Argosy Property Limited — Director's Dealing 2021

Apr 9, 2021

Ongoing Disclosure Notice

Disclosure of Directors and Senior Managers Relevant Interests

==> picture [169 x 54] intentionally omitted <==

Sections 297(2) and 298(2), Financial Markets Conduct Act 2013

To NZX Limited; and Name of listed issuer: Date this disclosure made: Date of last disclosure:

Director or senior manager giving disclosure Full name(s): Name of listed issuer: Name of related body corporate (if applicable): Position held in listed issuer:

Argosy Property Limited 9-Apr-21 23-Dec-20 Peter Donald Mence Argosy Property Limited CEO

Summary of acquisition or disposal of relevant interest (excluding specified derivatives)

Class of affected quoted financial products: Nature of the affected relevant interest(s):

For that relevant interest-

Number held in class before acquisition or disposal: Number held in class after acquisition or disposal: Current registered holder(s): Registered holder(s) once transfers are registered: Details of transactions giving rise to acquisition or disposal Total number of transactions to which notice relates:

Ordinary Shares Beneficial 102,977 104,143 Peter Donald Mence

==> picture [6 x 7] intentionally omitted <==

----- Start of picture text ----- 1----- End of picture text -----

Details of transactions requiring disclosure-

Date of transaction: Nature of transaction: Name of any other party or parties to the transaction (if known): The consideration, expressed in New Zealand dollars, paid or received for the acquisition or disposal. If the consideration was not in cash and cannot be readily by converted into a cash value, describe the consideration: Number of financial products to which the transaction related: If the issuer has a financial products trading policy that prohibits directors or senior managers from trading during any period without written clearance (a closed period) include the following details— Whether relevant interests were acquired or disposed of during a closed period: Whether prior written clearance was provided to allow the acquisition or disposal to proceed during the closed period: Date of the prior written clearance (if any):

Summary of other relevant interests after acquisition or disposal:

Class of quoted financial products:

30-Mar-21 DRP allotment $1,660.5 1,166 Yes a. Ordinary Shares b. Ordinary Shares c. Ordinary Shares

Nature of relevant interest: For that relevant interest,- Number held in class: Current registered holder(s):

a. Performance Share Rights issued under the Company's Long Term Incentive Scheme b. Beneficial c. Non-beneficial

a. 718,092 b. 40,738.891666 c. 416,077 a. Peter Donald Mence b. Sharesies Nominee Limited as nominee for Peter Donald Mence c. Peter Donald Mence and Stella Nancy McDonald as Trustees of the Papageno Trust

Certification

I, 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. Signature of director or officer: Date of signature: or Signature of person authorised to sign on behalf of director or officer: Date of signature: Name and title of authorised person:

9-Apr-21 David Snelling, Company Secretary