GMT corporatised and stapled structure completed

Further to the announcement on 27 February 2026 and detailed in the Notice of Meeting of Holders of Bonds dated 27 February 2026 (“Notice of Meeting”) released by GNZ Bond Issuer Limited (“GMB”), Goodman NZ (“GNZ”) today announced the proposal to transition Goodman Property Trust (“GMT” or the “Trust”) to a corporatised and stapled structure (the “Transaction”) has completed. This means: • the amendments to the Bond documents approved by Holders of the Bonds are effective; and • Goodman New Zealand Limited and Goodman Property Services (NZ) Limited have adopted the new Sustainable Finance Framework referred to in the Notice of Meeting. The new Sustainable Finance Framework is available at https://nz.goodman.com/investor-centre/sustainable-finance. The Transaction was subject to a number of conditions being satisfied, including Unitholders passing an Extraordinary Resolution and Holders of Bonds issued by GNZ Bond Issuer Limited passing the Special Resolutions listed in the Notice of Meeting, which were passed on 31 March 2026. All other conditions to proceed with the Transaction are now satisfied. For further information, please contact: John Dakin Chair Goodman Property Services (NZ) Limited (09) 375 6063 James Spence Chief Executive Officer Goodman Property Services (NZ) Limited (09) 903 3269 About Goodman NZ: Goodman NZ (GNZ) is New Zealand's leading warehouse and logistics space provider, with a high quality industrial property portfolio valued at $4.7 billion (including assets under management) as at 30 September 2025. GNZ has more than 200 customers, a proven development capability and is focused on core industrial property markets in Auckland. GNZ is one of the NZX’s largest listed issuers and holds an investment grade credit rating of BBB from S&P Global Ratings.