ABACUS GROUP — Board/Management Information 2017

Aug 27, 2017

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ASX ANNOUNCEMENT

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New appointments

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Abacus Property Group is pleased to announce that Jingmin Qian has accepted the offer to join the Abacus Board as a non-executive director in late September and Steven Sewell will join the executive team as Chief Investment Officer and Head of Strategy in early October.

Jingmin Qian

Jingmin has significant expertise in the property, infrastructure and resource sectors as well as rich experience on Asia. Jingmin is a director of Jing Meridian specialising in advising boards and senior management on investment, strategic management and cross-cultural management. She is a senior advisor to leading global and Australian organisations.

Previously she held executive roles with L.E.K. Consulting, Boral Limited and Leighton Holdings, with responsibilities covering strategy, mergers and acquisitions, capital planning, investment review and Asian expansion. During this period, Jingmin also served as a member of the business liaison program of the Reserve Bank of Australia. Prior to that, Jingmin started her career at the Ministry of Commerce in Beijing, working with AusAID and United Nations on aid projects in over twenty provinces in China.

Jingmin is a member of Macquarie University Council, a director of the Chartered Financial Analyst Society of Sydney, and a director and Chair of Thought Leadership Committee of the Australia China Business Council.

Jingmin holds a Bachelor Degree of Economics from University of International Business and Economics in Beijing and an MBA from Australian Graduate School of Management in Sydney. She is a CFA Charterholder and a Fellow of the Australian Institute of Company Directors.

Jingmin will stand for election as a director at the next Annual General Meeting in November.

Steven Sewell

Steven brings extensive experience and deep commercial skills in property to the role of Chief Investment Officer and Head of Strategy. Steven will be responsible for the Group’s investment and capital allocation activities.

Steven joins Abacus from the Macquarie Group where he was Executive Director of Macquarie Asset Management and Macquarie Infrastructure and Real Assets. Previously he was Chief Executive Officer of Federation Centres Ltd, Charter Hall Retail REIT and Macquarie Countrywide Trust.

Steven served as Chairman of Shopping Centres Council of Australia from 2009 to 2015.

Steven holds a Bachelor of Science from the University of Melbourne.

Abacus Property Group Chairman, Mr John Thame, said “We welcome Jingmin to the Board and Steven to the executive team. The diversity of our business model and the strength of the underlying platforms within Abacus provide significant growth opportunities. The appointment of Jingmin will

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strengthen our ability to work with capital partners globally which is a key part of our strategic direction. Furthermore, Stevens’ proven track record in both real estate and funds management will enable us to grow our business platforms to take advantage of market opportunities and the support we have from capital partners.”

28 August 2017

Investor enquiries Neil Summerfield Head of Investor Relations (+61) 2 9253 8600 www.abacusproperty.com.au

About Abacus

Abacus Property Group is a diversified property group that specialises in investing in core plus property opportunities across Australia's commercial property markets. Abacus was established in 1996 and listed on the ASX in November 2002. Abacus has achieved a successful track record of acquiring property based assets and actively managing those assets to enhance income and capital growth. Abacus has a market capitalisation of over $2.0bn.

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