any investment decision. This presentation does not constitute an offer, invitation, solicitation or recommendation with respect to the subscription for, purchase or sale of any security, nor does it form the basis of any contract or commitment.

Except as required by law, no representation or warranty, express or implied, is made as to the fairness, accuracy or completeness of the information, opinions and conclusions, or as to the reasonableness of any assumption, contained in this presentation. By reading this presentation and to the extent permitted by law, the reader releases each entity in the Group and its affiliates, and any of their respective directors, officers, employees, representatives or advisers from any liability (including, without limitation, in respect of direct, indirect or consequential loss or damage or loss or damage arising by negligence) arising in relation to any reader relying on anything contained in or omitted from this presentation.

The forward looking statements included in this presentation involve subjective judgment and analysis and are subject to significant uncertainties, risks and contingencies, many of which are outside the control of, and are unknown to, the Group. In particular, they speak only as of the date of these materials, they assume the success of the Group’s business strategies, and they are subject to significant regulatory, business, competitive and economic uncertainties and risks. Actual future events may vary materially from forward looking statements and the assumptions on which those statements are based. Given these uncertainties, readers are cautioned not to place undue reliance on such forward looking statements.

The Group, or persons associated with it, may have an interest in the securities mentioned in this presentation, and may earn fees as a result of transactions described in this presentation or transactions in securities in INA.

This document is not an offer to sell or a solicitation of an offer to subscribe or purchase or a recommendation of any securities.

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AI assistant

INGENIA COMMUNITIES GROUP — AGM Information 2014

65125_rns_2014-11-11_5e64787e-cf65-4dbb-a6e5-a6461d849a22.pdf

Jim Hazel Chairman

Chairman’s welcome

Strong price performance followed by recent lag as development ramps up

Capital initiatives

Simon Owen Chief Executive Officer and Mana in Director g g

Target allocation

► Garden Villages EBIT contribution up 28.6%

Strong balance sheet underpins growth strategy

BIG4 Bougainvillia Holiday Park, Noosa, QLD

Confidential Park, Brisbane, QLD

White Albatross Holiday Park, Nambucca Heads NSW

> Significant reconfiguration opportunities

Canberra South Motor Park, Symonston, ACT

> Immediately accretive – ingoing yield >8%

34 Rental villages

8 DMF villages

Ingenia’s growth focus

15 Lifestyle Parks

What is Ingenia Care Assist?

NOW ADDRESSED supply agreements with Parkwood and Glendale

A year ago…

> Target 80+ sales in FY15

> Development now underway at 8 sites (2 at November 2013)

Location

Acquired

Project Overview

Project Overview

Project Overview

Project Overview

Project Overview

Project Overview

Growing tourism portfolio

Growth Opportunity; in core market segments

Key Business Focus - Growing occupancy and maximising revenue

Key Business Focus - Growing occupancy and maximising revenue

Rewarding our Investors; Investor Discount Card

Admission cards

Item 1:

Ingenia Communities Group Financial Statements and Reports

Item 2:

Item 2:

“To adopt the Remuneration Report for the year ended 30 June 2014.”

Proxies Received

Item 3:

Election of Director

Item 3:

Proxies Received

Item 4:

Re-election of Director

Item 4:

Proxies Received

Item 5:

Item 5:

Proxies Received

Item 6:

Item 6:

Proxies Received

Item 7:

Item 7:

Proxies Received

Item 8:

Item 8:

Proxies Received

More from INGENIA COMMUNITIES GROUP

INGENIA COMMUNITIES GROUP AGM Information 2014