ASX Announcement

16 June 2022

CARINDALE PROPERTY TRUST

SCENTRE GROUP APPOINTS CHIEF FINANCIAL OFFICER

Scentre Management Limited, the responsible entity of Carindale Property Trust (ASX: CDP), is a member of

Scentre Group (ASX: SCG).

Attached is an announcement by Scentre Group in relation to the appointment of Mr Andrew Clarke as Chief Financial Officer.

Authorised by the Chief Executive Officer.

Contacts:

Company Secretary

Corporate Affairs / Media

Maureen McGrath

Alexis Lindsay

+61 2 9358 7439

+61 2 9358 7739

SCENTRE MANAGEMENT LIMITED ABN 41 001 670 579 AFS Licence No: 230329 as responsible entity of Carindale Property Trust

ABN 29 192 934 520 ARSN 093 261 744

Level 30, 85 Castlereagh Street, Sydney NSW 2000 Australia · GPO Box 4004 Sydney NSW 2001 Australia · www.carindalepropertytrust.com.au

ASX Announcement

16 June 2022

SCENTRE GROUP APPOINTS CHIEF FINANCIAL OFFICER

Scentre Group (ASX: SCG) today announced that Mr Andrew Clarke will become the Group's Chief Financial Officer (CFO) effective 1 October 2022.

Today's announcement follows the announcement of Elliott Rusanow's appointment as Chief Executive Officer, effective 1 October 2022.

Mr Clarke is currently the Group's Director of Finance and Capital Markets.

CEO-Elect Elliott Rusanow said "Andrew has extensive finance experience together with a deep understanding of Scentre Group's business that has been built over a 17-year career with Scentre Group and Westfield Group.

"Andrew will play a key role in the delivery of our strategic goals."

CEO Peter Allen said: "Andrew's appointment demonstrates the depth of the Group's talent and succession planning. I am confident Elliott, Andrew and the senior leadership team will take advantage of the many opportunities ahead."

Andrew Clarke said: "I am honoured to be appointed CFO and look forward to working with Elliott and the Scentre Group team in achieving our growth ambition."

Authorised by the Chief Executive Officer.

Scentre Group Limited

ABN 66 001 671 496

Scentre Management Limited

RE1 Limited

RE2 Limited

ABN 41 001 670 579

ABN 80 145 743 862

ABN 41 145 744 065

AFS Licence No: 230329 as responsible

AFS Licence No: 380202 as responsible

AFS Licence No: 380203 as responsible

entity of Scentre Group Trust 1

entity of Scentre Group Trust 2

entity of Scentre Group Trust 3

ABN 55 191 750 378 ARSN 090 849 746

ABN 66 744 282 872 ARSN 146 934 536

ABN 11 517 229 138 ARSN 146 934 652

Level 30, 85 Castlereagh Street

GPO Box 4004

Sydney NSW 2000 Australia

Sydney NSW 2001 Australia

scentregroup.com

Biography - Andrew Clarke

Andrew has over 20 years' experience, including working across finance, real estate and capital markets in Australia, the United Kingdom, Europe and New Zealand.

During a 17-year period at Westfield Group and Scentre Group, he has held a number of senior corporate roles. He is currently responsible for the Group's finance, group planning, treasury, investor relations, corporate development and capital transactions, commercial retail management, energy and renewables functions.

Andrew is the co-executive leader of the Group's Responsible Business (ESG) strategy and the Chair of the Group's Diversity, Equity and Inclusion Council.

Andrew joined Westfield in 2005, working across all areas of the Australia and New Zealand business. In 2012, Andrew was appointed to the role of Chief Financial Officer for Westfield Australia and New Zealand.

Following the establishment of Scentre Group, Andrew has performed a number of senior executive leadership roles.

He has been a leader in a number of capital transactions during his career with Scentre Group and Westfield, these include the $1.5 billion sale of the Sydney Office towers, the joint venture partnership with GIC for the NZ$2.1 billion New Zealand portfolio, the restructure of $1.8 billion of Property Linked Notes and the divestment of four shopping centre assets for $780 million.

Andrew has a Bachelor of Commerce (University of Victoria, New Zealand) and is a Chartered Accountant (Australia and New Zealand Institute of Chartered Accountant).

Further information:

Company Secretary

Corporate Affairs/Media

Maureen McGrath

Alexis Lindsay

+61 2 9358 7439

+61 2 9358 7739

About Scentre Group:

Scentre Group (ASX: SCG) owns and operates 42 Westfield Living Centres across Australia and New Zealand encompassing more than 12,000 outlets. Our Purpose is creating extraordinary places, connecting and enriching communities. Our Plan is to create the places more people choose to come, more often, for longer. Our Ambition is to grow by becoming essential to people and communities and the businesses that interact with them.

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Disclaimer

Carindale Property Trust published this content on 16 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 June 2022 00:12:04 UTC.