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Market Update – Covid 19

Operational Update16 March 2020ARGReal Estate

1 ⸺

Argosy Property Limited (Argosy or the Company) has disaster recovery procedures in

place. Following the Covid-19 outbreak, Argosy has undertaken a range of additional

initiatives to protect staff, tenants and contractors to ensure a ‘business as usual’

approach in the current environment.

Protecting staff, tenants and contractors

Argosy takes the health & safety of all its stakeholders seriously. The Company has taken

a view on Covid-19 based on the latest advice provided from the Ministry of Health

(MOH) and other government agencies. To date, Argosy has taken the following

precautions including:

• Establishment of a dedicated internal Covid-19 team to monitor the situation and

any contingencies;

• Modification of its disaster response plans to suit the specifics of Covid-19;

• Cancellation of all non-essential travel;

• Successfully completed working from home procedures, which allow for Argosy’s

cloud-based systems to be accessed;

• Provision of self isolation guidance, particularly with respect to people returning from

recent international travel;

• Direction of staff, tenant and contractors to appropriate expert information;

• Development of protocols for dealing with Covid-19 exposures.

Argosy has communication plans in place to ensure staff, tenants, the Board and the

NZX are kept up to date.


− END −

Market Release

16 March 2020

Covid-19 Update

ENQUIRIES

Peter Mence

Chief Executive Officer

Argosy Property Limited

Telephone: 09 304 3411

Email: pmence@argosy.co.nz

Dave Fraser

Chief Financial Officer

Argosy Property Limited

Telephone: 09 304 3469

Email: dfraser@argosy.co.nz

Stephen Freundlich

Head of Investor Relations

Argosy Property Limited

Telephone: 09 304 3426

Email: sfreundlich@argosy.co.nz

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

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