Winton Land Limited · NZX:WIN
Winton Land — Shareholder Meeting (October 2026)
25 slides from Winton Land's shareholder meeting presentation, Oct 23, 2026
Slide 1: Business Update: Annual Meeting of Shareholders FY26
1. Business Update ANNUAL MEETING OF SHAREHOLDERS FY26
Slide 2: Voting and asking questions
Voting and asking questions Voting Card Question box 22 2
Slide 3: Winton Board
Winton Board MICHAEL STIASSNY GLEN TUPUHI Chair / Independent Director Independent Director JAMES KEMP. MICHAELA MEEHAN Non-Executive Director Non-Executive Director WINTON
Slide 4: Agenda
1. Chair Address 2. Asset Overview 3. Resolutions 4. Other Business and Shareholder Questions Jimmy’s Point, Launch Bay Hobsonville Point 4
Slide 5: Chairman Address
Ayrburn, Arrowtown CHAIRMAN ADDRESS
Slide 6: Where We Stand
Where We Stand Where we stand today • Restored a compliant and credible board • Ended the trading suspension • Put our own money on the table • Started the rebuild of our leadership team • Re-committed to our people Our commitment to all shareholders 1. Governance you can trust 2. A culture that val
Slide 7: Key Highlights
Key Highlights For the 12 months ending 30 June 2026 (FY26): $188.8m Revenue 430 Units delivered and settled $45.6m EBITDA $38.8m Cash $22.7m Net profit after tax c.5,400 Unit¹ landbank yield Notes: 1. Units comprise residential land lots, dwellings, townhouses, apartments, retirement living units a
Slide 8: FY26 Financial Performance
FY26 Financial Performance Revenue up 21.5% - margin uplift drives profit growth. Financial Performance Statement of Financial Performance FY26 FY25 NZ$m (unless indicated otherwise) Year Ended Year Ended Movement • Revenue $188.8m, up 21.5% (FY25: $155.4m); 430 units settled, up 164 30-Jun-26 30-Ju
Slide 9: Asset Overview
Northbrook, Wānaka ASSET OVERVIEW
Slide 10: Residential Development FY26
RESIDENTIAL Residential Development FY26 Winton’s longstanding pre-sale strategy continues to deliver, achieving FY26 revenue $148.1 million. Northlake, Wanaka • Stages 18B/18C completed and titled, concluding 125 lots; 41 units remaining (pre-sold or available) • Stage 15 settled with just 1 unit r
Slide 11: Fast-track Approvals
Fast-track Approvals Sunfield and Ayrburn Screen Hub both approved under the Fast-track Approvals Act 2024. Sunfield, Auckland • Approved by the Expert Panel, 10 March 2026 • Auckland Council appealed to the High Court on a point of law (filed 9 April 2026) • Appeal heard 15–16 September 2026; decis
Slide 12: Northbrook Wānaka Stage 2 Underway
RETIREMENT Northbrook Wānaka Stage 2 Underway Northbrook Wānaka marked its first birthday on 14 May 2026. • Steady move-ins over the first year; entry prices tracking in line with expectations • Wellness Spa opened 4 February 2026: heated indoor pool, spa, sauna, gym, yoga/Pilates studio, hair salon
Slide 13: Goodfellows Lakeside
RETIREMENT Goodfellows Lakeside A new lifestyle village in Lakeside, Te Kauwhata for those over 60. Kennet Display Home, Goodfellows Lakeside • Launched 2 May 2026 with 18 lots released in Stage 1; Stage 1 delivers 72 homes of an eventual 210 Residents’ Lounge, Goodfellows Lakeside • Seven house typ
Slide 14: Commercial: Cracker Bay
COMMERCIAL Cracker Bay continued to establish itself as a distinctive waterfront precinct during FY26. • Office building 88% occupied across four levels; Level 1 the only floor • Bravo opened 26 February 2026: overwater restaurant and all-day dining unleased on the Waitematā Harbour, adding a food a
Slide 15: Commercial: Ayrburn
COMMERCIAL FY26 marked the first full year with all Ayrburn venues trading. • Hospitality revenue $35.8m, up 69.4%: all venues trading for the full year • Billy's and The Woolshed named Michelin Selected in 2026, recognising New Zealand's most exceptional restaurants • Second Ayrburn Classic (Feb 20
Slide 16: Dividend and Outlook
Dividend and Outlook Navigating softer conditions — focus on recurrent income, Sunfield and South Island developments. • Unemployment at 5.6% and still rising; net migration below long- term average • Encouraging signs: building consents above long-run average, concrete volumes back to decade averag
Slide 17: Resolutions
Northbrook, Wānaka RESOLUTIONS
Slide 18: Voting and asking questions
Voting and asking questions Voting Card Question box 18 18 18
Slide 19: Resolution 1: Election of Michael Stiassny as Director
Resolution 1: Election of Michael Stiassny as Director That Michael Stiassny, having been appointed by the Board and only holding office until the Annual Meeting of Shareholders, be elected as Director of the Company. The Board unanimously recommends that shareholders vote in favour of the election
Slide 20: Resolution 2: Auditor's Remuneration
Resolution 2: Auditor’s Remuneration That the Board be authorised to fix the fees and expenses of Ernst & Young as the auditor of the Company for the ensuing year. The Board unanimously recommends that shareholders vote in favour of this resolution. Lakeside, Te Kauwhata 20
Slide 21: Proxy Vote Outcomes
Proxy Vote Outcomes RESOLUTION FOR AGAINST PROXY DISCRETION Election of Michael Stiassny as 248,099,223 4,881 79,559 Director (99.97%) (0.00%) (0.03%) Auditor’s Remuneration 248,099,471 5,359 80,567 (99.97%) (0.00%) (0.03%) 21
Slide 22: Other Business and Shareholder Questions
Northbrook, Wānaka OTHER BUSINESS AND SHAREHOLDER QUESTIONS
Slide 23: Thank You for Attending
The Manure Room and The Woolshed, Ayrburn THANK YOU FOR ATTENDING
Slide 24: Important Notice and Disclaimer
DISCLAIMER Important Notice and Disclaimer This disclaimer applies to this document and the accompanying material (“Document”) or any information contained in it. The information included in this Document should be read in conjunction with the audited consolidated financial statements for the year e
Slide 25: Winton: Best by Design
WINTON BEST BY DESIGN