Winton Land Limited · NZX:WIN
Winton Land — Shareholder Meeting (October 2025)
28 slides from Winton Land's shareholder meeting presentation, Oct 22, 2025
Slide 1: Business Update – Annual Meeting of Shareholders FY25
1. Business Update 22 October 2025 ANNUAL MEETING OF SHAREHOLDERS FY25
Slide 2: Voting and asking questions
Voting and asking questions Voting Card Question box 2 2
Slide 3: Winton Board
Winton Board Chris Meehan Julian Cook Michaela Meehan Glen Tupuhi Chair / Chief Executive Officer Executive Director and Director of Non-executive Director Independent Director Retirement Steven Joyce Guy Fergusson James Kemp Josh Phillips Independent Director Independent Director Non-executive Dire
Slide 4: Chair and CEO Address, Resolutions, Other Business and Questions
1. Chair and CEO Address 2. Resolutions 3. Other Business and Shareholder Questions Jimmy’s Point, Launch Bay Hobsonville Point 4
Slide 5: Chairman and CEO Address
Ayrburn, Arrowtown CHAIRMAN AND CEO ADDRESS
Slide 6: Key Highlights
Key Highlights For the 12 months ending 30 June 2025 (FY25): $155.4m 266 494 $248.0m ² Revenue Units delivered and settled Total of gross pre-sales secured shareholders $59.5m 38.3% 262 877 Retirement living units yield Gross profit Gross profit margin Employees ACROSS 5 LOCATIONS $10.3m 6.6% 12 78%
Slide 7: Business Highlights
Business Highlights Longstanding pre-sale strategy continued to deliver in a continued difficult property market and very challenging economic conditions with 266 units settled. Pre-sale book continues to protect future revenues - $248.0m at 30 June 2025. Completed Stage One of Northbrook Wāna
Slide 8: FY25 Financial Performance
FY25 Financial Performance We have continued to deliver pre-sold properties, complete new projects, and diversify our revenue streams. Financial Performance Statement of Financial Performance FY25 FY24 NZ$m (unless indicated otherwise) Year Ended Year Ended Movement 30-Jun-25 30-Jun-24 • Winton has
Slide 9: Fast-track Approvals
Fast-track Approvals Sunfield and Ayrburn Screen Hub progressing through the approval process of Fast-track Approvals Act 2024. Sunfield, Auckland • The Sunfield project has been accepted as a project under the Fast-track Approvals Act 2024, a panel appointed, and an outcome is anticipated around ea
Slide 10: Residential development FY25
RESIDENTIAL Residential development FY25 Winton’s longstanding pre-sale strategy continues to deliver, FY25 revenue $130.3 million. Lakeside Te Kauwhata • The remaining 151 land lots within Stage 3 settled in FY25, along with the first 32 land lots in Stage 4. • Works are continuing in the balance o
Slide 11: Northbrook Wānaka Stage One Complete
RETIREMENT Northbrook Wānaka Stage One Complete Northbrook’s first residents move into Northbrook Wānaka. • Northbrook Wānaka Stage One was completed in May 2025, with the first residents moving in and starting their Northbrook lifestyle. • Stage One consists of 18 3-bedroom residences and 14 2-bedr
Slide 12: Commercial: Cracker Bay
COMMERCIAL Cracker Bay waterfront office space is nearing completion, attracting like-minded tenants with a connection to the water. • The renovation and refurbishment of the Cracker Bay office building is almost complete, offering premium waterfront facilities for tenants across four levels. Leasin
Slide 13: Commercial: Ayrburn
COMMERCIAL Ayrburn’s first trading year was marked by significant milestones and hundreds of thousands of people experiencing the unique destination firsthand. • Ayrburn will attract over a million visitors this year and is on track to be the most popular and most visited attraction in the region. •
Slide 14: ESG Highlights FY25
ESG Highlights FY25 1 Completed and disclosed second year of Climate-Related Disclosures. Completed fourth year of GHG reporting with reasonable assurance for 2 Scope 1 and Scope 2 emissions and limited assurance for Scope 3 emissions. Improved data quality of GHG emissions inventory, including the
Slide 15: Market and Outlook
Market and Outlook Winton is navigating the recession as well as possible and positioning the Company optimally to benefit from an improving property cycle. • Unemployment continues to increase, net migration is at the lowest it has been in over 10 years and ready-made concrete volumes are below the
Slide 16: Resolutions
Northbrook Wanaka, Northlake RESOLUTIONS
Slide 17: Voting and asking questions
Voting and asking questions Voting Card Question box 17 17
Slide 18: Resolution 1: Election of Josh Phillips as Director
Resolution 1: Election of Josh Phillips as Director Josh is an Associate Director in the Macquarie Asset Management (MAM) Real Estate team. He has over 10 years of experience in real estate private equity and investment banking across Australia, New Zealand the UK, with a specialist focus on the res
Slide 19: Resolution 2: Re-election of Chris Meehan as Director
Resolution 2: Re-election of Chris Meehan as Director Chris is a founding principal and the CEO of Winton, with over 30 years of experience in real estate investment. Prior to establishing Winton, Chris founded the Belle Property real estate franchise in Australia in 1999 and grew this business to c
Slide 20: Resolution 3: Re-election of Michaela Meehan as Director
Resolution 3: Re-election of Michaela Meehan as Director Michaela Meehan is a founding principal of Winton, with more than 20 years of corporate, property and treasury knowledge. Michaela’s experience includes a senior role in the Danish brewery Carlsberg, in Copenhagen, and she holds a Master of Sc
Slide 21: Resolution 4: Re-election of Julian Cook as Director
Resolution 4: Re-election of Julian Cook as Director Julian has more than 20 years of investment banking and leadership experience, including his role as CEO of Summerset Group until 2021. He is currently Chairman of SkyCity Entertainment Group and a director of WEL Networks Limited and the Australi
Slide 22: Resolution 5: Re-election of Glen Tupuhi as Director
Resolution 5: Re-election of Glen Tupuhi as Director Glen has over 30 years’ governance experience, including in health and justice related fields, including representing Ngati Paoa, Hauraki and iwi Maori. Glen has held senior positions in Oranga Tamariki, Corrections, Health Waikato, Hauora Waikato
Slide 23: Resolution 6: Auditor's Remuneration
Resolution 6: Auditor’s Remuneration The current auditor of the Company, Ernst & Young, will be automatically reappointed as Winton’s auditor at the Annual Meeting in accordance with section 207T of the Companies Act 1993. Under that legislation, the auditor’s fees and expenses must be fixed at the
Slide 24: Proxy Vote Outcomes
Proxy Vote Outcomes RESOLUTION FOR AGAINST PROXY DISCRETION Election of Josh Phillips as 246,445,546 1,601 92,966 Director (99.96%) (0.00%) (0.04%) Re-election of Chris Meehan as 246,428,189 19,154 92,966 Director (99.95%) (0.01%) (0.04%) Re-election of Michaela 246,389,738 19,756 92,966 Meehan as D
Slide 25: Other Business and Shareholder Questions
Northbrook, Wānaka OTHER BUSINESS AND SHAREHOLDER QUESTIONS
Slide 26: Thank You for Attending
Ayrburn, Arrowtown THANK YOU FOR ATTENDING
Slide 27: Important Notice and Disclaimer
DISCLAIMER Important Notice and Disclaimer This disclaimer applies to this document and the accompanying material (“Document”) or any information contained in it. The information included in this Document should be read in conjunction with the audited consolidated financial statements for the year e
Slide 28: Winton – Best by Design
WINTON BEST BY DESIGN