Sale of ASB North Wharf unconditional

Further to the announcement on 27 January 2026, Kiwi Property advises that consent to the transaction has now been received from the Overseas Investment Office and accordingly the agreement to sell ASB North Wharf in Auckland’s Wynyard Quarter to the Precinct Pacific Investment Limited Partnership for $205 million is now unconditional. Settlement of the transaction is scheduled to occur on 29 May 2026. ENDS For further information: Fraser Gunn Head of Corporate Finance and Investor Relations fraser.gunn@kp.co.nz +64 21 973 534 Megan Stericker Communications Manager megan.stericker@kp.co.nz +64 212 971 998 About us: Kiwi Property (NZX: KPG) is one of the largest listed property companies on the New Zealand Stock Exchange and is a member of the S&P/NZX 20 Index. We have been around for over 30 years and proudly own and manage a significant real estate portfolio comprising some of New Zealand’s best mixed-use, retail and office buildings. Our objective is to provide investors with a reliable investment in New Zealand property through the ownership and active management of a diversified, high-quality portfolio. Kiwi Property is licensed under the Real Estate Agents Act 2008. To find out more, visit our website, kp.co.nz