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

GMT corporatised and stapled structure completed

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