360 Capital Mortgage REIT · ASX:TCF
360 Capital Mortgage REIT — Investor Presentation (September 2025)
35 slides from 360 Capital Mortgage REIT's investor presentation, Sep 11, 2025
Slide 1: 1 for 1 Entitlement Offer Presentation
For personal use only 360 Capital Mortgage REIT (ASX:TCF) 1 for 1 Entitlement Offer Presentation 11 September 2025 NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES P.1
Slide 2: Important Notices and Disclaimer
Disclaimer IMPORTAND NOTICES AND DISCLAIMER This presentation is dated 11 September 2025 and relates to a 1 for 1 non-underwritten, non-renounceable pro rata offer by 360 Capital Mortgage REIT to Eligible Unitholders of new Units in the Trust to raise up to approximately $45.2m (Entitlement Offer).
Slide 3: Important Notices and Disclaimer Continued
Disclaimer IMPORTANT NOTICES AND DISCLAIMER CONTINUED FORWARD LOOKING STATEMENTS This presentation may contain forward-looking statements, guidance, forecasts, estimates , prospects, projections or statements in relation to future matters (‘Forward Statements’). Forward Statements can generally be i
Slide 4: Important Notices and Disclaimer Continued
Disclaimer IMPORTAND NOTICES AND DISCLAIMER CONTINUED DISCLAIMER To the extent permitted by law, no member of the 360 Capital Group accepts any liability (including, without limitation, any liability arising from fault or negligence on the part of any of them) for any loss whatsoever arising from th
Slide 5: Table of contents
Table of contents For personal use only 1 Offer Summary 6 2 360 Capital Mortgage REIT (ASX:TCF) 13 3 Track record 16 4 Capital raising 20 Appendix A Key risks 24 Appendix B Responsible entity’s historic transaction examples 28 Appendix C Glossary 33 P.5
Slide 6: 1. Offer summary
REAL ASSETS PRIVATE EQUITY PUBLIC EQUITY CREDIT For personal use only 1. Offer summary
Slide 7: Why we're different
Why we’re different Real Estate Experts • We assess loans as property professionals, focusing on asset quality and execution, not just valuations. For personal use only • Deep experience in managing through real estate cycles, asset management, and turnarounds to structure risk- adjusted loans. Tran
Slide 8: TCF Entitlement and Shortfall Offer
TCF Entitlement and Shortfall Offer Regular monthly income from private credit investments secured against Australian real estate How to participate in the Entitlement Offer Key Offer Details: • An Offer Booklet containing further details of the Entitlement Offer For personal use only Non-renounceab
Slide 9: TCF Entitlement and Shortfall Offer – Key Benefits
TCF Entitlement and Shortfall Offer – Key Benefits Increased Scale, Relevance and Liquidity For personal use only 100% increase in proforma market capitalisation up to $90.3 million1 85.3% Senior Loan Investments2 Focus on senior loan investments with 85.3% of the loan portfolio currently registered
Slide 10: Proforma Portfolio Overview as at July 2025
Proforma Portfolio Overview as at 31 July 2025 Regular monthly income from private credit investments secured against Australian real estate By Sector: For personal use only 67.7% 85.3% Residential, Portfolio LVR1,2 Senior loans1,2 80.5% Retail, 10.4% Industrial, 9.1% 12.4% p.a. $13.8m W. Avg. Inter
Slide 11: Track Record of Exceeding Targeted Returns
Track Record of Exceeding Targeted Returns 70.0 cpu For personal use only 66.0 cpu Historic Fund Performance (%)2 360 Capital has increased distributions by 62.0 cpu 126.5% since taking over in September 20201 58.0 cpu % 1mth 3mth 6mth 1yr 3yr Incep. 54.0 cpu Net return 0.89 2.83 5.27 10.50 8.32 7.6
Slide 12: Indicative timetable
Indicative timetable Announcement of Entitlement Offer Thursday, 11 September 2025 For personal use only Shortfall Offer Bookbuilding Opening Date Thursday, 11 September 2025 Units trade on an ex-Entitlement Offer basis Monday, 15 September 2025 Record Date for eligibility in the Entitlement Offer (
Slide 13: 2. 360 Capital Mortgage REIT
REAL ASSETS PRIVATE EQUITY PUBLIC EQUITY CREDIT For personal use only 2. 360 Capital Mortgage REIT (ASX:TCF)
Slide 14: Market dynamics and Trust strategy
Market dynamics and Trust strategy • Investment Objective: achieve a Target Return of the RBA cash rate plus a margin of 4.00% p.a. (net of fees and expenses) and provide monthly cash income and capital preservation by For personal use only investing in a diversified portfolio of real estate mortgag
Slide 15: A focus on income and capital preservation
A focus on income and capital preservation Ranking in the Real Estate Capital Stack Senior Lenders Get Paid First For personal use only As a Senior Lender, you’re first in line for repayment before property owners (equity investors) and mezzanine lenders Ranking Matters Focus on Senior Loan Investme
Slide 16: 3. Track record
REAL ASSETS PRIVATE EQUITY CREDIT For personal use only 3. Track record
Slide 17: Loan portfolio summary
Loan portfolio summary For personal use only Senior investment Junior investment Senior investment Senior investment Junior investment Snapshot: Residual land lots and Snapshot: Waterfront luxury Snapshot: Brand new service Snapshot: Completed four and five- Snapshot: Industrial freestanding house c
Slide 18: Loan portfolio summary
Loan portfolio summary For personal use only Senior investment Senior Investment Senior Investment Senior Investment Snapshot: Completed three and four- Snapshot: Residual land lots in Snapshot: Completed four and five- Snapshot: Completed four and five- bedroom houses in Sydney Sydney bedroom house
Slide 19: 360 Capital Group private credit track record
360 Capital Group (ASX:TGP) private credit track record Established & Successful Track Record in Real Estate Credit For personal use only Cumulative Private Credit AUM 18 years $440m $500.0m Founded in 2006, 360 Capital has been successful in investing through Private credit transactions $450.0m $43
Slide 20: 4. Capital raising
For personal use only 4. Capital raising
Slide 21: Peer Comparison
360 Capital Mortgage REIT (ASX:TCF) - Peer Comparison One of two ASX-Listed Mortgage REITS, balance of peers are diversified across sectors some with overseas exposure Real Estate FY25 Actual Distribution Yield1,2 Premium/(Discount) to NAV2 For personal use only 11.00% 8.00% 10.50% 6.01% 10.50% 6.00
Slide 22: Balance Sheet – Proforma June 2025
Balance Sheet – Proforma 30 June 2025 Sources and Applications Up to Proforma Proforma Proforma 30-Jun-25 Adjustments3 30-Jun-25 Balance sheet For personal use only Source of Funds ($’000) ($’000) ($’000) ($’000) Entitlement Offer 7,605,652 Units @ $5.94 $45,177,573 Cash and cash equivalents 64 6,89
Slide 23: Contact details
Contact details Tony Pitt For personal use only Executive Chairman +61 2 8405 8860 [email protected] James Storey Chief Executive Officer +61 2 8405 8860 [email protected] Glenn Butterworth Chief Financial Officer +61 2 8405 8860 [email protected] Identifying
Slide 24: Appendix A. Key risks
REAL ASSETS PRIVATE EQUITY CREDIT For personal use only Appendix A. Key risks Illustrative photo only
Slide 25: Key risks
Key risks • Market risk: Market risk is the risk that investment returns from the Trust may be affected by negative movements in general market conditions and may decline over short or extended periods due to market sentiment, economic, technological, legal, social and/or political factors. Factors
Slide 26: Key risks
Key risks • Borrower risk: If the borrower is a company, and that company becomes insolvent or undergoes external administration, then the loan will go into default. If the loan goes into default, the payment of any interest distributions will cease, and the recoverability of the payments will depen
Slide 27: Key risks (cont'd)
Key risks (cont’d) • Default and credit risk: A borrower or a borrower’s guarantor(s) may not be able to meet their financial obligations. This may be for a wide range of reasons, including: (a) a change in the financial or other circumstances of the borrower; or (b) a change in the economic climate
Slide 28: Appendix B. Responsible Entity's historic transaction examples
REAL ASSETS PRIVATE EQUITY CREDIT For personal use only Appendix B. Responsible Entity’s historic transaction examples Illustrative photo only
Slide 29: Responsible Entity's track record
Appendix B: Responsible Entity’s track record For personal use only Senior investment Junior investment Senior investment Senior investment Senior investment Residual land lots North West Absolute waterfront development 35 completed four and five Newly completed petrol station 21 completed four and
Slide 30: Responsible Entity's track record
Appendix B: Responsible Entity’s track record For personal use only Senior land Junior investment Senior investment Senior investment Senior investment Residential development land in Residential development land in Development of 2,396 sqm (GLA) 300 place childcare centre in 30 completed apartments
Slide 31: Responsible Entity's track record
Appendix B: Responsible Entity’s track record For personal use only Senior construction Senior construction Senior investment Senior investment Senior investment Bridging facility for portfolio of Medium density complex Medium density complex Development of 162 room 4-star Development of 27 townhous
Slide 32: Responsible Entity's track record
Appendix B: Responsible Entity’s track record For personal use only Senior construction Senior investment Senior investment Junior investment Senior construction Medium density complex Development of 28 room Development of 94 apartments in Construction of 30 residential Construction of pre-leased ho
Slide 33: Appendix C. Glossary
REAL ASSETS PRIVATE EQUITY CREDIT For personal use only Appendix C. Glossary Illustrative photo only
Slide 34: Glossary
Glossary Term Definition (unless otherwise defined in this presentation) 360 Capital Group means TGP and each of its subsidiaries For personal use only 360 Capital Mortgage REIT means 360 Capital Mortgage REIT (ARSN 115 632 990) means ASX Limited (ACN 008 624 691) or the financial products market op
Slide 35: Glossary
Glossary Term Definition Offer Price means the price of $5.94 per New Unit offered under the Entitlement Offer For personal use only Oversubscription Facility means the Oversubscription Facility as described in Section 3.7.4 of the Entitlement Offer Booklet Responsible Entity means 360 Capital FM Li
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