Issue of Employee Shares and Rights

12/11/2025 11:07 NZDT, SECISSUE

Stride Investment Management Limited (SIML) advises that it has today:

(a) issued 30,671 rights to Claire Fisher, General Manager Corporate Services, pursuant to the executive long term incentive scheme for FY26 (the period 1 April 2025 to 31 March 2028); and

(b) issued 24,472 rights to Claire Fisher, General Manager Corporate Services as part of her FY26 fixed remuneration compensation. These rights vest after 31 March 2027, if she remains employed by SIML at that time.

Upon vesting, each right converts into one Stapled Security of the Stride Property Group.

Attached are capital change notices related to the grant of rights pursuant to Listing Rule 3.13.1.

End

For further information please contact:

Tim Storey, Chairman, Stride Investment Management Limited / Stride Property Limited

Mobile: 021 633 089 - Email: tim.storey@strideproperty.co.nz

Philip Littlewood, Chief Executive Officer, Stride Investment Management Limited

Mobile: 021 230 3026 - Email: philip.littlewood@strideproperty.co.nz

Jennifer Whooley, Chief Financial Officer, Stride Investment Management Limited

Mobile: 021 536 406 - Email: jennifer.whooley@strideproperty.co.nz

A Stapled Security of the Stride Property Group comprises one ordinary share in Stride Property Limited and one ordinary share in Stride Investment Management Limited. Under the terms of the constitution of each company, the shares in each can only be transferred if accompanied by a transfer of the same number of shares in the other.

Stapled Securities are quoted on the NZX Main Board under the ticker code SPG. Further information is available at www.strideproperty.co.nz or at www.nzx.com/companies/SPG.