Cromwell Property Group · ASX:CMW
Cromwell Property — Shareholder Meeting (November 2025)
30 slides from Cromwell Property's shareholder meeting presentation, Nov 11, 2025
Slide 1: Annual General Meeting 2025 Addresses and Presentation
Tuesday 11 November 2025 ASX Market Announcements Office Exchange Centre 20 Bridge Street SYDNEY NSW 2000 To whom it may concern Cromwell Property Group (ASX:CMW) For personal use only Annual General Meeting 2025 Addresses and Presentation In accordance with ASX Listing Rule 3.13.3, I attach a copy
Slide 2: Chair and CEO's Address to Securityholders: Chair's Address
ASX Announcement 11 NOVEMBER 2025 CHAIR AND CEO’S ADDRESS TO SECURITYHOLDERS CHAIR’S ADDRESS The 2025 financial year marked a pivotal chapter in Cromwell’s transformation. Thanks to the dedication and focus of our team, we’ve made substantial progress in simplifying the business and strengthening ou
Slide 3: CEO's Address
Cromwell Property Group (ASX:CMW) ASX Announcement CEO’S ADDRESS Good afternoon and thank you for joining us today. Operationally, our Investment Portfolio is performing exceptionally well. Occupancy is at a sector-leading 97.6%, and our weighted average lease expiry sits at 5.0 years. The team leas
Slide 4: CEO's Address (continued)
Cromwell Property Group (ASX:CMW) ASX Announcement achieve 6-star environmental ratings. We’re targeting completion in 2027. This will be a very attractive project to bring in capital partners, when the time is right. In more recent news, Cromwell has entered into a conditional agreement to acquire
Slide 5: About Cromwell Property Group
Cromwell Property Group (ASX:CMW) ASX Announcement For investor relations: For retail securityholders: For media: Libby Langtry Cromwell’s Investor Services Team Brendan Altadonna Cromwell Property Group 1300 268 078 GRACosway +61 2 8278 3690 +61 7 3225 7777 +61 409 919 891 libby.langtry@cromwell.co
Slide 6: Cromwell Property Group 2025 Annual General Meeting
For personal use only Cromwell Property Group 2025 Annual General Meeting 11 November 2025 1 C R O M W E L L P R O P E R T Y G R O U P | 2 0 2 5 A G M
Slide 7: Agenda
Agenda For personal use only 1. Chair’s Address Dr Gary Weiss AM, Chair 2. CEO’s Address Jonathan Callaghan, CEO 3. Formal Voting Dr Gary Weiss AM, Chair 4. Items of Business Acknowledgement Dr Gary Weiss AM, Chair of Country 5. Questions Cromwell Property Group acknowledges and Dr Gary Weiss AM, Ch
Slide 8: Board of Directors
Board of Directors For personal use only Dr Gary Weiss AM Eng Peng Ooi Jonathan Callaghan Tanya Cox Non-executive Chair Non-executive Deputy Chair Managing Director / Chief Non-executive Director Executive Officer Joseph Gersh AM Lisa Scenna Jialei Tang Non-executive Director Non-executive Director
Slide 9: 1. Chair's Address
For personal use only 1. Chair’s Address Dr Gary Weiss AM 4 C R O M W E L L P R O P E R T Y G R O U P | 2 0 2 5 A G M 4
Slide 10: Strong platform to support growth initiatives
Strong platform to support growth initiatives Group assets under management: $4.2 billion 1 For personal use only Australia New Zealand Investment Portfolio Funds Management Oyster $2.1 billion $1.3 billion $0.8 billion Total AUM1 Total AUM Total AUM1 AUSTRALIA Tow ns ville 1 72+ 101+ $3.4 billion1
Slide 11: 2. CEO's Address
For personal use only 2. CEO’s Address Jonathan Callaghan 6 C R O M W E L L P R O P E R T Y G R O U P | 2 0 2 5 A G M 6
Slide 12: Key highlights
Key highlights For the financial year ended 30 June 2025 For personal use only 1 Sector leading portfolio management ✓ Investment Portfolio occupancy of 97.6%1: 2 Business simplification and clear growth strategy ✓ Material divestments finalised – transformation delivered: demonstrates Cromwell’s ef
Slide 13: Key highlights
Key highlights For the financial year ended 30 June 2025 For personal use only 3 Strengthened financial position ✓ Strong balance sheet with Group gearing at 28.2%1: 4 Investor diversification and market liquidity below target gearing range, providing capacity for deployment into growth ✓ ESR sold d
Slide 14: FY25 financial summary
FY25 financial summary Overview Financial position For personal use only Statutory loss1 Underlying operating profit1 NTA per unit Liquidity3 $22.6 million $108.6 million $0.56 $504.3 million (equivalent to loss of 0.9 cps) (equivalent to 4.1 cps) (FY24: $0.61) (FY24: $292.3 million) Distributions F
Slide 15: ESG Highlights
ESG Highlights Environmental Social Governance For personal use only 11% Decrease in absolute emissions compared to FY24. 89% FY24 Group tenant satisfaction score (Peer Index 82). • ESG embedded in enterprise risk management, assessed alongside financial and operational risks. Net Zero Scope 2 purch
Slide 16: Investment Portfolio overview
Investment Portfolio overview Diversification by occupier Diversification by state Portfolio value Core assets across key For personal use only (Income) $2.1 billion1 (Value) East Coast markets1 6% 11% 28% (FY24) : $2.2 billion 8 24% 13% 47% 9% Weighted average cap rate Portfolio occupancy (by NLA)
Slide 17: Funds Management update
Funds Management update Development at Barton, ACT Straits Industrial Portfolio and management platform acquisition • Development of a 19,800 sqm office building in Barton, ACT on existing • Conditional agreement to acquire a 19.9% interest in the Straits Real Estate Cromwell landholding Industrial
Slide 18: Funds Management update
Funds Management update Cromwell Direct Property Fund wind up Cromwell Riverpark Trust - extension For personal use only • Full Periodic Liquidity event held in July 2025 with withdrawal requests exceeding 50% of the Fund’s total unit • CFM is required to begin the process of realising assets and in
Slide 19: Group strategy
Group strategy Strategic direction Pathway to execution For personal use only We will be an Organic growth Existing product Platform growth acquisitions Australian capital light investment manager • Targeted asset acquisitions for • Partnering with like-minded • Growth through new product launches,
Slide 20: Key priorities for FY26
Key priorities for FY26 For personal use only • Capital deployment and partners: Opportunity to leverage improving market conditions and Cromwell’s strong capital position to accelerate growth in Funds Management recurring fee income through organic expansion and strategic acquisitions with capital
Slide 21: 3. Formal Voting
For personal use only 3. Formal Voting 16 C R O M W E L L P R O P E R T Y G R O U P | 2 0 2 5 A G M
Slide 22: 4. Items of Business
For personal use only 4. Items of Business 17 C R O M W E L L P R O P E R T Y G R O U P | 2 0 2 5 A G M
Slide 23: Business item: Consideration of Reports
Business item 1 CONSIDERATION OF REPORTS For personal use only This is not the subject of a formal resolution and no proxies apply. 18 C R O M W E L L P R O P E R T Y G R O U P | 2 0 2 5 A G M
Slide 24: Re-election of Dr Gary Weiss as a Director
Business item 2 RE-ELECTION OF DR GARY WEISS AS A DIRECTOR For personal use only “That Dr Gary Weiss AM, who retires by rotation in accordance with the constitution of Cromwell Corporation Limited and offers himself for re-election, is re-elected as a director of Cromwell Corporation Limited.” Numbe
Slide 25: Re-election of Mr Joseph Gersh as a Director
Business item 3 RE-ELECTION OF MR JOSEPH GERSH AS A DIRECTOR For personal use only “That Mr Joseph Gersh, who retires by rotation in accordance with the constitution of Cromwell Corporation Limited and offers himself for re-election, is re-elected as a director of Cromwell Corporation Limited.” Numb
Slide 26: Re-election of Ms Lisa Scenna as a Director
Business item 4 RE-ELECTION OF MS LISA SCENNA AS A DIRECTOR For personal use only “That Ms Lisa Scenna, who retires by rotation in accordance with the constitution of Cromwell Corporation Limited and offers herself for re-election, is re-elected as a director of Cromwell Corporation Limited.” Number
Slide 27: Adoption of Remuneration Report
Business item 5 ADOPTION OF REMUNERATION REPORT For personal use only “That the Remuneration Report of Cromwell Corporation Limited for the financial year ended 30 June 2025 is adopted.” Number % of proxies received For 1,806,144,078 98.77 Open 4,475,082 0.24 Against 18,080,935 0.99 22 C R O M W E L
Slide 28: Approval of Performance Rights to the Managing Director and CEO
Business item 6 APPROVAL OF PERFORMANCE RIGHTS TO THE MANAGING DIRECTOR AND CEO For personal use only “That approval is given for the acquisition by Mr Jonathan Callaghan (Chief Executive Officer) of: 1. Performance rights under the Cromwell Property Group Performance Rights Plan; and 2. Cromwell Pr
Slide 29: 5. Questions
For personal use only 5. Questions 24 C R O M W E L L P R O P E R T Y G R O U P | 2 0 2 5 A G M
Slide 30: Important Information & Disclaimer
Important Information & Disclaimer For personal use only www.asx.com.au 25 C R O M W E L L P R O P E R T Y G R O U P | 2 0 2 5 A G M
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