GARDA PROPERTY GROUP — Capital/Financing Update 2023

Apr 2, 2023

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GARDA Property Group

Level 21, 12 Creek Street W gardaproperty.com.au Brisbane QLD 4000 E info@gardaproperty.com.au GPO Box 5270 P +61 7 3002 5300 Brisbane QLD 4001

3 April 2023

BOX HILL SALE COMPLETION

Further to our announcement on 2 March 2023, GARDA is pleased to confirm the sale of its Box Hill office property has successfully completed.

The property sold for $40.3 million with net sale proceeds to be applied to GARDA’s debt facilities, reducing drawn debt to approximately $215 million.

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Authorised for release by: Matthew Madsen (Executive Chairman)

For more information please contact:

Paul Brown

Head of Treasury and Investor Relations GARDA Property Group Phone: 07 3002 5362 pbrown@gardaproperty.com.au

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