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DEXUS Capital/Financing Update 2019

May 7, 2019

64807_rns_2019-05-07_c460b934-908b-46dd-9a17-8720d4ee4736.pdf

Capital/Financing Update

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Dexus (ASX: DXS)

ASX release

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NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES

8 May 2019

Despatch of Dexus Security Purchase Plan Booklet

Dexus Funds Management Limited (“ DXFM ”) as responsible entity of Dexus (“ Dexus ”) refers to its ASX announcement made on 2 May 2019 regarding a non-underwritten Security Purchase Plan (“ SPP ”) for eligible Dexus Security Holders in Australia and New Zealand to raise up to $50 million[1] .

Dexus now provides a copy of the SPP Booklet and Application Form and advises that the SPP offer opens at 9am (Sydney time) today.

The SPP Booklet and Application Form will be mailed to Eligible Security Holders in Australia and New Zealand today.

Eligible Security Holders who have requested to receive all of their communications electronically will also be sent an email today. The email will contain a link to Dexus’s SPP website, where Security Holders will be able to download the SPP Booklet and apply online[2] .

For further information regarding the SPP, please refer to the SPP Booklet and Application Form or contact the Dexus Information Line on +1800 819 675.

For further information please contact:

Investor Relations Rowena Causley +61 2 9017 1390 +61 416 122 383 [email protected]

Media Relations Louise Murray +61 2 9017 1446 +61 403 260 754 [email protected]

About Dexus

Dexus is one of Australia’s leading real estate groups, proudly managing a high quality Australian property portfolio valued at $28.9 billion. We believe that the strength and quality of our relationships is central to our success, and are deeply committed to working with our customers to provide spaces that engage and inspire. We invest only in Australia, and directly own $13.9 billion of office and industrial properties. We manage a further $15.0 billion of office, retail, industrial and healthcare properties for third party clients. The group’s $5.0 billion development pipeline provides the opportunity to grow both portfolios and enhance future returns. With 1.7 million square metres of office workspace across 53 properties, we are Australia’s preferred office partner. Dexus is a Top 50 entity by market capitalisation listed on the Australian Securities Exchange (trading code: DXS) and is supported by 27,000 investors from 19 countries. With more than 30 years of expertise in property investment, development and asset management, we have a proven track record in capital and risk management, providing service excellence to tenants and delivering superior risk-adjusted returns for investors. www.dexus.com

Download the Dexus IR app

Download the Dexus IR app to your preferred mobile device to gain instant access to the latest stock price, ASX Announcements, presentations, reports, webcasts and more.

Dexus Funds Management Ltd ABN 24 060 920 783, AFSL 238163, as Responsible Entity for Dexus (ASX: DXS)

1 DXFM may (in its absolute discretion) in a situation where total demand exceeds $50 million, decide to increase the amount to be raised under the SPP to reduce or eliminate the need for a scale back.

  • 2 Further timetable details are set out in the SPP Booklet.

Important notice and disclaimer

Important information

This announcement is issued by Dexus Funds Management Limited (“ DXFM ”) in its capacity as responsible entity of Dexus (ASX:DXS) comprising Dexus Diversified Trust, Dexus Industrial Trust, Dexus Office Trust and Dexus Operations Trust.

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Not an offer

This announcement is for information purposes only and is not, and does not constitute, an invitation, solicitation, recommendation or offer of securities for subscription, purchase or sale in any jurisdiction. This announcement is not financial product advice and does not and will not form any part of any contract or commitment for the acquisition of Dexus Stapled Securities. This announcement is not a prospectus, product disclosure statement or other offering document under Australian law (and will not be lodged with the Australian Securities and Investments Commission) or any other law.

No action has been (or will be) taken to register Dexus Stapled Securities or otherwise permit a public offering of the Dexus Stapled Securities in any jurisdiction outside of Australia and New Zealand.

This announcement does not constitute an offer to sell, or the solicitation of an offer to buy, any securities in the United States and may not be distributed or released in the United States. The stapled securities to be offered and sold under the Placement and SPP offer by DXFM of the New Securities set out in this announcement (“ Offer ”) have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “ Securities Act ”), or under the securities laws of any state or other jurisdiction of the United States and may not be offered or sold, directly or indirectly, in the United States except in compliance with the registration requirements of the U.S. Securities Act and any other applicable securities laws of any state or other jurisdiction of the United States (which Dexus has no obligation to do or procure) or pursuant to an exemption from, or in a transaction exempt from or not subject to, such registration requirements and any other applicable securities laws. In addition, the New Securities to be offered and sold under the SPP will only be offered and sold to eligible Security Holders in Australia and New Zealand in “offshore transactions” (as defined in Regulation S under the Securities Act) in reliance on Regulation S under the Securities Act. There will be no public offer of securities in the United States.

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dexus.com

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Security Purchase Plan

NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES

Eligible Security Holders may contribute up to $15,000 in applying for new Securities

This is an important document that requires your attention.

Dexus Funds Management Limited ABN 24 060 920 783, AFSL 238163 as Responsible Entity for Dexus

www.dexus.com

Letter from the Chair

8 May 2019

Dear Security Holder

On behalf of the Board of Dexus Funds Management Limited (“ DXFM ” or “ Responsible Entity ”), the Responsible Entity for the trusts that comprise Dexus (“ Dexus ”), I am pleased to offer you the opportunity to increase your investment in Dexus through the Security Purchase Plan (“ SPP ”).

Dexus recently conducted an Institutional Placement of approximately 74 million Securities at $12.10 per Security, raising approximately $900 million (“ Institutional Placement ”).

It is intended that the Institutional Placement and SPP partly fund (together with utilising debt facilities) the acquisition of a 75% ownership interest in 80 Collins Street, Melbourne for $1.1 billion[1] (excluding acquisition costs) with the remaining 25% interest in the property being acquired by Dexus Wholesale Property Fund, as announced to the market on 2 May 2019.

80 Collins Street, Melbourne is a large-scale precinct comprising an existing A-grade office, a new premium office tower in addition to new retail space and a new boutique hotel (all currently under development). Major customers of the site include the Minister of Finance, Macquarie Group and NEXT Story Group.

The offer

The SPP is offered exclusively to all Eligible Security Holders, being registered holders as at 7:00pm (Sydney time) on Wednesday 1 May 2019 (“ Record Date ”) with a registered address in Australia or New Zealand. For New Zealand Security Holders, you must still be a Security Holder on the date of this letter. Certain Eligible Security Holders who are Custodians holding Securities on behalf of certain beneficiaries are also offered the opportunity to participate in the SPP in accordance with the Terms and Conditions. Excluded Security Holders (as defined in the Terms and Conditions) will not be invited to participate in the SPP.

The SPP provides Eligible Security Holders with an opportunity to contribute a set amount of $2,500, $5,000, $7,500, $10,000 or $15,000 (“ Parcel ”) in applying for new Securities.

The Issue Price of Securities under the SPP is $12.10 per Security (“ Issue Price ”). The Issue Price is the same as the price paid by institutional investors under the Institutional Placement.

The SPP is not underwritten and the total amount to be raised under the SPP will be capped at $50 million, subject to the Responsible Entity’s discretion, as outlined below.

If demand exceeds the $50 million cap:

  • Dexus may scale back Applications (“ Scale Back ”), which means you may be allocated fewer Securities than the Parcel for which you applied – if this happens, you will be refunded the difference in the Application amount (no interest will be payable on monies being refunded); or

  • Dexus may (in its absolute discretion) decide to increase the cap to reduce or eliminate the need for a Scale Back.

Participation in the SPP is entirely voluntary. All Securities issued under the SPP will rank equally with existing fully paid Securities and will carry the same voting rights and entitlement to receive distributions, including the full distribution for the six months ending 30 June 2019.

No brokerage, commissions or other transaction costs apply to purchases under the SPP.

1 Please refer to the ASX Announcement and Investor Presentation released to the ASX on 2 May 2019 for further information.

2 Dexus Security Purchase Plan

How to accept this offer

You can apply for Securities under the SPP by:

  • visiting the Dexus SPP Offer website at www.dexus.com and paying by BPAY[®] ; or

  • following the instructions on the enclosed personalised Application Form and paying by cheque, bank draft or money order.

This letter and its attachments set out the details and Terms and Conditions of the SPP. I encourage you to read the enclosed material and seek your own financial and tax advice in relation to the offer, before you decide whether to participate.

The SPP opens at 9am (Sydney time) on Wednesday 8 May 2019 and will close at 5pm (Sydney time) on Wednesday 29 May 2019 .

Applications will not be processed before Wednesday 8 May 2019. Accordingly, you will not be able to make a payment by BPAY[®] until the SPP opens at 9am (Sydney time) on Wednesday 8 May 2019 .

On behalf of the Board of DXFM, I invite you to consider participation in the SPP.

Yours sincerely

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Richard Sheppard Chair

Dexus Funds Management Limited

These materials do not constitute an offer to sell, or a solicitation of an offer to buy, any Securities in the United States. The Securities to be offered and sold under the SPP offer have not been, and will not be, registered under the United States Securities Act of 1933 (the “U.S. Securities Act”) or the securities laws of any state or other jurisdiction of the United States, and therefore will only be offered and sold to Eligible Security Holders in Australia and New Zealand in “offshore transactions” (as defined in Rule 902(h) under the U.S. Securities Act) in reliance on Regulation S under the U.S. Securities Act.

Dexus Security Purchase Plan 3

Key Dates

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Date (and time if relevant) Event
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7pm (Sydney time) Record Date The date and time on which Dexus determines Eligible
Wednesday 1 May 2019 Security Holders.
9am (Sydney time) Opening Date SPP opens. Applications will be processed following this
Wednesday 8 May 2019 date and BPAY®payments can be made on and from the
Opening Date.
5pm (Sydney time) Closing Date SPP closes. Applications must be received by 5pm
Wednesday 29 May 2019 (Sydney time) on this date.
Friday 31 May 2019 Scale Back Date The date on which any Scale Back is announced.
Tuesday 4 June 2019 Issue and Securities will be issued and allotted on this date.
Allotment Date
Wednesday 5 June 2019 Despatch Date Holding statements will be despatched to Security
Holders and trading of Securities allotted under the SPP
is expected to commence.

4 Dexus Security Purchase Plan

Questions and Answers

Defined words and expressions used in this booklet and the letter from the Chair are capitalised. See the Definitions section at the end of this booklet for their definition.

  1. What is the Security Purchase Plan?

The Security Purchase Plan (“ SPP ”) is an opportunity for Eligible Security Holders to purchase additional Securities without brokerage, commissions or other transaction costs.

All Securities issued to you under the SPP will rank equally with your existing fully paid Securities and will carry the same voting rights and other entitlement to receive distributions, including the full distribution for the six months ending 30 June 2019.

  1. Who may participate in the SPP?

You may participate in the SPP if you are an Eligible Security Holder. You are an Eligible Security Holder if you hold Securities on the Record Date with a registered address in:

  • Australia; or

  • New Zealand and you remain a Security Holder on the date of the offer, that is Wednesday 8 May 2019,

unless you are an Excluded Holder. Certain Eligible Security Holders who are Custodians holding Securities on behalf of certain beneficiaries are also able to participate in the SPP in accordance with the Terms and Conditions.

An Excluded Holder is any of the following registered Security Holders:

  • a holder who holds Securities on their own account and resides outside Australia or New Zealand;

  • a holder who holds Securities on behalf of another person who resides outside Australia or New Zealand; or

  • a holder who is, or is acting for the account or benefit of, a person in the United States.

The Securities are not being offered or sold to the public within New Zealand other than to existing Security Holders with registered addresses in New Zealand, to whom the offer of Securities is being made in reliance on the Financial Markets Conduct Act 2013 and the Financial Markets Conduct (Incidental Offers) Exemption Notice 2016.

Each Custodian, trustee or nominee must not distribute any documents relating to the SPP to any person in the United States and must not

submit an Application or make payment by BPAY[®][2] or otherwise for Securities for any person for whose account or benefit it acts that is an Excluded Holder.

  1. Do I have to participate in the SPP?

No. Participation in the SPP is entirely voluntary.

If you do not wish to participate in the SPP, no action is required on your part. However, Dexus notes that if you do not participate in the SPP, your Security holding as a percentage of all Securities issued in Dexus will be diluted.

Before you apply for Securities, Dexus recommends you seek independent financial and tax advice from your financial adviser, accountant or tax specialist, and you monitor the price of the Security (which is quoted in the financial pages of the major metropolitan newspapers and on the ASX website). This booklet does not purport to contain all of the information that you need to make an investment decision.

  1. Can my offer under the SPP be transferred to a third party?

No. Your rights under this offer are personal to you and non-renounceable, so you may not transfer them.

  1. What is the Issue Price of the Securities under the SPP?

The Issue Price of Securities under the SPP is $12.10 per Security. The Issue Price is the same as the price paid by institutional investors under the Institutional Placement.

The Issue Price may differ from the market price of Securities on the day the SPP offer opens, or the day the Securities are issued and allotted to you.

The market price or value of Securities is subject to market volatility. It may be higher or lower, at any time, than the Issue Price of the Securities you receive. The market price may change between the date of this offer and the date when Securities are issued and allotted to you under the SPP.

  1. How many Securities can I apply for under the SPP?

If you are an Eligible Security Holder, you are entitled to subscribe for a Parcel, regardless of the number of Securities you currently hold. These amounts may be subject to Scale Back and rounding. If you make a payment for any amount

2 ® Registered to BPAY Pty Limited ABN 69 079 137 518.

Dexus Security Purchase Plan

5

Questions and Answers continued

other than one of the Parcel amounts, your Application may be rejected or rounded down to the next lowest Parcel amount, at Dexus’s absolute discretion. If your Application is rejected or rounded down to the next lowest Parcel amount, your monies will be returned to you.

If you receive more than one copy of this booklet, or if you hold Securities in more than one capacity (e.g. because you are both a sole and a joint holder of Securities), the maximum amount you may apply for in the SPP in all capacities, and in aggregate, is $15,000. If you apply to purchase Securities under the SPP, that Application certifies that you have not exceeded this $15,000 limit.

If the Parcel you have applied for cannot be divided by the Issue Price to give a whole number of Securities, there will be a rounding down of the number of Securities. By applying to purchase Securities under the SPP, you acknowledge that any remaining balance of your payment will form part of the assets of Dexus. You will not receive a refund for this amount, which will always be less than the price of one Security.

  1. How do I apply for Securities under the SPP?

If you wish to participate in the SPP, you can apply for Securities in the following ways (noting that if you are a Custodian you must also comply with additional requirements set out in the Terms and Conditions):

  • Follow the instructions set out in the enclosed Application Form. Send your completed Application Form with your cheque, bank draft or money order drawn on an Australian branch of a financial institution in Australian currency, made payable to “ Dexus SPP Offer ” and crossed “ Not Negotiable ” to Link Market Services Limited in the enclosed reply paid envelope;

  • Apply for Securities online by visiting the Dexus SPP Offer website at www.dexus.com and pay for your Securities in the SPP by BPAY[®] . You will need to provide your Security Reference Number/Holder Identification Number, the name on the Application Form enclosed with this letter and postcode to access the online Application system and follow the instructions provided; or

  • Apply for Securities by making a payment of $2,500, $5,000, $7,500, $10,000 or $15,000 using the BPAY[®] facility provided by your bank as per the instructions in the Application Form . If you make a payment by BPAY[®] , you will be deemed to have completed an Application Form accepting Securities to the value of $2,500,

$5,000, $7,500, $10,000 or $15,000. You do not need to return the Application Form if paying by BPAY[®] .

  • If you make a payment for any amount other than one of the prescribed Parcel amounts, your Application may be rejected or rounded down to the next lowest Parcel amount, at Dexus’s absolute discretion. If your Application is rejected, your monies will be returned to you .

Applications will not be processed before the SPP opens at 9am (Sydney time) on Wednesday 8 May 2019. Accordingly, you will not be able to make a payment by BPAY[®] until after 9am (Sydney time) on Wednesday 8 May 2019 .

You will not be able to withdraw or revoke your Application once you have sent us the completed Application Form, applied online or made a payment by BPAY[®] .

  1. Can I apply for Securities under the SPP if my Securities are held by a Custodian, trustee or nominee?

If you are expressly noted on Dexus’s security register as the named beneficiary of Securities held by a Custodian, trustee or nominee you will be eligible to participate in the SPP. Please contact the Dexus Information Line on 1800 819 675 (if calling within Australia) or +61 1800 819 675 (if calling from outside Australia) between 8.30am and 5.30pm (Sydney time), Monday to Friday while the offer remains open for further information on how to participate in the SPP.

  1. How long is the SPP offer open for?

The SPP opens at 9am (Sydney time) on Wednesday 8 May 2019 and closes at 5pm (Sydney time) on Wednesday 29 May 2019.

If you want to participate you should ensure that the Registry receives payment in cleared funds by no later than 5pm (Sydney time) on Wednesday 29 May 2019 (the Closing Date for the SPP) .

  1. Do I have a guaranteed allocation of Securities under the SPP?

No.

Provided that demand does not exceed the $50 million cap, you are an Eligible Security Holder and you make a valid Application in accordance with the Terms and Conditions, then you will receive a Parcel valued at the amount specified in your Application Form (being $2,500, $5,000, $7,500, $10,000 or $15,000) and issued at the Issue Price

6 Dexus Security Purchase Plan

(rounded down to the nearest whole number of Securities).

If demand exceeds the $50 million cap:

  • Dexus may Scale Back Applications, which means you may be allocated fewer Securities than the Parcel for which you applied – if this happens, you will be refunded the difference in the Application amount (no interest will be payable on monies being refunded); or

  • Dexus may (in its absolute discretion) decide to increase the cap to reduce or eliminate the need for Scale Back.

11. What is the market price of Securities?

The market price of Securities can be obtained from the ASX website by searching for “Dexus” in the prices search screen.

12. Taxation

You should consult your own tax specialist about the tax status of your investment in the Securities.

Foreign Account Tax Compliance Act and Common Reporting Standard

The Responsible Entity is registered with the U.S. Internal Revenue Service (“ IRS ”) as a Reporting Australian Financial Institution under the Agreement between the Government of Australia and the Government of the United States of America to Improve International Tax Compliance and to Implement FATCA signed on 28 April 2014 (“ Australian IGA ”). The Responsible Entity may conduct due diligence on Security Holders to comply with its obligations under the Australian IGA in respect of Dexus and may require Security Holders to provide it with certain information, certifications and/or documentation in respect of their status for the purposes of the U.S. Foreign Account Tax Compliance Act (“ FATCA ”) at the time of an Application for the issue of the Securities and/ or at any time after the Securities have been issued to the Security Holder.

The Responsible Entity will report information in respect of certain Security Holders and their Securities to the Australian Taxation Office (“ ATO ”). Broadly, the Responsible Entity will report information in respect of Security Holders who are U.S. citizens or residents, certain types of U.S. entities or certain types of non-U.S. entities that are controlled by one or more U.S. citizens or residents. The Responsible Entity will not generally be subject to withholding under FATCA on amounts it receives, and will not generally be required to withhold under FATCA on payments it makes, other than in certain prescribed circumstances. If a Security Holder does

not provide the Responsible Entity with the required information, certifications and/or documentation upon request, the Responsible Entity may be required to report information in respect of that Security Holder and its Securities to the ATO. In accordance with the Australian IGA, the ATO will share information reported to it under the Australian IGA with the IRS.

The OECD Common Reporting Standard for Automatic Exchange of Financial Account Information (“ CRS ”) also requires certain financial institutions to report information regarding certain accounts to their local tax authority and follow related due diligence procedures. The Responsible Entity is a Reporting Financial Institution for the purposes of the CRS.

On 3 June 2015, Australia signed the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information, and has also concluded separate Competent Authority Agreements with certain jurisdictions (“ Competent Authority Agreements ”).

From 1 July 2017, Reporting Financial Institutions are required to apply due diligence procedures relevant to the CRS and to collect and report financial account information in respect of non-residents and their Securities to the ATO. In accordance with the Competent Authority Agreements, the ATO will share certain information reported to it with other jurisdictions.

Security Holders should consult with their tax advisers for further information on how the Responsible Entity’s obligations under FATCA and CRS, and Australian implementing legislation, may affect them.

Further assistance

If you have any questions in relation to the SPP please consult your own financial adviser, accountant or tax specialist. If you require information on how to complete the Application Form please contact Dexus’s Information Line on 1800 819 675 (if calling within Australia) or +61 1800 819 675 (if calling from outside Australia) between 8.30am and 5.30pm (Sydney time), Monday to Friday while the offer remains open.

Dexus Security Purchase Plan

7

Terms and Conditions

Defined words and expressions used in this booklet are capitalised. See the Definitions section at the end of this booklet for their definition.

IMPORTANT NOTICE: The market price of Securities may rise or fall from now to when the Securities are issued or allotted to you under the SPP. If you apply to participate in the SPP by completing and returning the Application Form (or otherwise making a valid Application in accordance with these Terms and Conditions), you are accepting the risk that the market price of the Securities may change between the time you make your Application and the Issue and Allotment Date. This means it is possible that, up to or after the Issue and Allotment Date, you may be able to buy Securities at a lower price than the Issue Price. Dexus encourages you to seek your own financial advice regarding your participation in the SPP.

  • 1 Offer timetable

  • 1.1 This offer is dated, and taken to be made on Wednesday 8 May 2019.

  • 1.2 The offer opens at 9am (Sydney time) on Wednesday 8 May 2019 (“ Opening Date ”) and closes at 5pm (Sydney time) on Wednesday 29 May 2019 (“ Closing Date ”). In accordance with clause 3.5(g) Application Forms and cheques, bank drafts, money orders or BPAY[®] payments may not be processed and may not be valid if they have not been received by the Closing Date. You must allow adequate time for Application Forms and cheques, bank drafts or money orders forwarded by post to be received by the Registry.

  • 1.3 Applications cannot be processed before 9am (Sydney time) on Wednesday 8 May 2019.

  • 1.4 Any reduction in allotments of Securities under the SPP is proposed to be announced on the Scale Back Date.

    • 2.3 If two or more persons are recorded in Dexus’s security register as jointly holding Securities, they are taken to be a single registered holder of Securities for the purposes of the SPP and they are entitled to participate in the SPP in respect of that single holding only. If as joint holders you receive more than one offer under the SPP due to multiple identical holdings, you may still only contribute a maximum of $15,000 in applying for Securities. An agreement, representation, acknowledgement or certification given by any joint holder of Securities is taken to be an agreement, representation, acknowledgement or certification given by all joint holders.

    • 2.4 If you are a Custodian, trustee or nominee within the definition of “Custodian” in ASIC Class Order CO 09/425 (“ Custodian ”), you may contribute a maximum of $15,000 in applying for Securities for each participating beneficiary on whose behalf you or a downstream Custodian holds Securities (but joint holders are taken to be a single holder). This is subject to providing the Responsible Entity with a certificate setting out the matters required in clause 3.11(d). This certificate is to be provided by emailing it promptly to capitalmarkets@linkmarketservices. com.au. If you are not a Custodian, the rules for multiple single holdings apply and you may only contribute a maximum of $15,000 in applying for Securities. You are not eligible to participate on behalf of a person who resides outside Australia and New Zealand.

    • 2.5 If you are an Eligible Security Holder, your rights under this offer are personal to you and nonrenounceable, so you may not transfer them.

    • 2.6 The offer under the SPP is made on the same Terms and Conditions to each Eligible Security Holder (whether you are a Custodian or hold Securities on your own account).

  • 1.5 The Securities:

  • (a) will be issued on the Issue and Allotment Date; and

  • (b) a holding statement is expected to be despatched to you on or around the Despatch Date and the Securities will begin trading on or about that date.

  • 2.7 Participation in the SPP is entirely optional. If you are an Eligible Security Holder, you can choose whether or not to participate. If you are a Custodian, you can choose whether to extend the offer to your beneficiaries.

3 Applications for Securities

Limitations on Applications

  • 2 Eligible Security Holders

  • 2.1 You may participate in the SPP if you are an Eligible Security Holder.

  • 2.2 If you are the only registered holder of a holding of Securities, but you receive more than one offer under the SPP (due to multiple registered holdings), you may only contribute a maximum of $15,000 in applying for Securities.

  • 3.1 Subject to clause 3.2, if you are an Eligible Security Holder, you may apply under the SPP to purchase a Parcel valued at a prescribed amount, being one of $2,500, $5,000, $7,500, $10,000 or $15,000.

  • 3.2 This Parcel may be subject to a Scale Back and rounding in accordance with clauses 3.8 and 3.9.

8 Dexus Security Purchase Plan

  • 3.3 Unless you are applying as a Custodian, the maximum amount of $15,000 applies even if you receive more than one Application Form or if you hold Securities in more than one capacity (for example, if you are both a sole and joint holder of Securities – see clause 2 on page 8) and irrespective of the number of Securities you hold on the Record Date. The Responsible Entity can reject any Application for Securities if the Responsible Entity believes you have not complied with this condition.

Completing the Application Form and paying for Securities

  • 3.4 If you wish to participate in the SPP, you must do one of the following:

  • (a) apply online by visiting the Dexus SPP Offer website at www.dexus.com and pay for your Securities in the SPP by BPAY[® ] according to clause 3.4(c) below;

  • (b) complete the hard copy Application Form and return it with a cheque, bank draft or money order for a prescribed amount, being one of $2,500, $5,000, $7,500, $10,000 or $15,000 in accordance with the instructions on the Application Form. Cheques, bank drafts and money orders must be drawn on an Australian branch of a financial institution in Australian currency, made payable to “ Dexus SPP Offer ” and crossed “ Not Negotiable ”. The Responsible Entity will not accept payment by cash; or

  • (c) provided you are not a Custodian (see clause 3.11(d) for requirements applying to Custodians), you can make a payment by BPAY[®] if you have an Australian bank account enabled for this purpose on or after 9am (Sydney time) on Wednesday 8 May 2019 provided that your BPAY[®] payment is received by 5pm (Sydney time) on Wednesday 29 May 2019. BPAY[®] customers must use the unique customer reference number shown on the instructions to the Application Form which is required to identify your holding. If paying by BPAY[®] , you do not need to return your Application Form.

Note: By submitting your Application Form or using the BPAY[®] facility to apply for Securities, you represent to Dexus that the total of the Application price for the following does not exceed $15,000:

  • (i) the Securities you are applying for;

  • (ii) any other Securities you are applying for under the SPP, or Securities or interests in the class issued under a similar arrangement in the 12 months before this Application;

  • (iii) any other Securities or interests in the class which you have instructed a Custodian to acquire on your behalf under the SPP; and

  • (iv) any other Securities or interests in the class issued to a Custodian under an arrangement similar to the SPP in the 12 months before your Application under the SPP as a result of you instructing the Custodian or another Custodian, which resulted in you holding a beneficial interest in the Securities or interests.

  • Payment in cleared funds must be received by 5pm (Sydney time) on the Closing Date.

The Responsible Entity’s discretions regarding Applications

  • 3.5 The Responsible Entity has a broad discretion to accept or reject your Application to purchase Securities under the SPP, including if:

  • (a) your Application Form is incorrectly completed, incomplete or otherwise determined by the Responsible Entity to be invalid;

  • (b) your cheque, bank draft or money order is dishonoured or has not been completed correctly;

  • (c) the cheque, bank draft or money order that you enclose with your Application Form is not made out for the exact amount as indicated on the Application Form;

  • (d) your BPAY[®] payment is not received by the Closing Date or is incomplete or invalid;

  • (e) unless you are applying as a Custodian, it appears that you are applying to buy more than $15,000 (in aggregate) of Securities under the SPP;

  • (f) you are a Custodian, the Responsible Entity is not satisfied with your certification in accordance with clause 3.11(d) for any reason, or if you have not provided such certification;

  • (g) cleared funds are not received until after the Closing Date. While the Responsible Entity has the discretion to accept late Application Forms, cheques, bank drafts, money orders or BPAY[®] payments, there is no assurance that it will do so. Late Application Forms and cheques, bank drafts or money orders, if not processed, will be returned to you at your registered address. Late BPAY[®] payments may be returned to you by cheque (or any other method as the Responsible Entity determines) to your registered address; or

Dexus Security Purchase Plan

9

Terms and Conditions continued

  • (h) the Responsible Entity has reason to believe that you are not an Eligible Security Holder (subject to compliance with any applicable ASIC or ASX requirements).

The Responsible Entity must reject Applications if required to do so under ASIC Class Order CO 09/425.

Amount to be raised and Scale Back

  • 3.6 Subject to clause 3.7, the Responsible Entity has determined that the amount raised through the SPP is capped at $50 million and accordingly if demand exceeds the cap, the Responsible Entity will have the discretion to Scale Back.

  • 3.7 The Responsible Entity may (in its absolute discretion) decide to increase the cap to reduce or eliminate the need for Scale Back.

  • 3.8 If there is a Scale Back you may not receive all the Securities for which you have applied. Each applicant will be treated equally and scaled back on a pro rata basis based on the Parcel for which each applicant has applied. If a Scale Back produces a fractional number when applied to your Parcel, the number of Securities you will be allotted will be rounded down.

  • 3.9 If there is a Scale Back, the Responsible Entity will refund to you by direct credit deposit to your nominated bank account or by cheque, the difference between your Application money and the total Issue Price for the Securities allotted to you (provided that you will not receive a refund for an amount which is less than the Issue Price of one Security).

Interest

  • 3.10 No interest will be paid on any Application money returned to you.

Significance of applying for Securities

  • 3.11 If you apply to participate in the SPP:

  • (a) your Application, on these Terms and Conditions, will be irrevocable and unconditional (it cannot be withdrawn or cancelled);

  • (b) you represent that you are and each person for whom you are acting is an Eligible Security Holder;

  • (c) you certify that, even if you have received more than one offer under the SPP or received offers in more than one capacity, the aggregate Application money paid by you in any capacity (except as Custodian) for:

    • i. the Securities the subject of the Application Form or BPAY[®] payment; and
  • ii. any other Securities issued to you or to a Custodian on your behalf and at your instruction, under the SPP or any similar arrangement operated by the Responsible Entity in the 12 months before the date Dexus received your Application,

is not more than $15,000. The Responsible Entity and Dexus will take no responsibility for Applications in excess of $15,000;

  • (d) if you are a Custodian and are applying for Securities with a total Application price exceeding $15,000, you agree to certify to us in writing the matters required by ASIC CO 09/425 condition 9;

  • (e) you agree to these Terms and Conditions and you agree not to do anything which would be contrary to the spirit, intention or purpose of the SPP;

  • (f) you authorise the Responsible Entity (and its officers or agents) to correct any error in, or omission from, your Application Form and to complete the Application Form by the insertion of any missing details;

  • (g) you agree that the Responsible Entity may determine that your Application Form is valid and in accordance with these Terms and Conditions, even if it is incomplete, contains errors or is otherwise defective;

  • (h) you agree that your Application is only effective when received by the Registry and not when posted;

  • (i) you accept the risk associated with any return of Application monies (for example, in the event of a rejected Application) or other refunds that may be despatched to you by cheque or returned money order to your address shown on Dexus’s security register;

  • (j) you agree to indemnify the Responsible Entity and Dexus for, and to pay to the Responsible Entity or Dexus within 5 business days of demand, any dishonour fees or other costs the Responsible Entity or Dexus may incur in presenting a cheque or bank draft for payment which is dishonoured;

  • (k) you acknowledge that none of the Responsible Entity, Dexus or the Registry or any of their respective advisers or agents has provided you with investment advice, financial product advice or taxation advice in relation to the SPP or the Securities, and that none of them has any obligation to provide this advice, concerning your decision to apply for and purchase Securities;

10 Dexus Security Purchase Plan

  • (l) you acknowledge that the booklet that accompanies these Terms and Conditions does not purport to contain all of the information that an Security Holder may require to make an investment decision;

  • (m) you acknowledge that neither the Responsible Entity nor Dexus is liable for any exercise of any discretions by any person referred to in these Terms and Conditions;

  • (n) you acknowledge that any remaining balance of your payment, due to a rounding down of the number of Securities, will form part of the assets of Dexus (provided that the remaining balance is less than the Issue Price of one Security);

  • (o) if you make a payment of Application money by BPAY[®] , you acknowledge that you will be taken to have made all representations, warranties and undertakings set out in the Application Form as if you had validly signed and submitted an Application Form;

  • (p) you acknowledge that the Securities have not been, and will not be, registered under the U.S. Securities Act of 1933 (“ U.S. Securities Act ”), or the securities laws of any state or other jurisdictions in the United States, or in any other jurisdiction outside Australia or New Zealand and accordingly, the Securities to be offered and sold under the SPP offer will only be offered and sold to Eligible Security Holders in Australia and New Zealand in “offshore transactions” (as defined in Rule 902(h) under the U.S. Securities Act) in reliance on Regulation S under the U.S. Securities Act;

  • (q) you agree not to send any materials relating to the SPP to any person in the United States;

  • (r) you acknowledge that this document has not been registered, filed with or approved by any New Zealand regulatory authority, this document is not a product disclosure statement under New Zealand law and is not required to, and may not, contain all the information that a product disclosure statement under New Zealand law is required to contain; and

  • (s) you acknowledge that you have read the statements regarding FATCA and CRS set out in the documentation accompanying these Terms and Conditions and:

  • i. you agree to provide to the Responsible Entity on request any information, certifications and/or documentation in respect of your status for the purposes of FATCA, the Australian IGA, CRS and Australian implementing legislation relevant to those rules (including after the Securities have been issued to you);

  • ii. you warrant that any such information, certification and/or documentation you provide to the Responsible Entity is true and complete and you agree to inform the Responsible Entity within 30 days if a change in circumstances means that such information, certification and/or documentation is no longer correct; and

  • iii. you acknowledge that if you do not provide the Responsible Entity with the required information, certifications and/ or documentation upon request, the Responsible Entity may be required to report information in respect of you and your Securities to the Australian Taxation Office.

4 Parcel price and number of Securities

  • 4.1 You agree to pay the total price of one of the following prescribed Parcels:

  • (a) $2,500;

  • (b) $5,000;

  • (c) $7,500;

  • (d) $10,000; or

  • (e) $15,000.

  • 4.2 If you make a payment for any amount other than one of the Parcels set out in clause 4.1, your Application may be rejected or rounded down to the next lowest Parcel amount, at Dexus’s absolute discretion. If your Application is rejected, your monies will be returned to you.

  • 4.3 The Responsible Entity shall determine the number of Securities to be issued to each Eligible Security Holder who applies for a Parcel, by dividing the value of that Parcel by the Issue Price. If the Parcel you have applied for cannot be divided by the Issue Price to give a whole number of Securities, there will be a rounding down of the number of Securities. In accordance with clause 3.11(n), any remaining balance of your payment will form part of the assets of Dexus. You will not receive a refund for this amount, which will always be less than the Issue Price of one Security.

Dexus Security Purchase Plan

11

Terms and Conditions continued

5 Issue of Securities

  • 5.1 On the Issue and Allotment Date, the Responsible Entity will issue the number of Securities to each participating Eligible Security Holder on the basis set out in clause 4.3.

  • 5.2 Securities issued under the SPP will, at the time of issue, rank equally with, and have the same voting rights, distribution rights and other entitlements as existing Securities, including the full distribution for the six months ending 30 June 2019.

  • 5.3 The Responsible Entity will apply for Securities issued under the SPP to be quoted on ASX.

6 Waiver

The Responsible Entity reserves the right at any time to waive compliance with any provision of these Terms and Conditions in its discretion.

7 Underwriting

The SPP is not underwritten.

8 Settling disputes

The Responsible Entity may settle in any manner it sees fit, any difficulties, anomalies or disputes which may arise in connection with the operation of the SPP whether generally or in relation to any participant or any Application for Securities. The decision of the Responsible Entity is conclusive and binding on all participants and other persons to whom the determination relates. These rights may be exercised by the Responsible Entity, its board of directors or any of their delegates.

9 Privacy

  • 9.1 Chapter 2C of the Corporations Act requires information about Security Holders (including their name, address and details of the securities they hold) to be included in the public register of the entity in which they hold securities. This information must continue to be included in the public register even if they cease to hold those securities.

  • 9.2 Dexus and the Registry may collect personal information to process the Application and implement the SPP, and to administer holdings of Securities.

  • 9.4 The personal information Dexus collects in relation to Security Holders may include the name, address, other contact details, bank account details and details of their holdings of Securities.

  • 9.5 Security Holders who are individuals and the other individuals in respect of whom personal information is collected, as outlined above, have certain rights to access, correct or update the personal information held about them, subject to some exceptions allowed by law. Such individuals should contact Dexus’s Information Line on 1800 819 675 (if calling within Australia) or +61 1800 819 675 (if calling from outside Australia) between 8.30am and 5.30pm (Sydney time), Monday to Friday while the offer remains open.

  • 9.6 Personal information regarding Security Holders may be disclosed to joint Security Holders, the Registry, to securities brokers, to third party service providers (including print and mail service providers, technology providers, and professional advisers), to related entities of Dexus and each of their agents and contractors, and ASX and other regulatory authorities, and in any case, where disclosure is required or allowed by law (which may include disclosures to the Australian Taxation Office and other government or regulatory bodies or where you have consented to the disclosure). In some cases, the types of organisations referred to above to whom Dexus will disclose personal information may be located overseas.

  • 9.7 The main consequence of not providing the personal information outlined in clauses 9.1 to 9.4 would be that Dexus may be hindered in, or prevented from, processing Applications, and from conducting and implementing the SPP.

  • 9.8 The Registry’s privacy policy is available on their website: www.linkmarketservices.com.au.

  • 10 Governing law

These Terms and Conditions are governed by the laws in force in New South Wales, Australia and are to be interpreted in accordance with their spirit, intention and purpose.

  • 9.3 The personal information contained in Dexus’s security register is also used to facilitate payments and corporate communications (including financial results, annual reports and other information to be communicated to Security Holders) and to ensure compliance with legal and regulatory requirements, including taxation laws and the Corporations Act.

12 Dexus Security Purchase Plan

Definitions

Application A correctly completed and submitted Application Form and attached
application monies, or a payment via BPAY®complying with the Terms and
Conditions.
Application Form The application form relating to the SPP that you received with this booklet,
including the instructions. This may include a deemed application form in
the same terms, where a valid BPAY®payment is made.
ASIC Australian Securities and Investments Commission.
ASX ASX Limited (ABN 98 008 624 691) or the market operated by it, as the
context requires.
Closing Date 5pm (Sydney time) on Wednesday 29 May 2019.
Corporations Act Corporations Act 2001 (Cth).
CRS OECD Common Reporting Standard.
Dexus Dexus, comprising Dexus Diversifed Trust (ARSN 089 324 541), Dexus
Industrial Trust (ARSN 090 879 137), Dexus Ofce Trust (ARSN 090 768 531)
and Dexus Operations Trust (ARSN 110 521 223).
Despatch Date The date on which the holding statements are despatched to participating
Eligible Security Holders.
Dollars or $ Australian dollars.
Eligible Security Holder A person who, at the Record Date was recorded in Dexus’s security register
as being a registered holder of Securities with a registered address in:
−Australia; or
−New Zealand and the person remains a Security Holder on the date of
the ofer, that is Wednesday 8 May 2019,
and who is not an Excluded Security Holder.
Excluded Security Holder or Any of the following registered Security Holders:
Excluded Holder −a holder who holds Securities on their own account and resides outside
Australia or New Zealand;
−a holder who holds Securities on behalf of another person who resides
outside Australia or New Zealand; or
−a holder who is, or is acting for the account or beneft of, a person in the
United States.
FATCA U.S. Foreign Account Tax Compliance Act.

Dexus Security Purchase Plan 13

continued Definitions

Institutional Placement The placement of Securities to institutional investors as announced to the
ASX on Thursday 2 May 2019.
Issue and Allotment Date Tuesday 4 June 2019.
Issue Price $12.10 per Security.
Opening Date 9am (Sydney time) on Wednesday 8 May 2019.
Parcel A parcel of Securities in respect of an amount of $2,500, $5,000, $7,500,
$10,000 or $15,000 at the Issue Price.
Record Date 7pm (Sydney time) on Wednesday 1 May 2019.
Registry Link Market Services Limited (ABN 54 083 214 537).
Responsible Entity or DXFM Dexus Funds Management Limited (ABN 24 060 920 783, AFSL 238163).
SPP This Security Purchase Plan dated 8 May 2019.
Scale Back If demand exceeds the $50 million cap, Security Holders may be allocated
fewer Securities then the Parcel applied for.
Scale Back Date Friday 31 May 2019.
Security or Securities A stapled security comprising one fully paid ordinary unit in each of
Dexus Diversifed Trust (ARSN 089 324 541), Dexus Industrial Trust
(ARSN 090 879 137), Dexus Ofce Trust (ARSN 090 768 531) and Dexus
Operations Trust (ARSN 110 521 223) and listed on ASX as Dexus (ASX: DXS).
Security Holder(s) Holder(s) of Securities.
Terms and Conditions The terms and conditions of the SPP set out in this booklet, including these
Defnitions and the Application Form.

14 Dexus Security Purchase Plan

Directory

Dexus Diversified Trust ARSN 089 324 541

Dexus Industrial Trust ARSN 090 879 137

Investor Enquiries

Dexus Information Line: +61 1800 819 675 Email: [email protected] www.dexus.com

Security Registry

Dexus Office Trust ARSN 090 768 531

Dexus Operations Trust ARSN 110 521 223

Link Market Services Limited Level 12, 680 George Street Sydney NSW 2000 Locked Bag A14 Sydney South NSW 1235 www.linkmarketservices.com.au

Responsible Entity

Dexus Funds Management Limited ABN 24 060 920 783 AFSL 238163

Directors of the Responsible Entity

W Richard Sheppard, Chair Penny Bingham-Hall John C Conde AO Tonianne Dwyer Mark H Ford The Hon. Nicola Roxon Darren J Steinberg, CEO Peter B St George

Open Monday to Friday between 8.30am and 5.30pm (Sydney time).

Legal Advisors

King & Wood Mallesons Level 61 Governor Phillip Tower 1 Farrer Place Sydney NSW 2000 Australia www.kwm.com

Secretaries of the Responsible Entity

Brett Cameron Scott Mahony

Registered office of the Responsible Entity

Level 25, Australia Square 264 George Street Sydney NSW 2000 PO Box R1822 Royal Exchange Sydney NSW 1225

www.dexus.com

Dexus Funds Management Limited ABN 24 060 920 783 AFS Licence No: 238163

==> picture [158 x 57] intentionally omitted <==

Security Registry: C/- Link Market Services Limited Locked Bag A14, Sydney South NSW 1235 Australia Free Call: 1800 819 675 Telephone (outside Australia): +61 1800 819 675 ASX Code: DXS Website: www.linkmarketservices.com.au Email: [email protected]

SRN/HIN/REF:

Entitlement Number: Record Date 7:00pm (Sydney time): 1 May 2019 Offer Opens 9:00am (Sydney time): 8 May 2019 Issue Price per Security: A$12.10 Offer Closes 5:00pm (Sydney time): 29 May 2019

==> picture [596 x 545] intentionally omitted <==

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SECURITY PURCHASE PLAN (“SPP”) APPLICATION FORM
How do I apply for Securities under this offer?
■ Carefully read the booklet (including the Terms and Conditions) accompanying this form
■ Decide on the amount you wish to apply for
■ Pay for the Securities in accordance with the Terms and Conditions in the booklet, and further important instructions on this form:
Option 1: Paying by Bpay [®]
Option 2: Paying by Cheque, Bank Draft or Money Order and returning the Acceptance Slip
■ Payments must be in Australian dollars
PAYMENT OPTIONS
Option 1: Paying by Bpay [®] Option 2: Paying by Cheque, Bank Draft or Money Order
If paying by Bpay [®] , you do NOT need to complete or return the Acceptance Slip attached If paying by cheque, bank draft or money order, complete and return the Acceptance Slip
to this Application Form below. Payment must be made on or after 9:00am (Sydney time) attached to this Application Form with your Application Payment on or after 9:00am
on 8 May 2019 and received by the Registry by 5:00pm (Sydney time) on 29 May 2019. By (Sydney time) on 8 May 2019. The Application Form and Application Payment must be
paying by Bpay [®] , you will be deemed to have completed an Application Form for the received by 5.00pm (Sydney time) on 29 May 2019.
number of Securities which can be purchased as a result of your Application Payment.
A. Tick the box beside the amount you wish to apply for, being only one of either
If you make a payment by Bpay [®] and Dexus receives an amount which is not equal to either A$2,500, A$5,000, A$7,500, A$10,000 or A$15,000.
A$2,500, A$5,000, A$7,500, A$10,000 or A$15,000, Dexus may, at its discretion, reject your
B. Enter your cheque, bank draft or money order details. The amount of your Application
Application or round down the dollar amount of Securities that you are applying for to the
next lowest Parcel amount. If Dexus rounds down the dollar amount of Securities issued to Payment should be equal to the amount applied for in section A of the Acceptance Slip.
you, you will be refunded the difference between the application amount paid and that lower Cheques, bank drafts or money orders must be drawn on an Australian branch of a
Parcel amount (without interest payable on funds prior to your refund). Your Application financial institution in Australian currency, made payable to “ Dexus SPP Offer ” and
Payment must be a minimum of A$2,500. crossed “ Not Negotiable ”. Please ensure sufficient cleared funds are held in your
account, as your cheque will be banked as soon as it is received. If you provide a
cheque, bank draft or money order for an amount that is not equal to either A$2,500,
Biller Code: 66845 A$5,000, A$7,500, A$10,000 or A$15,000, Dexus may, at its discretion, reject your
Application or round down the dollar amount of Securities that you are applying for to
Ref: the next lowest Parcel amount at its discretion. If Dexus rounds down the dollar amount
of Securities issued to you, you will be refunded the difference between the Application
Telephone & Internet Banking – Bpay [®] amount paid and that lower Parcel amount (without interest payable on funds prior to
Contact your bank or financial institution to make this payment from your cheque, your refund). Your Application Payment must be a minimum of A$2,500.
savings, debit or transaction account. More info: www.bpay.com.au C. Enter your contact telephone number on which we may contact you regarding your
® Registered to Bpay Pty Ltd ABN 69 079 137 518 application for Securities, if necessary.
THIS IS A PERSONALISED FORM FOR THE SOLE USE OF THE SECURITY HOLDER AND HOLDING RECORDED ABOVE.
Please detach and enclose with payment SRN/HIN:
Entitlement Number:
SPP ACCEPTANCE SLIP
9999999
A I/we wish to purchase a parcel of Securities equivalent to the dollar amount of (tick one box only):
A$2,500 OR A$5,000 OR A$7,500 OR A$10,000 OR A$15,000
B Make your cheque, bank draft or money order payable to “Dexus SPP Offer” and crossed “Not Negotiable”
Drawer Cheque Number BSB Number Account Number Amount of Cheque
A$ .00
C Telephone Number – Business Hours Telephone Number – After Hours Contact Name
( ) ( )
SAMPLE
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IMPORTANT INFORMATION

  1. This is an important document which requires your immediate attention. If you are in any doubt as to how to deal with this Application Form, please consult a professional adviser.

  2. If you do not wish to purchase Securities under this SPP, there is no need to take any action.

  3. Please ensure you have read and understood the booklet accompanying this Application Form (including the Terms and Conditions) and this Important Information, before you make the Application Payment by Bpay[®] or you submit your Acceptance Slip with your Application Payment.

  4. This SPP is non-renounceable. Applications can only be accepted in the name of the person or the entity printed on the Application Form.

  5. If you are a custodian, trustee or nominee within the definition of “custodian” in ASIC Class Order CO 09/425 you must complete and submit an additional Schedule that contains additional certifications and details that must be provided (“the Schedule”) before your Application Form will be accepted. The Schedule can be obtained by contacting the Dexus Information Line. ( Applications received by custodians that are not accompanied by the Schedule will be rejected. )

  6. For applicants that are not required to complete the Schedule, by submitting the Acceptance Slip (with a cheque, bank draft or money order) or making payment by Bpay[®] , you certify that the aggregate of the Application Payment paid by you for:

  7. the parcel of new Securities indicated on this Application Form or Bpay[®] payment; and

  8. any other Securities applied for by you, or which you have instructed a custodian to acquire on your behalf under the SPP or any other similar arrangement in the 12 months prior to the date of submission of the Acceptance Slip or payment by Bpay[®] does not exceed A$15,000.

7. Dexus reserves the right to make amendments to this Application Form where appropriate.
8. Applicants are not assured of receiving the Securities for which they have applied as Dexus may scale back Applications in its discretion in accordance
with the Terms and Conditions in the booklet.
9. The Offer is being made to Security Holders in Australia and New Zealand only. Subject to the Terms and Conditions in the booklet, you may participate
in the SPP if:
■your address in the Security Registry of Dexus is in Australia or New Zealand as at the record date at 7:00pm (Sydney time) on 1 May 2019;
■In respect of New Zealand Security Holders only, you remain a Security Holder on 8 May 2019; and
■You are not an Excluded Holder.
Please see the booklet for further information on eligibility requirements.
10. Capitalised terms which are not defned in this Application Form have the meaning given to them in the booklet dated 8 May 2019 accompanying this
Application Form.
SAMPLE
How to Lodge your Acceptance Slip and Application Payment
A reply paid envelope is enclosed for you to return your Acceptance Slip and Application Payment (if paying by Cheque, Bank Draft or Money Order). No
postage stamp is required if it is posted in Australia.
The Acceptance Slip and the payment for Securities must be received by the Registry no later than 5:00pm (Sydney time) on 29 May 2019. If paying byBpay®
you do not need to complete or return the Acceptance Slip. You should check the processing cut-off time forBpay®transactions with your bank, credit union
or building society to ensure your payment will be received by the Registry by the close of the offer.
Mailing Address
or
Hand Delivery
Dexus
Dexus
C/- Link Market Services Limited
C/- Link Market Services Limited
GPO Box 3560
1A Homebush Bay Drive
Sydney NSW 2001
Rhodes NSW 2138(Please do not use this address for mailing purposes)

Make sure you send your Acceptance Slip and Application Payment allowing enough time for mail delivery, so Link Market Services Limited receives them no later than 5:00pm (Sydney time) on 29 May 2019. Please ensure sufficient cleared funds are held in your account, as your cheque will be banked as soon as it is received. Dexus reserves the right not to process any Acceptance Slips and Application Payments received after the Closing Date.

If you require information on how to complete this Acceptance Slip please contact the Dexus Information Line on 1800 819 675 (if calling within Australia) or +61 1800 819 675 (if calling from outside of Australia).