Leadership 34 Board of Directors 40 Trust Management Team Performance 45 Portfolio Valuation 48 Financial Review & Capital Management 52 Trading Performance & Investor Relations 55 Operations Review & Property Details 92 Independent Market Review Other Information 169 Financial Statements 274 Additional Information 277 Statistics of Unitholdings Framework 121 Sustainability Approach 127 Risk Management 133 Corporate Governance Overview 10 Business Model 17 Year in Brief 18 Property Portfolio 26 Message to Unitholders 31 Conversation with CEO CONTENTS Note: In this AR, any discrepancies in the tables and charts between the listed figures and totals thereof are due to rounding. Where applicable, figures and percentages are rounded to one decimal place. ANNUAL REPORT 2023 3 Overview Leadership Performance Framework Other Information
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