CENTURIA INDUSTRIAL REIT — Major Shareholding Notification 2021

Apr 29, 2021

Pendal Group Limited

Level 14, The Chifley Tower 2 Chifley Square Sydney NSW 2000 Australia ABN 28 126 385 822

Company Announcements Platform Australian Securities Exchange Limited 20 Bridge Street SYDNEY NSW 2000

30 April 2021

Dear Sir/Madam,

Re: Notice of Ceasing to be a Substantial Holder

In accordance with section 671B of the Corporations Act 2001 (Cth), we attach a Notice of Ceasing to be a Substantial Holder (Form 605) in respect of Centuria Industrial Reit( CIP ).

Yours faithfully

==> picture [119 x 40] intentionally omitted <==

Joanne Hawkins Group Company Secretary

1

{00015758.docx}

Form 605

Corporations Act 2001 Section 671B Notice of ceasing to be a substantial holder

To Company Name/Scheme CENTURIA INDUSTRIAL REIT (CIP) ACN/ARSN ACN 090 939 192

1. Details of substantial holder(1)

Name

PENDAL GROUP LIMITED (PDL)

ACN/ARSN (if applicable) ACN 126 385 822 The holder ceased to be a substantial holder on 27/04/2021 The previous notice was given to the company on 19/02/2021 The previous notice was dated 18/02/2021

2. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest (2) of the substantial holder or an associate (3) in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date of change	Person whose relevant interest changed	Nature of change (4)	Consideration given in relation to change (5)	Class (6) and number of securities affected	Person’s votes affected
27/04/2021	Pendal Group Limited & its Associates, Pendal Fund Services Limited, Pendal Institutional Limited	See Annexure 'A'	See Annexure 'A'	See Annexure 'A'	See Annexure 'A'

3. Changes in association

The persons who have become associates (3) of, ceased to be associates of, or have changed the nature of their association (7) with, the substantial holder in relation to the voting interests of the company or scheme are as follows:

Name and ACN/ARSN (if applicable) Nature of association

Page 1 of 6

4. Addresses

The addresses of persons named in this form are as follows:

Name		Address
Pendal Group Limited		Level 14, Chifley Tower, 2 Chifley Square, Sydney NSW2000
Pendal Fund Services Limited		Level 14, Chifley Tower, 2 Chifley Square, Sydney NSW2000
Pendal Institutional Limited		Level 14, Chifley Tower, 2 Chifley Square, Sydney NSW2000
CENTURIA INDUSTRIAL REIT (CIP)		The Company Secretary, CENTURIA INDUSTRIAL REIT (CIP) Level 41, Chifley Tower 2 Chifley Square Sydney NSW2000
Signature Print name Sign here
	Date 30/04/2021

Page 2 of 6

DIRECTIONS

• (1) If there are a number of substantial holders with similar or related relevant interests (e.g. a corporation and its related corporations, or the manager and trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 4 of the form.

• (2) See the definition of “relevant interest” in sections 608 and 671B(7) of the Corporations Act 2001.

• (3) See the definition of “associate” in section 9 of the Corporations Act 2001.

• (4) Include details of:

• (a) any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 671B(4) applies, a copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and

• (b) any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of “relevant agreement” in section 9 of the Corporations Act 2001.

• (5) Details of the consideration must include any and all benefits, money and other that any person from whom a relevant interest was acquired has, or may, become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

• (6) The voting shares of a company constitute one class unless divided into separate classes.

• (7) Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice.

Page 3 of 6

ANNEXURE A

This is annexure ‘A' referred to in Form 605, Notice of ceasing to be a substantial holder, lodged for Pendal Group Limited ACN 126 385 822 and its associated entities

Sales & Purchases for the period : 19/02/2021 to 28/04/2021

SECURITY: CIP

Pendal Fund Services Limited

		Nature of			Class of	Person’s votes
Date	Registered Company	Change	Quantity	Consideration	Securities	affected
	HSBC Custody Nominees (Australia)
19/02/2021	Limited	Buy	153,702	464,810.22	Ordinary	153,702
	HSBC Custody Nominees (Australia)
19/02/2021	Limited	Buy	212,764	643,419.61	Ordinary	212,764
	HSBC Custody Nominees (Australia)
2/03/2021	Limited	Buy	4,215	12,581.78	Ordinary	4,215
	HSBC Custody Nominees (Australia)
2/03/2021	Limited	Buy	4,931	14,719.03	Ordinary	4,931
	HSBC Custody Nominees (Australia)
2/03/2021	Limited	Buy	161,992	484,501.87	Ordinary	161,992
	HSBC Custody Nominees (Australia)
2/03/2021	Limited	Buy	189,489	566,742.65	Ordinary	189,489
	HSBC Custody Nominees (Australia)
3/03/2021	Limited	Buy	3,252	9,804.78	Ordinary	3,252
	HSBC Custody Nominees (Australia)
3/03/2021	Limited	Buy	3,805	11,472.08	Ordinary	3,805
	HSBC Custody Nominees (Australia)
3/03/2021	Limited	Buy	154,010	465,110.20	Ordinary	154,010
	HSBC Custody Nominees (Australia)
3/03/2021	Limited	Buy	180,153	544,062.06	Ordinary	180,153
	HSBC Custody Nominees (Australia)
4/03/2021	Limited	Buy	43,484	130,230.23	Ordinary	43,484
	HSBC Custody Nominees (Australia)
4/03/2021	Limited	Buy	50,865	152,335.59	Ordinary	50,865
	HSBC Custody Nominees (Australia)
5/03/2021	Limited	Buy	10,038	29,958.41	Ordinary	10,038
	HSBC Custody Nominees (Australia)
5/03/2021	Limited	Buy	10,410	31,068.65	Ordinary	10,410
	HSBC Custody Nominees (Australia)
5/03/2021	Limited	Buy	71,127	212,669.73	Ordinary	71,127
	HSBC Custody Nominees (Australia)
5/03/2021	Limited	Buy	73,763	220,551.37	Ordinary	73,763
	HSBC Custody Nominees (Australia)
5/03/2021	Limited	Buy	157,451	471,550.00	Ordinary	157,451
	HSBC Custody Nominees (Australia)
5/03/2021	Limited	Buy	163,289	489,034.23	Ordinary	163,289
	HSBC Custody Nominees (Australia)
8/03/2021	Limited	Buy	154,105	464,318.36	Ordinary	154,105
	HSBC Custody Nominees (Australia)
8/03/2021	Limited	Buy	202,928	611,422.06	Ordinary	202,928
	HSBC Custody Nominees (Australia)
26/03/2021	Limited	Buy	115,234	372,666.75	Ordinary	115,234
	HSBC Custody Nominees (Australia)
29/03/2021	Limited	Sell	-24,187	-80,322.61	Ordinary	24,187
	HSBC Custody Nominees (Australia)
1/04/2021	Limited	Buy	117,982	387,004.56	Ordinary	117,982
	HSBC Custody Nominees (Australia)
21/04/2021	Limited	Sell	-97,405	-338,307.05	Ordinary	97,405
	HSBC Custody Nominees (Australia)
21/04/2021	Limited	Sell	-50,665	-175,969.68	Ordinary	50,665
	HSBC Custody Nominees (Australia)
23/04/2021	Limited	Sell	-144,233	-495,858.63	Ordinary	144,233
	HSBC Custody Nominees (Australia)			-
27/04/2021	Limited	Sell	-3,859,289	13,198,768.38	Ordinary	3,859,289
	Total		-1,936,790	-7,499,192.13
		Nature of			Class of	Person’s votes
Date	Registered Company	Change	Quantity	Consideration	Securities	affected
19/02/2021	State Street Australia Limited	Buy	3,565	10,780.92	Ordinary	3,565
						Page 4 of 6

2/03/2021 2/03/2021 3/03/2021 3/03/2021 4/03/2021 5/03/2021 5/03/2021 5/03/2021 8/03/2021 26/03/2021 21/04/2021

State Street Australia Limited Buy 59 176.12 Ordinary 59 State Street Australia Limited Buy 2,279 6,816.26 Ordinary 2,279 State Street Australia Limited Buy 46 138.69 Ordinary 46 State Street Australia Limited Buy 2,166 6,541.32 Ordinary 2,166 State Street Australia Limited Buy 612 1,832.88 Ordinary 612 State Street Australia Limited Buy 169 504.38 Ordinary 169 State Street Australia Limited Buy 1,196 3,576.04 Ordinary 1,196 State Street Australia Limited Buy 2,646 7,924.51 Ordinary 2,646 State Street Australia Limited Buy 3,409 10,271.32 Ordinary 3,409 State Street Australia Limited Buy 1,809 5,850.31 Ordinary 1,809 State Street Australia Limited Sell -1,644 -5,709.94 Ordinary 1,644 Total 16,312 48,702.81 Pendal Fund Services Limited -1,920,478 **-7,450,489.32 **

Pendal Institutional Limited

		Nature of			Class of	Person’s votes
Date	Registered Company	Change	Quantity	Consideration	Securities	affected
19/02/2021	Citicorp Nominees Pty Limited	Buy	142,151	429,878.84	Ordinary	142,151
2/03/2021	Citicorp Nominees Pty Limited	Buy	3,700	11,044.50	Ordinary	3,700
2/03/2021	Citicorp Nominees Pty Limited	Buy	142,171	425,219.24	Ordinary	142,171
3/03/2021	Citicorp Nominees Pty Limited	Buy	2,855	8,607.83	Ordinary	2,855
3/03/2021	Citicorp Nominees Pty Limited	Buy	135,166	408,201.32	Ordinary	135,166
4/03/2021	Citicorp Nominees Pty Limited	Buy	38,163	114,294.37	Ordinary	38,163
5/03/2021	Citicorp Nominees Pty Limited	Buy	6,913	20,631.85	Ordinary	6,913
5/03/2021	Citicorp Nominees Pty Limited	Buy	48,981	146,453.19	Ordinary	48,981
5/03/2021	Citicorp Nominees Pty Limited	Buy	108,426	324,725.03	Ordinary	108,426
8/03/2021	Citicorp Nominees Pty Limited	Buy	137,325	413,760.23	Ordinary	137,325
26/03/2021	Citicorp Nominees Pty Limited	Buy	64,848	209,718.43	Ordinary	64,848
21/04/2021	Citicorp Nominees Pty Limited	Sell	-60,411	-209,819.49	Ordinary	60,411
	Total		770,288	2,302,715.34
		Nature of			Class of	Person’s votes
Date	Registered Company	Change	Quantity	Consideration	Securities	affected
	HSBC Custody Nominees (Australia)
19/02/2021	Limited	Buy	28,562	86,374.34	Ordinary	28,562
	HSBC Custody Nominees (Australia)
2/03/2021	Limited	Buy	780	2,328.30	Ordinary	780
	HSBC Custody Nominees (Australia)
2/03/2021	Limited	Buy	29,983	89,676.16	Ordinary	29,983
	HSBC Custody Nominees (Australia)
3/03/2021	Limited	Buy	602	1,815.03	Ordinary	602
	HSBC Custody Nominees (Australia)
3/03/2021	Limited	Buy	28,505	86,085.10	Ordinary	28,505
	HSBC Custody Nominees (Australia)
4/03/2021	Limited	Buy	8,048	24,102.96	Ordinary	8,048
	HSBC Custody Nominees (Australia)
5/03/2021	Limited	Buy	1,876	5,598.92	Ordinary	1,876
	HSBC Custody Nominees (Australia)
5/03/2021	Limited	Buy	13,290	39,737.10	Ordinary	13,290
	HSBC Custody Nominees (Australia)
5/03/2021	Limited	Buy	29,421	88,112.95	Ordinary	29,421
	HSBC Custody Nominees (Australia)
8/03/2021	Limited	Buy	28,566	86,069.36	Ordinary	28,566

Page 5 of 6

29/03/2021 8/04/2021 21/04/2021 23/04/2021 Date 2/03/2021 8/04/2021

HSBC Custody Nominees (Australia) Limited Sell -4,482 -14,884.27 Ordinary 4,482 HSBC Custody Nominees (Australia) Limited Sell -18,636 -62,754.87 Ordinary 18,636 HSBC Custody Nominees (Australia) Limited Sell -12,858 -44,658.40 Ordinary 12,858 HSBC Custody Nominees (Australia) Limited Sell -27,873 -95,824.59 Ordinary 27,873 Total 105,784 291,778.09 Registered Company Nature of Change Quantity Consideration Class of Securities Person’s votes affected State Street Australia Limited Sell -155,897 -469,249.97 Ordinary 155,897 State Street Australia Limited Sell -7,659 -25,790.92 Ordinary 7,659 Total -163,556 -495,040.89 Pendal Institutional Limited 712,516 2,099,452.54

Page 6 of 6