LIFESTYLE COMMUNITIES LIMITED DISCLOSURECurrent Reports (8-K / ad hoc)

Full Year Results Release

21 August 2026 Immediate release to the ASX FY26 Results: LIC advances turnaround with sales momentum Lifestyle Communities Limited (ASX: LIC) today releases its results for the financial year ended 30 June 2026, reflecting significant progress in rebuilding sales momentum, strengthening the balance sheet and positioning the business for future growth. Key Highlights • Net new home sales increased 55.4% from FY25 to 216 homes despite ongoing softness across the Victorian property market • Unsold inventory reduced from June 2025 by 55.0%, from 269 homes to 121 homes • Homes under management increased to 4,368 across 25 communities • Rental income increased 12.4% from the prior comparative period to $51.4 million1, supported by growth in homes under management and annual rent increases • Net debt reduced from June 2025 by $186.8 million to $273.7 million • Net assets increased to $680.8m / $5.59 per share • Customer satisfaction increased from the prior survey to 78.9 – the highest result since measurement commenced2 • Net new home settlements of 240, down from 268 in FY25 • Statutory profit after tax of $46.9 million • Operating profit after tax of $25.4 million FY26 Performance Overview For the financial year ended 30 June 2026, the Group delivered statutory profit after tax of $46.9 million (FY25: $195.3 million loss) and operating profit after tax of $25.4 million (FY25: $45.2 million). Earnings were impacted by lower new home settlements, reduced Deferred Management Fee (DMF) revenue following the VCAT decision, and a greater proportion of interest costs being expensed relating to non-active land bank. While targeted pricing initiatives moderated development margins, they contributed to improved sales velocity, enhanced balance sheet strength, and positioned the business for improved through-the- cycle returns. Sales Momentum and Brand Performance Key for FY26 was a recovery in sales activity, with net new home sales increasing 55.4% to 216 homes (FY25: 139). The increase was supported by LIC’s Way to Live brand campaign, targeted pricing initiatives and improved sales conversion disciplines. Brand awareness increased by 23% during the year, while appointment-to-sale conversion rates improved from approximately 22% to 25%. 1 Prior to straight-line rental adjustments. 2 Based on March 2026 survey.