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    EQS-Adhoc: Dexus Finance Pty Limited: Withdrawal of the Annual General Meeting resolution

    Mars Posted on

    EQS-Ad-hoc: Dexus Finance Pty Limited / Key word(s): AGM/EGM
    Dexus Finance Pty Limited: Withdrawal of Annual General Meeting Resolution

    October 24, 2024 / 00:12 CET/CEST
    Disclosure of privileged information according to. 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 announcement.

    Dexus (ASX:DXS)

    ASX Version

    October 24, 2024

    Withdrawal of the resolution from the Annual General Meeting

    Dexus announced today that it has decided to withdraw Resolution 2 (granting of long-term incentive options to the CEO for FY25) from its upcoming annual general meeting, which will be held on October 30, 2024.

    During meetings with proxy advisors and investors, it became clear that while many favored an options-based LTI plan (“LTIP”), there were concerns about certain aspects of the LTIP design. Given the concerns expressed by investors, Dexus has decided to withdraw the resolution. Any votes submitted on Resolution 2 will be ignored. The security holders are not required to do anything.

    The Dexus Board of Directors looks forward to addressing other important issues on the agenda at the upcoming Annual General Meeting.

    Authorized by the Board of Directors of Dexus Funds Management Limited

    For more information please contact:

    Investors
    Rowena Causley
    Head of Listed Investor Relations
    +61 2 9017 1390
    +61 416 122 383
    (email protected)    		 Media
    Luke O’Donnell
    Senior Manager, Media and Communications
    +61 2 9017 1216
    +61 412 023 111
    (email protected)

    End of inside information

    Information and explanations from the issuer regarding this announcement:

    About Dexus

    Dexus (ASX:DXS) is a leading fully integrated Australasian real estate asset group, managing a high-quality Australasian real estate and infrastructure portfolio valued at $54.5 billion. The Dexus platform includes the Dexus investment portfolio and fund management business. We directly and indirectly own $14.8 billion in office, industrial, retail, healthcare, infrastructure and alternatives assets. We manage an additional $39.7 billion of investments in our funds management business, which provides third-party capital with exposure to diversified, sector-specific real asset products. Funds in this business have a strong performance track record and benefit from Dexus’ capabilities. The platform’s $16.1 billion real estate development pipeline provides the opportunity to grow both portfolios and enhance future returns. We believe that the strength and quality of our relationships will always be at the heart of our success and are deeply linked to our purpose. Unleash potential, create tomorrow. Our approach to sustainability focuses on priority areas where we believe we can make a significant impact: customer prosperity, climate action and community improvement. Dexus is backed by more than 37,000 investors from 23 countries. With four decades of expertise in real estate and infrastructure investment, fund management, asset management and development, we have a proven track record of managing capital and risk and generating returns for investors. www.dexus.com

    Dexus Funds Management Limited ABN 24 060 920 783, AFSL 238163, as the responsible entity of 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

    October 24, 2024 CET/CEST EQS Distribution Services include regulatory announcements, financial/corporate news and press releases.
    Archives on www.eqs-news.com

    Mars
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