SPG - Change to Executive Team

Stride Investment Management Limited (SIML) today announced the resignation of Fund Manager Industre, Andrew Hay, from the company’s executive team.

SIML’s Chief Executive Officer, Philip Littlewood, commented: “Andrew has been with Stride for over 20 years, most recently managing the industrial portfolio where he has contributed to strong growth in the portfolio over the last 5 years. I would like to sincerely thank Andrew for his contribution and wish him the very best in his future endeavours.”

SIML will provide the market with a further update on this role in the coming months.

End

For further information please contact:

Tim Storey, Chairman, Stride Investment Management Limited / Stride Property Limited

Mobile: 021 633 089 - Email: tim.storey@strideproperty.co.nz

Philip Littlewood, Chief Executive Officer, Stride Investment Management Limited

Mobile: 021 230 3026 - Email: philip.littlewood@strideproperty.co.nz

A Stapled Security of the Stride Property Group comprises one ordinary share in Stride Property Limited and one ordinary share in Stride Investment Management Limited. Under the terms of the constitution of each company, the shares in each can only be transferred if accompanied by a transfer of the same number of shares in the other.

•  Stride Property Group - Change to Executive Team - 240424

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