Goodman : Appointments to Goodman Boards

As part of its Board renewal programme, Goodman Group ('Goodman') has made the following key board appointments:

• Ms Penny Winn appointed as an Independent Director of Goodman Limited and Goodman Funds Management Limited and the Risk and Compliance and Audit Committees
• Mr David Collins appointed as an Independent Director of Goodman Logistics (HK) Limited.

Commenting on the board appointments, Ian Ferrier, Chairman of Goodman Group said, 'The industrial property sector continues to benefit from a number of structural changes around the world as we adapt to the rise of e-commerce, increased consumerism and rapidly evolving technology. It's essential that our Board remains contemporary with the most effective blend of skills and experience across industries and geographies that continue to have an impact on Goodman's global business. We're delighted with our new appointments and the comprehensive online retail, digital, supply chain and financial skills they bring to complement our Board's existing depth.'

Goodman Limited and Goodman Funds Management Limited

Ms Penny Winn has been appointed as an Independent Director of Goodman Limited and Goodman Funds Management Limited, with effect from 1 February 2018. Ms Winn will also be appointed as a member of the Risk and Compliance Committee and Audit Committee from that date.

Ms Winn is currently the Chair of Port Waratah Coal Services Limited, Non-Executive Director of CSR Limited and Non-Executive Director of Caltex Australia Limited. She has been on the Boards of Quantium Pty Ltd, sass & bide and Greengrocer.com. In addition to her board roles, Ms Winn has over 30 years of experience in retail, supply chain and digital strategy in senior management roles in Australia and overseas, including as Director Group Retail Services with Woolworths Limited (2011-2015) where she was responsible for leading the Logistics and Information Technology divisions, Online Retailing and the Customer Engagement teams across the organisation.

Goodman Logistics (HK) Limited (GLHK)

Mr David Collins has been appointed as an Independent Director of Goodman Logistics (HK) Limited. Mr Collins is a former KPMG partner with substantial accounting and financial experience spanning more than 30 years in the UK and China, and is a Hong Kong resident.

In addition, Mr Danny Peeters currently an Executive Director of Goodman Limited and Goodman Funds Management Limited, has been appointed as an Executive Director of GLHK replacing Mr Greg Goodman who will resign as a director of GLHK (while continuing in his role as Mr Ian Ferrier's alternate).
Committee appointments

In addition to Ms Winn's Committee appointments, Mr Stephen Johns has also been appointed to the Risk and Compliance Committee.

The new directors will stand for re-election at the 2018 Annual General Meeting.

- Ends -

For further information, please contact:

Media
Michelle Chaperon
Head of Group Corporate Communications
Tel: + 612 9230 7400

Investors
James Inwood
Head of Group Stakeholder Relations
Tel: + 612 9230 7400

About Goodman

Goodman Group is an integrated property group with operations throughout Australia, New Zealand, Asia, Europe, the United Kingdom, North America and Brazil. Goodman Group, comprised of the stapled entities Goodman Limited, Goodman Industrial Trust and Goodman Logistics (HK) Limited, is the largest industrial property group listed on the Australian Securities Exchange and one of the largest listed specialist investment managers of industrial property and business space globally.

Goodman's global property expertise, integrated own+develop+manage customer service offering and significant investment management platform ensures it creates innovative property solutions that meet the individual requirements of its customers, while seeking to deliver long- term returns for investors.