Goodman Group · ASX:GMG
Goodman — Shareholder Meeting (November 2025)
32 slides from Goodman's shareholder meeting presentation, Nov 11, 2025
Slide 1: Annual General Meetings - Chairman's and CEO's Presentations
Goodman Group (Goodman) Annual General Meetings - Chairman's and CEO's Presentations 11 November 2025 Please find attached the Chairman’s and Group CEO’s written addresses and presentations for Goodman's Annual General Meetings being held today. A live webcast of the Annual General Meetings will be
Slide 2: Chairman's Address: Welcome and 2025 overview
CHAIRMAN’S ADDRESS GOODMAN GROUP AGM 2025 11 NOVEMBER 2025, 10AM Welcome and introductions Good morning and welcome to the 2025 Annual General Meetings of Goodman Group. I’m Stephen Johns, your Chairman. I extend a warm welcome to those of you who are in the room with us here in Sydney, as well as t
Slide 3: Chairman's Address: capital management, operations, strategy
Throughout the year there has been significant progress made in advancing data centre activities to bring forward substantial new development opportunities for future growth. Capital management Earlier this year, Goodman undertook a $4 billion public market capital raising. This was to support the n
Slide 4: Remuneration
Remuneration Remuneration is an integral component of Goodman’s business strategy, aligning long term performance of the Group with pay outcomes for our people. There are several principles which underly our remuneration structure: • We focus on cash-based earnings in our main performance metric – O
Slide 5: Closing
Closing Goodman is well positioned as a provider of essential infrastructure globally. The Group's global expertise, track record over 30 years as a listed entity, and strong capital position, provide a sound basis for sustainable growth in the future. On behalf of the Board, I sincerely thank our p
Slide 6: 2025 Goodman AGM CEO Address
2025 Goodman AGM CEO Address Good morning and welcome. Essential infrastructure Goodman is delivering world class essential infrastructure on a global scale. While our assets serve distinct industrial and data centre customer groups, they have common requirements. Both groups seek similar locations,
Slide 7: CEO Address: development, partnerships, sustainable difference
Goodman has the right sites, power, people and importantly, capital, to build the infrastructure that speeds up time to market for our hyperscaler customers. As we do with industrial, we continue to roll out our regional capital partnering program alongside the development workbook. This is where Go
Slide 8: Essential Infrastructure
GOODMAN GROUP ESSENTIAL INFRASTRUCTURE AN N UAL G EN ER AL M EETI N G S 2025
Slide 9: Goodman Group Annual General Meetings 2025
Goodman Group Annual General Meetings 2025
Slide 10: How to ask a question
HOW TO ASK A QUESTION + To ask a written question select the Q & A icon + Select the topic your question relates to from the drop-down list + Type your question in the text box and press the send button + To ask a verbal question follow the instructions below the broadcast window. Goodman Group Annu
Slide 11: How to vote
HOW TO VOTE + When the poll is open, select the vote icon at the top of the screen + To vote, select either For, Against or Abstain + You will see a vote confirmation + To change or cancel your vote “click here to change your vote” at any time until the poll is closed. Goodman Group Annual General M
Slide 12: Agenda
AGENDA Welcome and introductions Chairman’s address Group strategy video Group CEO’s address Formal business Close Goodman Joso 2, Greater Tokyo, Japan Goodman Group Annual General Meetings 2025
Slide 13: Directors and Executives
DIRECTORS AND EXECUTIVES Stephen Johns Vanessa Liu David Collins Chairman Independent Director Independent Director Greg Goodman Chris Green Kitty Chung Group Chief Executive Officer Independent Director Independent Director Carl Bicego Hilary Spann Danny Peeters Company Secretary Independent Direct
Slide 14: Chairman's Address
CHAIRMAN’S ADDRESS STEPHEN JOHNS Goodman Group Annual General Meetings 2025
Slide 15: 30 years since listing; 15th consecutive year of growth
+ 30 years since listing on the ASX + 15th consecutive year of delivering growth in operating profit – up 12.8% to $2.3 billion + Total Securityholder Return of 95% over three years and 143% over five years + Operating earnings per security increased by 9.8%. Oakdale West Industrial Estate, Sydney,
Slide 16: Capital Management
CAPITAL MANAGEMENT + Raised $4.0 billion in new GMG equity to fund development-led growth + Gearing low at 4.3% + Group liquidity $6.6 billion of cash and undrawn lines + Cash and undrawn debt lines of $9.0 billion in Partnerships + New Data Centre Partnerships in Hong Kong and Europe. As at 30 June
Slide 17: Operational Update
OPERATIONAL UPDATE + $85.9 billion total property portfolio1 + 96.1% occupancy2 + 4.2% rental growth3 + $12.4 billion WIP4. As at 30 September 2025. 1. Total portfolio includes New Zealand. 2. Partnership industrial and warehouse assets (excludes office properties earmarked for redevelopment) and re
Slide 18: Business Strategy
BUSINESS STRATEGY Global provider of essential infrastructure, developing, managing and owning logistics warehouses and data centres to support the digital economy + The planned execution of our data centre program, has significantly increased the complexity of our operations + The changing nature o
Slide 19: Remuneration
REMUNERATION The Board continues to support the principles underlying Goodman’s remuneration structure: + Focus on cash-based earnings – Operating Profit + All employees participate in the LTIP to create alignment with Securityholders and, importantly, create a culture of ownership + Emphasis on pay
Slide 20: Remuneration (cont.)
REMUNERATION (CONT.) Goodman has been very successful over many years in attracting and retaining employees at all levels of the global organisation + ~70% of earnings generated outside Australia and ~70% of our people employed outside Australia. Goodman Tsuen Wan West, Hong Kong SAR, China Goodman
Slide 21: Remuneration (cont.): Total Shareholder Return
REMUNERATION (CONT.) + The success of the remuneration TOTAL SHAREHOLDER RETURN – 10 YEARS % strategy and EPS hurdles are 880 demonstrated by the Group 800 significantly outperforming peer 720 groups over 3, 5, and 10 year horizons. 640 560 480 400 320 240 160 80 0 -80 3 YEAR 5 YEAR 10 YEAR GMG ASX
Slide 22: Board Composition and Diversity
BOARD COMPOSITION AND DIVERSITY + International, contemporary and diverse Board + 2025 Non Executive Directors – 4 female –5 offshore residents + Directors standing for re election – Ms Hilary Spann (Non Executive Director) – Ms Vanessa Liu (Non Executive Director) – Mr Chris Green (Non Executive Di
Slide 23: Closing
CLOSING + Providers of essential infrastructure + Global expertise + Track record over 30 years as a listed entity + Strong capital position + Sustainable future growth. Artist's impression – Goodman SYD01, Sydney, Australia Goodman Group Annual General Meetings 2025
Slide 24: CEO's Address
CEO’S ADDRESS GREG GOODMAN Goodman Group Annual General Meetings 2025
Slide 25: Essential Infrastructure
ESSENTIAL INFRASTRUCTURE + Total portfolio $85.9 billion + 15 countries + Major cities. PROVIDERS OF ESSENTIAL INFRASTRUCTURE FOR THE DIGITAL ECONOMY Sophisticated logistics customers looking Hyperscalers and colocators to improve efficiency, productivity and needing access to power in the right sus
Slide 26: Demand Drivers – Logistics
DEMAND DRIVERS – LOGISTICS + E-commerce growth continues + Efficiency, productivity + Investments in AI, robotics and automation + More advanced facilities in prime locations. Goodman Group Annual General Meetings 2025
Slide 27: Growth Drivers – Data Centres
GROWTH DRIVERS – DATA CENTRES + Cloud demand + AI demand Autonomous Cloud Virtual = unprecedented increased vehicles computing wallets 5G data centre demand + Capex spend increases from hyperscaler customers. Online Smart retail cities DATA STORAGE AND DATA CREATED / REPLICATED WORLDWIDE (ZETABYTES)
Slide 28: Global Power Bank
GLOBAL POWER BANK + Metro locations + Low latency GREATER LONDON AMSTERDAM + Cloud-based CONTINENTAL FRANKFURT TOKYO + Reviewing our existing EUROPE/UK OSAKA PARIS landbank for further LOS ANGELES 2.0 GW MILAN JAPAN opportunities. NORTH Power bank MADRID 1.3 GW AMERICA HONG KONG Power bank 0.2 GW HO
Slide 29: Development
DEVELOPMENT + Diversified global WORK IN PROGRESS BY REGION DEVELOPMENT VOLUME $B workbook 39% Continental Europe / UK 18 ~17.5 16 + Data centres make up 23% Americas 14 13.6 13.0 13.0 12.9 68% of WIP1 moving to 12 12.4 more than 75%2 10 7.9 8 + Development WIP 21% Asia 6.0 6.0 6.9 6 5.2 5.1 $12.4 b
Slide 30: Sustainable Difference
SUSTAINABLE DIFFERENCE + Supporting customers’ sustainability ambitions + On track to maintain carbon neutrality for operations for FY25 + Strong engagement and workplace culture + Contributing $16.7 million through the Goodman Foundation + Goodman staff contributed more than 3,000 volunteering hour
Slide 31: Digital economy needs are growing; Goodman is well placed
+ Digital economy needs are growing + Goodman is well placed + Opportunities to generate long-term value + Data centres increasing contributor to growth + 9% EPS growth + $2.6 billion operating profit. Artist's impression – Goodman PAR02, Paris, France Goodman Group Annual General Meetings 2025
Slide 32: Thank You
THANK YOU For more information visit goodman.com Important Notice This document has been prepared by Goodman Group (Goodman Limited (ABN 69 000 123 071) and Goodman Funds Management Limited (ABN 48 067 796 641) (AFSL 223621) as the Responsible Entity for Goodman Industrial Trust (ARSN 091 213 839) a