IRD Product Ruling received

Goodman Property Services (NZ) Limited as Manager of Goodman Property Trust, Level 8, Beca House, 124 Halsey Street,
Wynyard Quarter, Auckland 1010, New Zealand | PO Box 90940, Victoria Street West, Auckland 1142, New Zealand
Tel +64 9 375 6060 | Info-nz@goodman.com | www.goodman.com/nz




nzx release+
IRD Product Ruling received
Date 27 February 2026
Release Immediate
Further to the announcement made today of the proposal to corporatise Goodman
Property Trust (“GMT” or the "Trust") and move to a stapled structure for the business,
GMT is pleased to advise it has received a binding Product Ruling from Inland Revenue.
The Ruling relates to GMT’s distribution to its unitholders and whether this distribution is
excluded income of the unitholders under s CX 56C of the Income Tax Act 2007.
The Ruling will apply for the period beginning on 27 February 2026 and ending on 26
February 2027.

For further information, please contact:
Andy Eakin
Chief Financial Officer
Goodman Property Services (NZ) Limited
(09) 375 6077



About Goodman Property Trust:
GMT is a managed investment scheme, listed on the NZX. It has a market capitalisation of around $3.0 billion, ranking it in
the top 25 of all listed investment entities. GMT’s extensive warehouse and logistics portfolio provides essential supply chain
infrastructure for more than 200 customers. GMT holds an investment grade credit rating of BBB from S&P Global Ratings.