Issuer and Responsible Entity Dexus Capital Funds Management Limited (ABN 15 159 557 721, AFSL 426455) referred to in this form as " the Responsible Entity", "Dexus", "we", or "us".

This document can be used for investors seeking to make an application for additional units for investments in either:

• Dexus Wholesale Australian Property Fund – Class C (ARSN 088 996 392 | APIR NML0001AU)
• Dexus Wholesale Australian Property Fund – Class D (ARSN 088 996 392 | APIR AMP5464AU)

This application is for investments held directly with Boardroom. If your investment is held via a platform, please use the Platform application form.

The Responsible Entity (in its personal capacity) is making the following offer of additional units to investors who apply for units in Dexus Wholesale Australian Property Fund – Class C (ARSN 088 996 392 | APIR NML0001AU) or Dexus Wholesale Australian Property Fund – Class D (ARSN 088 996 392 | APIR AMP5464AU).

The offer is available to investors who make an application from and including 1 October 2025 to 31 March 2026 (“Qualifying Investment”). The offer is open until 31 March 2026 or until $100 million of Qualifying Investments are received by the Responsible Entity.

Terms and conditions include:

1. Additional units equivalent to 2% of the Qualifying Investment will be awarded (“Additional Units”), if applied for.
2. Investors must ‘opt in’ to the offer by completing this application and submitting all documentation initially requested, within 6 months of the Responsible Entity receiving the funds for the Qualifying Investment.
3. Units issued through participation in the Distribution Reinvestment Program are not Qualifying Investments.
4. Additional Units will be processed in batches at the end of each quarter that a Qualifying Investment is made (ie 31 December and 31 March).
5. Additional Units successfully applied for will be transferred to your account after a vesting period (subject to other terms, conditions and discretions outlined in this form). Units will vest in two equal tranches.
6. If from 1 October 2025 through to any time before final vesting, a redemption request for any units is submitted by an investor or paid to an investor, then the Responsible Entity may not transfer the Additional Units.
7. Your first tranche of Additional Units will vest on the 12-month anniversary of being processed (see (4) above) provided you still hold at least the total number of units in the Fund that you held at the time you made the Qualifying Investment. The Additional Units will be transferred to your account within 30 days of the vesting date.
8. Your second tranche of Additional Units will vest on the 24-month anniversary being processed, (provided you still hold the total number of units in the Fund that you held at the time you made the Qualifying Investment). The Additional Units will be transferred to your account within 30 days of the vesting date.
9. The offer may be capped at a $25,000 worth of Additional Units per investor (with the value to be determined based on the vesting unit price).
10. Indirect investors should contact their financial adviser, master trust or platform operator to check that transfer of units will be accepted and that you can participate in this offer. Where a platform chooses to participate in the offer directly for all its clients that hold units in the Fund, individual clients of that platform will not be eligible to also participate (to avoid the Additional Units effectively being awarded twice).
11. The Responsible Entity may withdraw the offer at any time by posting a notice on the Fund’s website. In this case, the offer will be terminated immediately and no further Additional Units will be transferred.
    

Applying for Additional Units:

1. Please note, you must use the online form available on the Fund’s website to apply for Additional Units.
2. Investors must make an application for Additional Units (including providing supporting documentation) within 6 months of making a Qualifying Investment. The online form will only be ready for use on 1 November, however this does not impact the start date of the offer (1 October 2025) or the vesting time.
3. Additional Units will be processed in batches at the end of each quarter that a Qualifying Investment is made.
   1. Batching period 1: applies to Qualifying Investments received in the period 1 October 2025 to 31 December 202
   2. Batching period 2: applies to Qualifying Investments received in the period from 1 January 2026 to 31 March 2026
4. A condition of the offer is that investors must provide any additional information or supporting documentation requested by the Responsible Entity, within the timeframe stipulated. For example, we may send an email in advance of the vesting date asking you to confirm your current unit balance.
5. If you apply for Additional Units, and subsequently wish to opt out of the offer you will need to notify us of this at least 10 business days in advance of the units vesting.
6. Please note if you have a financial adviser, we may contact them in the first instance.