Q1 Dividend

NZX and media
announcement
—
24 November 2025

Page 1

Q1 DIVIDEND

Property for Industry Limited (PFI, the Company) is pleased to announce a first quarter dividend of
2.20
1
cents per share (cps).

The dividend will have imputation credits of 0.54 cps attached and a supplementary dividend of 0.24
cps will be paid to non-resident shareholders. The record date for the dividend is 1 December 2025,
and the payment date is 10 December 2025. The dividend reinvestment scheme will not operate for
this dividend.

ENDS

















ABOUT PFI & CONTACT

PFI is an NZX listed industrial property specialist, owning over 90 quality properties worth more than $2 billion. Our well
diversified portfolio is focused on strategic locations that drive value and growth for the industrial sector, for our tenants, and for
our investors. Since listing on the NZX in 1994, we’ve built a strong track record of delivering consistent returns. We invest for
the long-term, combining our capital and specialist industry capability to deliver the successful outcomes all our stakeholders
need.

For further information please contact:

SIMON WOODHAMS
Chief Executive Officer
----
Phone:
+64 21 749 770
Email:
woodhams@pfi.co.nz
CRAIG PEIRCE
Chief Finance and Operating Officer
----
Phone:
+64 21 248 6301
Email:
peirce@pfi.co.nz
----
Property for Industry Limited
Level 4, Hayman Kronfeld Building, 15 Galway Street,
Auckland 1010
PO Box 1147, Shortland Street, Auckland 1140
www.propertyforindustry.co.nz


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1

All dividend figures in this announcement have been rounded to two decimal places. For precise amounts, please refer to the
Distribution Notice attached to this announcement.

---

Distribution Notice

Updated as at June 2023





Section 1: Issuer information
Name of issuer Property for Industry Limited
Financial product name/description Property for Industry Limited Ordinary Shares
NZX ticker code PFI
ISIN (If unknown, check on NZX
website)
NZPFIE0001S5
Type of distribution
(Please mark with an X in the
relevant box/es)
Full Year Quarterly X
Half Year Special
DRP applies
Record date 1 December 2025
Ex-Date (one business day before the
Record Date)
28 November 2025
Payment date (and allotment date for
DRP)
10 December 2025
Total monies associated with the
distribution
$11,050,417
Source of distribution (for example,
retained earnings)
Retained earnings
Currency NZD
Section 2: Distribution amounts per financial product
Gross distribution $0.02738889
Gross taxable amount $0.01924605
Total cash distribution $0.02200000
Excluded amount (applicable to listed
PIEs)
$0.00814284
Supplementary distribution amount $0.00244538
Section 3: Imputation credits and Resident Withholding Tax
Is the distribution imputed Fully imputed X
Partial imputation
No imputation
If fully or partially imputed, please
state imputation rate as % applied
28%
Imputation tax credits per financial
product
$0.00538889
Resident Withholding Tax per
financial product
N/A

Section 4: Distribution re-investment plan (if applicable)
DRP % discount (if any)
N/A
Start date and end date for
determining market price for DRP

Date strike price to be announced (if
not available at this time)

Specify source of financial products to
be issued under DRP programme
(new issue or to be bought on market)

DRP strike price per financial product

Last date to submit a participation
notice for this distribution in
accordance with DRP participation
terms

Section 5: Authority for this announcement
Name of person

authorised to make
this announcement
Craig Peirce
Contact person for this
announcement
Craig Peirce
Contact phone number +64 21 248 6301
Contact email address peirce@pfi.co.nz
Date of release through MAP

24 November 2025