EQS-Adhoc: Dexus Finance Pty Limited: Withdrawal of AGM resolution

EQS-Ad-hoc: Dexus Finance Pty Limited / Keywords: AGM/EGM
Dexus Finance Pty Limited – Withdrawal from General Meeting resolution

24-October-2024 / 00:12 CET/CEST
Disclosure of privileged information acc. in article 17 MAR of Regulation (EU) no. 596/2014, transmitted by EQS News – a service of EQS Group AG.
The issuer is solely responsible for the content of this advertisement.

Dexus (ASX: DXS)

ASX launch

October 24, 2024

Withdrawal of the agreement of the General Assembly

Dexus announced today that it has decided to withdraw Resolution 2 (grant of long-term incentive options to the CEO in fiscal year 25) from its next Annual General Meeting, which will be held on October 30, 2024 .

Throughout the meetings with advisors and proxy investors, it became clear that while many supported an option-based LTI plan (“LTIP”), there were concerns about aspects of the LTIP’s design. Faced with the concerns raised by investors, Dexus has decided to withdraw the resolution. Votes submitted on Resolution 2 will not be taken into account. Security holders are not required to do anything.

The Dexus Board of Directors expects to discuss other important matters on the agenda at the next Annual General Meeting.

Authorized by the Board of Dexus Funds Management Limited

For more information contact:

investors
Rowena Causley
Head of Investor Relations listed
+61 2 9017 1390
+61 416 122 383
(email protected)

Media
Luke O’Donnell
Senior Manager, Media and Communication
+61 2 9017 1216
+61 412 023 111
(email protected)

End of privileged information

Information and explanation from the issuer of this announcement:

About Dexus

Dexus (ASX: DXS) is a leading Australasian fully integrated real asset group, managing a portfolio of high quality Australasian real estate and infrastructure valued at $54.5 billion. The Dexus platform includes the Dexus investment portfolio and fund management business. We have, directly and indirectly, $14.8 billion of office, industrial, retail, healthcare, infrastructure and alternatives. We manage over $39.7 billion of investments in our fund management business that provides third party capital with exposure to quality diversified and industry specific real asset products. Funds in this business have a strong track record of performance and benefit from Dexus’ capabilities. The platform’s $16.1 billion real estate development portfolio provides an opportunity to grow both portfolios and enhance future returns. We believe that the strength and quality of our relationships will always be critical to our success and are deeply connected to our purpose of Unlocking Potential, Creating Tomorrow. Our approach to sustainability focuses on the priority areas where we believe we can have a significant impact: customer prosperity, climate action and improving communities. Dexus is supported by more than 37,000 investors in 23 countries. With four decades of experience in real estate and infrastructure investment, fund management, asset management and development, we have a proven track record in managing capital and risk and delivering returns for investors. www.dexus.com

Dexus Funds Management Limited ABN 24 060 920 783, AFSL 238163, as the responsible entity for Dexus (ASX: DXS)
(Dexus Property Trust ARSN 648 526 470 and Dexus Operations Trust ARSN 110 521 223)
Level 30, 50 Bridge Street, Sydney NSW 2000

24-Oct-2024 CET/CEST EQS distribution services include regulatory announcements, financial/corporate news and press releases.
Archive at www.eqs-news.com

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