WAYPOINT REIT — Director's Dealing 2026

May 25, 2026

Appendix 3Y
Change of Director's Interest Notice
- vRule 3.19A.2

Appendix 3Y

Change of Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/09/01 Amended 01/01/11

Name of entity Waypoint REIT formed by stapling the shares of: - Waypoint REIT Limited: and - the units of Waypoint REIT Trust
ABN 35 612 986 517 ARSN 613 146 464

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Hadyn James Stephens
Date of last notice	19 March 2026

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Direct or indirect interest	Direct
Nature of indirect interest (including registered holder)
Note: Provide details of the circumstances giving rise to the relevant interest.	Not applicable
Date of change	20 May 2026
No. of securities held prior to change	(1) 69,092 Ordinary Stapled Securities held by Mr Hadyn James Stephens & Mrs Leanne Katherine Stephens as trustees for the HJ & LK Stephens Superannuation Fund
(2) 146,722 Ordinary Stapled Securities held by Mr Hadyn James Stephens
(3) 42,547 deferred Ordinary Stapled Securities (2024 STI)
(4) 106,094 deferred Ordinary Stapled Securities (2025 STI) held by Hadyn James Stephens
(5) 256,063 Performance Rights (2024 LTIP) held by Hadyn James Stephens
(6) 130,323 Performance Rights (2025 LTIP) held by Hadyn James Stephens
(7) 65,162 Restricted Security Rights (2025 LTIP) held by Hadyn James Stephens

• See chapter 19 for defined terms.

01/01/2011
Appendix 3Y Page 1

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Appendix 3Y

Change of Director's Interest Notice

Class	Ordinary Stapled Securities Performance Rights
Number acquired	258,812 Performance Rights
Number disposed	NA
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation	NA
No. of securities held after change	(1) 69,092 Ordinary Stapled Securities held by Mr Hadyn James Stephens & Mrs Leanne Katherine Stephens as trustees for the HJ & LK Stephens Superannuation Fund (2) 146,722 Ordinary Stapled Securities held by Mr Hadyn James Stephens (3) 42,547 deferred Ordinary Stapled Securities (2024 STI) (4) 106,094 deferred Ordinary Stapled Securities (2025 STI) held by Hadyn James Stephens (5) 256,063 Performance Rights (2024 LTIP) held by Hadyn James Stephens (6) 130,323 Performance Rights (2025 LTIP) held by Hadyn James Stephens (7) 258,812 Performance Rights (2026 LTIP) held by Hadyn James Stephens (8) 65,162 Restricted Security Rights (2025 LTIP) held by Hadyn James Stephens
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Issue of 2026 LTI plan performance rights

Part 2 – Change of director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	Not applicable
Nature of interest	Not applicable
Name of registered holder (if issued securities)	Not applicable
Date of change	Not applicable

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

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Appendix 3Y
Change of Director's Interest Notice

| No. and class of securities to which interest related prior to change
Note: Details are only required for a contract in relation to which the interest has changed | Not applicable |
| --- | --- |
| Interest acquired | Not applicable |
| Interest disposed | Not applicable |
| Value/Consideration
Note: If consideration is non-cash, provide details and an estimated valuation | Not applicable |
| Interest after change | Not applicable |

Part 3 – $^+$ Closed period

Were the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required?	No
If so, was prior written clearance provided to allow the trade to proceed during this period?	Not applicable
If prior written clearance was provided, on what date was this provided?	Not applicable

• See chapter 19 for defined terms.

01/01/2011