TOT.ASX: Amendment to Constitutions

Amendment to Constitutions

Stock	360 Capital REIT (TOT.ASX)
Release Time	21 Feb 2025, 9:57 a.m.
Price Sensitive	Yes

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360 Capital REIT Amends Constitutions to Remove Performance Fees

Key Points

Removes annual performance fees for 360 Capital Active REIT and 360 Capital Passive REIT
Changes approved by members at meeting held on 6 February 2025
Supplemental deeds to the constitutions have been executed to reflect the changes

Full Summary

360 Capital FM Limited, as the responsible entity of the 360 Capital REIT (ASX:TOT), has announced that it has amended the constitutions of the 360 Capital Active REIT and 360 Capital Passive REIT to remove the annual performance fees which the Responsible Entity may be entitled to from time to time. This change was approved by the members at a meeting held on 6 February 2025, as set out in the explanatory memorandum contained in the Notice of Meeting. Supplemental deeds to the constitutions of the two funds have been executed to incorporate this change, and have been annexed to the ASX release. The removal of the performance fees means that there will be no performance fees charged to the funds by, or payable by the funds to, the Responsible Entity or the Investment Manager.