Business Summary

Qualitas Ltd is an Australia-based alternative real estate investment management company. The Company is focused on investing across the capital structure and risk spectrum, using institutional and private capital to support its commercial real estate partners. It is specialized in investing capital and managing its Funds’ capital on behalf of Fund Investors. The Company operates in two segments: fund management and direct lending. The funds management segment includes all of its core funds management activities and includes funds management fees, performance fees and other fee income. It also includes dividends and distributions from its Co-Investments. The direct lending segment relates to the interest income and expense relating to activities undertaken by its wholly owned entities Arch Finance and Peer Estate and includes costs directly attributable to Arch Finance and Peer Estate. Its funds include Real Estate Private Credit Funds and Real Estate Private Equity Funds.