CENTURIA OFFICE REIT — Capital/Financing Update 2021

Sep 26, 2021

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Centuria Office REIT (COF)
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Not for release to US wire services or distribution in the United States

Successful Completion of Entitlement Offer

SYDNEY (Monday, 27 September 2021)

Centuria Property Funds Limited ( CPFL ), as Responsible Entity for the Centuria Office REIT ( COF ), is pleased to announce the following:

• Successful completion of the fully underwritten 1-for-6.4 accelerated non-renounceable entitlement offer ( Entitlement Offer ) announced on Monday, 6 September 2021.

• The retail component of the Entitlement Offer ( Retail Entitlement Offer ) closed on Wednesday, 22 September 2021 raising approximately $72 million.

• This follows the successful completion of the institutional component of the Entitlement Offer ( Institutional Entitlement Offer ) which raised approximately $129 million, providing a total equity raising of approximately $201 million.

RETAIL ENTITLEMENT OFFER

Under the Retail Entitlement Offer, eligible retail unitholders were able to apply for their entitlement as well as additional new units beyond their entitlement up to a maximum of 50% of their entitlement ( Additional Units ). Eligible retail unitholders took up approximately $7 million (including applications for Additional Units and applications by retail unitholders who applied early and were allotted new units on the same day as units that were allotted under the Institutional Entitlement Offer). The remaining component of the Retail Entitlement Offer will be allocated to various institutional investors who sub-underwrote the Retail Entitlement Offer.

Application monies received for Additional Units above 50% of an eligible retail unitholder's entitlement will not be accepted. Application monies received in respect of Additional Units that are not allocated will be refunded.

Final settlement of the Retail Entitlement Offer will take place on Tuesday, 28 September 2021. Allotment of new units issued under the Retail Entitlement Offer will occur on Wednesday, 29 September 2021 with trading to commence on the ASX on a normal settlement basis on Thursday, 30 September 2021. Holding statements will be despatched on Friday, 1 October 2021.

• Ends –

Centuria Property Funds Limited Level 41, Chifley Tower T: 02 8923 8923 E: sydney@centuria.com.au ABN 11 086 553 639 | AFSL 231 149 2 Chifley Square, Sydney NSW 2000 F: 02 9460 2960 www.centuria.com.au

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Centuria Office REIT (COF)
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For more information or to arrange an interview, please contact:	For more information or to arrange an interview, please contact:
Grant Nichols	Tim Mitchell	Alexandra Koolman
Fund Manager – COF	Group Head of Investor Relations	Group Communications Manager
Centuria Office REIT	Centuria Capital Limited	Centuria Capital Limited
Phone: 02 8923 8923	Phone: 02 8923 8923	Phone: 02 8923 8923
Email: grant.nichols@centuria.com.au	Email: tim.mitchell@centuria.com.au	Email: alexandra.koolman@centuria.com.au

Authorised for release by Anna Kovarik, Company Secretary

About Centuria Office REIT

COF is Australia’s largest ASX listed pure play office REIT and is included in the S&P/ASX300 Index. COF owns a portfolio of high quality assets situated in core office markets throughout Australia. COF is overseen by a hands on, active manager and provides investors with income and the opportunity for capital growth from a pure play portfolio of high-quality Australian office assets.

Centuria Property Funds Limited (CPFL) is the Responsible Entity for the ASX listed Centuria Office REIT (COF). CPFL, is a wholly owned subsidiary of Centuria Capital Group (CNI). CNI is an ASX-listed specialist investment manager with more than $17 billion in total assets under management and offers a range of investment opportunities including listed and unlisted property funds as well as tax-effective investment bonds.

www.centuria.com.au

Summary Information

The following disclaimer applies to this announcement and any information contained in it (the Information). The Information in this announcement is of general background and does not purport to be complete. It should be read in conjunction with COF's other periodic and continuous disclosure announcements lodged with ASX Limited, which are available at www.asx.com.au. You are advised to read this disclaimer carefully before reading or making any other use of this announcement or any Information contained in this announcement. In accepting this announcement, you agree to be bound by the following terms and conditions including any modifications to them.

Forward Looking Statements

This announcement may include forward-looking statements. These forward-looking statements are based on COF’s expectations and beliefs concerning future events. Forward looking statements are necessarily subject to risks, uncertainties and other factors, many of which are outside the control of COF, which could cause actual results to differ materially from such statements. COF makes no undertaking to subsequently update or revise the forward-looking statements made in this announcement, to reflect the circumstances or events after the date of this announcement.

Not an offer in the United States

This announcement has been prepared for publication in Australia and may not be released to US wire services or distributed in the United States. This announcement does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States or any other jurisdiction. Any securities described in this announcement have not been, and will not be, registered under the US Securities Act of 1933 ( US Securities Act ) or the securities laws of any state or other jurisdiction of the United States and may not be offered or sold in the United States except in transactions exempt from, or not subject to, the registration of the US Securities Act and applicable US state securities laws.

Centuria Property Funds Limited Level 41, Chifley Tower ABN 11 086 553 639 | AFSL 231 149 2 Chifley Square, Sydney NSW 2000

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

T: 02 8923 8923 F: 02 9460 2960