CENTURIA CAPITAL GROUP — Capital/Financing Update 2021

Apr 20, 2021

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Centuria Capital Group (CNI)
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Centuria Completes Listed Note Offer - $199m raised

• $198,693,000 raised for Centuria’s secured, listed redeemable notes offer

• 1,986,930 Notes were issued at $100 each on Tuesday 20 April 2021

• Notes will begin trading on Wednesday, 21 April 2021 under the ASX Code: C2FHA

SYDNEY (Wednesday, 21 April 2021) – Centuria Capital Group (ASX: CNI or “ Centuria ”) has announced its wholly-owned subsidiary Centuria Funds Management Limited, as trustee of the Centuria Capital No. 2 Fund (“ Issuer ”), successfully completed its offer of secured, redeemable notes (“ Notes ”), raising a total of $198,693,000 (“ Offer ”) before expenses of the Offer. The Offer resulted in 1,986,930 Notes being issued at $100 each.

Notes will begin trading on the ASX on a normal settlement basis on 21 April 2021, under the ASX code “C2FHA”.

Allocation policy

All valid applications received under the Securityholder Offer were accepted in full. Institutional Investors and Syndicate Brokers’ allocations were determined on 26 March 2021 following a $190 million Bookbuild.

Centuria Securityholders can confirm their Notes allocation by calling the Issuer’s Offer Information Line on 1300 721 637 (within Australia) or on +61 2 8023 5428 (International), Monday to Friday between 8:30am and 5:30pm (AEST). Broker Firm Offer applicants can confirm their allocations with their Syndicate Broker.

Holding statements

Clearing House Electronic Sub-register System (" CHESS ") confirmations and issuer sponsored holding statements, which confirm the number of Notes issued to each successful applicant, will be dispatched on 22 April 2021.

All successful applicants are responsible for determining and confirming the number of Notes allocated to them prior to selling any Notes. Applicants who sell Notes before receiving their CHESS confirmation or issuer sponsored statement do so at their own risk.

Interest Rate and first interest payment

The Interest Rate for the first Interest Period is 4.2913% per annum. This has been determined under the terms of the Notes as follows:

• Bank Bill Rate (being the rate for prime bank eligible securities having a tenor closest to the Interest Period): 0.0413% per annum

• Plus the Margin: 4.25% per annum

• The first interest payment will be $1.07 per Note and will be paid on 20 July 2021 for the first Interest Period.

• • The first interest period is a period of 91 days from (and including) 20 April 2021 to (but excluding) 20 July 2021

As outlined in the Offer’s Prospectus, proceeds will be used to redeem a series of Wholesale Notes that mature in April 2021 and a further series of Wholesale Notes that mature in April 2023 (and are being redeemed early), as well as support Centuria's REIT co-investment programme, strategic acquisitions and to accelerate the growth of its unlisted property funds division.

-ENDS-

For more information or to arrange an interview, please contact:

John McBain	Tim Mitchell	Alexandra Koolman
Joint CEO	Group Head of Investor Relations	Group Communications
Centuria Capital Limited	Centuria Capital Limited	Centuria Capital Limited
T: 02 8923 8902	T: 02 8923 8923	T: 02 8923 8923
E: john.mcbain@centuria.com.au	E: tim.mitchell@centuria.com.au	E: alexandra.koolman@centuria.com.au

Authorised for release by Anna Kovarik, Company Secretary.

Centuria Capital Group Consisting of: Centuria Capital Limited ABN 22 095 454 336 Centuria Capital Fund ARSN 613 856 358

Level 41, Chifley Tower 2 Chifley Square, Sydney NSW 2000

E: sydney@centuria.com.au www.centuria.com.au

T: 02 8923 8923 F: 02 9460 2960

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Centuria Capital Group (CNI)
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About Centuria Capital Group

Centuria Capital Group (CNI) is a leading real estate funds manager with a unique Australasian focus and more than $10 billion of assets under management. We offer a range of investment opportunities including listed and unlisted real estate funds as well as tax-effective investment bonds. Our drive, allied with our in-depth knowledge of these sectors and intimate understanding of our clients, allows us to transform opportunities into meaningful investments. www.centuria.com.au

Disclaimer

This announcement contains selected summary information and does not purport to be all-inclusive, comprehensive or to contain all of the information that may be relevant, or which a prospective investor may require in evaluations for a possible investment in CNI or the Notes. It should be read in conjunction with CNI's periodic and continuous disclosure announcements which are available at www.centuria.com.au.

This announcement is provided for general information purposes only. It should not be relied upon by the recipient in considering the merits of CNI or any acquisition of securities.

Before making an investment decision, the recipient should consider its own financial situation, objectives and needs, and conduct its own independent investigation and assessment of the contents of this announcement, including obtaining investment, legal, tax, accounting and such other advice as necessary or appropriate.

This announcement may contain forward-looking statements, guidance, forecasts, estimates, prospects, projections or statements in relation to future matters ('Forward Statements'). No independent third party has reviewed the reasonableness of any such statements or assumptions. No member of CNI represents or warrants that such Forward Statements will be achieved or will prove to be correct or gives any warranty, express or implied, as to the accuracy, completeness, likelihood of achievement or reasonableness of any Forward Statement contained in this announcement.

Centuria Capital Group Consisting of: Centuria Capital Limited ABN 22 095 454 336 Centuria Capital Fund ARSN 613 856 358

Level 41, Chifley Tower T: 02 8923 8923 2 Chifley Square, Sydney NSW 2000 F: 02 9460 2960

E: sydney@centuria.com.au www.centuria.com.au