CROMWELL PROPERTY GROUP — Proxy Solicitation & Information Statement 2020

Mar 19, 2020

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Friday 20 March 2020

ASX Market Announcements Office Exchange Centre 20 Bridge Street SYDNEY NSW 2000

Dear Sir/Madam

Cromwell Property Group (ASX:CMW) Letter to Cromwell Property Group securityholders

In accordance with ASX Listing Rule 3.17.1, attached is a copy of a letter sent to holders of Cromwell Property Group stapled securities.

Yours faithfully

CROMWELL PROPERTY GROUP

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LUCY LAAKSO

COMPANY SECRETARY

Authorised for lodgement by Lucy Laakso (Company Secretary) and Michael Wilde (Chief Financial Officer).

Media Enquiries:

Honner Media Paul Cheal / Jessica Effeney +61 (0) 427 755 296 / +61 (0) 400 998 373 paul@honner.com.au / jessica@honner.com.au

ABOUT CROMWELL PROPERTY GROUP

Cromwell Property Group (ASX:CMW) is a diversified real estate investor and manager with operations on three continents and a global investor base. As at 31 December 2019, Cromwell had a market capitalisation of $3.1 billion, a direct property investment portfolio valued at $3.2 billion and total assets under management of $11.9 billion across Australia, New Zealand and Europe.

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HEAD OFFICE Lvl 19, 200 Mary St, Brisbane QLD 4001 I GPO Box 1093, Brisbane QLD 4001 INVESTORS 1300 268 078 I EMAIL invest@cromwell.com.au TENANTS 1800 005 657 I EMAIL property@cromwell.com.au TELEPHONE +61 7 3225 7777 FACSIMILE +61 7 3225 7788 WEBSITE www.cromwellpropertygroup.com

• VOTE NOW: Vote against election of Dr Weiss

• Protect your investment and prevent ARA from taking control

• Join the meeting online and be heard

Friday 20 March 2020

Dear valued securityholder,

ARA Asset Management, through ARA Real Estate Investors XXI Pte Ltd, (ARA) has called a Cromwell securityholder meeting to again push for the election of its nominee, Dr. Gary Weiss, to the Cromwell Board. ARA convened the meeting at the offices of their lawyers Arnold Bloch Leibler in Melbourne at 10.30am AEDT on Monday 30 March 2020.

Cromwell believes the location and timing of the meeting, in addition to ARA’s attempt to only provide postal voting, is a deliberate attempt to make it difficult for Cromwell securityholders to vote. ARA’s continued agitation and insistence in holding the meeting, particularly given uncertainty caused by COVID-19, illustrates their ‘takeover by stealth’ agenda and their disregard for other Cromwell securityholders.

Cromwell has taken steps to ensure all securityholders can have their voices heard.

In addition to ARA’s choice of venue, Cromwell securityholders are welcome to also physically attend the securityholder meeting at Cromwell’s office in Brisbane and also in London. The details of the venues are enclosed with this letter. Please consider your personal health and safety and any COVID-19 restrictions that may apply at the time.

Cromwell understands that physical attendance may not be possible or practical. Cromwell therefore invites securityholders to participate in the meeting ‘virtually’ through an online platform provided by our registry, Link Market Services Limited. You will be able to participate in the meeting by hearing the Chair’s address, viewing the presentation slides and asking questions.

If you have not previously lodged a proxy, you will also be able to vote online. The meeting URL will be https://agmlive.link/CMW20 . A guide to the meeting will be posted on Cromwell’s website next week.

Don’t wait. Lodge your proxy now.

Online proxy appointments and proxy forms must be received by 10.30am AEDT on Saturday 28 March 2020. Lodge online at www.linkmarketservices.com.au or submit Cromwell’s official yellow proxy form by priority post now. If you have any questions including if you are unable to locate the proxy form, please call Cromwell’s Investor Services Team on 1300 268 078 (within Australia) or +61 7 3225 7777 (outside Australia) or email invest@cromwell.com.au or visit www.cromwellpropertygroup.com for more information.

We would like to thank securityholders for their participation.

Yours sincerely

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Leon Blitz Chair Cromwell Property Group

Cromwell Property Group (ASX:CMW) comprising Cromwell Corporation Limited ABN 44 001 056 980 and the Cromwell Diversified Property Trust ABN 30 074 537 051, ARSN 102 982 598 (the responsible entity of which is Cromwell Property Securities Limited ABN 11 079 147 809, AFSL 238052) I Registered office address: Level 19, 200 Mary Street Brisbane QLD 4000 Australia

Meeting Details

Date:

Time:

Monday 30 March 2020

9.30am AEST (Brisbane) 10.30am AEDT (Melbourne) 12.30am BST (London)

Virtual meeting: https://agmlive.link/CMW20

Physical Venues

Brisbane

Registration commences at 9.00am AEST

Cromwell Property Group

Level 19 200 Mary Street Brisbane QLD 4000 Australia

Melbourne

Registration commences at 10.00am AEDT

Arnold Bloch Leibler

Level 21 333 Collins Street Melbourne VIC 3000 Australia

London

Registration commences at midnight

Link Group

65 Gresham Street London EC2V 7NQ United Kingdom