Winton – Director Appointment/Notice of Intention to Retire

MARKET ANNOUNCEMENT

NZX: WIN / ASX: WTN

24 November 2023



DIRECTOR APPOINTMENT / NOTICE OF INTENTION TO RETIRE

Director appointment
Winton Land Limited (Winton) is pleased to announce the appointment of Guy Fergusson as
non-executive director, effective from today, 24 November 2023.

Winton Chair, Chris Meehan, said: “Guy brings a wealth of experience to Winton. With his vast
corporate finance and capital markets experience, Winton is delighted to have Guy join the
Board.”

Guy will be a member of both the Audit and Financial Risk Committee and the Nomination and
Remuneration Committee. He will hold office until Winton’s 2024 Annual Meeting, at which time he
will retire and offer himself for election by the shareholders.

Guy has 28 years of experience in corporate finance and international capital markets. He
joined Grant Samuel in 2009 as Co-Head of Capital Advisory, where he worked for the last 14
years including most recently as the Co-CEO of Grant Samuel until September 2023. He has
extensive boardroom experience and a wealth of knowledge working with different sectors,
including real estate. The Board has determined that Guy is currently a non-independent
director, given his previous role at Grant Samuel, who acted as Financial Adviser on Winton’s
2021 initial public offering.

Director's intention to re tire
As announced by Winton on 17 November 2023, Winton’s existing shareholders Wanaka
Partners, LLC (Wanaka Partners) and TC Akarua 2 Pty Ltd (as trustee of the TC Akarua Sub
Trust) (Akarua), a real estate vehicle managed by Macquarie Asset Management, have
disclosed entry into an agreement pursuant to which Wanaka Partners will sell 14,830,687
Winton shares (representing 5.0% of Winton’s total issued shares) to Akarua for NZ$2.50 per
share (the Transaction). The Transaction will occur in two tranches, with the second tranche
subject to shareholder approval under the Takeovers Code. David Liptak has notified the
Board that he intends to retire as a Director from the Board immediately following the
completion of the second tranche of the Transaction.


Ends.

For further information, please contact:
Justine Hollows
GM, Corporate Services
(+64) 27 836 1875
justine.hollows@winton.nz

About Winton
Winton is a residential land developer that specialises in developing integrated and fully
masterplanned neighbourhoods. Across its 14 masterplanned communities, Winton has a portfolio
of 26 projects expected to yield a combined total of circa 6,500 residential lots, dwellings, apartment
units, retirement village units and commercial lots. Winton listed on the NZX and ASX in 2021.
www.winton.nz