VOLUNTARY CANCELLATION CERTIFICATE

Presented to

Frasers Property Australia Pty Ltd

Reason for cancellation

I am offsetting greenhouse gas emissions for my company

Number of units cancelled
78,538 CERs
Equivalent to 78,538 tonne(s) of CO2
Start serial number: IN-5-233629394-2-2-0-1326
End serial number: IN-5-233707931-2-2-0-1326