New Independent Director Announced

Precinct Properties New Zealand Limited Head Office Wellington Office
E hello@precinct.co.nz Level 12, 188 Quay Street, Auckland 1010 T 0800 400 599 Level 19, 157 Lambton Quay, Wellington T 0800 400 599
W www.precinct.co.nz PO Box 5140, Auckland 1141, New Zealand F +64 9 927 1655 PO Box 2, Wellington 6140, New Zealand F +64 4 494 2267
NZX announcement – 10 September 2019
New Independent Director announced

Precinct Properties New Zealand Limited (Precinct) (NZX: PCT) is pleased to announce today
the appointment of Anne Urlwin as an Independent Director, effective 16 September 2019.
Anne is to replace Don Huse, who will retire in the second half of 2020 after serving 9 years on
the Board. It is anticipated that Anne will also succeed Don as Chair of the Audit & Risk
Committee.
Anne is a professional director with many years’ directorship experience. She is currently a
Director of Chorus Ltd, OnePath Life (NZ) Limited, Steel & Tube Holdings Ltd, Summerset Group
Holdings Ltd, Southern Response Earthquake Services Ltd, City Rail Link Ltd and Tilt Renewables
Ltd. She is also a former chairman of national commercial construction group Naylor Love.
Anne has experience in both the corporate sector across a range of industries and
commenced her professional services career with KPMG.
Anne is a Fellow of the Institute of Chartered Accountants of Australia New Zealand, a
Chartered Fellow of the Institute of Directors in New Zealand Inc, and a Member of the
Australian Institute of Company Directors.
Chairman of PCT, Craig Stobo, said “Commencing a recruitment process earlier this year for
a new Independent Director has been part of the Board’s succession planning to ensure a
seamless transition of directors. We are delighted to welcome such a high calibre director as
Anne to the PCT Board. Her skills and experience will further strengthen Precinct’s governance
regime.”
“On behalf of my Board colleagues and Management, I would like to again thank Don Huse
for the significant contribution he has made to Precinct since 2010. He has been an integral
part of Precinct’s strategic review and execution, while also ensuring best of class
governance. Don will remain as Chair of the Audit & Risk Committee through until late 2020,
which provides for a seamless handover.”

Precinct Properties New Zealand Limited Head Office Wellington Office
E hello@precinct.co.nz Level 12, 188 Quay Street, Auckland 1010 T 0800 400 599 Level 19, 157 Lambton Quay, Wellington T 0800 400 599
W www.precinct.co.nz PO Box 5140, Auckland 1141, New Zealand F +64 9 927 1655 PO Box 2, Wellington 6140, New Zealand F +64 4 494 2267
Anne will stand for election at this year’s Annual General Meeting, to be held on 20
November. The Board has determined that Anne is an independent director for the purposes
of the NZX Listing Rules.
Ends

Further information on PCT Board of Directors can be found on Precinct’s website at:
https://www.precinct.co.nz

For further information, please contact:
Scott Pritchard
Chief Executive Officer
Mobile: +64 21 431 581
Email: scott.pritchard@precinct.co.nz

Ed Timmins
General Counsel
Mobile: +64 27 935 2823
Email: edward.timmins@precinct.co.nz

About Precinct (PCT)
Precinct is New Zealand’s only listed city centre specialist investing predominately in premium
and A-grade commercial office property. Listed on the NZX Main Board, PCT currently owns
Auckland’s PwC Tower, AMP Centre, ANZ Centre (50%), Zurich House, HSBC House, Mason Bros.
Building, 12 Madden Street, 10 Madden Street and Commercial Bay; and Wellington’s AON
Centre, Dimension Data House, No. 1 and No. 3 The Terrace, Pastoral House, Mayfair House
and Bowen Campus.
Precinct owns Generator NZ, New Zealand’s premier flexible office space provider. Generator
currently offers 13,200 square metres of space across four locations in Auckland.