Tower Sales Briefing October 25, 2019 Value Propositions

NATSU (Summer) Tower Sales Briefing October 25, 2019 Value Propositions

Partnership between FLI, NRE and IMH

Team of Experts

Project Location

The First Mitsukoshi in the Philippines

Japanese Contents in Residential Units

Amenities FLI – NRE – IMH Partnership Sunshine Fort

JV Partnership NOMURA REAL ESTATE DEVELOPMENT Co.,Ltd.

https://www.nomura-re.co.jp/english/ Nomura Real Estate Development Co., Ltd.

NOMURA Holdings

100% 34% NOMURA Securities NOMURA REAL ESTATE HOLDINGS

Established as a spin-off from Nomura Securities Co., Ltd. Launches real estate business in 1957. Since then, it was running to Japan one of the largest property development.

Company Profile 1-26-2 Nishi-Shinjuku, Shinjuku-ku, Name in Full: Nomura Real Estate Development Co., Ltd Head Office: Tokyo Establishment: April 15, 1957 Telephone: +81-3-3348-8617 Capital: JPY 2 billion (as of April 1, 2017) Telefax: +81-3-3348-9032 6,636 Employee: Website: https://www.nomura-re.co.jp/english/ (including 300 top-class Architectural engineers)

JV Partnership Nomura Real Estate Development Co., Ltd.

Business Activities/ Latest Achievements

JV Partnership Nomura Real Estate Development Co., Ltd.

‘Proud’ has been rated as No.1 residential brand in Japan.

*According to Internet data applied to the 2016 Residential Brand Survey published by Nikkei Inc. on May 23, 2016 JV Partnership NOMURA REAL ESTATE DEVELOPMENT Co.,Ltd.

The largest membership for Rate among the highest in Japan searching condominium

Number of housing units Membership of Proud Club handed over in 2017

about about 5,600 350,000 NOMURA REAL ESTATE DEVELOPMENT Co.,Ltd.

http://www.g-mark.org/about/

‘Proud’ has received Good Design Award consecutively more than 10years. NOMURA REAL ESTATE DEVELOPMENT Co.,Ltd.

Overseas Businesses NRE is penetrating into the oversea property market focusing on rapidly growing major cities in Asia and co-developing various projects, from residences, offices to mixed-use facilities, with respectable local partners.

Sunshine Fort Project Midtown Project Manila, Philippines Ho Chi Minh City, Vietnam Condominium & Retail Condominium

Staybridge Suites Beijing Fortune Building Bangkok, Thailand Beijing, China Serviced Apartment Office Building

THE SEASONS RESIDENCES is the first project of Nomura Real Estate Development in the Philippines. NOMURA REAL ESTATE DEVELOPMENT Co.,Ltd.

Overseas Businesses

NRE is penetrating into the overseas property market focusing on rapidly growing major cities in Asia and co-developing various projects, from residences, offices to mixed-use facilities, with respectable local partners.

Sunshine Fort Project Midtown Project Manila, Philippines Ho Chi Minh City, Vietnam Condominium & Retail Condominium

Staybridge Suites Beijing Fortune Building Bangkok, Thailand Beijing, China Serviced Apartment Office Building

THE SEASONS RESIDENCES is the first project of Nomura Real Estate Development in the Philippines.

JV Partnership Isetan - Mitsukoshi

JV Partnership History of the Isetan Mitsukoshi

JV Partnership Isetan - Mitsukoshi

JV Partnership MI Department Stores in Japan

JV Partnership ISETANMITSUKOSHI in Numbers This JV is Federal Land’s commitment to bring global industry standards in the country to add value to our lifestyle.

This project will bring the Japanese tradition of excellence, innovation and artistry to the Philippines.

This partnership introduces a new condominium living experience through Japanese efficiency and design.

JV Partnership The company’s venture into the Philippine market is a result of the strong history of friendship between the two countries.

This project is remarkable to us since this is the first time we will integrate Japanese concepts of project planning, technology, knowledge to the Philippine market.

- SEICHI MIYAJIMA Nomura Real Estate President

JV Partnership We will try our best to excite and move every customer in the Philippines by helping Federal Land enhance the Filipino lifestyle through introducing Japanese style and quality.

- KUNIO ISHIZUKA Isetan Mitsukoshi Former Chairman and Current Senior Adviser

JV Partnership Team of Experts NIKKEN Sekkei | Master Plan

Established in 1900

NIKKEN GROUP has completed over 20,000 projects in 40 countries and 200 cities worldwide.

Ranked #3 architectural firm in the world [2016 ranking].

Team of Experts NIKKEN Sekkei

WORLD ARCHITECTURE Ranking from 2005 - 2016 WORLD ARCHITECTURE Ranking is BD’s annual survey of the world’s largest practices ranked by the number of fee-earning architects they employ. NIKKEN Sekkei

NIKKEN Expertise

Expertise covering not only Architectural Design, but also all construction related services. NIKKEN Sekkei

Roppongi Hills Residences

 Site area: 16,649 sqm  Building area: 9,906 sqm  Total Floor Area: 149,811 sqm  Structure: S(CFT), RC, SRC  Floors:43 aboveground (2 bldgs.)  18 aboveground (1 bldg.)  6 aboveground (1 bldg.)  Units: 793 units

Team of Experts NIKKEN Sekkei

Tokyo Midtown

 Site area: 68,891.63 sqm  Build-up area: 37,994.31 sqm  Total floor area: 563,801.02 sqm  Floors: 54 aboveground  5 underground  2 levels of PH  Height: 248.1 m  Parking capacity: 1,226 cars

Team of Experts NIKKEN Sekkei

Team of Experts NOMURA Co., Ltd. | Retail Interior Design

Team of Experts TORAFU ARCHITECTS + ASAO TOKOLO

ASAO TOKOLO

Asao Tokolo

Team of Experts Architects & Engineers

GF&Partners

Annette F. Gadi-Liganor FUAP, APEC, AA Managing Partner

GF & Partners Architects (GFP) is a thriving organization of more than 150 architects and employees, led by five partners whose cohesive management strategy and synergy has built a reputation for professionalism and effective collaboration with industry partners and foreign counterparts.

Team of Experts Project Location Bonifacio Global City

Project Location Bonifacio Global City

• Churches – St. Michael Chapel | St. Gabriel Chapel | Victory Fort | New Life | San Pedro Calungsod Chapel

• Hotels – Grand Hyatt | Ascott | Seda | F1 | Shangri-la

• Medical Facilities – St. Lukes | The Medical City Clinics | Centre Medicale Internationale

Project Location Bonifacio Global City

‘True Center’ of Metro Manila 2-3km SE of Mandaluyong

4-5km south of Ortigas CBD 1km east of Makati

3-4km SW of Pasig

7-8km from MOA

Project Location Bonifacio Global City

Masterplanned community

 An orderly, density-controlled development (presence of DSG and FAR restrictions)  Live-Work-Play concept  Mini-cities or townships

Truly world-class/ Offers a Better Urban Experience (Cleaner, Greener and Safer environment)

 Wide roads with sidewalks  Eco-smart transportation system (BGC Bus and Electric Tricycles)  Underground utilities (no unflattering, tangled, overhead power lines)  Flood-free (underground drainage detention structure can hold 22mn liters of water)  LPG is distributed through an underground piping system  24/7 Security

Project Location Bonifacio Global City

Good investment

FLI project in BGC

138% increase in 5.5 years

Project Location Infra Projects | BGC Ortigas Link Road

Start: July 2017 Target Completion: June 2020

Project Location Infra Projects | Mega Subway Project

Start: Feb 2019 Target Completion: 2025

Project Location Infra Projects | BGC to NAIA BRT

Target Completion: 2021

Project Location Infra Projects | Sky Train

Target Completion: 2021

Project Location Grand Central Park

Project Location Sunshine Fort Block

HARU

NATSU

Project Location Site Access & Circulation

Project Location New Iconic Skyline

FUYU AKI C: 50 C: 47 M: 55 NATSU M: 51 U: 390 C: 43 HARU U: 337 C: 41 M: 47 M: 45 U: 313 U: 304

Project Location The First Mitsukoshi in the Philippines Mitsukoshi

Mitsukoshi in the Philippines Mall Concept

Mitsukoshi in the Philippines Perspectives

Mitsukoshi in the Philippines Podium Façade Design

Hemp Leaf | Asanoha Pattern

Mitsukoshi in the Philippines Japanese Elements/Contents Elements

Japanese Elements Convenience | Mitsukoshi at the Podium

Residents have direct access to Mitsukoshi through the shuttle elevators

Japanese Elements Perspective

Ground Level Lobby | Towers A&B Perspective

Ground Level Lobby | Towers C&D Safety | Damper

Japanese Contents Safety | Damper

• VCDs are an economic high-performing damping system optimized for reinforced concrete buildings.

• VCDs use high-damping material bonded between steel plates. They are easily connected to the building structure using high-strength bolts.

• VCDs increase building comfort, safety and resilience to both wind and earthquakes. It can recover saleable space, decrease structural materials and is 100% maintenance free.

Japanese Contents Safety | Damper

Tower A Tower B Tower C Tower D

Japanese Contents Safety | Key Card Access

Japanese Contents Design Efficiency | Sunken Slab

Conventional:

Sunken Slab:

Japanese Contents Design Efficiency | Shoe Cabinet

Japanese Contents Design Efficiency | Kitchen Floor Storage

Japanese Contents Design Efficiency | Kitchen Sink & Cabinets

Japanese Contents Design Efficiency | Bedroom Closets

Japanese Contents Design Efficiency | Storage System

Japanese Contents Design Efficiency | Japanese Bathroom

Japanese Contents Cleanliness | Air Washing Tiles

*Exact location of tiles for finalization

Japanese Contents Cleanliness | Exhaust System

Japanese Contents Eco-friendly | Double-glazed Low-e Glass

Japanese Contents Eco-friendly | Shower Toilet

MANUAL SPALET for T&B of 1BR, ELECTRONIC SPALET for Master T&B 1BR Suite, 2BR; and of 2BR Suite, 3BR and 3BR Suite Common T&B of 2BR Suite, 3BR, and 3BR Suite

Japanese Contents Eco-friendly | Energy-Efficient Lighting

Motion Detector for Lighting

For Energy Saving

Japanese Contents Amenities Zoned Activities

Amenities Zoned Activities

Gym Spa

The Guest House

Nursing Rm

Daycare Wellness Room

Function Rooms

Karaoke Room Mtg Rm Business Music Center Game Studio Room

Golf Reading Simulation Lounge Room

Yoga/Dance Studio Gym

Active Spring Breezy Summer Creative Autumn Dreamy Winter Gym Outdoor Lounge Function Rooms Spa Daycare Karaoke Room Reading Lounge Wellness Room Nursing Room Adult Pool Music Studio Spa Garden Children’s Playground Children’s Pool Business Center Spring Garden Meeting Room Game Room Gym Golf Simulation Room Contemplation Garden Yoga/Dance Studio Putting Green

Amenities Japanese Space Design – Nine Methods

Alternating turns to create a sense of anticipation for a yet unseen space

Recessed spaces to have a sense of distinction and create a feeling of security

Symbolic elements are placed in strategic locations to draw attention and lead people towards them

Amenities Japanese Space Design – Nine Methods

Random patterns or routes to give a sense of spontaneity and naturalness

Cluster systems allocating different activities on a main route and creating a feel of bustling activity

The interplay of straight and curved lines creating different routes, views and textures

Amenities Japanese Space Design – Nine Methods

Open and closed views are strategically placed along a route for users to enjoy the changing scenery

‘Picture frame views’ of the scenery and creates a fusion of nature and architecture

Imitating or repeating parts of the surrounding elements to create a feeling of continuity and belonging

Amenities Perspective

Amenities Perspective | Game Room

Amenities Perspective | Wellness Room

Amenities Perspective | Music Studio

Amenities Perspective | Karaoke Room

Amenities Perspective| Yoga/Dance Studio

Amenities Perspective| Reading Lounge

Amenities Perspective| Business Center

Amenities Perspective| Outdoor Lounge

Amenities Perspective| Sky Lobby (Podium)

SKY LOBBY TOWERS A&b

Amenities Perspective| Sky Lobby (Podium)

SKY LOBBY TOWERS C&D

Amenities Perspective| Japanese Garden

Amenities Perspective| The Guest House

Amenities Natsu Tower Stacking Plan

Natsu Tower Views

WEST: TSR Amenities & Big Apple Amenities Makati Skyline Sunset

Natsu Tower Views

EAST: Sunrise 8th Ave & 36th St. Uptown Residences

Natsu Tower Views

NORTH: Tower C (Aki)

Natsu Tower Views

SOUTH: GHR and GHR amenities Sky Lobby Garden Private Pool of Villas 36th Street Uptown Mall Fountain

Natsu Tower Unit Mix

Unit Type Unit Area (sqm) Inv % 46, 48.5, 50.5, 51.5, 53, 1BR 56, 56.5, 58 167 53% 1BR Suite 63 15 5% 2BR 60, 62 26 8% 2BR Suite 77, 80, 81, 83, 85, 87, 96 73 23% 3BR 105, 110, 117 17 5% 3BR Suite 154, 159, 168, 174 12 4% 3BR PH 232, 311 2 1% 3BR Villa 306 1 0% 313 100%

Natsu Tower Low Zone

L 1BR 50.5 sqm

Natsu Tower High Zone

Natsu Tower Lower PH

Natsu Tower Low Zone – Individual Unit Attributes

Facing Amenities Facing Amenities Facing Amenities Facing Amenities Corner Saleable 1BR size Compact 1BR Corner Facing GHR Amenities, Balcony in BR Sky Lobby Garden & More spacious 1BR Villa Private Pool Only 1 neighbor Balcony in BR More spacious 1BR

Natsu Tower Low Zone – Individual Unit Attributes

Corner Facing GHR Amenities, Only 1 neighbor Sky Lobby Garden, Spacious 1BR Villa Private Pool Facing East Very private – practically no neighbor

L 1BR 50.5 sqm

Corner, 3 sides of views Facing GHR Amenities, Corner Sky Lobby Garden & Villa Only 1 neighbor Private Pool More spacious 1BR Facing East Saleable 1BR size Slightly more spacious BR Balcony in BR Very spacious 1BR Facing East Facing East Facing East Spacious Foyer Balcony in Dining Natsu Tower High Zone – Individual Unit Attributes

Facing Amenities Facing Amenities Facing Amenities Corner Compact 2BR Corner, with 3 sides of views Facing GHR Amenities, Multi-passenger T&B Facing East Sky Lobby Garden & Compact 3BR Villa Private Pool Only 1 neighbor Only 1 neighbor Balcony in BR3 Balcony in BR

Natsu Tower High Zone – Individual Unit Attributes

Corner unit, 3 sides of views View of GHR Amenities, Sky Lobby Garden & Villa Private Pool Spacious foyer Multi-passenger T&B

Corner unit Balcony in MBR Corner View of GHR Amenities, Compact 2BR Suite Only 1 neighbor Sky Lobby Garden & Facing East Balcony in MBR Villa Private Pool Facing East Balcony in Dining Facing East

Natsu Tower Lower PH – Individual Unit Attributes

Facing Amenities Facing Amenities Corner Corner, with 3 sides of views Facing GHR Amenities, Sky Lobby Garden & Villa Private Pool Facing East Wide expanse of view in the Living/Dining Wide expanse of view in the Living/Dining Very spacious Living/Dining Very spacious Living/Dining & MBR Balcony in Dining

Natsu Tower Lower PH – Individual Unit Attributes

Corner unit, 3 sides of views Corner unit View of GHR Amenities, Sky Lobby Garden & Facing East Villa Private Pool Wide expanse of view in the Living/Dining Facing East BR2 has ensuite T&B & space for 2 beds Big balcony in Living/Dining Balcony in MBR BR2 has ensuite T&B BR3 has space for 2 beds

Natsu Tower Unit Specifications

AREA FLOOR WALL CEILING DOOR OTHER ITEMS Solid wood door with 1. Shoe cabinet Homogenous FOYER Painted Painted cement wood veneer, key card 2. Audio-video house entry Tiles lockset phone 1. Telephone / Cable / Data port LIVING / DINING Engineered Wood Painted Painted cement 2. Provision for split type air conditioning unit 1. Granite countertop 2. Kitchen sink Homogenous Painted gypsum KITCHEN Painted 3. Base and overhead cabinets Tiles board 4. Floor storage 5. Provision for water heater 1. Closet with hanger rod, drawers and adjustable shelves Hollow core door BEDROOMS Engineered Wood Painted Painted cement 2. Television / Cable / Data port in ducco finish 3. Provision for split type air conditioning unit 1. Acrylic bathtub 2. Single lavatory (2BR Suite & Porcelain tiles 3BR) and double lavatory (3BR MASTER TOILET & (Lavatory / Water Suite) Painted moisture - BATH closet area) Hollow core door 3. Granite countertop Homogenous Tiles resistant (2BR Suite, 3BR & and Homogenous in ducco finish 4. Shower enclosure gypsum board 3BR Suite) tiles (Shower 5. Rain shower set area) 6. Provision of tank-type water heater 7. Electronic Spalet Haru Tower Unit Specifications

AREA FLOOR WALL CEILING DOOR OTHER ITEMS 1. Single lavatory 2. Granite countertop Porcelain tiles Painted 3. Shower enclosure (Lavatory / Water moisture - 4. Rain shower set COMMON Homogenous Hollow core door closet area) resistant 5. Provision of multi-point water heater TOILET & BATH Tiles in ducco finish and Homogenous gypsum (1BR & 1BR Suite, 2BR) tiles (Shower area) board 6. Provision of tank-type water heater (2BR Suite, 3BR & 3BR Suite) 7. Manual Spalet Tempered glass railing Painted Glass door with BALCONY Homogenous Tiles with stainless cement aluminum frame steel handrail Washer / Dryer (W/D) dock provision with faucet, drain and exhaust except for the following units: UTILITY AREA • 2BR Suite Unit G - W/D provision is across Painted Hollow core door (2BR Suite, 3BR Ceramic Tiles Painted common T&B cement in ducco finish & 3BR Suite) • 2BR Suite Unit H - W/D provision is across the foyer • 3BR Suite Unit B - W/D provision is in kitchen Painted UTILITY TOILET moisture - & BATH Hollow core door Ceramic Tiles Ceramic Tiles resistant Bathroom fixtures (2BR Suite, 3BR in ducco finish gypsum & 3BR Suite) board

Natsu Tower Back of House Amenities

Mail Room Security Room Driver’s Lounge Property Management Office Loading Dock Garbage Cabinet

Natsu Tower Building Features

Safety and Security Fire Detection Alarm System Automatic Fire Suppression System 100% back-up power for common areas 30% back-up for power and 100% for lights – residential units Integrated CCTV security system in strategic locations in the common areas 24-hour security Pressurized fire escape stairs

Natsu Tower Building Features

Convenience and Services Four (4) passenger elevators and (1) dedicated service elevator Two (2) shuttle elevators to Sky Lobby shared by two (2) towers Five (5) levels of podium parking Direct access to Mitsukoshi Mall through shuttle elevators located in Tower A Lobbies located at the Ground Floor and Amenity Floor shared by two (2) towers Drop-off shared by two (2) towers

Natsu Tower Indicative Price Ranges

TCP (VAT-incl) P/sqm (VAT-incl) Unit Type Unit Area (sqm) Inv Min Max Min Max 46, 48.5, 50.5, 51.5, 53, 1BR 56, 56.5, 58 167 16,738,000 22,334,000 323,328 409,130 1BR Suite 63 15 22,025,000 23,198,000 349,603 368,222 2BR 60, 62 26 23,583,000 25,770,000 393,048 415,650

2BR Suite 77, 80, 81, 83, 85, 87, 96 73 27,411,000 33,391,000 351,361 415,638 3BR 105, 110, 117 17 41,106,000 46,051,000 372,205 393,598 3BR Suite 154, 159, 168, 174 12 63,239,000 71,804,000 397,730 430,857

Natsu Tower Payment Terms

Garden Units Sunrise Units

Spot Cash 8% discount, 100% in 30d

Spot 30 6% discount, 30% DP, 70% LS or BF

Deferred Cash 4% discount, 50% DP, 50% over 48m 4% discount, 50% DP, 50% over 54m

Spot 10 1% discount, 10% DP, 22% over 48m, 68% LS or BF 1% discount, 10% DP, 20% over 54m, 70% LS or BF

No Down 24% over 48m, 76% LS or BF 22% over 54m, 78% LS or BF

Turnover: December 2024

Natsu Tower Sample Computation (Sunrise Unit)

Spot 10 No Down TCP 1% disc, 10% DP, 22% in 54m, 78% BF 20% in 54m, 70% BF 1BR 51.5 sqm 16,738,000 RD 100,000 100,000 Spot DP 1,557,062 DP MA 61,373 66,340 Balance 11,599,434 13,055,640

1BR Suite 63 sqm 22,025,000 RD 100,000 100,000 Spot DP 2,080,475 DP MA 80,758 87,880 Balance 15,263,325 17,179,500

2BR Suite 85 sqm 30,231,000 RD 100,000 100,000 Spot DP 2,892,869 DP MA 110,847 121,311 Balance 20,950,083 23,580,180

Natsu Tower Sample Computation (Garden Unit)

Spot 10 No Down TCP 1% disc, 10% DP, 24% in 48m, 22% in 48m, 68% BF 76% BF 1BR 51.5 sqm 18,711,000 RD 100,000 100,000 Spot DP 1,752,389 DP MA 84,901 91,472 Balance 12,596,245 14,220,360

1BR 56.5 sqm 21,205,000 RD 100,000 100,000 Spot DP 1,999,295 DP MA 96,218 103,942 Balance 14,275,206 16,115,800

2BR 62 sqm 24,668,000 RD 100,000 100,000 Spot DP 2,342,132 DP MA 111,931 121,257 Balance 16,606,498 18,747,680

2BR Suite 80 sqm 31,829,000 RD 100,000 100,000 Spot DP 3,051,071 DP MA 144,424 157,062 Balance 21,427,283 24,190,040

Natsu Tower Perspective

Three Bedroom Unit Perspective

Two Bedroom Suite Unit end