PLP – Reinvestment of units under DRP

PLP - Issuance of Units (under the Distribution Reinvestment Plan) 24 March 2022 Pursuant to Rule 3.13.2 of the Main Board Listing Rule, Booster Investment Management Limited, in its capacity as manager of the Private Land and Property Fund ('Fund' or NZX:PLP), confirms it has issued an additional 315,362 ordinary units at $1.2015 per unit under the Distribution Reinvestment Plan effective 24 March 2022 Please note that the percentage of total class of Financial Products issued is 0.388% (as a percentage of the units on issue following the previous allotment of units announced on 24 March 2022) For further information regarding the Private Land and Property Fund visit https://www.booster.co.nz/booster-investments/private-land-and-property-fund About Booster Booster Investment Management Limited (Booster) is the manager and issuer of the Fund, and part of the Booster Group which has been helping New Zealanders save since 1998. The group currently administers superannuation and investment funds of over $5 billion on behalf of more than 170,000 New Zealanders. PLP is a managed investment fund that invests in land and property-based investments by investing in units in Booster's Private Land and Property Portfolio. PLP only holds these units. For more information, including a copy of the Product Disclosure Statement, please visit www.booster.co.nz End CA:00389436 For:PLP Type:SECISSUE Time:2022-03-24 15:14:55