PCT Notice of Meeting 2025

Precinct Properties New Zealand Limited ("Precinct Properties") and Precinct Properties Investments Limited ("Precinct Investments") (together "Precinct") advise that their consolidated Annual Meeting of shareholders will be held on Tuesday 18 November 2025, commencing at 11:30 am (NZDT).

It will be a hybrid meeting held at Toroa Meeting Suite, Precinct Flex, Commercial Bay, PwC Tower, Level 2, 15 Customs Street West, Auckland. Or online at https://meetnow.global/nz

The agenda for the meeting:
• Chair's address to shareholders.
• CEO’s address to shareholders.
• Shareholder questions and discussion.
• Precinct Properties Resolutions.
• Precinct Investments Resolution.
• Other business.

Precinct Properties Resolutions

To consider, and if thought appropriate, pass the following ordinary resolutions:

1. Re-election of Director
That Anne Urlwin, who retires by rotation and has offered herself for re-election, be re-elected as a Director of Precinct Properties New Zealand Limited. See explanatory note 1.

2. Re-election of Director
That Chris Meads, who retires by rotation and has offered himself for re-election, be re-elected as a Director of Precinct Properties New Zealand Limited. See explanatory note 2.

3. Directors’ Remuneration
That, in accordance with NZX Listing Rule 2.11.1, the amount payable to any person who from time to time holds office as a Director of Precinct be increased pursuant to the per position sums shown in the “Proposed Remuneration” column of the table contained in explanatory note 3, with effect from 18 November 2025 and that the remuneration may be satisfied in stapled securities in accordance with NZX Listing Rule 4.7. See explanatory note 3.

4. Auditor's Remuneration
That the Directors be authorised to fix the remuneration of Ernst & Young as auditor for Precinct Properties New Zealand Limited for the ensuing year. See explanatory note 4.

Precinct Investments Resolution

To consider, and if thought appropriate, pass the following ordinary resolution:

5. Auditor's Remuneration
That the Directors be authorised to fix the remuneration of Ernst & Young as auditor for Precinct Properties Investments Limited for the ensuing year. See explanatory note 4.

Other business

To consider any other matter that may properly be brought before the meeting.

The notice of meeting to shareholders of Precinct Properties and Precinct Investments, which explains the format of the meeting in more detail has been released today, together with the Proxy/Voting Form.

Please note for your proxy to be effective it must be received by 11.30 am (NZDT) on Sunday, 16 November 2025.

Ends

For further information, please contact:

Louise Rooney
General Counsel & Company Secretary
Office +64 21 294 3189
Email: [email protected]

About Precinct

Listed on the NZX Main Board under the ticker code PCT and ranked in the NZX top 30, Precinct is the largest owner, manager and developer of premium city centre real estate in Auckland and Wellington. Precinct is predominantly invested in office buildings and also includes investment in Precinct Flex, Commercial Bay retail and a multi-unit residential development business. As at 30 June 2025, Precinct's directly-held portfolio (on-completion value) totalled $3.2 billion and Precinct had a further $1.6 billion of capital partnering assets under management: $1.2 billion of these were assets in which Precinct holds a minority interest; with the balance being managed on behalf of third party partners. For more information visit: www.precinct.co.nz

On 1 July 2023, Precinct effected a restructuring to create a stapled group structure. A stapled group comprises two listed parent companies whose shares are held by the same shareholders in equal proportions. The shares in each parent company can only be transferred or dealt with together. Shareholders in Precinct hold an equal number of shares in Precinct Properties New Zealand Limited and Precinct Properties Investments Limited and these shares can only be dealt with together. The stapled issuers are described as “Precinct Properties NZ & Precinct Properties Investments Ltd” on NZX systems and the ticker code for the Stapled Shares remains PCT.

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Announcement PDF