REGION GROUP — Capital/Financing Update 2025

Jun 16, 2025

17 June 2025

ASX Announcement

Region Group (RGN) announces an update on property valuations as at 30 June 2025. The total value of RGN’s investment properties has increased by $54.4m, from $4,319.7m as at 31 December 2024 to $4,374.1m as at 30 June 2025.

The movement in valuations is comprised of:

Investment Property Portfolio Summary	$m
December 2024 Portfolio Valuation	4,319.7
Add: ‘Like-for-like’ valuation increase	68.7
Add: Acquisitions	64.5
Add: Capital expenditure	40.8
Less: Disposals / Assets held for sale	(119.6)
June 2025 Portfolio Valuation	4,374.1

The portfolio weighted average capitalisation rate is 5.97%, a compression of 11bps since 31 December 2024.

Across the portfolio, 26 properties (28.9% by book value) were externally valued resulting in a $28.4m (2.3%) increase in valuation. The remaining properties were internally valued and resulted in a $81.1m (2.7%) valuation increase.

Pro forma gearing post the transactional activity and movement in property valuations is 32.8%, comfortably within our target gearing range of 30% to 40%.

Pro forma Net Tangible Assets (NTA) has increased by 3 cents to $2.45 but is expected to be impacted by other mark-to-market balance sheet movements since 31 December 2024.

This document has been authorised to be released to the ASX by the Board of RGN.

ENDS

Level 6, 50 Pitt Street, Sydney NSW 2000

regiongroup.au

Region RE Limited ABN 47 158 809 851 AFS Licence 426603 as responsible entity of Region Retail Trust ARSN 160612788 and as responsible entity of Region Management Trust ARSN 160612626

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RGN ASX Annoucement - 17 June 2025

Media, Institutional investor and analysts, contact:

David Salmon Nicolette Brice Chief Financial Officer General Manager – Investor Relations Region Group Region Group (02) 8243 4900 (02) 8243 4900

Security holders should contact the RGN Information Line on 1300 318 976 with any queries.