PCT Notice of Meeting 2023

Precinct Properties New Zealand Limited (Precinct) and Precinct Properties Investments Limited (Precinct Investments) (together, Precinct Properties Group) advise that their consolidated Annual General Meeting of shareholders will be held on Tuesday 14 November 2023, commencing at 11:30 am (NZ time). 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. o CEO's address to shareholders. o Shareholder questions and discussion. o To consider, and if thought appropriate, pass the following Precinct resolutions: Ordinary resolutions 1.That Chris Meads be elected as a director. 2.That the directors be authorised to fix the remuneration of the independent directors of Precinct from 14 November 2023 pursuant to the per position sums shown in the "Proposed Remuneration" column of the table shown in note 2 of the explanatory notes. 3.That the directors be authorised to fix the remuneration of Ernst & Young as auditor for the ensuing year. Special resolution 4.That the constitution of Precinct is amended by deleting clause 4 of Schedule 2 and substituting the following: 4 Proxy form must be sent or made available with notice A proxy form must be sent or made available with each notice of meeting. o To consider, and if thought appropriate, pass the following Precinct Investments resolutions: Ordinary resolution 5.That the directors be authorised to fix the remuneration of Ernst & Young as auditor for the ensuing year. Special resolution 6.That the constitution of Precinct Investments is amended by deleting clause 4 of Schedule 2 and substituting the following: 4 Proxy form must be sent or made available with notice A proxy form must be sent or made available with each notice of meeting. 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 Sunday, 12 November 2023. Ends For further information, please contact: Louise Rooney General Counsel & Company Secretary Mobile: +64 21 294 3189 Email: louise.rooney@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 On 1 July 2023, Precinct effected a restructuring to create a stapled group structure. A stapled group comprises two listed parent companies whose shares are held by the same shareholders in equal proportions. The shares in each parent company can only be transferred or dealt with together. Shareholders in Precinct Properties Group ("Precinct") hold an equal number of shares in Precinct Properties New Zealand Limited ("PPNZ") and Precinct Properties Investments Limited ("PPIL") and these shares can only be dealt with together. The stapled issuers are described as "Precinct Properties NZ Ltd & Precinct Properties Investments Ltd (NS)" on NZX systems and the ticker code for the stapled shares remains PCT. End CA:00419951 For:PCT Type:MEETING Time:2023-10-13 10:01:52