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BWP GROUP M&A Activity 2024

Feb 28, 2024

64592_rns_2024-02-28_8a433986-15a5-463b-9721-2c832836c867.pdf

M&A Activity

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Quay Quarter Tower 50 Bridge Street, Sydney NSW 2000, Australia GPO Box 9925, Sydney NSW 2001, Australia Tel +61 2 9210 6500 Fax +61 2 9210 6611 www.corrs.com.au

Sydney Melbourne Brisbane Perth Port Moresby

29 February 2024

Online lodgement

The Manager Market Announcements Office ASX Limited Level 40, Central Park 152-158 St George’s Terrace PERTH WA 6000

Contacts Andrew Lumsden +61 2 9210 6385 Email: [email protected] Lizzie Knight +61 2 9210 6437 Email: [email protected]

Dear Sir/Madam

Takeover bid by BWP Management Limited as responsible entity for BWP Trust for Newmark REIT Management – Notice that defeating condition to takeover bid fulfilled

We act for BWP Management Limited ACN 082 856 424 as responsible entity for the BWP Trust ARSN 088 581 097 (ASX:BWP) ( BWP ), in relation to its off-market takeover bid under Chapter 6 of the Corporations Act 2001 (Cth) ( Corporations Act ) for all of the current and to be issued securities in Newmark Property REIT (ASX:NPR) ( NPR ).

We attach , by way of service pursuant to section 630(5)(b) of the Corporations Act, and as required by section 630(4) of the Corporations Act, a notice declaring that the condition in section 7 of Annexure A ( Third Party Consents ) of BWP’s bidder’s statement dated 7 February 2024 has been fulfilled.

Yours faithfully

Corrs Chambers Westgarth

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Andrew Lumsden Partner

attachments

3463-6899-3067v1

Notice of that defeating condition to takeover bid fulfilled

Section 630(4) of the Corporations Act 2001 (Cth)

To : Australian Securities Exchange (ASX)

BWP Management Limited ACN 082 856 424 as responsible entity for the BWP Trust ARSN 088 581 097 (ASX: BWP) ( BWP ) gives notice that for the purposes of section 630(4) of the Corporations Act, the condition to BWP’s takeover offer for all the issued securities in Newmark Property REIT (ASX: NPR) ( Offers ), set out in section 7 of Annexure A ( Third Party Consents ) of BWP’s bidder’s statement dated 7 February 2024, has been fulfilled (so that the Offers have become free of that condition).

Date: 29/02/2024

Signed for and on behalf of BWP Management Limited ACN 082 856 424 as responsible entity for the BWP Trust ARSN 088 581 097 by:

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……………………………………..

Mark Scatena, Director

3459-2249-6299v1

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