Argosy Property allots 574,641 performance share rights

Argosy Property has allotted 574,641 PSRs, as approved by a director's resolution on May 20, 2025. The allotment represents 100% of the PSRs for the 2025 grant. The PSRs carry no nominal value and are issued at no cost to the recipients, with no payment required. The vesting period for the PSRs is three years, contingent on performance hurdles including the company's relative total shareholder return, the absolute amount of shareholder returns, and funds from operations growth, all against a comparator group. The issuance complies with NZX Listing Rule 4.6.1.