WAYPOINT REIT — Transaction in Own Shares 2021

Nov 15, 2021

Notification of buy-back

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Announcement Summary

Name of entity WAYPOINT REIT

Announcement type

Update announcement

Type of update Correction to previous announcement

Date of this announcement

16/11/2021

Reason for update

To note that there is a maximum number of securities to be bought back of 18,000,000

ASX Security code and description of the class of +securities the subject of the buy-back WPR : FULLY PAID ORDINARY/UNITS STAPLED SECURITIES

The type of buy-back is: On market buy-back

Refer to next page for full details of the announcement

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Part 1 - Entity and announcement details

1.1 Name of entity

WAYPOINT REIT

We (the entity named above) provide the following information about our buy-back.

1.2 Registration number type Registration number ARSN 613146464

1.3 ASX issuer code

WPR

1.4 The announcement is

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Update/amendment to previous announcement

1.4a Type of update

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Correction to previous announcement

1.4b Reason for update

To note that there is a maximum number of securities to be bought back of 18,000,000

1.4c Date of initial notification of buy-back

16/11/2021

1.4d Date of previous announcement to this update

16/11/2021

1.5 Date of this announcement

16/11/2021

1.6 ASX Security code and description of the class of +securities the subject of the buy-back

WPR : FULLY PAID ORDINARY/UNITS STAPLED SECURITIES

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Part 2 - Type of buy-back

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2.1 The type of buy-back is: On market buy-back

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Part 3 - Buy-back details

Part 3A - Details of +securities, price and reason

3A.1 Total number of +securities on issue in the class of +securities to be bought back

777,883,418

3A.4 Does the entity intend to buy back a minimum number of +securities No

3A.5 Does the entity intend to buy back a maximum number of securities

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Yes

3A.5a Maximum number of securities proposed to be bought back

18,000,000

3A.6 Name of broker or brokers who will offer to buy back +securities on the entity's behalf

Broker name:

Evans and Partners

3A.9 Are the +securities being bought back for a cash consideration? Yes

3A.9a Is the price to be paid for +securities bought back known? No

3A.9a.1 In what currency will the buy-back consideration be paid?

AUD - Australian Dollar

Part 3B - Buy-back restrictions and conditions

3B.1 Does the buy-back require security holder approval?

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No

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Part 3C - Key dates

On-market buy-back

3C.2 Proposed buy-back start date 1/12/2021 3C.3 Proposed buy-back end date 15/11/2022

Part 3D - Other Information

3D.1 Any other information the entity wishes to notify to ASX about the buy-back

Pursuant to ASIC Corporations Instrument 2016/1159, the following information is provided: 1. VER Limited, the responsible entity of Waypoint REIT Trust, does not hold any interest in Waypoint REIT stapled securities.

1. Associates of VER Limited hold 225,066 Waypoint REIT stapled securities. 3. Any Waypoint REIT stapled securities bought back will be funded by debt. The security consolidation will complete on 17/11/2021 at which time 729,816,547 securities will be on issue.

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