BWP GROUP — Capital/Financing Update 2026

May 5, 2026

ASX

Market Announcement

6 May 2026

BWP Group (ASX: BWP) – Trading Halt (1)

Description

The securities of BWP Group ('BWP') will be placed in trading halt at the request of BWP, pending it releasing an announcement regarding the outcome of the institutional component of the accelerated entitlement offer. Unless ASX decides otherwise, the securities will remain in trading halt until the commencement of normal trading on Thursday, 7 May 2026.

Issued by

ASX Compliance

6 May 2026

ASX Limited

Market Announcement 1/1

ASX Customer Service Centre 131 279 | asx.com.au

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bwp

6 May 2026

Advisers, Listing Compliance
ASX Limited
Level 27, 39 Martin Place
Sydney NSW 2000

By email: tradinghaltsperth@asx.com.au

Dear Sir/Madam

ASX:BWP – Request for Trading Halt

BWP Management Limited ACN 082 856 424 as responsible entity of the BWP Trust ARSN 088 581 097 and BWP Property Group Ltd ACN 688 059 074 (ASX:BWP) ("BWP") request a trading halt for the BWP stapled securities under Listing Rule 17.1 prior to the commencement of trading today.

For the purposes of Listing Rule 17.1, BWP provides the following information.

1. The trading halt is requested pending an announcement to ASX in connection with a proposed material equity raising to be conducted by way of an accelerated non-renounceable pro rata entitlement offer of new securities in BWP ("Entitlement Offer").

2. BWP requests that the trading halt continue until the earlier of:
   a. BWP releasing an announcement on ASX in relation to the completion of the institutional component of the Entitlement Offer; and
   b. the open of trading on Thursday, 7 May 2026.

3. BWP expects that the trading halt will be ended by it making an announcement to the ASX in relation to the results of the institutional component of the Entitlement Offer.

4. BWP is not aware of any reason why the trading halt should not be granted or any information necessary to inform the market about the trading halt.

Yours sincerely,

M. Scatena

Mark Scatena
Managing Director
BWP Property Group Ltd / BWP Management Ltd

BWP Property Group Ltd ABN 63 688 059 074
BWP Management Ltd ABN 26 082 856 424
as Responsible Entity for the BWP Trust
Brookfield Place Tower 2
123 St Georges Terrace
Perth, WA 6000
GPO Box M978
Perth WA 6843
T +61 8 9327 4356
F +61 8 9327 4344
bwptrust.com.au