PCT Annual General Meeting 2021

The Annual General Meeting of shareholders of Precinct Properties New Zealand Limited will be held on Thursday 4 November 2021, commencing at 11:30 am (NZ time). COVID Alert Levels permitting, it will be a hybrid meeting held at Generator Commercial Bay, Toroa Room, Level 2, PwC Tower 15 Customs St West, Auckland, or online at https://meetnow.global/nz. The agenda for the meeting: o Chair's address to shareholders including welcome and introduction. o CEO's address to shareholders. o Shareholder questions and discussion. o To consider, and if thought appropriate, pass the following six ordinary resolutions and one special resolution: Ordinary resolutions 1. That Graeme Wong be re-elected as a director. 2. That Chris Judd be elected as a director. 3. That Nicola Greer be elected as a director. 4. That Mark Tume be elected as a director. 5. That the directors be authorised to fix the remuneration of the independent directors of the Company from 4 November 2021 pursuant to the per position sums shown in the "Proposed Remuneration" column of the table shown in note 2 of the explanatory notes. 6. That the directors be authorised to fix the remuneration of Ernst & Young as auditor for the ensuing year. Special resolution 7. That the existing constitution of the Company is revoked, and the constitution presented at the meeting is adopted as the constitution of the Company. o Other business: To consider any other matter that may properly be brought before the meeting. The Notice of Meeting, which explains the format of the meeting in more detail, is being sent to Shareholders today. It has also been provided to NZX, together with the Proxy/Voting Form and Virtual Meeting Guide. Please note for your proxy to be effective it must be received by 11.30 am (NZ time) on Tuesday, 2 November 2021. COVID-19 Implications Precinct is closely monitoring the COVID-19 situation in New Zealand. This year we have decided to also hold the meeting online in addition to its usual in-person meeting. Depending on the Covid Alert Level in force at the time of the meeting, Precinct may be required to limit the number of in-person attendees at the venue. In addition, the Company may, in its sole discretion, elect to hold the Annual Meeting as an online only meeting if it considers there are potential risks to the health of meeting attendees or if an in-person meeting is prohibited by law. In such circumstances, we will provide shareholders with as much notice as possible. -ends- For further information, contact: Louise Rooney General Counsel & Company Secretary Office +64 21 294 3189 Email: louise.rooney@precinct.co.nz About Precinct (PCT) Precinct is New Zealand's only listed city centre specialist investing predominantly in premium and A-grade commercial office property. Listed on the NZX Main Board, PCT currently owns Auckland's HSBC Tower, AON Centre, Jarden House, Deloitte Centre, 204 Quay Street, Mason Bros. Building, 12 Madden Street, 10 Madden Street, PwC Tower and Commercial Bay Retail; and Wellington's AON Centre, NTT Tower, Central on Midland Park, No. 1 and No. 3 The Terrace, Mayfair House, Charles Fergusson Building, Defence House, Bowen House and Freyberg Building. Precinct owns Generator NZ, New Zealand's premier flexible office space provider. Generator currently offers 13,600 square metres of space across eight locations in Auckland. End CA:00380492 For:PCT Type:MEETING Time:2021-10-06 11:37:45