Property For Industry Limited · NZX:PFI
Property For Industry — Shareholder Meeting (October 2024)
21 slides from Property For Industry's shareholder meeting presentation, Oct 23, 2024
Slide 1: To the FP24 Annual Meeting
TOTHEFP24 ANNUAL MEETING
Slide 2: Agenda
Slide 3: Board Presentation
MIT Dean Bracewell Board Annual Chair of the Board Presentation Meeting per WMUNNIMNII i rn wl viel Nie MM il ANWR HNL _ Boarp promo LT AES
Slide 4: Introductions
PFi INTRODUCTIONS wr Board Chair Independent Director ll Carolyn Steele Independent Director Simon Woodhams Chief Executive Officer i David Thomson Independent Director Dean Bracewell Introductions Annual Chair of the Board Meeting FP24 | | Angela Bull Independent Director Hs | nS | / ’ Jeremy Simps
Slide 5: Chair's Address
STEADFAST CONVICTION IN INDUSTRIAL Esya ice UNDER-RENTING PROVIDES EMBEDDED REVENUE GROWTH Awe ey — If} $350 MILLION GREEN STAR DEVELOPMENT PIPELINE Dean Bracewell Chair's Address Annual Chair of the Board Meeting FP24 DELIVERING TODAY INVESTING FOR TOMORROW (ay - @ @ o aN CAPITAL MANAGEMENT STRONG
Slide 6: Management Team Presentation
Chief Executive Team Meeting Simon Woodhams Management Annual Officer Presentation PRESENTATION Nel} i)
Slide 7: Highlights
a Simon Woodhams Highlights Annual « r) Chief Executive Meeting Officer FP24 PORTFOLIO REMAINS STRONG SOLID FP24 MULTIPLE TAILWINDS Profit after tax of $21.2M RSA SOE OR TING CRO La S =. Valuation of PFI's investment (up $51.7M on pcp) Cy property portfolio has stabilised Adjusted Funds From Operati
Slide 8: Bowden Road
32 BOWDEN ROAD 30 sv N o N oy z =) = Al Zz Ww = a ° pat ty > my a a < r=) 3 z wu a = =) a
Slide 9: Tokyo Food, Stage 1
30:32 TOKYO FOOD 12 YEARS =) 06-24 TOKYO FOOD hn ' ' =f TI FP24 ©greenstar r _ NZGBC STAGE_1- TOKYO FOOD
Slide 10: 30-32 Bowden Road - Stage 2
a Simon Woodhams 30-32 Bowden Road Annual « A Chief Executive - Stage 2 Meeting Officer FP24 30-3 7 DAIKIN BOWDEN ROAD, MT WELLINGTON LEASE — STAGE 2 DAIKIN 12 YEARS EST. COMPLETION DATE 11-24 TARGET GREEN STAR RATING \ WW WWW 1D STAGE 2- DAIKIN
Slide 11: 78 Springs Road
PFi__78 SPRINGS ROAD. A ag — ee : > PS, aa aw | wee = Estimated to start January 2025 woo
Slide 12: Springs Road development details
▪ 25,500 sqm warehouse ▪ ~11,300 sqm warehouse ▪ Plans for a ~17,500sqm warehouse ▪ 15-year lease to Fisher & Paykel ▪ 61% pre-leased to MiTek for 12-years ▪ Likely to be tenant led Appliances ▪ Expected commencement date - ▪ Last stage of a ~70,000 sqm 5 Green ▪ Expected completion date - November
Slide 13: Spedding Road
SPEDDING ROAD UPPER HARBOUR MOTORWAY ae NORTH WE: WESTGATE SS Je) NORTH WESTERN MOTORWAY a)
Slide 14: Spedding Rd Industrial Estate, Whenuapai
Annual a Simon Woodhams Spedding Road « A Chief Executive Meeting FP24 Officer SPEDDING RD INDUSTRIAL ESTATE, WHENUAPAI FULL SITE 5.8 HECATARES > COVERED WORKABLE AREA “40,000 son GREEN STAR TARGET { WWWWNW a aT ' Master Plan — Concept Design Only 15
Slide 15: Dividend Guidance FY25
DIVIDEND GUIDANCE FY25 CENTS PER SHARE
Slide 16: Shareholder Discussion
‘Sy t> AREHOLDER ISCUSSION
Slide 17: Ordinary Resolution
Slide 18: Resolution: fix auditors' fees and expenses
RESOLUTION That the Directors are authorised to fix the fees and expenses of the auditors, PricewaterhouseCoopers
Slide 19: General Business
ase a1
Slide 20: Close of Meeting - Thank You
Dean Bracewell Close of Meeting Annual Chair of the Board Meeting THANK YOU FOR ATTENDING vA LAK IAN To aE TINTAL _i i CANINA SY, A1X,|Wa\0 )\
Slide 21: Disclaimer
The information included in this presentation is provided as at 23 While every care has been taken in the preparation of this October 2024. presentation, PFI makes no representation or warranty as to the accuracy or completeness of any statement in it including, without Property for Industry Limited
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