GMT Bond Issuer Limited - Annual Result Announcement

GMT Bond Issuer Limited, a wholly owned subsidiary of Goodman Property Trust, has provided the NZX with its audited financial statements for the year ended 31 March 2025. GMT Bond Issuer Limited received $23.8 million of interest income (FY24 $25.6 million) and incurred $23.8 million of interest expense (FY24 $25.6 million). The decrease on the previous year reflects the impact of the GMB040 maturity in May 2024, partly offset by the $150 million wholesale green bond issued on 8 October 2024. In November 2024, S&P Global Ratings reaffirmed the credit rating of all bonds issued by GMT Bond Issuer Limited at BBB+. This is one notch higher than the Trust’s investment grade issuer rating of BBB due to the mortgage security held over GMT’s property portfolio. For further information please contact: Andy Eakin Chief Financial Officer Goodman Property Services (NZ) Limited (09) 375 6077 Attachments provided to NZX: 1. GMT Bond Issuer Limited 2025 Financial Statements 2. NZX Annual Result Announcement About Goodman Property Trust: GMT is a managed investment scheme, listed on the NZX. It has a market capitalisation of around $3 billion, ranking it in the top 15 of all listed investment entities. The Trust is New Zealand’s leading warehouse and logistics space provider. It has a substantial property portfolio, with a value of $4.7 billion at 31 March 2025. The Trust also holds an investment grade credit rating of BBB from S&P Global Ratings.