Dividend reinvestment plan strike price set at $1.0123

Kiwi Property advises that the price for the Dividend Reinvestment Plan (DRP) operating
in respect of the quarterly dividend payable on Friday 19 September 2025 is $1.0123 per
share. The price represents a 2% discount to the average of the daily volume weighted
average price of shares traded over the five business days following and including the
ex-date.

Approximately 28% of shareholders, representing 50% of shares on issue, have elected
to participate in the DRP.

Shareholders who wish to participate in the DRP for future dividends should notify Kiwi
Property's registrar, MUFG Corporate Markets, on 0800 377 388 or for Australian investors
on +64 9 375 5998, or you can update your details through the MUFG Corporate
Markets Investor Centre website at
investorcentre.mpms.mufg.com.

ENDS

For further information:
Fraser Gunn
Head of Corporate Finance and Investor Relations
fraser.gunn@kp.co.nz
+64 21 973 534

About us:
Kiwi Property (NZX: KPG) is one of the largest listed property companies on the New
Zealand Stock Exchange and is a member of the S&P/NZX 20 Index. We have been
around for over 30 years and proudly own and manage a significant real estate portfolio
comprising some of New Zealand’s best mixed-use, retail and office buildings. Our
objective is to provide investors with a reliable investment in New Zealand property
through the ownership and active management of a diversified, high-quality portfolio.
Kiwi Property is licensed under the Real Estate Agents Act 2008. To find out more, visit our
website, kp.co.nz

NZX RELEASE
11 September 2025

Dividend reinvestment plan strike price set at
$1.0123