Capital Change Notice - 2024 & 2025 LTI Scheme Vesting

Please find attached a Capital Change Notice for the vesting of 99,521 Performance Share Rights under PFI's 2024 and 2025 Executive Long Term Incentive Plan. ENDS ABOUT PFI PFI is an NZX listed industrial property specialist, owning over 90 quality properties worth more than $2 billion. Our well diversified portfolio is focused on strategic locations that drive value and growth for the industrial sector, for our tenants, and for our investors. Since listing on the NZX in 1994, we’ve built a strong track record of delivering consistent returns. We invest for the long-term, combining our capital and specialist industry capability to deliver the successful outcomes all our stakeholders need. CONTACT SIMON WOODHAMS Chief Executive Officer — +64 21 749 770 woodhams@pfi.co.nz CRAIG PEIRCE Chief Finance and Operating Officer — +64 21 248 6301 peirce@pfi.co.nz Property for Industry Limited — Level 4, Hayman Kronfeld Building, 15 Galway Street, Auckland 1010 — PO Box 1147, Shortland Street, Auckland 1140