Growthpoint Interactive Annual Report 2018

836 Wellington Street, West Perth, WA As the market for direct assets on Australia’s Eastern seaboard continues to be priced competitively there remain a number of avenues for growth open to the Group with the balance sheet well positioned to provide support Timothy Collyer Manging Director Robust capital position well placed for future growth Capacity to take advantage of the right opportunities EQUITY CAPITAL Good access to equity capital t t Supportive majority Securityholder in Growthpoint Properties Limited (JSE code: GRT) t t GRT has a stated internationalisation strategy to increase offshore EBITDA contribution to 30% (from 15%) t t Ongoing support from domestic and other offshore institutional investors BALANCE SHEET 33.9% Gearing – reduced by 460bps, below bottom of target gearing range 5yrs WADM – maintained due to extension of near-term debt facilities $320m Undrawn debt 11 Financial Report Portfolio Review Financial Management Business Overview Governance Additional Information Growthpoint Properties Australia 2018 Annual Report