Correction of substantial financial product holder table

Precinct Properties New Zealand Limited Head Office Wellington Office
E hello@precinct.co.nz Level 12, 188 Quay Street, Auckland 1010 T 0800 400 599 Level 3, 31 Waring Taylor Street T 0800 400 599
W www.precinct.co.nz PO Box 5140, Auckland 1141, New Zealand PO Box 2, Wellington 6140, New Zealand
NZX announcement – 28 August 2025
Correction of substantial financial product holder table

The substantial financial product holder table on page 44 of Precinct’s 2025 Annual Report
has been corrected and is attached.
The complete revised 2025 Annual Report can be found at:
https://www.precinct.co.nz/investors/2025-annual-results.
End

For further information, please contact:

Louise Rooney
General Counsel & Company Secretary
Mobile: +64 21 294 3189
Email: louise.rooney@precinct.co.nz

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 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 Properties Group
(“Precinct”) hold an equal number of shares in Precinct NZ and Precinct Investments Limited and these shares can
only be dealt with together. The stapled issuers are described as “Precinct Properties NZ Ltd & Precinct Properties
Investments Ltd (NS)” on NZX systems and the ticker code for the stapled shares remains PCT.

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Shareholder information
As at 30 June 2025
Substantial Financial Product Holders
Quoted financial product holder
Number of quoted ordinary
shares held at date of notice
%Date of notice
Forsyth Barr Investment Management Limited129,548,2708.1638.05.2025
Milford Asset Management Limited143,266,4109.02729.04.2025
ANZ New Zealand Investments Limited76,821,2394.84114.02.2025
ANZ Bank New Zealand Limited25,752,6311.62314.02.2025
ANZ Custodial Services New Zealand Limited25,752,6311.62314.02.2025
Harbour Asset Management Limited80,002,0835.0437.06.2024
FirstCape Group Limited111,577,1597.0301.05.2024
Accident Compensation Corporation (ACC)146,065,0289.2081.03.2024
Note the number of shares above are according to notices filed only if the total number of a shareholder changes by 1% or more
since the last notice filed.
Source: NZX Substantial product holding notices. The percentages have been calculated based on the quoted voting products
on issue as at the date of the notice.
As at 30 June 2025, Precinct had 1,587,043,034 quoted voting products on issue.
Quoted financial product holder
$ amount of convertible notes
held at date of notice
%Date of notice
Forsyth Barr Investment Management Limited30,419,00035.78716.05.25
Source: NZX Substantial product holding notices.
The total principal amount of PCTHC convertible notes on issue as at 30 June 2025 was $85,000,000.
The total principal amount of PCTHB convertible notes on issue as at 30 June 2025 was $65,000,000.
Donations
The Group made donations of $112,000 during the year to 30 June 2025. No political donations have been made during the
year to 30 June 2025.
Credit Rating
As at the date of this Annual Report, Precinct does not have a public credit rating.
Precinct Properties Group
44