EPRA like-for-like rental income (calculated based on total portfolio value of £9.2 billion) Like-for-like properties Development property Other Properties* Total EPRA Earnings 2025 Rental income 319.1 3.2 105.9 428.2 Property operating expenses (101.8) (1.1) (31.3) (134.2) Net rental income 217.3 2.1 74.6 294.0 Like-for-like net rental income £m 6.8 Like-for-like net rental income (%) 3.2% Like-for-like gross rental income £m 14.9 Like-for-like gross rental income (%) 4.9% * Other properties include acquisitions, disposals, major refurbishments and changes in ownership. EPRA vacancy rate 2025 £m Estimated rental value of vacant space 14.8 Estimated rental value of the whole portfolio 321.3 EPRA vacancy rate 4.6% EPRA net initial yield 2025 £m Net operating income 300.6 Property market value 5,836.9 Notional acquisition costs 378.5 6,215.4 EPRA net initial yield 4.8% Difference in projected versus historical GOI 0.4% Unite net initial yield 5.2% * No lease incentives are provided by the Group and accordingly the Topped Up Net Initial Yield measure is also 4.8% (2024: 4.8%). 2024 Rental income 304.2 0.4 93.4 398.0 Property operating expenses (93.7) (0.2) (28.0) (121.9) Net rental income 210.5 0.2 65.4 276.1 2024 £m 6.5 320.3 2.0% 2024 £m 305.5 5,948.2 392.2 6,340.4 4.8% 0.3% 5.1% THE UNITE GROUP PLC Annual Report and Accounts 2025 206 OTHER UNAUDITED INFORMATION