SPH Notice – BlackRock, Inc. and related bodies corporate

1
Disclosure of beginning to have substantial holding
Section 276, Financial Markets Conduct Act 2013
To: New Zealand Stock Exchange
and
To: Property For Industry Ltd.
Date this disclosure made: 10 August 2023
Date on which substantial holding began: 08 August 2023
Substantial product holder(s) giving disclosure
Full name(s): BlackRock, Inc. and related bodies corporate
Summary of substantial holding
Class of quoted voting products: Ordinary Shares
Summary for: Product holders listed in Appendix A
For this disclosure,—
(a) total number held in class: 44,809,739
(b) total in class: 502,129,313
(c) total percentage held in class: 8.924%
Details of relevant interests
Details for: Product holders listed in Appendix A
Nature of relevant interest(s): The power to control the acquisition or disposal of the
quoted voting product and/or the exercise of a right to vote attached to the quoted voting
product, arising only from the powers of investment contained in each case under
investment management agreements appointing each entity as investment manager of
funds or separate accounts (i.e. entity currently exercising investment discretion on behalf
of the relevant funds or separate accounts). No relevant agreement document needs to be
attached under Regulation 139.
For that relevant interest,—
(a) number held in class: Refer to Appendix A
(b) percentage held in class: Refer to Appendix A
(c) current registered holder(s): Refer to Appendix A
(d) registered holder(s) once transfers are registered: Not applicable
Details of transactions and events giving rise to substantial holding
Details of the transactions or other events requiring disclosure: Refer to Appendix B

2
Additional information
Address(es) of substantial product holder(s): Refer to Appendix A
Contact details: Shawna Reese, Tel +1-302-287-9389, Email:
shawna.reese@blackrock.com
Nature of connection between substantial product holders: Refer to Appendix A
Name of any other person believed to have given, or believed to be required to give, a
disclosure under the Financial Markets Conduct Act 2013 in relation to the financial
products to which this disclosure relates: Not applicable.
Certification
I, Shawna Reese, certify that, to the best of my knowledge and belief, the information
contained in this disclosure is correct and that I am duly authorised to make this disclosure
by all persons for whom it is made.

Appendix A
Class CCY
Number of
Securities
%
BlackRock Fund AdvisorsORDNZD633,426 0.126% subsidiary of
BlackRock Inc.
400 Howard Street
San Francisco, CA, 94105
United States
BlackRock Investment Management
(Australia) Limited
ORDNZD44,176,313 8.798% subsidiary of
BlackRock Inc.
Level 37 Chifley Tower, 2
Chifley Square,
Sydney NSW 2000
Australia
Holder of Relevant Interests
Total Held in Class
Nature of
Association
Address
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Appendix B
Transaction
Date
Person whose relevant interest changed
Person's votes
affected
16-May-23
BlackRock Fund Advisors
in specien/aORD6,5646,564
14-Jun-23
BlackRock Fund Advisors
in specien/aORD6,5646,564
30-Jun-23
BlackRock Fund Advisors
in specien/aORD6,5646,564
06-Jul-23
BlackRock Fund Advisors
in specien/aORD6,5646,564
28-Jul-23
BlackRock Investment Management
(Australia) Limited
on mkt buy2.44ORD103,918103,918
08-Aug-23
BlackRock Investment Management
(Australia) Limited
in specien/aORD6,625,7086,625,708
08-Aug-23
BlackRock Investment Management
(Australia) Limited
in specien/aORD26,900,02226,900,022
08-Aug-23
BlackRock Investment Management
(Australia) Limited
in specien/aORD7,154,9567,154,956
PROPERTY FOR INDUSTRY LTD
Nature of change /
Consideration (NZD)
Class and number of
securities affected
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