GOODMAN GROUP — Investor Presentation 2013

Dec 16, 2013

==> picture [91 x 91] intentionally omitted <==

17 December 2013

The Manager Company Notices Section ASX Limited Exchange Centre 20 Bridge Street SYDNEY NSW 2000

Dear Sir

GOODMAN GROUP (GOODMAN) – Dispatch of investor newsletter to Securityholders

Attached is the Goodman investor newsletter dispatched to Securityholders today and available on the Goodman website at www.goodman.com.

Please contact the undersigned in relation to any queries.

Yours sincerely

==> picture [89 x 54] intentionally omitted <==

Carl Bicego Company Secretary

Goodman Group

Goodman Limited | ABN 69 000 123 071 Goodman Funds Management Limited | ABN 48 067 796 641 | AFSL Number 223621 as responsible entity of Goodman Industrial Trust | ARSN 091213 839 Level 17, 60 Castlereagh Street, Sydney NSW 2000 | GPO Box 4703, Sydney NSW 2001 Australia Tel +61 2 9230 7400 | Fax +61 2 9230 7444

Goodman Logistics (HK) Limited | Company No. 1700359 | ARBN 155 911 149 | a Hong Kong company with limited liability Suite 2008, Three Pacific Place, 1 Queen’s Road East, Hong Kong | Tel +852 2249 3100 | Fax +852 2525 2070 info-au@goodman.com | www.goodman.com

+ investor insight December 2013

==> picture [80 x 72] intentionally omitted <==

==> picture [539 x 192] intentionally omitted <==

Welcome to our new look newsletter!

We are pleased to provide you with the latest edition of Goodman Group’s investor insight+ newsletter. As 2013 draws to a close, we take this opportunity to provide an update on recent initiatives and activities undertaken by Goodman. This includes an overview of our operational highlights for the first quarter of the 2014 financial year, and covers the progress we are making on our development projects and leasing results.

We wrap-up Goodman’s Annual General Meetings (AGM) recently held in Sydney and outline some of the capital management initiatives undertaken across our managed fund platform. This edition also includes highlights of some of the community activities that Goodman employees around the world have been participating in.

==> picture [182 x 178] intentionally omitted <==

Take a look at the online version of investor insight+ and explore the interactive features, including the 2013 highlights video shown at Goodman’s AGM.

==> picture [165 x 183] intentionally omitted <==

----- Start of picture text -----

$ 2.5bn
development work in progress
----- End of picture text -----

==> picture [170 x 183] intentionally omitted <==

Contents

==> picture [182 x 125] intentionally omitted <==

02 Operational update 06 Property development 10 In the community 12 Securityholder information

Page 6

Page 10

2 Goodman Group investor insight+

Operational update

Strong operating momentum

oodman’s AGM was held in Sydney on 22 November, which included an overview of the Group’s results and achievements Gin the 2013 financial year, together with its strategic positioning and outlook for the year ahead.

Securityholders were also updated on Goodman’s operational performance and business activities undertaken in the first quarter of 2014. The Group has made a good start to the 2014 financial year, reflected in the strong operating momentum and underlying property fundamentals experienced across all parts of our business. A key driver of Goodman’s growth is its global operating platform, which provides a competitive advantage due to the access it gives us to a range of opportunities and the benefit of exposure to different economic cycles across different markets.

Our total assets under management have grown to over $24 billion at 30 September 2013, up from $23 billion at 30 June and mainly driven by a number of development completions during the quarter.

Goodman’s Property Services teams successfully leased 631,000 sqm of industrial and business space across the Group and managed funds for the quarter ended 30 September, with significant contributions particularly from Australia, Greater China and Continental Europe. The strong leasing result equates to $75 million of property income, and has enabled us to maintain occupancy and retention levels at a high 96% and 74% respectively, while achieving a weighted average lease expiry of 4.8 years. $ 24bn

total assets under management

Bungarribee Industrial Estate, Sydney, Australia

==> picture [596 x 256] intentionally omitted <==

The Group has made a good start to the 2014 financial year, reflected in the strong operating momentum and underlying property fundamentals experienced across all parts of its business.

Development activity remains strong across Goodman’s operating markets, with a further $0.6 billion of new development commitments secured in the quarter ended 30 September. Our development work in progress has increased to $2.5 billion, reflecting the global diversification of our business. The undersupply of prime logistics space and a number of structural changes taking place globally, including the rapid growth in e-commerce, remain key drivers of our development business.

To highlight the activity underway in some of our markets, Goodman currently has over $700 million of developments underway in Australia, with projects in Sydney, Melbourne and Brisbane. We are progressing our urban renewal strategy, which consists of the rezoning of industrial sites to residential. This has seen contracts exchanged during the quarter for the sale of Global Business Park, North Ryde in Sydney for $73 million, and follows the sale of a $100 million site in South Sydney earlier in the 2013 calendar year.

4

Goodman Group investor insight+

Operational update continued

Leasing activity

Asia Leasing area: 131,077 sqm Net annual rent: A$22.9m

Europe Leasing area: 193,030 sqm Net annual rent: A$13.6m

Total leasing activity Group and Managed Funds Leasing area: 630,594 sqm Net annual rent: A$74.7m

Australia & New Zealand Leasing area: 306,487 sqm Net annual rent: A$38.2m

For the quarter ending 30 September 2013.

A key driver of Goodman’s growth is its global operating platform, which provides a competitive advantage due to the access it gives us to a range of opportunities.

The increase in urban renewal projects is resulting in higher density proposals on remaining sites within urban renewal precincts, and Goodman currently has a two-storey industrial facility in planning at Gardeners Road, South Sydney, which is the first of its type in Australia.

In New Zealand, Goodman is undertaking $190 million of development projects for customers in Auckland and Christchurch, while in China our development book has increased to more than $380 million, with projects underway in a number of cities. The strong growth in our China business has provided a further $370 million of new projects in planning, with Goodman’s land bank capable of delivering a development pipeline of around $2 billion.

Goodman Japan is also undertaking a number of significant opportunities in response to the robust market conditions and customer demand for well located, modern logistics space. We currently have a strong development pipeline in Japan, with the $100 million Goodman Obu development in Nagoya currently

underway and the $295 million Goodman Sakai development in Osaka Bay nearing completion. We have separately announced two new projects at Tokyo Bay – Goodman Mizue for 60,000 sqm and Goodman Ichikawa for 64,000 sqm of new space respectively, with a combined completion value of $300 million.

Goodman has maintained solid activity levels in Europe, driven by demand particularly from e-commerce, third party logistics and automotive customers. Our development work in progress is over $600 million and pleasingly reflects increased activity in the United Kingdom, in line with the improving economic conditions in that market.

Pages 6 to 9 of this newsletter provide more detail on some of the new development projects we are undertaking across our operating markets globally.

Strong third party equity commitments

==> picture [341 x 246] intentionally omitted <==

----- Start of picture text -----

Goodman Pudong International Airport Logistics Park, China
----- End of picture text -----

The strong support of Goodman’s capital partners and demand for our specialist industrial product offering was highlighted in the September quarter, with an additional $1.8 billion of committed third party equity secured across our managed fund platform. This means Goodman now has $5.8 billion of undrawn equity and debt commitments available, giving it the financial capability to take advantage of a range of development and investment opportunities around the world.

Key initiatives undertaken during the quarter include:

• + Goodman European Logistics Fund (GELF) completing a €550 million equity raising, which was increased to accommodate excess investor demand.

• + Canada Pension Plan Investment Board and Goodman contributing a further US$500 million equity commitment to the Goodman China Logistics Holding (GCLH) partnership, which increases the total committed equity in GCLH to US$1.5 billion.

==> picture [475 x 298] intentionally omitted <==

----- Start of picture text -----

+
Construction at Zalando, Mönchengladbach, Germany Goodman Ichikawa, Tokyo Bay, Japan
----- End of picture text -----

• + A new €500 million partnership, KWASA Goodman Germany (KGG), established with Malaysia’s Employees Provident Fund (EPF) on a 70:30 basis, with EPF holding the larger share. KGG was launched through the acquisition of a €213 million portfolio of German assets from the Group and GELF.

$ 1.8bn

of third party equity commitments secured

6 Goodman Group investor insight+

Property development

Robust development activity

==> picture [545 x 315] intentionally omitted <==

----- Start of picture text -----

Artist’s impression, DB Schenker, Redbank Motorway Estate, Brisbane, Australia
----- End of picture text -----

Our development work in progress increased to $2.5 billion, reflecting the global diversity of our business.

==> picture [222 x 173] intentionally omitted <==

$ 2.5bn

==> picture [185 x 13] intentionally omitted <==

----- Start of picture text -----

development work in progress
----- End of picture text -----

8 Property development continued Goodman Group investor insight+

==> picture [312 x 208] intentionally omitted <==

----- Start of picture text -----

Artist’s impression, Fonterra, Auckland, New Zealand
----- End of picture text -----

==> picture [313 x 228] intentionally omitted <==

----- Start of picture text -----

Artist’s impression, Goodman Citylink, Yanjiao, China
----- End of picture text -----

oodman currently has active developments in all of its operating markets, across 69 projects globally. Some of our recently announced G developments include:

• + 31,400 sqm pre-leased warehouse for leading international logistics provider, DB Schenker, which also marks the commencement of construction of the $350 million Redbank Motorway Estate in Brisbane.

• + 16,000 sqm head office development in Auckland, New Zealand for Fonterra, one of the world’s leading dairy companies.

• + 33,300 sqm regional distribution centre for BMW Brilliance Automotive Limited at Yanjiao in Northern China, which is one of five warehouses currently under construction at the Goodman Citylink development, providing a total gross lettable area of 130,000 sqm on completion.

• + 128,736 sqm fulfilment centre for the world’s largest e-commerce provider, Amazon at Wroclaw, Poland.

• + 24,000 sqm export hub for Volkswagen in Duisport, Germany, from which automotive components will be supplied to all of Volkswagen’s non-European plants.

• + 58,274 sqm distribution centre for Kuehne + Nagel, on behalf of its customer, Heineken, at Derby Commercial Park in the United Kingdom.

• + 30,669 sqm logistics facility at Hinckley Commercial Park in the United Kingdom, for French express parcel business, GeoPost (DPD).

$ 0.6bn

==> picture [214 x 13] intentionally omitted <==

----- Start of picture text -----

of new development commitments
----- End of picture text -----

==> picture [546 x 381] intentionally omitted <==

Artist’s impressions: Top: GeoPost (DPD), Hinckley Commercial Park, UK Middle left: Kuehne + Nagel, Derby Commercial Park, UK Middle right: Volkswagen, Duisport, Germany Bottom left: Amazon, Wroclaw, Poland

10

Goodman Foundation

Goodman Group investor insight+

Supporting our communities

Activities include:

• + OzHarvest ‘Feeding the 5,000’ – Volunteers from our Sydney office helped OzHarvest feed 5,000 people lunch in the Sydney CBD. The free meals were prepared by a number of top chefs from misshapen or imperfect vegetables that would otherwise have been left off supermarket shelves.

• + The Helmsman Project – This Goodman Foundation charity partner runs an adventure-based coaching programme, designed to build life effectiveness skills for year 9 students from schools located in low socioeconomic areas. It recently celebrated the inaugural graduation of the first three groups of participants in the programme. With the support of the Goodman Foundation, The Helmsman Project has now secured funding to deliver the programme for up to 81 participants in 2014.

+ MS Sydney to the Gong Bike Ride – The ‘Goodman Green Machine‘ team participated in the 2013 event, tackling both the 58km and 90km rides, to help raise funds for MS Australia, so they can provide services, equipment and support for the 23,000 Australians living with MS.

• + SOS Children’s villages – Our Continental Europe team continues to build on its recently announced partnership with SOS Children’s Villages, with our Belgian team donating a new minivan to help the charity transport children to school, events and outings.

OzHarvest ‘Feeding the 5,000’

The Goodman Foundation and our staff around the world have been actively supporting a number of charities over recent months, through participation in a range of activities to help further their valuable work in the communities in which Goodman operates.

• + Try Hard Warrington – Goodman Foundation has supported its UK charity partner, Wooden Spoon to launch the Try Hard Warrington programme, which helps disadvantaged 16 to 19 year olds get back into work, education or training. It assists young people who are at risk of exclusion and anti-social behavior and provides them with access to personal and social development programmes, educational support, vocational training and apprenticeship and volunteering opportunities.

• + good+toy drive – Goodman’s Sydney team are participating again this year in the Good Beginnings Toy Drive, by donating an educational toy to support the work of Play2Learn Taree, a Good Beginnings community programme, which delivers supported playgroups and other group activities.

==> picture [546 x 228] intentionally omitted <==

==> picture [343 x 181] intentionally omitted <==

Images:

Top: The Helmsman Project, Australia Left: Try Hard Warrington, UK

AGM voting results

Resolution Number of votes Total % 1 To receive and adopt the Audited Financial Statements of Goodman Logistics (HK) Limited for the year ended 30 June 2013 Votes cast FOR the resolution 1,365,110,108 99.99 Votes cast AGAINST the resolution 77,259 0.01 2 To appoint Auditors of Goodman Logistics (HK) Limited Votes cast FOR the resolution 1,363,646,469 99.36 Votes cast AGAINST the resolution 8,762,264 0.64 3 Re-election of Mr Phillip Pryke as a Director of Goodman Limited Votes cast FOR the resolution 2,740,568,758 99.64 Votes cast AGAINST the resolution 10,119,673 0.36 4 Election of Mr Philip Pearce as a Director of Goodman Limited Votes cast FOR the resolution 2,644,086,875 95.98 Votes cast AGAINST the resolution 106,523,310 4.02 5 Election of Mr Danny Peeters as a Director of Goodman Limited Votes cast FOR the resolution 2,643,469,193 95.98 Votes cast AGAINST the resolution 106,461,780 4.02 6 Election of Mr Anthony Rozic as a Director of Goodman Limited Votes cast FOR the resolution 2,658,398,454 96.54 Votes cast AGAINST the resolution 92,170,153 3.46 7 Adoption of the Remuneration Report Votes cast FOR the resolution 2,569,937,465 97.19 Votes cast AGAINST the resolution 72,421,200 2.81	Resolution Number of votes Total %
	8 Issue of Performance Rights under the Long Term Incentive Plan to Mr Gregory Goodman
	Votes cast FOR the resolution 2,572,484,616 96.68 Votes cast AGAINST the resolution 85,575,199 3.32 9 Issue of Performance Rights under the Long Term Incentive Plan to Mr PhilipPearce
	Votes cast FOR the resolution 2,572,517,970 96.69 Votes cast AGAINST the resolution 85,362,159 3.31 10 Issue of Performance Rights under the Long Term Incentive Plan to Mr DannyPeeters
	Votes cast FOR the resolution 2,572,663,048 96.69 Votes cast AGAINST the resolution 85,351,879 3.31 11 Issue of Performance Rights under the Long Term Incentive Plan to Mr AnthonyRozic
	Votes cast FOR the resolution 2,572,654,816 96.69 Votes cast AGAINST the resolution 85,328,627 3.31 12Approval of amendments to the Goodman Industrial Trust Constitution
	Votes cast FOR the resolution 2,739,760,748 99.62 Votes cast AGAINST the resolution 10,494,392 0.38

12

Goodman Group Investor Insight

Securityholder information

Upcoming key dates

18 December 2013

Announcement of estimated half year distribution

23 December 2013

Ex-distribution date

31 December 2013

Record date for the half year distribution

13 February 2014

Announcement of half year results

21 February 2014

Distribution payment date

Note: Future dates may be subject to change.

Goodman Limited

ABN 69 000 123 071

Goodman Industrial Trust ARSN 091 213 839

Responsible Entity

Goodman Funds Management Limited ABN 48 067 796 641 AFSL Number 223621

Goodman Logistics (HK) Limited

Company No. 1700359 ARBN 155 911 149

Registered office

Level 17

60 Castlereagh Street Sydney NSW 2000

GPO Box 4703 Sydney NSW 2001

T: 1300 791 100 (within Australia) +61 2 9230 7400 (outside Australia) F: +61 2 9230 7444 E: info-au@goodman.com www .goodman.com

Computershare Investor Services Pty Limited

Level 5

115 Grenfell Street Adelaide SA 5000

GPO Box 1903 Adelaide SA 5001

T: 1300 723 040 (within Australia) +61 3 9415 4043 (outside Australia)

• F: +61 8 8236 2305

• E: www.investorcentre.com/ contact

www .computershare.com

Securityholders can update the following information with Computershare online at www.investorcentre.com:

• change of address details; – request to receive communication online; – request to have payments made directly to a bank account; – provision of tax file numbers; or – general queries about your securityholding.

• If you would like to provide any feedback on the investor insight+ newsletter, please email us at info-au @goodman.com.

==> picture [34 x 34] intentionally omitted <==

==> picture [86 x 40] intentionally omitted <==

----- Start of picture text -----

XXXXXXX
----- End of picture text -----

This investor insight+ has been printed on Monza Satin. It contains 45% virgin fibre and 55% recycled fibre. It is manufactured by an ISO 14001 certified mill. Monza Satin is an FSC Mixed Sources Certified paper.

This document has been prepared by Goodman Group (Goodman Limited (ABN 69 000 123 071) and Goodman Funds Management Limited (ABN 48 067 796 641; AFSL Number 223621) as the Responsible Entity for Goodman Industrial Trust (ARSN 091 213 839) and Goodman Logistics (HK) Limited (Company Number 1700359; ARBN 155911142 – A Hong Kong company with limited liability)). It is not intended to be relied upon as advice to investors or potential investors and does not take into account the investment objectives, financial situation or needs of any particular investor. These should be considered, with professional advice, when deciding if an investment is appropriate. This document is not an offer or invitation for subscription or purchase of securities or other financial products. This document does not constitute an offer to sell, or the solicitation of an offer to buy, any securities in the United States or to any “US person” (as defined in Regulation S under the US Securities Act of 1933, as amended (Securities Act) (US Person)). Securities may not be offered or sold in the United States or to US Persons unless they are registered under the US Securities Act of 1933 or an exemption from registration is available. The stapled securities of Goodman Group have not been, and will not be, registered under the Securities Act or the securities laws of any state or jurisdiction of the United States. This document contains certain “forward looking statements”. The words “anticipate”, “believe”, “expect”, “project”, “forecast”, “estimate”, “likely”, “intend”, “should”, “could”, “may”, “target”, “plan” and other similar expressions are intended to identify forward-looking statements. Indications of, and guidance on, future earnings and financial position and performance are also forward-looking statements. Due care and attention have been used in the preparation of forecast information. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of Goodman Group. These may cause actual results to differ materially from those expressed or implied in such statements. There can be no assurance that actual outcomes will not differ materially from these statements. All values are expressed in Australian currency unless otherwise stated. Images contained in this document have been used to enable the visualisation of development concepts only and are not intended to definitively represent the final product. December 2013