Precinct announces settlement of Wynyard Quarter Stage 3

Further to the announcement on 15 February 2023, Precinct Properties New Zealand Limited (Precinct) (NZX: PCT) is pleased to confirm that the sale of Wynyard Quarter Stage 3 to Precinct Pacific Investment Limited Partnership (PPILP) has now settled. -ends- For further information, please contact: Scott Pritchard Chief Executive Officer Mobile: +64 21 431 581 Email: scott.pritchard@precinct.co.nz George Crawford Deputy Chief Executive Officer Mobile: +64 21 384 014 Email: george.crawford@precinct.co.nz Richard Hilder Chief Financial Officer Mobile: +64 29 969 4770 Email: richard.hilder@precinct.co.nz About Precinct (PCT) Listed on the NZX Main Board under the ticker code PCT and ranked in the NZX top 30, Precinct is the largest owner, manager and developer of premium inner-city real estate in Auckland and Wellington. Precinct is predominantly invested in office buildings and also includes investment in Generator, Commercial Bay retail, third party capital partnerships, and a multi-unit residential development business. For information visit: www.precinct.co.nz End CA:00408482 For:PCT Type:MKTUPDTE Time:2023-03-16 10:53:08