Stride Property Group · NZX:SPG
Stride Property — Shareholder Meeting (July 2026)
28 slides from Stride Property's shareholder meeting presentation, July 2026
Slide 1: Stride Property Group Annual Shareholder Meetings 2026
Stride Property Group Annual Shareholder Meetings 2026
Slide 2: Boards of Directors
Boards of Directors David Green Ross Buckley Michelle Tierney Chair of Boards, Chair of the Audit and Risk Independent Independent Committee, Independent Nick Jacobson Tracey Jones Hsueh Ling Ng Craig Hopkins Independent Independent Independent Future Director Stride Property Group | Annual Sharehol
Slide 3: Management
Management Philip Littlewood Jennifer Whooley Claire Fisher Chief Executive Officer Chief Financial Officer GM Corporate Services / Company Secretary Stride Property Group | Annual Shareholder Meetings 2026 3
Slide 4: Agenda
Agenda Chair’s Address Chief Executive Officer’s Address Outlook Resolution for Stride Property Limited Resolutions for Stride Investment Management Limited General Business and Shareholder Questions 2026 Stride Property Group | Annual Shareholder Meetings 2025 4
Slide 5: Chair's Address
Chair’s Address Stride Property Group | Annual Shareholder Meetings 2026 2025 5 5
Slide 6: Financial overview
Financial overview Stride Property Group $31.3m Profit after income tax up +$9.6m on FY25 8.78cps Distributable profit per share up +0.14cps on FY25 $22.9m SIML management fee income up +$2.5m on FY25 Net tangible assets (NTA) $1.69 as at 31 Mar 26 down $(0.03) on 31 Mar 25 FY26 combined cash divide
Slide 7: Capital Management
Capital Management Stride Property Limited as at 31 March 2026 34% 24% 95% 5.0% Bank LVR1 Balance sheet Drawn debt fixed Weighted average LVR2 cost of debt 1. Calculated as bank debt as a percentage of the value of investment property for mortgage security purposes. 2. Balance sheet LVR includes SPL
Slide 8: Chief Executive Officer's Address
Chief Executive Officer’s Address Stride Property Group | Annual Shareholder Meetings 2026 2025 8 8
Slide 9: Products
Products Stride has AUM of $3.3bn over four Products $1,128m Property categorised as ‘Development and Other’ $879m $850m $175m Town centre $137m Town Centre $1,109m $446m Office $670m $712m Office $423m Sector focus: Office and town centre Convenience-based retail Industrial Retail shopping centres
Slide 10: Diversified portfolio and revenue sources
Diversified portfolio and revenue sources Stride combines a property investment business (SPL) with an investment management business (SIML) FY26 look-through revenue sources SPL’s weighted look-through portfolio value as at 31 Mar 26 5% $2,424m Activity 16% fees Recurring Office management Retail s
Slide 11: FY26 management fee income
FY26 management fee income • External management fee income $22.9m (+$2.5m on FY25), with $14.3m from open-ended Products • $200m+ growth in open-ended Products AUM • Pipeline includes Industre’s ~$70m development project at Patiki Road over FY27/28, subject to final construction pricing $22.9m $5.9
Slide 12: Investore and Diversified portfolio updates
Bunnings, Westgate • Total portfolio valuation of $1.1bn as at 31 Mar 26 • $225m of strategic acquisitions and disposals since 31 Mar 25, including the acquisition of Silverdale Centre from SPL, enhancing portfolio diversification and growth outlook • Expansion of mandate to capture convenience-base
Slide 13: Developments
• Total portfolio valuation of $850m as at 31 Mar 26 • Like-for-like rental growth of +3.5% • 22% of net Contract Rental subject to market review or expiry in FY27 and FY28, with potential reversion of +15% 16a Wickham Street, Hamilton 14-20 Favona Road, Auckland Favona Road Development Developments
Slide 14: Office and Town Centre portfolio
Office and Town Centre portfolio • Stride’s office and town centre portfolio is valued at $879m as at 31 Mar 26 • Silverdale Centre sold to Investore, creating balance sheet headroom while retaining management • Repositioning works at 34 Shortland Street and 215 Lambton Quay are largely complete; an
Slide 15: Progress on sustainability
Progress on sustainability 79/100 GRESB score achieved during FY26, an improvement of +10 points from the prior year Energy efficiency software installed in Auckland office assets, targeting efficiency improvement of HVAC Auckland Transport’s Fareshare programme Town Centre implemented at Stride’s h
Slide 16: Outlook
Outlook Stride Property Group | Annual Shareholder Meetings 2026 2025 16 16
Slide 17: Outlook
Outlook • Recent offshore developments have reintroduced inflation pressures and market uncertainty, weighing on business and consumer confidence • Should Diversified investors seek liquidity in FY27, associated project fees offset lost management fee income in near term with a 5-6% impact to DPPS o
Slide 18: Formal Business
Formal Business Stride Property Group | Annual Shareholder Meetings 2026 2025 18 18
Slide 19: Stride Property Limited Resolution
Stride Property Limited Resolution Stride Property Group | Annual Shareholder Meetings 2026 2025 19 19
Slide 20: Resolution 1: Auditor's Remuneration
Resolution 1: Auditor’s Remuneration That the Directors be authorised to fix the remuneration of PwC as auditor of Stride Property Limited for the ensuing year. Stride Property Group | Annual Shareholder Meetings 2026 20
Slide 21: SPL Proxy Votes Received
SPL Proxy Votes Received Resolution 1: Auditor’s Remuneration Proxy Votes Lodged For Against Discretionary 355,408,140 94.51% 0.13% 5.35% Stride Property Group | Annual Shareholder Meetings 2026
Slide 22: Stride Investment Management Limited Resolutions
Stride Investment Management Limited Resolutions Stride Property Group | Annual Shareholder Meetings 2026 2025 22 22
Slide 23: Resolution 1: Auditor's Remuneration
Resolution 1: Auditor’s Remuneration That the Directors be authorised to fix the remuneration of PwC as auditor of Stride Investment Management Limited for the ensuing year. Stride Property Group | Annual Shareholder Meetings 2026 23
Slide 24: Resolution 2: Re-election of Director Tracey Jones
Resolution 2: Re-election of Director Tracey Jones That Tracey Jones be re-elected as a Director of Stride Investment Management Limited. Stride Property Group | Annual Shareholder Meetings 2026
Slide 25: Resolution 3: Election of Director Hsueh Ling Ng
Resolution 3: Election of Director Hsueh Ling Ng That Hsueh Ling Ng be elected as a Director of Stride Investment Management Limited. Stride Property Group | Annual Shareholder Meetings 2026
Slide 26: SIML proxy votes received
SIML proxy votes received Resolution 1: Auditor’s Remuneration Proxy Votes Lodged For Against Discretionary 355,916,162 94.51% 0.14% 5.35% Resolution 2: Re-election of Director Tracey Jones Proxy Votes Lodged For Against Discretionary 336,836,762 88.32% 6.30% 5.38% Resolution 3: Election of Director
Slide 27: General Business and Shareholder Questions
General Business and Shareholder Questions Stride Property Group | Annual Shareholder Meetings 2026 2025 27 27
Slide 28: Thank you
Thank you Important Notice: The information in this presentation is an overview and does not contain all information necessary to make an investment decision. It is intended to constitute a summary of certain information relating to the performance of Stride Property Group for the year ended 31 Marc
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