• Raised approximately $4.0 billion through a fully underwritten institutional placement
• Issued approximately 119.4 million new securities, equivalent to 6.2% of existing securities
• Placement priced at $33.50 per new security, a 6.9% discount to the last closing price

Goodman Group (Goodman or Group) has successfully completed a fully underwritten 'pro-rata' institutional placement (Placement), raising approximately $4.0 billion. Approximately 119.4 million new securities (equivalent to approximately 6.2% of securities on issue) are expected to be issued under the Placement. The issue price of $33.50 per new security represents a 6.9% discount to Goodman's closing price of $35.98 on Tuesday, 18 February 2025. All existing eligible institutional Securityholders who bid for an amount up to their 'pro-rata' share of the Placement securities were allocated their full bid on a best endeavours basis. Group Chief Executive Officer, Greg Goodman said: 'We're very pleased with the strong support we've received from both existing and new institutional investors for this Placement. It highlights continued confidence in Goodman's established strategy of providing essential infrastructure for the digital economy. The funds raised will enable us to optimise the opportunities we're creating over the long term, particularly through our data centre offering, and provide greater financial and operational flexibility to manage the next phase of growth.' Settlement of the new Placement securities is expected to occur on Monday, 24 February 2025, with allotment and normal trading occurring on Tuesday, 25 February 2025. The new Placement securities will rank equally with existing Goodman securities from the date of issue. They will not be entitled to the Half Year distribution because the record date for that distribution has passed. Goodman also announced it was undertaking a Security Purchase Plan (SPP) on Wednesday, 19 February 2025, with further details to be set out in the SPP Offer Booklet.