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Further to the announcement made today of the proposal to corporatise Goodman Property Trust (“GMT” or the "Trust") and move to a stapled structure for the business, GMT is pleased to advise it has received a binding Product Ruling from Inland Revenue. The Ruling relates to GMT’s distribution to its unitholders and whether this distribution is excluded income of the unitholders under s CX 56C of the Income Tax Act 2007. The Ruling will apply for the period beginning on 27 February 2026 and ending on 26 February 2027. For further information, please contact: Andy Eakin Chief Financial Officer Goodman Property Services (NZ) Limited (09) 375 6077 About Goodman Property Trust: GMT is a managed investment scheme, listed on the NZX. It has a market capitalisation of around $3.0 billion, ranking it in the top 25 of all listed investment entities. GMT’s extensive warehouse and logistics portfolio provides essential supply chain infrastructure for more than 200 customers. GMT holds an investment grade credit rating of BBB from S&P Global Ratings.