Centuria Capital : Distribution Reinvestment Plan

Centuria Capital Group (CNI)

Distribution Reinvestment Plan

SYDNEY (Tuesday, 7 December 2021) - Centuria Capital Group (ASX: CNI or "Centuria") has introduced a distribution reinvestment plan (DRP) effective from Tuesday, 7 December 2021.

J	hn McBain, Joint CEO, said, "The activation of a DRP expands CNI's capital management initiatives and supports our
f	cus towards recycling and deploying capital into growth opportunities for our securityholders."
only

For further information, please telephone the Centuria Capital Group Registrar, Boardroom Pty Limited Investor Services useon 1800 182 257 (local call cost within Australia) or [phone] (outside Australia).

Important features of the DRP are as follows;

• Participation is voluntary and if you do participate you may elect to do so with any amount of your holding
• Under the DRP, securities will be issued for you at a 1.5% discount to a market price calculated under the DRP rules
• The DRP issue price will be calculated on the 10 day value weighted average price (VWAP) of all securities sold in the ordinary course of trading on the ASX automated trading system starting on the third business day after the record date
• There are no fees or brokerage for securities issued under the DRP rules
• You may join, withdraw, or vary your participation in the DRP at any time
• Securities acquired under the DRP will rank equally with existing securities on issue

Attached is a copy of the DRP Rules, with copies also available at www.CenturiaInvestor.com.

- Ends -

For more information or to arrange an interview, please contact:

		John McBain		Tim Mitchell		Alexandra Koolman
		Joint CEO		Group Head of Investor Relations		Group Communications Manager
		C nturia Capital Limited		Centuria Capital Limited		Centuria Capital Limited
		Phone: [phone]		Phone: [phone]		Phone: [phone]
		Email:[e-mail]		Email:[e-mail]		Email:[e-mail]
personal
		Announcement authorised by Anna Kovarik, Company Secretary.
		About Centuria Capital Group
For

Centuria Capital Group (CNI) is a leading real estate funds manager with a unique Australasian focus and more than $18billion of assets under management. We offer a range of investment opportunities including listed and unlisted real estate funds as well as tax-effective investment bonds. Our drive, allied with our in-depth knowledge of these sectors and intimate understanding of our clients, allows us to transform opportunities into meaningful investments.

www.centuria.com.au

Centuria Capital Group
Consisting of:
Centuria Capital Limited ABN 22 095 454 336	Level 41, Chifley Tower	T: 02 8923 8923	E: [e-mail]
Centuria Capital Fund ARSN 613 856 358	2 Chifley Square, Sydney NSW 2000	F: 02 9460 2960	www.centuria.com.au

For personal use only

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Distribution Reinvestment Plan (DRP)

Centuria Capital Group

Issued by:

Centuria Capital Limited ACN 095 454 336

Centuria Funds Management Limited ACN 607 153 588 as responsible entity of Centuria Capital Fund ARSN 613 856 358

December 2021

Important Notices

This booklet has been prepared and issued by Centuria Capital Limited ACN 095 454 336 (Company) and Centuria Funds Management Limited ACN 607 153 588 (Responsible Entity) in its capacity as responsible entity of Centuria Capital Fund ARSN 613 856 358

only(Fund).

The shares in the Company and the units in the Fund are stapled and trade together as a single stapled security (Stapled Security).

Neither the Company nor the Responsible Entity nor any f their related bodies corporate (as defined in the

Corporations Act) guarantees or in any way stands behind the performance of the Fund or the Company (together the Stapled Entity) or the repayment of capital

useby the Stapled Entity. Except for statutory liability which may not be excluded, no person accepts responsibility for any loss or amage howsoever occurring resulting from the use of or reliance on this booklet by any person. Past performance is not indicative of future performance.

The information contained in this booklet is intended to provide general advice only and does not take into account our individual objectives, financial situation or needs. You should assess whether the investment offered under this

personalbooklet is appropriate for you and consider talking to a financial adviser or consultant before making an investment

decision.

If you have any questions regarding the distribution reinvestment plan (DRP or Plan) after reading this booklet, please contact the Stapled Entity's Registry on 1800 182 257.

Defined words and expressions used in this booklet are capitalised. Please see the Glossary for their meanings.

For

Contents

Features of the DRP	2
Frequently Asked Questions	3
Rules of the DRP	5
Glossary	9
Corporate Directory	10

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For personal use only

Features of the DRP

It is important that you read this booklet carefully before you make a decision regarding the DRP.

Key features of the DRP include:

Participation in the DRP is voluntary.

If you elect to participate,distributions payable to you will be automatically reinvested in Stapled Securities.

You can have all or part of your Stapled Securities participating in the DRP.

There are no fees, brokerage or other transaction costs for Stapled Securities issued under the DRP.

Stapled Securities acquired under the DRP will rank equally with existing Stapled Securities on issue.

Stapled Securities issued under the DRP may be issued at a Discount.

You can join, withdraw or vary your participationin the DRP at any time by completing a DRP Election Form.

DRP statements outlining the Distribution calculation and details of your participation will be mailed to you after each Distribution Payment Date.

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Frequently Asked Questions

What is the DRP?

The DRP allows Securityholders automatically reinvest all or part of their Distributions in the Stapled Entity and

onlyreceive additional Stapled Securities without incurring fees, brokerage or other transaction costs.

Who can participate in the DRP?

Each Securityholder whose registered address is in Australia or New Zealand is eligible to participate in the DRP.

Is participation optional?

useYes. If you do not elect to participate in the DRP, you will continue to receive Distributions in cash.

How do I participate in the DRP?

If you wish to participate in the DRP, you must complete and sign a DRP Election Form and send it to

the Registry, whose contact details are provided on personalpage 10 of this booklet.

Do all of my Stapled Securities have to participate in the DRP?

No. You can choose to have less than your full Securityholding participate in the DRP by selecting "partial participation" on the DRP Election Form and specifying the number of Stapled Securities that you wish to participate in the DRP.

If you choose partial participation, your Distribution entitlement for Stapled Securities that are not participating in the DRP will be paid to you in cash by direct credit (unless you are a Securityholder with a registered address outside Australia, in which case payment will be by direct credit or cheque).

You should note that if you choose partial participation in the DRP, any Stapled Securities issued or transferred under the DRP will be added to the number of Participating Securities for the purposes of

Forthe next Distribution. You can change your distribution election for the DRP by logging into www.CenturiaInvestor.com or filling out an on-line form (link: Dividend-or-Distribution-Reinvestment-Plan-DRP-Application-Notice-of-Variation.pdf (centuria.com.au)).

When will my participation in the

DRP begin?

Your participation in the DRP will begin on the first

Record Date after your completed and signed

DRP Election Form is received by the Registry.

The DRP Election Form must be received by the Registry no later than one Business Day after the Record Date (or such other date as determined by the Board) to be effective for the relevant Distribution Period.

Participation in the DRP will continue whilst the DRP is offered and until you terminate or vary your participation in writing by completing a new DRP Election Form.

What if I have more than one

Securityholding?

A separate DRP Election Form must be lodged for each holding of Stapled Securities and you must clearly identify the Securityholding on the DRP Election Form.

If, at any time, you choose to combine any or all of your Securityholdings, you should contact the Registry to make sure that the appropriate DRP election continues to be applied.

Is there a minimum or maximum level of participation?

The Board may specify a minimum or maximum level of Stapled Securities that may participate in the DRP.

At the date of this booklet, there is no minimum or a maximum number of Stapled Securities for participation in the DRP. If the Board sets a minimum or maximum level of participation at a later date, we will notify you of this change to the DRP via an announcement to the ASX.

How much does it cost to participate in the DRP?

To the extent permitted by law, the Stapled Entity will pay any brokerage, commission or other transaction costs for Stapled Securities that you acquire under the DRP.

Under existing Australian law, no stamp or other duties are payable in connection with the DRP.

Does the DRP apply in respect of every Distribution?

No. In addition to varying, suspending, recommencing or terminating the DRP, the Board may at any time determine that the DRP will not apply to a particular Distribution by making an announcement to the market to that effect. The Stapled Entity will announce to the market whether the DRP applies in respect of a particular Distribution at the same time that the Distribution is announced.

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