PCT Notice of Meeting 2025

Precinct Auckland 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, Wellington T 0800 400 599
W www.precinct.co.nz PO Box 5140, Auckland 1141, New Zealand F +64 9 927 1655 PO Box 2, Wellington 6140, New Zealand F +64 4 494 2267
NZX announcement – 20 October 2025
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 Auckland 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, Wellington T 0800 400 599
W www.precinct.co.nz PO Box 5140, Auckland 1141, New Zealand F +64 9 927 1655 PO Box 2, Wellington 6140, New Zealand F +64 4 494 2267
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: 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 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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Precinct Properties New Zealand Limited
hello@precinct.co.nz
0800 400 599
precinct.co.nz
Auckland Office
Level 12, 188 Quay Street, Auckland 1010
PO Box 5140, Auckland 1141, New Zealand
Wellington Office
Level 3, 31 Waring Taylor Street
PO Box 2, Wellington 6140, New Zealand
20 October 2025


Dear Shareholder,

2025 Annual Meeting of Shareholders
Precinct Properties New Zealand Limited ("Precinct Properties") and Precinct Properties Investments
Limited ("Precinct Investments") (together “Precinct”)

On behalf of the Board of Directors, I am pleased to invite you to the 2025 Annual Meeting of
Shareholders. It will be a hybrid meeting held at Toroa Meeting Suite, Precinct Flex, Commercial
Bay, PwC Tower, Level 2, 15 Customs St West, Auckland on Tuesday 18 November 2025, or online at:
https://meetnow.global/nz. Commencement at 11.30am (NZDT).

Accompanying this letter is:
1. Notice of Annual Meeting which includes explanatory notes and important information.
2. Proxy/Voting Form for appointing a proxy to vote on your behalf.
Please read the documents noted above carefully.
A Virtual Meeting Guide which has instructions for attending the meeting online is available at
www.computershare.com/vm-guide-nz. Please note that attendance and participation to the virtual
meeting will be through a live webcast, accessed through an internet connected computer,
smartphone, tablet or similar device. You will need the latest version of Chrome, Safari or Edge.
Please ensure your browser is compatible.
PRECINCT PROPERTIES RESOLUTIONS
At the meeting, shareholders will be asked to consider and, if thought appropriate, pass the
following four ordinary resolutions. The Board is recommending that you vote in favour of each
resolution.
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.
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.

Precinct Properties New Zealand Limited
hello@precinct.co.nz
0800 400 599
precinct.co.nz
Auckland Office
Level 12, 188 Quay Street, Auckland 1010
PO Box 5140, Auckland 1141, New Zealand
Wellington Office
Level 3, 31 Waring Taylor Street
PO Box 2, Wellington 6140, New Zealand
3. Director 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.
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.
Details of the resolutions above are contained in the explanatory notes to the attached Notice of
Meeting.
PRECINCT INVESTMENTS RESOLUTION
At the meeting, shareholders will be asked to consider and, if thought appropriate, pass the
following one ordinary resolution. The Board is recommending that you vote in favour of th is
resolution.
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.
Details of the resolution above are contained in the explanatory notes to the attached Notice of
Meeting.
QUESTIONS
Following the conclusion of formal business, there will be an opportunity for shareholders at the
meeting (attending either in person or using the virtual meeting platform) to ask questions.
To encourage shareholder participation, we also invite those unable to attend in person to submit
questions ahead of the meeting. If you would like to submit a question, please either email your
question to companysecretary@precinct.co.nz or post your question to the Company Secretary,
Precinct Properties New Zealand Limited, PO Box 5140 Auckland 1141, New Zealand. Please include
your name and shareholder number with your question. During the meeting the Board intends to
answer as many of the most frequently asked questions as is reasonably practicable.
All questions need to be received by Precinct by 11.30am (NZDT) on Friday, 14 November 2025
(noting that questions may be raised by a shareholder at the meeting).
Copies of the Annual Meeting presentation materials will be published and available online shortly
before the meeting begins.

Precinct Properties New Zealand Limited
hello@precinct.co.nz
0800 400 599
precinct.co.nz
Auckland Office
Level 12, 188 Quay Street, Auckland 1010
PO Box 5140, Auckland 1141, New Zealand
Wellington Office
Level 3, 31 Waring Taylor Street
PO Box 2, Wellington 6140, New Zealand
VOTING/PROXY
Votes can be lodged by attending the physical meeting, during the virtual meeting, or by
appointing a proxy to vote on your behalf.
To appoint a proxy you have two options, either:
a) complete and return the enclosed Proxy/Voting Form to Computershare Investor Services:
Level 2, 159 Hurstmere Road, Takapuna, Auckland, New Zealand or Private Bag 92119,
Victoria Street West, Auckland 1142, New Zealand; or
b) complete your proxy appointment online at www.investorvote.co.nz.
Please note for your proxy to be effective it must be received by 11.30am (NZDT) on Sunday, 16
November 2025.
UNDIRECTED PROXIES
If you appoint me or another Director as a proxy, please ensure you direct how you wish to vote by
marking the appropriate box opposite each item of business. All undirected proxies will be cast in
favour of resolutions 1, 2, 4 and 5.

In relation to Resolution 3 (Director’s Remuneration), I, or another director, will only be able to cast
your vote if given an express proxy and discretionary proxies on Resolution 3 will not be valid (due
to voting restrictions, as detailed in the explanatory notes in the Notice of Meeting).
AFTER THE MEETING
For those attending the physical meeting, we would also like to invite you to join the Board and
Executive team of Precinct for light refreshments following the conclusion of the meeting. Should
you have any questions regarding the meeting format or voting process, Computershare our share
registrar can be contacted at: enquiry@computershare.co.nz or +64 9 488 8777 between 8.30am
and 5.00pm, Monday to Friday.

Yours sincerely,

Anne Urlwin
Independent Director and Chair

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Notice of
Meeting

Notice of Meeting
Annual Meeting of Shareholders 2025
Precinct Properties New Zealand Limited ("Precinct
Properties") and Precinct Properties Investments Limited
("Precinct Investments") (together "Precinct")
NZX, through NZ RegCo, has granted a waiver from
Listing Rules 2.14.1, 2.14.2, 7.8 and 7.9 to permit
Precinct Properties and Precinct Investments to provide
consolidated notices of meetings to shareholders.
Date
Tuesday 18 November 2025
Time
11:30 am (NZDT)
Venue
Toroa Meeting Suite, Precinct
Flex, Commercial Bay,
PwC Tower, Level 2,
15 Customs Street West,
Auckland. Or online at
https://meetnow.global/nz
02

Agenda
• 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.
Important Dates
Latest time for receipt of Proxy Forms
11.30am, Sunday 16th November 2025 (NZDT)
Record date for voting entitlements
5.00pm, Friday 14th November 2025 (NZDT)
Annual Meeting
11.30am, Tuesday 18th November 2025 (NZDT)
Notice of Meeting
03
Notice of Meeting

Explanatory Notes
1. Re-election of Anne Urlwin 
Under NZX Listing Rule 2.7.1, a Director must not hold office (without re-election) past the third annual meeting following the
Director’s appointment or three years, whichever is longer. This year, Anne Urlwin retires in accordance with this rule and,
being eligible, stands for re-election by shareholders. Ms Urlwin stands for re-election with the support of the Board and is
considered by the Board to be an Independent Director.
Anne Urlwin
Director, Independent
Term of office
First appointed by the Board in September 2019 and last elected by shareholders in November 2022.
Board Committees
•Audit and Risk Committee
•Environmental, Social and Governance Committee
•People and Performance Committee
Background
Anne is a professional director with experience in a range of sectors including construction, infrastructure,
telecommunications, renewable energy, health and financial services. She is a director of Infratil Limited, City Rail Link
Limited, Ventia Services Group Limited and Vector Limited. Anne is a chartered accountant and is a former Chair of national
commercial construction group Naylor Love and of the New Zealand Blood Service, and a former director of Chorus Limited,
Tilt Renewables Limited, Summerset Group Holdings Limited and Queenstown Airport Corporation Limited. Anne was made
an Officer of the New Zealand Order of Merit for services to business in 2022.
Key Skills
1
Governance; construction and property development; finance, audit & risk management; infrastructure and major projects;
sustainability; commercial experience.
1
Key Skills are defined as the particular skills each director brings to the Precinct Boards and which are considered in Board succession planning.
04

2. Re-election of Chris Meads
Under NZX Listing Rule 2.7.1, a Director must not hold office (without re-election) past the third annual meeting following
the Director’s appointment or three years, whichever is longer. Although Chris Meads is not required to retire in accordance
with this rule this year, in order to maintain best practice Board succession planning, the Board has decided to stagger the
existing re-election schedule. Mr Meads stands for re-election with the support of the Board and is considered by the Board
to be an Independent Director.
Chris Meads
Director, Independent
Term of office
First appointed by the Board in October 2023 and last elected by shareholders in November 2023.
Board Committees
• People and Performance Committee (Chair)
• Audit and Risk Committee
Background
Educated at the University of Auckland and Victoria University of Wellington, Chris has over thirty years’ experience working
in the banking and finance sectors in New Zealand and Hong Kong. Chris has previously worked as an economist,
investment banker and was formerly the Chief Investment Officer of Pantheon Ventures, a large global private markets
investment management firm with investment strategies encompassing private equity, private credit and real assets
including infrastructure and property.
Key Skills
2
Strategic growth; funds management/capital partnering; financial & commercial acumen; international expertise;
governance; people & culture; sustainability.
2
Key Skills are defined as the particular skills each director brings to the Precinct Boards and which are considered in Board succession planning.
Notice of Meeting05
Notice of Meeting

Explanatory Notes
3. Directors’ Remuneration
Under NZX Listing Rule 2.11.1, no remuneration may be paid to a Director in his or her capacity as a Director of a Company,
or as a director of a subsidiary (other than a listed subsidiary), unless such remuneration has been authorised by an ordinary
resolution of shareholders. Under the stapled structure, Directors are collectively paid through a contribution from both
Precinct Properties and Precinct Investments. Under waivers granted by NZX Limited, through NZ RegCo, in 2023, there
is no requirement for Directors' remuneration to be authorised by separate resolutions of Precinct Properties and Precinct
Investments. This resolution is therefore being proposed by Precinct Properties. The remuneration that Precinct currently
pays to Directors is set out in the table below.
Under NZX Listing Rule 2.11.2(b) Director remuneration may be satisfied by an issue of stapled securities made in accordance
with NZX Listing Rule 4.7, should Precinct and Director(s) agree to that.  While there is no current intention to do so, Precinct
seeks shareholder approval to have the flexibility to satisfy remuneration in stapled securities, in full or in part at a future
time, in accordance with NZX Listing Rule 4.7.
The amount of Director remuneration was last reviewed during 2023 by independent advisers, PwC. At Precinct's ASM
in November 2023, shareholders approved an increase in Independent Director fees (other than the Chair's fee) to
reflect increased regulatory risk and obligations increasing demand on Directors’ time and broadening their scope of
responsibilities. Precinct's policy is to engage an external review of director remuneration every two years. The Company has
re-engaged PwC to update the New Zealand listed company benchmark data last provided in 2023. This review includes
the roles of chair, committee chairs, committee members and base non-executive director fees. A summary of PwC's report
together with their attestation of independence is available on Precinct's website in the Corporate Governance section.
The Board asked PwC to present benchmark data in their report on the basis that the Chair fee includes all committee
membership fees, rather than on the basis of the Chair receiving committee membership fees in addition to the base Chair
fee (which has been the Precinct practice to date). The former approach and presentation aligns with predominant practice
in the market.
The Precinct Board reviewed the PwC benchmark data and, based on a comparison of the Precinct Directors’ fees to the
market data, considers the proposed increases to the Directors’ remuneration set out in the table below are appropriate.
The Board is conscious of its obligation to ensure Directors' fees are set and managed in a manner which is fair, flexible and
transparent. At the same time, the Board seeks to ensure that Directors' fees are set at an appropriate level to assist Precinct
Properties and Precinct Investments to secure and retain the skills, knowledge and experience at Board level necessary to
govern the business and are well aligned with Precinct’s strategy. In line with this commitment, the Board has reviewed the
current Directors’ fees and proposes modest adjustments that are aligned with market benchmarks.
06

Director Remuneration - Current and Proposed
Position
Current
Remuneration
1
Proposed
Remuneration
1
Amount of increase
2
Comparison to the
market median
3
Chair
4
$182,340$214,240$0 (0%)101%
Independent Director$98,800$98,800$0 (0%)99%
Audit and Risk Committee Chair$20,000$23,000$3,000 (15%)100%
People and Performance Committee Chair$17,500$20,000$2,500 (14%)100%
Environment, Social & Governance
Committee Chair
$17,500$20,000$2,500 (14%)100%
Audit and Risk Committee Member$11,900$11,900$0 (0%)99%
People and Performance Committee Member$10,000$10,000$0 (0%)100%
Environment, Social & Governance
Committee Member
$10,000$10,000$0 (0%)93%
Due Diligence Committee Chair (ad hoc
hourly rate)
$380/hr$380/hr$0 (0%)N/A
Due Diligence Committee Member (ad hoc
hourly rate)
$350/hr$350/hr$0 (0%)N/A
Annual Cap for Due Diligence Committee Fees$100,000$100,000$0 (0%)N/A
1$ per annum (plus GST, if any), unless otherwise stated.
2When assessed across total director fees, the overall increase is 0.97%.
3Comparison is calculated using the proposed remuneration. See PwC's report on the Corporate Governance section of Precinct's website for
details of the comparator group used by PwC.
4Under Precinct's current Director Remuneration, the Chair is paid a base fee of $182,340 with an additional $31,900 in Committee fees
(Audit and Risk Committee, Environment, Social & Governance Committee and People and Performance Committee). Under the proposed
Remuneration, the Chair's fee is inclusive of all Committee membership fees, but otherwise remains unchanged.
If Resolution 3 is passed, the changes to the Directors’ remuneration will take effect on and from 18 November 2025.
Voting Restrictions
In accordance with NZX Listing Rule 2.11.1, the fees payable to non-executive directors must be approved by an ordinary
resolution of the shareholders of the Company. In accordance with NZX Listing Rule 6.3.1, no director or their Associated
Persons (as defined under the Listing Rules) can vote on such resolutions, unless casting votes under an express proxy of a
person who is not disqualified from voting. Discretionary proxies given to persons disqualified from voting will not be valid.
4. Remuneration of the Auditor
The proposed resolutions are to authorise the Directors to fix the auditor’s remuneration for the following year for the
purposes of section 207S of the Companies Act 1993. Section 207T of the Companies Act 1993 provides that a company’s
auditor is automatically reappointed unless there is a resolution or other reason for the auditor not to be reappointed.
Precinct Properties and Precinct Investments (respectively) would like Ernst & Young to continue as the Precinct auditor, and
Ernst & Young has indicated its willingness to continue in office. Pursuant to section 207T of the Companies Act 1993, Ernst
& Young is automatically reappointed at the annual meeting as auditor of the Companies. Section 207S of the Companies
Act 1993 provides that the fees and expenses of Ernst & Young as auditor are to be fixed by the Companies at the Annual
Meeting or in such a manner as shareholders of Precinct Properties and Precinct Investments determine at their Annual
Meeting. The Boards of Precinct Properties and Precinct Investments respectively propose that, consistent with past practice,
the auditor’s fees should be fixed by the Directors.
Notice of Meeting
07
Notice of Meeting

Important Information
Transport
Public transport options are available via buses, trains
and ferries to the venue. For those who are driving,
parking is available in the Downtown Carpark, entry
at 31 Customs Street West. From Downtown Carpark,
attendees can walk directly across the air bridge through
188 Quay Street to the Commercial Bay Retail Centre.
Once in the Retail Centre, travel up one level and enter
level 2 of the PwC Tower. Please refer to the schedule of
fees at the carpark entry. Mobility parking is available in
the Downtown Carpark.
Hybrid Meeting
As noted above, Precinct has decided to host its Annual
Meeting online as well as in person this year. Our online
meeting provides you the opportunity to participate
online using your smartphone, tablet or computer. If
you choose to attend online you will be able to view a
live webcast of the meeting, ask questions and submit
your votes in real time. You will need the latest version
of Chrome, Safari or Edge. Please ensure your browser
is compatible. In order to participate remotely you will
need to visit https://meetnow.global/nz. Details of how to
participate ‘virtually’ are included in the Virtual Meeting
Guide available at www.computershare.com/vm-guide-
nz. Shareholders are encouraged to review this guide
prior to the Annual Meeting. If you have any questions,
or need assistance with the online process, please contact
Computershare on +64 9 488 8777 between 8.30am and
5.00pm Monday to Friday.
Voting
Resolutions 1 to 5 are ordinary resolutions and are
required to be passed by a simple majority of the votes
of those shareholders who are entitled to vote and voting
on the resolution, in person or by proxy.
Voting entitlements will be determined as at 5.00pm
(New Zealand time) on Friday 14th November 2025.
Registered shareholders at that time will be the only
persons entitled to vote and only the shares registered in
those shareholders' names at that time may be voted at
the meeting.
Shareholders may cast their votes using one of the
following options:
•At the Annual Meeting: Shareholders present at the
meeting will be handed voting papers, which can
be completed and handed in at the conclusion
of the meeting. Alternatively, shareholders can
vote online by attending the meeting virtually
through the Computershare Meeting Platform https://
meetnow.global/nz. Please refer to the Virtual Meeting
Guide available at www.computershare.com/vm-
guide-nz for more information. You will need the
latest version of Chrome, Safari or Edge to access the
meeting. Please ensure your browser is compatible.
•Appoint a proxy to vote: You may appoint a proxy
or corporate representative (if the shareholder is a
body corporate) to attend the Annual Meeting, to act
generally at the meeting and to vote on your behalf.
To do this, you should complete the enclosed Proxy/
Voting Form. You may return your Proxy Form by:
–Completing the Proxy Form and posting it to
the share registrar; or
–Completing the Proxy/Voting Form online
at www.investorvote.co.nz
The Chair of the meeting is available to act as a proxy.
If, in appointing a proxy, you have inadvertently not
named someone to be your proxy (either online or on the
enclosed proxy form), the Chair of the meeting will be
your proxy and will vote in accordance with your express
direction. In the absence of express instructions, the Chair
or any director appointed proxy will vote in favour of all
resolutions. All completed Proxy Forms must be received
by 11:30am (NZDT) on Sunday 16th November 2025 to
be effective.
• A proxy need not be a shareholder of the Company.
• The Chair of the meeting intends to vote all discretionary
proxies given to her in favour of all resolutions.
• Voting on all resolutions put before the meeting will be
conducted by way of a poll only.
08

Questions
Following the conclusion of formal business, there will be
an opportunity for shareholders at the meeting (attending
either in person or using the virtual meeting platform) to
ask questions. To encourage shareholder participation,
we also invite those unable to attend in person to submit
questions ahead of the meeting. If you would like to
submit a question, please either email your question to
companysecretary@precinct.co.nz or post your question
to the Company Secretary, Precinct Properties New
Zealand Limited, PO Box 5140 Auckland 1141, New
Zealand. Please include your name and shareholder
number with your question. During the meeting the Board
intends to answer as many of the most frequently asked
questions as is reasonably practicable. All questions need
to be received by Precinct by 11.30am (NZDT) on Friday
14th November 2025 (noting that the questions may be
raised by a shareholder at the meeting). Copies of the
Annual Meeting presentation materials will be published
and available online shortly before the meeting begins.
Yours faithfully,
Louise Rooney
Company Secretary
20 October 2025
Notice of Meeting09
Notice of Meeting

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Go online to lodge your proxy or turn over to complete the form.
Proxy/Voting
How to Vote on
Items of Business
All your securities will be voted in accordance with your directions.
Appointment of Proxy
If y ou do not plan to attend the meeting, you may appoint a proxy. The Chair of the meeting,
or a ny o ther director, is w illing to act as proxy for any shareholder who wishes to appoint him
or h er for that purpose. To d o t his, e nter ‘the Chair’ or the name of your proxy in the space
allocated in ‘Step 1’of this form. If, in appointing a proxy, you have inadvertently not named
someone to be your proxy (either online or on the enclosed proxy form) the Chair of the
meeting will be your proxy and will vote only in accordance with your express direction. In
the absence of express instructions, votes will be cast in favour of resolutions 1, 2, 4 and 5.
In relation to Resolution 3, the C hair or any other director will only be able to cast votes if
given an express proxy (discretionary proxies on Resolution 3 will not be valid). Alternatively
you can appoint a proxy online at www.investorvote.co.nz.
Voting of your holding
D
irect your proxy how to vote by marking one of the boxes opposite each item of business.
If you do not mark a box your proxy may vote as they choose. In the absence of express
in
structions the Chair or any director appointed proxy will vote in favour of resolutions 1, 2, 4
a
nd 5. In relation to Resolution 3, proxies given to the Chair or a director will only be able to
be
cast if an express proxy has been given. If you mark more than one box on an item your
vot
e will be invalid on that item. Voting entitlements for the meeting will be determined as at
5.00pm (New Zealand time) on Frid
ay, 14 November 2025. Registered shareholders at that
time will be the only persons ent
itled to vote and only the shares registered in those
shareholders’ names at that time may be voted.
In
accordance with the updated NZX Listing Rules, voting on all resolutions put before the
meeting will be conducted by poll.
Attending the Meeting in Person
Brin
g this form to assist registration. If a representative of a corporate securityholder or proxy
i
s to attend the meeting you will need to provide the appropriate “Certificate of Appointment
o
f Corporate Representative” prior to admission.
Attending the Meeting Virtually
S
hareholders can attend the meeting virtually through the Computershare Meeting Platform
https://meetnow.global/nz. To access the meeting, click ‘Go’ under the Precinct Properties
Group meeting and then click ‘JOIN MEETING NOW’. By using the meeting platform, you will
b
e able to watch the meeting, vote and ask questions online using your smartphone, tablet or
de
sktop device.
Please refer to the Virtual Meeting Guide available at www.computershare.com/vm-guide-nz
for more info
rmation.
You will need the latest version o
f Chrome, Safari or Edge to access the meeting.
Please ensure your browser is compatible. If you appoint a proxy to cast your vote,
you are still able to attend the meeting virtually through the Computershare Meeting
Platform, however, you will not be able to cast your votes held by your proxy.
For any assistance with the online process, you may contact Computershare on
+64 9 488 8777 between 8.30am-5.00pm Monday to Friday.
Signing Instructions for Postal Proxies
Individual
W
here the holding is in one name, t he securityholder must sign.
Joint Holding
W
here the holding is in more than one name, all of the securityholders should sign.
Power of Attorney
If this Proxy Form has been signed under a power of attorney, a copy of the power of
attorney (unless already deposited with the Company) and a signed certificate of non-
revocation of the power of attorney must be produced to the Company with this Proxy
Form.
Companies
This form must be signed by a Director jointly with another Director or a Sole Director
can also sign alone. Please sign in the appropriate place and indicate the office held.
Comments & Questions
S
hareholders present at the meeting will have the opportunity to ask questions during
th
e meeting, in-person or virtually via the webcast portal. Also, the Board is offering
shareholders the opportunity to ask the Board questions in advance of the annual
meeting. If you would like to ask a question, please either email your question to
companysecretary@precinct.co.nz o
r post your question to the Company Secretary,
Precinct Properties New Zealand Limited, PO Box 5140 Auckland 1141, New Zealand.
Please include your name and shareholder number with your question. During the
meeting the Board intends to answer as many of the most frequently asked questions
as is reasonably practicable. All questions need to be received by Precinct by
11:30am (NZDT) on Friday, 14 November 2025. Please note that no amendments to
resolutions proposed will be accepted.
Lodge your proxy
Online
www.investorvote.co.nz
By Mail
Computershare Investor Services Limited
Private Bag 92119, Auckland 1142, New Zealand
For all enquiries contact
+64 9 488 8777
corporateactions@computershare.co.nz
Lodge your proxy online, 24 hours a day, 7 days a week:
www.investorvote.co.nz
Scan the QR code to vote now.
Smartphone?
For your proxy to be effective it must be received by 11:30 am (NZDT) on Sunday, 16 November 2025.
Your secure access information
Control Number: CSN/Securityholder Number:
PLEASE NOTE: You will need your CSN/Shareholder Number and postcode or country of residence (if outside New Zealand) to
securely access InvestorVote and then follow the prompts to appoint your proxy and exercise your vote online.

Proxy/Corporate Representative Form
STEP 1
STEP 1
appointof
or failing him/herof
as my/our proxy to act generally at the meeting on my/our behalf and to vote in accordance with the following directions at the Annual Meeting of Precinct Properties
New Zealand Limited and Precinct Properties Investments Limited to be held in the Toroa Meeting Suite, Precinct Flex, Commercial Bay, PwC Tower, Level 2,
15 Customs Street West, Auckland at 11.30 am (NZDT) on Tuesday, 18 November 2025 and to vote as my/our proxy thinks fit (to the extent permitted by law
and relevant listing rules) on any resolution at the Annual Meeting (or any adjournment thereof) so as to give effect to my/our intention as set out below
where possible.
I/We being a shareholder/s of
Precinct Properties New Zealand Limited and Precinct Properties Investments Limited
Appoint a Proxy to Vote on Your Behalf
Elect Electronic Communications
Items of Business - Voting Instructions/Ballot Paper
STEP 1
STEP 2
Please note: If you mark the Abstain box for an item, you are directing your proxy not to vote on your behalf and your votes will not be counted in
computing the required majority.
Signature of Shareholder(s) This section must be completed.
SIGN
or Sole Director/Director
SecurityholderSecurityholderSecurityholder
Contact Name Contact Daytime Telephone Date
For
Against
Abstain
Proxy
Discretion
For
Against
Abstain
Proxy
Discretion
or Director (if more than one)
If your proxy is not the Chair of the Meeting or any other director of the Company, please ensure that you provide their contact details (phone and
email address). If this information is not provided, we cannot guarantee remote admission to the virtual meeting for your proxy.
Proxy contact Details (Phone):
and (Email):
P
recinct Properties New Zealand Limited – Ordinary Resolutions
Resolution 1.
Resolution 2.
Resolution 3.
Resolution 4.
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.
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.
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.
That the Directors be authorised to fix the remuneration of Ernst & Young as auditor for Precinct Properties
New Zealand Limited for the ensuing year.
Precinct Properties Investments Limited – Ordinary Resolution
Resolution 5.
That the Directors be authorised to fix the remuneration of Ernst & Young as auditor for Precinct Properties
Investments Limited for the ensuing year.
ATTENDANCE SLIP
Annual Meeting of Precinct Properties New Zealand Limited and Precinct
Properties Investments Limited to be held in the Toroa Meeting Suite,
Precinct Flex, Commercial Bay, PwC Tower, Level 2, 15 Customs Street
West, Auckland at 11.30 am (NZDT) on Tuesday, 18 November 2025.
Want to receive your communications quickly? Elect electronic communications by providing your email address below
(By providing an email address above it is acknowledged that all communications for my portfolio will be received electronically where offered)
Email Address