Goodman Group issues performance rights to key management personnel

Goodman Group (ASX:GMG) has issued 12,532,700 unquoted performance rights under its employee incentive scheme, effective September 30, 2025. These securities are subject to a transfer restriction and will not be quoted on the ASX until the restriction period ends. This issuance forms part of an existing class of securities with the ASX security code GMGAM.

The issuance includes two types of rights under the Group's Long Term Incentive Plan: 10,222,700 five-year performance rights and 2,310,000 ten-year performance rights. These new securities will rank equally in all respects from their issue date with the existing issued securities in that class.

Among the recipients are key management personnel (KMP). Nick Kurtis received 390,000 performance rights, and Nick Vrondas received 330,000 performance rights. The issuance was conducted without security holder approval, utilizing the entity's 15% placement capacity under listing rule 7.1. Following this issuance, Goodman Group will have a total of 67,066,100 unquoted performance rights on issue.