EPRA yield movement NOI yield Yield movement (bps) (%) H1 H2 FY Wholly-owned 5.30% 2 7 9 USAF 5.30% 1 11 12 LSAV 4.70% 1 17 18 Rental properties (Group share) 5.20% 1 10 11 Property-related capital expenditure 2025 Wholly owned Share of JVs Group share London 15.7 21.9 37.6 Prime regional 17.6 5.9 23.5 Major regional 28.5 11.4 39.9 Provincial 8.0 3.1 11.1 Total rental properties 69.8 42.3 112.1 Acquisitions 0.0 0.0 0.0 Developments 209.8 0.0 209.8 Capitalised interest 26.8 0.0 26.8 Total property related capex 306.4 42.3 348.7 EPRA loan to value 2025 £m Investment property (owned) 6,083.3 Investment property (under development) 456.9 Intangibles 12.9 Total property value and other eligible assets 6,553.1 Cash at bank and in hand 145.5 Borrowings (1,889.2) Net other payables (97.6) EPRA Net debt (1,841.3) EPRA loan to value (%) 28.1% 2024 Wholly owned Share of JVs Group share 13.0 18.5 31.5 12.4 6.1 18.5 36.8 13.8 50.6 2.6 4.5 7.1 64.8 42.9 107.7 282.9 34.5 317.4 263.7 - 263.7 15.5 - 15.5 626.9 77.4 704.3 2024 £m 5,852.0 451.4 10.4 6,313.8 364.7 (1,874.8) (33.9) (1,544.0) 24.4% THE UNITE GROUP PLC Annual Report and Accounts 2025 208 OTHER UNAUDITED INFORMATION