Property For Industry Limited · NZX:PFI
Property For Industry — Shareholder Meeting (October 2025)
30 slides from Property For Industry's shareholder meeting presentation, Oct 21, 2025
Slide 1: Welcome to the FY25 Annual Meeting
Slide 2: FY25 Annual Meeting agenda
FY25 ANNUAL MEETING BOARD PRESENTATION MANAGEMENT TEAM PRESENTATION SHAREHOLDER DISCUSSION ORDINARY RESOLUTIONS GENERAL BUSINESS ee)
Slide 3: Board
PFi 2 © |= < E = WW ”) Ww x a BOARD
Slide 4: Change in balance date and pcp comparison note
Following the change in PFI and its subsidiaries’ balance date from 31 December to 30 June, during the course of this presentation, PFI’s FY25 results have been compared to the unaudited results for the twelve-month period from 1 July 2023 to 30 June 2024, which we will refer to as the prior compara
Slide 5: Introductions
PFi INTRODUCTIONS DEAN BRACEWELL SIMON WOODHAMS Board Chair, Independent Director Chief Executive Officer DAVID THOMSON ANTHONY BEVERLEY Independent Director Independent Director ANGELA BULL Independent Director JEREMY SIMPSON Independent Director FY25 ANNUAL MEETING CAROLYN STEELE Independent Direc
Slide 6: Anthony Beverley retiring as Director
Anthony Beverley will be retiring as a Director of PFI at the conclusion of this Annual Meeting. 6
Slide 7: Average annual total return since inception
average annual total return since inception with all dividends reinvested 7
Slide 8: Chair's Address: Looking Forward
. PFi FY25 ANNUAL MEETING CHAIR’S ADDRESS. LOOKING FORWARD Continuing to close the under-renting gap all nd curther dividend » Yip strengthening our urther dividend growt f . : guidance announced ©) high to a = igher returns _lll
Slide 9: Management Team Presentation
PFi FY25 ANNUAL MEETING MANAGEMENT TEAM PRESENTATION O02
Slide 10: Results Highlights
PFi RESULTS HIGHLIGHTS $73.2 5.3%) $108.0. (412.7%) $1 06.0 (4152.1m) 9,59 cps, 8.1%) s2 all Tb (43.4%) | i | i 8 | 60 cps (A3.6%) ee Li
Slide 11: Portfolio metrics versus June 2024
◄► June 2024: 91 ◄► June 2024: 126 ▲ June 2024: $99.7m ▲ June 2024: 98.6% ▲ June 2024: 5.07 years 11
Slide 12: Sustainability
PFi FY25 ANNUAL MEETING 5 GREEN STAR DESIGN CERTIFIED SUSTAINABILITY Solar installed at further <O three buildings Green Star Performance Energy and Water Pathway certification achieved for 2.4% of portfolio Power metering and monitoring target achieved
Slide 13: Sustainability targets
All significant new buildings to target Increase solar installations across the Install full LED lighting at 80% of minimum 5 Green Star certification portfolio to 1.4MW by the end of FY27 tenancies by the end of FY28 13
Slide 14: Capital Management
FY25 ANNUAL MEETING CAPITAL MANAGEMENT ® a | 5Om retail bond offer az Gearing sitting at 33, (s) IRs U | Weighted average cost of i) l debt-decrease 14
Slide 15: Development Overview
DEVELOPMENT OVERVIEW COMPLETED UPCOMING — . SPEDDING ROAD FY25 ANNUAL MEETING — os - 78 SPRINGS ROAD 15
Slide 16: Springs Road
78 SPRINGS ROAD FY25 ANNUAL MEETING ~$55m ~$3.7m 569m ~60>. >6.5~. ~16,000. 16
Slide 17: Spedding Road Stage 1
PFi FY25 ANNUAL MEETING SPEDDING ROAD 2.5m Q3FY26 ~10,800.: STAGE1 *Indicative design only 7
Slide 18: 92-98 Harris Road
PFi ~$65m FY25 ANNUAL MEETING 92-98 HARRIS ROAD ~ 14,500 18
Slide 19: Portfolio statistics as at 30 September 2025
*All statistics as at 30 September 2025 19
Slide 20: Looking Ahead
LOOKING AHEAD FY26 DIVIDEND GUIDANCE >8.9O0cps Strong industrial Clear growth Well positioned to portfolio opportunities ahead —, deliver higher returns
Slide 21: Shareholder Discussion
PFi FY25 ANNUAL MEETING SHAREHOLDER DISCUSSION
Slide 22: Ordinary Resolutions
PFi FY25 ANNUAL MEETING ORDINARY RESOLUTIONS 04.
Slide 23: Election of Angela Bull as Director
That Angela Bull, who retires and is eligible for election, be elected as a Director of the Company. 23
Slide 24: Election of Carolyn Steele as Director
That Carolyn Steele, who retires and is eligible for election, be elected as a Director of the Company. 24
Slide 25: Election of Dean Bracewell as Director
That Dean Bracewell, who retires and is eligible for election, be elected as a Director of the Company. 25
Slide 26: Auditor fees and expenses
That the Directors are authorised to fix the fees and expenses of the auditors, PricewaterhouseCoopers. 26
Slide 27: Directors' remuneration
That the Directors are authorised to fix the remuneration of the Directors of the Company from the close of this meeting as per the table shown in the Explanatory Notes of the Notice of Meeting. 27
Slide 28: General Business
PFi FY25 ANNUAL MEETING GENERAL BUSINESS 05
Slide 29: Thank you for attending
PFi THANK YOU FOR ATTENDING FY25 ANNUAL MEETING
Slide 30: Disclaimer
The information included in this presentation is provided as at 21 October 2025. Property for Industry Limited (PFI) does not guarantee the repayment of capital or the performance referred to in this presentation. Past performance is not a reliable indicator of future performance. The presentation i
Property For Industry — Shareholder Meeting (October 2025) on 6ix