SPH Notice - Milford Asset Management Limited

100080615/3821103.1
Disclosure of movement of 1% or more in substantial holding
or change in nature of relevant interest, or both
Sections 277 and 278, Financial Markets Conduct Act 2013
To New Zealand Stock Exchange
and
To Precinct Properties Group
Relevant event being disclosed: Change of nature in relevant interest
Date of relevant event: 14/10/2025
Date this disclosure made: 15/10/2025
Date last disclosure made: 02/10/2025
Substantial product holder(s) giving disclosure
Full name(s): Milford Asset Management Limited
Summary of substantial holding
Class of quoted voting products: Ordinary Shares
Summary for Milford Asset Management Limited
For this disclosure,—
(a) total number held in class: 201,959,483
(b) total in class: 1,587,939,000
(c) total percentage held in class: 12.7183%

Units %
Milford Active Growth Wholesale Fund Custodian – HSBC 133,556,044 8.41%
Milford Income Wholesale Fund Custodian – HSBC 46,189,051 2.91%
Milford NZ Equities Wholesale Fund Custodian – HSBC 21,860,751 1.38%
Milford Trans-Tasman Equity Screened Wholesale Fund Custodian – HSBC 353,637 0.02%

For last disclosure,—
(a) total number held in class: 160,262,908
(b) total in class: 1,587,939,000
(c) total percentage held in class: 10.093%

100080615/3821103.1
Details of transactions and events giving rise to relevant event
- On market purchases totalling 41,696,575 units for total consideration of
$51,286,787.25.
Additional information
Address(es) of substantial product holder(s): Level 12, 50 Albert Street, Auckland,
1010 New Zealand
Contact details: Rukshar Rahmat trades@milfordasset.com
Operations Associate +64 9 921 4700
Certification
I, Rukshar Rahmat, certify that, to the best of my knowledge and belief, the information
contained in this disclosure is correct and that I am duly authorised to make this disclosure
by all persons for whom it is made.