Argosy issues Notice of Annual Meeting

Tu e s d a y
22 July 2025
Royal New Zealand
Yacht Squadron
181 Westhaven Drive
Westhaven Marina
LocationDateVenue


Notice of
Annual Meeting
2025
Royal New Zealand Yacht Squadron
181 Westhaven Drive, Westhaven Marina
Auckland 1011; and online virtually
through the Computershare Meeting
Platform https://meetnow.global/nz

ARGOSY PROPERTY LIMITED
NOTICE OF ANNUAL MEETING 2025
Notice
Notice is given that the annual meeting of shareholders of Argosy Property
Limited will be held at the Royal New Zealand Yacht Squadron, 181 Westhaven
Drive, Westhaven Marina, Auckland 1011 and online virtually through the
Computershare Meeting Platform https://meetnow.global/nz
on Tuesday 22 July 2025 commencing at 2.00pm.
Agenda
CHAIRMAN’S INTRODUCTION
CHIEF EXECUTIVE OFFICER’S REVIEW
RESOLUTIONS
To consider, and if thought fit, pass the following resolutions.
Resolution 1
That Alex Cutler, who was appointed as a Director by the Board during the year, be elected as a Director of
the Company.
Resolution 2
That the Board be authorised to fix the auditor’s fees and expenses.
The Board recommends shareholders vote FOR resolutions 1 and 2
Further information relating to these resolutions is set out in the Explanatory Notes accompanying this
Notice of Meeting. Please ensure you read and consider the resolutions together with the Explanatory Notes.
By order of the Board of Argosy Property Limited.
Jeff Morrison
Chairman
Monday, 23 June 2025
CURRAN STREET
NORTHERN MOTORWAY
Royal New Zealand Yacht Squadron
181 Westhaven Drive, Westhaven Marina,
Auckland 1011
Tuesday, 22 July 2025
Commencing at 2.00pm
MEETING LOCATION:

ARGOSY PROPERTY LIMITED
NOTICE OF ANNUAL MEETING 2025
Explanatory Notes
DIRECTOR ELECTIONS AND
SUCCESSION PLANNING
Argosy’s Board regularly reviews its composition,
size, and skill set to ensure it remains well-positioned
to support the Company’s strategic direction and
long-term success. A comprehensive succession plan
is in place to ensure orderly Board renewal over the
near term, maintaining a balance of continuity
alongside fresh perspectives aligned to the evolving
needs of the business.
The succession process is managed by the
Remuneration and Nominations Committee.
The Committee carefully considers factors such as
optimal Board size, composition, tenure and collective
capability. The Board also takes into consideration
shareholder feedback.
In line with Argosy’s Board succession plan:
—Alex Cutler was appointed to the Board in
October 2024 and will stand for election
at the Annual Meeting. She brings important
expertise, particularly in sustainability, that
addresses a key skill in Argosy’s Board
competencies and strengthens the overall
skill set needed to support the Company’s
strategic priorities.
—Arrangements for the Chair succession are
in place with the Board’s agreement that
independent Director, Martin Sterne, should
take over that role at the conclusion of the
2027 annual meeting, at the end of the current
Chairman’s three year term. Jeff Morrison,
the current Chairman, will stand down from
the Board at that time. Martin will assume
chairmanship of the Company’s Remuneration
Committee later this year.
—Argosy’s CEO, Peter Mence, has advised that
he wishes to step down as CEO from May 2027.
The Board’s current expectation is that the
search for an appropriate successor will
commence in the latter part of 2026.
Directors Chris Gudgeon and Mike Pohio are
supportive of the commitment to ensuring the
Company is well-positioned for the future, and have
advised that they will not stand for re-election at this
year’s Annual Meeting. The Board is very grateful to
each of Chris and Mike for their valuable contributions
to the Company over their tenures and appreciates
their support as Argosy looks to refresh the Board.
RESOLUTION 1: ELECTION OF ALEX CUTLER
DIRECTOR PROFILE:
Alex Cutler
Appointed October 2024
Alex Cutler was appointed by the Board during the
year and, being eligible, will offer herself for election
at the annual meeting. The Board has determined that
Alex Cutler, if elected, will be an Independent Director
Alex, until recently the CEO and Chief Sustainability
Officer at RDT Pacific, is a prominent figure in the property
industry and a dedicated sustainability expert. Prior to her
current role, Alex served as CEO of the New Zealand Green
Building Council for six years. She brings extensive global
experience, assisting multinational organisations in
recognising the strategic importance of sustainability.
Alex holds a MSc in Environmental Management from the
University of Surrey, a BSc in Environmental Sciences from
the University of Southampton, and is a Member of the
New Zealand Institute of Directors.
Argosy’s strategy is increasingly focused on achieving
sustainability goals. To have someone with Alex’s
experience and qualification on the Board, reinforces the
importance of this field to the business and to the future
of the Company. The Board considers Alex has valuable
expertise to contribute to the overall skill set required by
the Board and supports her election.
Resolution 1: The Board recommends
that you vote FOR Alex Cutler as a Director.
RESOLUTION 2: FIXING OF AUDITOR’S FEES
AND EXPENSES
Deloitte is automatically re-appointed as the auditor of the
Company under section 207T of the Companies Act 1993.
Resolution 2 authorises the Board to fix the fees and
expenses of Deloitte as the Company’s auditor.
Resolution 2: The Board recommends that you
vote FOR resolution 2.

ARGOSY PROPERTY LIMITED
NOTICE OF ANNUAL MEETING 2025
Procedural Notes
ENTITLEMENT TO VOTE
1. The persons who will be entitled to vote at the
annual meeting are those persons who are
registered on the Company’s share register as
holding fully paid ordinary shares in the Company
at 5.00pm on Sunday 20 July 2025.
2. The Company is holding a hybrid annual meeting
to allow shareholders who are unable to attend in
person to have the opportunity to attend online
through the Computershare Meeting Platform
https://meetnow.global/nz. By using the web
platform, you will be able to watch the annual
meeting, vote and ask questions online using
your smartphone, tablet or desktop device. Please
refer to the Virtual Meeting Guide available at
www.computershare.com/vm-guide-nz for more
information. You will need the latest version of
Chrome, Safari or Edge to access the meeting.
Please ensure your browser is compatible.
If you wish to appoint a proxy to attend online
on your behalf, please ensure that you provide
their contact details (phone and email) either
in the enclosed proxy form or the online proxy
form in accordance with the instructions in
paragraphs 5 – 12.
CASTING YOUR VOTE
3. You may cast your vote in one of two ways:
—Personal attendance: If you wish you can
attend the meeting in person or participate
virtually via the Computershare Meeting
Platform https://meetnow.global/nz.
—Appointing a proxy to vote: In accordance
with the instructions in paragraphs 5 – 12.
ORDINARY RESOLUTIONS
4. Each of the resolutions to be moved at the annual
meeting is an ordinary resolution. For an ordinary
resolution to be passed, it must be approved by a
simple majority of the votes of shareholders who are
entitled to vote and vote on the resolution, in person
or by proxy.
PROXIES AND VOTING
5. A shareholder entitled to attend and vote at the
meeting is entitled to appoint a proxy to attend and
vote instead of that shareholder. A proxy need not
be a shareholder.
6. If the Chairman of the meeting or any other Director
is appointed to act as proxy and is not directed how
to vote, they will vote in favour of each Resolution.
7. If you complete your proxy form but do not name a
person as your proxy or your proxy does not attend
the meeting, the Chairman of the meeting will vote
in accordance with your express directions.
8. If you wish to appoint a proxy, you should complete
either the enclosed proxy form or the online proxy
form.
9. Shareholders are also able to appoint a proxy
online. If you are completing the enclosed proxy
form:
—The proxy form must be signed by at least one
shareholder.
—In the case of joint shareholders, if the
shareholders appoint different voting proxies,
the vote of the proxy appointed by the first
named joint shareholder will be counted.
Seniority shall be determined by the order in
which the joint shareholders’ names stand in
Argosy Property Limited’s share register.
—If the proxy form is signed under a power of
attorney or other authority, that power of
attorney or other authority or a certified copy
of such power of attorney or authority, if not
previously provided to the Company, must
accompany the proxy form, together with a
completed certificate of non-revocation.
—Completed proxy forms must be received by
the Company’s share registrar, Computershare
Investor Services Limited at Private Bag 92119,
Auckland 1142, New Zealand or at
corporateactions@computershare.co.nz, by
no later than 2.00pm on Sunday, 20 July 2025
(being 48 hours before the meeting).
10. If you are using the online proxy form:
—Go to the Computershare InvestorVote website
at: www.investorvote.co.nz.
—Follow the instructions and prompts on the
website to complete your online proxy form.
Please note that you will need your CSN/
Shareholder Number and post code.
—The online proxy form must be submitted from
the website by no later than 2.00pm on Sunday
20 July 2025 (being 48 hours before the
meeting). Please note that the online proxy
form cannot be used to appoint a proxy under
a power of attorney or similar authority.
11. A proxy granted by a company must be signed by
a duly authorised officer or attorney who is acting
under the company’s express or implied authority.
If a representative of a shareholding company is to
attend the meeting, they must provide a Certificate
of Appointment of Corporate Representative to
Computershare Investor Services Limited, by no
later than 2.00pm on Sunday, 20 July 2025 (being
48 hours before the meeting), in the same manner
as for appointment of a proxy.
12. If you are attending the meeting and voting in more
than one capacity (e.g. also as proxy, attorney or
representative for one or more other shareholders),
you must fill out separate voting papers in respect
of each capacity in which you vote.

---

LODGE YOUR PROXY

Online
ww.investorvote.co.nz
By Mail
Computershare Investor Services Limited
Private Bag 92119, Auckland 1142,
New Zealand

corporateactions@computershare.co.nz
For all enquiries contact
+64 9 488 8777
corporateactions@computershare.co.nz
FOR YOUR PROXY APPOINTMENT TO BE EFFECTIVE IT MUST BE RECEIVED
BY 2.00PM, SUNDAY 20 JULY 2025
VOTING
You are entitled to one vote for every fully paid
share in Argosy Property Limited held as at
5.00pm on Sunday 20 July 2025. Voting at the
meeting will occur by way of a poll. The Chairman
will demand a poll at the start of the meeting.
HOW TO VOTE
Attending the Meeting in Person
If you propose TO ATTEND the meeting in
person, please bring this Voting/Proxy Form
intact to the meeting as it contains your
attendance slip.
Attending the Meeting Virtually
If you propose TO ATTEND the meeting virtually
please refer to the Virtual Meeting Guide available
at www.computershare.com/vm-guide-nz prior
to the meeting. You can participate in the meeting
virtually through the Computershare Meeting
Platform https://meetnow.global/nz. To access
the meeting, click ‘Go’ under the Argosy Property
Limited meeting and then click ‘JOIN MEETING
NOW’. By using the meeting platform, you will be
able to watch the meeting, vote and ask questions
online using your smartphone, tablet or desktop
device. You will need the latest version of Chrome,
Safari or Edge to access the meeting. Please
ensure your browser is compatible. For any
assistance with the online process, you may
contact Computershare on +64 9 488 8777
between 8.30am – 5.00pm Monday to Friday.
Appointment of Proxy
If you DO NOT propose to attend the meeting
but wish to be represented by a proxy, please
complete and sign this Voting/Proxy Form.
The Voting/Proxy Form must be deposited with
Argosy Property Limited in any way as indicated
on the front of this Voting/Proxy Form, so as to be
received by no later than 2.00pm on Sunday 20
July 2025. A proxy need not be a shareholder. If
you direct your proxy how to vote, the person you
appoint as your proxy will be entitled to attend the
meeting to represent your interests. Should the
shareholder/s wish to direct the proxy how to
vote, the boxes overleaf should be completed.
If you mark the “Proxy Discretion” box for any
resolution (or if no box is marked), you are
directing your proxy to vote as he or she thinks
fit in which case, your proxy will be issued with
voting papers and will need to vote on a poll. If you
do not name a person as your proxy or your proxy
does not attend the meeting, the Chairman of the
Meeting will vote in accordance with your express
directions.
If you wish, you may appoint the Chairman of the
meeting or any director as your proxy. To appoint
the Chairman or a director, enter “the Chairman”
or the director’s name in the space allocated in
“Step 1” of this form. If you appoint the Chairman
or any director as your proxy, and such person
is not directed how to vote, the Chairman or
director will vote in favour of all resolutions.
SIGNING INSTRUCTIONS
Individual
Where a shareholder is an individual, this Voting/
Proxy Form must be signed by the shareholder or
his or her duly authorised attorney.
Companies
Where a shareholder is a company, this Voting/
Proxy Form must be signed by a duly authorised
attorney(s) or officer(s).
Trusts
Where a shareholder is a trust, this Voting/Proxy
Form should be signed as above by at least one
trustee in accordance with the relevant trust deed
VOTING/PROXY FORM

www.investorvote.co.nz
Lodge your proxy online, 24 hours a day, 7 days a week:
Your secure access information
Control Number: CSN/Shareholder Number:
PLEASE NOTE: You will need your CSN/Shareholder Number and post code or country of residence (if outside
New Zealand) to securely access InvestorVote and then follow the prompts to appoint your proxy and submit your
voting instructions.
The annual meeting of Argosy Property Limited will be held on Tuesday 22 July 2025 at 2.00pm at the Royal New Zealand
Yacht Squadron, 181 Westhaven Drive, Westhaven Marina, Auckland. Shareholders are also able to attend and vote at the
annual meeting online in accordance with the instructions in Argosy Property Limited’s Notice of Meeting. If you propose
not to attend the annual meeting, whether in person or virtually via the online platform, but wish to appoint a proxy, please
complete this form in accordance with the instructions below.
SMARTPHONE?
Scan the QR code to
vote now.
(using the rules for an individual or a company,
depending upon whether the trustee is an
individual or a company).
Partnerships
Where a shareholder is a partnership, this Voting/
Proxy Form should be signed as above by at least
one partner in accordance with the rules
governing the partnership (using the rules for an
individual or a company, depending upon whether
the partner is an individual or a company).
Joint Shareholders
At least one joint shareholder should sign this
Voting/Proxy Form (on behalf of all joint
shareholders). In the case of joint shareholders,
if the shareholders appoint different voting
proxies, the vote of the proxy appointed by the
first named joint shareholder will be counted.
Seniority shall be determined by the order in
which names stand in Argosy Property Limited’s
share register.
Power of Attorney
If this Voting/Proxy Form is completed by an
attorney, the power of attorney or a certified copy
must, if not previously produced to Argosy
Property Limited, accompany the Voting/Proxy
Form together with a completed certificate of
non-revocation of authority.
Body Corporate
A body corporate shareholder may appoint a
representative to attend the meeting on its behalf
in the same manner as if it were appointing a
proxy in accordance with the rules governing the
body corporate.
Go online to lodge your proxy or turn
over to complete the form.

PROXY FORM
STEP 1 APPOINT A PROXY TO VOTE ON YOUR BEHALF
I/We
being a shareholder/shareholders of Argosy Property Limited
hereby appoint:
of
(FULL NAME OF PROXY) (FULL ADDRESS)
or failing him/her of
(FULL NAME OF PROXY) (FULL ADDRESS)
as my/our proxy to vote for me/us at the annual meeting of Argosy Property Limited to be held at the Royal New Zealand Yacht Squadron,
181 Westhaven Drive, Westhaven Marina, Auckland, on Tuesday, 22 July 2025 commencing at 2.00pm and at any adjournment of that meeting.
STEP 2 VOTING INSTRUCTIONS/VOTING PAPER
This form is to be used to vote as follows: Tick () in box to vote
RESOLUTIONSFORAGAINST
PROXY
DISCRETIONABSTAIN
1.That Alex Cutler be elected as a Director.
2.That the Board be authorised to fix the auditor’s fees and expenses.
and to vote on any other resolutions put before the meeting to amend any of the resolutions, or any resolution so amended, and on any other
resolution proposed or procedural matter raised at the meeting (or any adjournment thereof).
If your proxy will be attending online and is not the Chair of the Meeting or any other director of the Company, please ensure that you provide their
contact details (phone and email address). If this information is not provided, we cannot guarantee remote admission to the virtual meeting for
your proxy.
Proxy contact details (phone):
and (email):
SIGN SIGNATURE OF SHAREHOLDER(S) This section must be completed.
Shareholder 1 Shareholder 2 Shareholder 3

or Sole Director and Sole Company Secretary or Director or Director/Company Secretary
Contact Name Contact Daytime Telephone Date

Shareholders can still attend the meeting electronically, even if they have appointed a proxy (although they will not be able to vote if a
proxy has been appointed).
Annual meeting of Argosy Property Limited to be
held at the Royal New Zealand Yacht Squadron,
181 Westhaven Drive, Westhaven Marina, Auckland,
on Tuesday, 22 July 2025 commencing at 2.00pm.
ATTENDANCE SLIP