SPH Notice – Salt Funds Management Limited

Disclosure of ceasing to have substantial holding Section 279, Financial Markets Conduct Act 2013 To NZX Ltd and To Stride Property Ltd & Stride Investment Management Ltd - SPG Date this disclosure made: 24 January 2018 Date last disclosure made: 10 August 2017 Date on which substantial holding ceased: 19 January 2018 Substantial product holder(s) giving disclosure Full name(s): Salt Funds Management Limited Summary of previous substantial holding Class of quoted voting products: Stride Property Group Stapled Securities (SPG) Summary for Salt Funds Management Limited For last disclosure,-- (a) total number held in class: 21,996,933 (b) total in class: 364,989,277 (c) total percentage held in class: 6.027% For current holding after ceasing to have substantial holding,-- (a) total number held in class: 18,212,735 (b) total in class: 364,989,277 (c) total percentage held in class: 4.990% Details of transactions and events giving rise to ceasing of substantial holding Details of the transactions or other events requiring disclosure: On market purchases of 2,522,030 shares for a consideration of $4,138,557 over the period 9th August 2017 to 13th December 2017 & on market sales of 6,306,228 shares for a consideration of $10,776,626 over the period 15th September 2017 to 19th January 2018. Additional information Address(es) of substantial product holder(s): Level 3, The Imperial Buildings 44 Queen Street Auckland 1050 Contact details: Julia Diepbrink +64 9 869 2933 Julia.diepbrink@saltfunds.co.nz Name of any other person believed to have given, or believed to be required to give, a disclosure under the Financial Markets Conduct Act 2013 in relation to the financial products to which this disclosure relates: N/A Certification I, Julia Diepbrink, 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. End CA:00313385 For:SPG Type:SHINTR Time:2018-01-24 16:17:17