Arena REIT : Update - Dividend/Distribution - ARF

Notification of dividend / distribution

Update Summary

For personal use only

Entity name ARENA REIT.

Security on which the Distribution will be paid

ARF - FULLY PAID ORDINARY/UNITS STAPLED SECURITIES

Announcement Type

Update to previous announcement

Date of this announcement

20/4/2022

Reason for the Update To provide DRP price

Refer to below for full details of the announcement

Notification of dividend / distributionNotification of dividend / distributionAnnouncement Details

For personal use only

Part 1 - Entity and announcement details

1.1 Name of +Entity ARENA REIT.

1.2 Registered Number Type other

1.3 ASX issuer code

ARF

1.4 The announcement is

Update/amendment to previous announcement

1.4a Reason for update to a previous announcement To provide DRP price

1.4b Date of previous announcement(s) to this update 23/3/2022

1.5 Date of this announcement 20/4/2022

1.6 ASX +Security Code ARF

ASX +Security Description

FULLY PAID ORDINARY/UNITS STAPLED SECURITIESPart 2A - All dividends/distributions basic details

• 2A.1 Type of dividend/distribution

  Ordinary

• 2A.2 The Dividend/distribution: relates to a period of one quarterRegistration Number

Arena REIT Limited ABN 89 602 365 186

Arena REIT No. 1 ARSN 106 891 641

Arena REIT No. 2 ASRN 101 067 878

Notification of dividend / distributionNotification of dividend / distribution

2A.3 The dividend/distribution relates to the financial reporting or payment period ending ended/ending (date) 31/3/2022

2A.4 +Record Date 31/3/2022

For personal use only

2A.5 Ex Date 30/3/2022

2A.6 Payment Date 5/5/2022

• 2A.7 Are any of the below approvals required for the dividend/distribution before business day 0 of the timetable?

  Security holder approval

  Court approval

  Lodgement of court order with +ASICACCC approval

  FIRB approval

  Another approval/condition external to the entity required before business day 0 of the timetable for the dividend/distribution.

  No

• 2A.8 Currency in which the dividend/distribution is made ("primary currency")

AUD - Australian Dollar

2A.9 Total dividend/distribution payment amount per +security (in primary currency) for all dividends/distributions notified in this form AUD 0.04050000

2A.10 Does the entity have arrangements relating to the currency in which the dividend/distribution is paid to securityholders that it wishes to disclose to the market?

No

2A.11 Does the entity have a securities plan for dividends/distributions on this +security?

We have a Dividend/Distribution Reinvestment Plan (DRP)

2A.11a If the +entity has a DRP, is the DRP applicable to 2A.11a(i) DRP Status in respect of thisthis dividend/distribution?

Yes

2A.12 Does the +entity have tax component information apart from franking?

Yes

Part 3A - Ordinary dividend/distribution

3A.1 Is the ordinary dividend/distribution estimated at

this time?

Notification of dividend / distribution

Estimated or Actual?

Actual

dividend/distribution Full DRP

3A.1a Ordinary dividend/distribution estimated amount per +security 3 / 6

Notification of dividend / distribution

3A.1b Ordinary Dividend/distribution amount per security

AUD 0.04050000

this time?

No

For personal use only

• 3A.2 Is the ordinary dividend/distribution franked?

  No

• 3A.3 Percentage of ordinary dividend/distribution that is franked 0.0000 %

3A.4 Ordinary dividend/distribution franked amount per +security

AUD 0.00000000

3A.6 Ordinary dividend/distribution unfranked amount per +security excluding conduit foreign income amount AUD 0.04050000

3A.7 Ordinary dividend/distribution conduit foreign income amount per security

AUD 0.00000000

Part 3E - Other - distribution components / tax

per +security AUD

3A.5 Percentage amount of dividend which is unfranked 100.0000 %

3E.1 Please indicate where and when information about tax components can be obtained (you may enter a url).https://www.arena.com.au/investor-centre/tax-information

3E.2 Please indicate the following information if applicable. (Refer Annual Investment Income Report specification for further information)

Field Name

Interest

Unfranked dividends notAIIR Specification Reference Value 9.79

declared to be conduit foreign 9.80 income

Unfranked dividends declared 9.81 to be conduit foreign income

Assessable foreign source 9.91 income

Tax-free amounts 9.96

Tax-deferred amounts 9.97

Estimated/Actual

0.012035

EstimatedNotification of dividend / distributionNotification of dividend / distribution

Managed investment trust 9.105 fund payments

Franked distributions from 9.120 trusts

Gross cash distribution 9.121

0.023520

Estimated

0.040500

Actual

For personal use only

Interest exempt from 9.122

withholding

Capital Gains discount 9.124

method Non-Taxable

Australian property

Capital gains other 9.126

Non-Taxable Australian

property

Other income 9.130

Royalties 9.135

NCMI

Excluded from NCMI

Part 4A - +Dividend reinvestment plan (DRP)

0.004945

Estimated

4A.1 What is the default option if +security holders do not indicate whether they want to participate in the DRP?

Do not participate in DRP (i.e. cash payment)

4A.2 Last date and time for lodgement of election	4A.3 DRP discount rate
notices to share registry under DRP
1.5000 %
Friday April 1, 2022 17:00:00
4A.4 Period of calculation of reinvestment price
Start Date	End Date
4/4/2022	19/4/2022
4A.5 DRP price calculation methodology

The daily volume weighted average market price for all ARF stapled securities sold on the ASX and Chi-X for a period of 10 consecutive trading days, less the DRP discount.

4A.6 DRP Price (including any discount):

AUD 4.80150

4A.8 Will DRP +securities be a new issue?

4A.7 DRP +securities +issue date 5/5/2022

Yes

4A.8a Do DRP +securities rank pari passu from +issue date?

Yes

4A.9 Is there a minimum dollar amount or number of +securities required for DRP participation?

No

Notification of dividend / distribution