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

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

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

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

Dexo (ASX:DXS)

ASX launch

October 24, 2024

Withdrawal of Annual General Meeting Resolution

Dexus announced today that it has decided to withdraw Resolution 2 (grant of long-term incentive options to the CEO for FY 2025) from its upcoming Annual General Meeting, to be held on October 30, 2024.

Over the course of meetings with proxy advisors and investors, it became clear that while many supported an Options-Based LTI Plan (“LTIP”), there were concerns about aspects of the LTIP’s design. Given the concerns raised by investors, Dexus decided to withdraw the resolution. Any votes presented on Resolution 2 will be disregarded. Bondholders are not required to do anything.

The Dexus Board looks forward to addressing other important matters on the agenda of the next Annual General Meeting.

Authorized by the Board of Dexus Funds Management Limited

For more information contact:

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

End of insider trading

Information and Explanations from the Issuer to this announcement:

About Dexus

Dexus (ASX: DXS) is a leading Australasian fully integrated real assets 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 US$14.8 billion in offices, industries, retail, healthcare, infrastructure and alternatives. We manage over $39.7 billion in investments in our fund management business, which provides third-party capital exposure to quality sector-specific, diversified real asset products. The funds in this business have a strong track record of performing and benefiting from Dexus’ capabilities. The platform’s $16.1 billion real estate development pipeline offers the opportunity to grow both portfolios and increase future returns. We believe that the strength and quality of our relationships will always be fundamental to our success and are deeply linked to our purpose Unlock potential, create tomorrow. Our approach to sustainability is focused on the 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 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 to investors. www.dexus.com

Dexus Funds Management Limited ABN 24 060 920 783, AFSL 238163, as 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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