Appendix 4E & Financial Report for year ended 30 June 2026

• Net statutory profit increased 62% to $131.8 million
• Net operating profit rose 8% to $79.1 million
• Total distributions per security up 5% to 19.25 cents
• Net Asset Value per security increased 4% to $3.60
• Gearing rose to 24.5% from 22.8% in FY25

Arena REIT's FY26 financial report reveals a 62% increase in net statutory profit to $131.8 million, driven by higher rental income and revaluation gains on investment properties and derivatives. Net operating profit rose 8% to $79.1 million, primarily due to growth in rental income from completed leases and acquisitions. Distributions per security increased 5% to 19.25 cents, while Net Asset Value per security rose 4% to $3.60. The property portfolio expanded with the acquisition of two early learning centers and 21 development sites. Gearing increased to 24.5% from 22.8% in FY25, primarily due to a $74 million increase in the drawn balance of the syndicated debt facility. The Group issued default notices to a tenant comprising approximately 14% of rental income for non-payment of rent.

FY27 distribution guidance of not less than 18.0 cents per security

The Group will continue to be managed in accordance with its existing investment objectives and guidelines. The results of the Group's operations will be affected by a number of factors, including the performance of investment markets in which the Group invests.