ARENA REIT. DISCLOSUREInsider Transactions (Form 3/4/5)

Change of Director's Interest Notice - Bailey

Appendix 3Y Change of Director’s Interest Notice + See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 1 Rule 3.19A.2 Appendix 3Y Change of Director’s Interest Notice Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public. Introduced 30/09/01 Amended 01/01/11 Name of entity Arena REIT (comprising Arena REIT Limited, Arena REIT No. 1 and Arena REIT No. 2) ABN Arena REIT Limited ABN 89 602 365 186 Arena REIT No. 1 ARSN 106 891 641 Arena REIT No. 2 ARSN 101 067 878 We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act. Name of Director Justin Bailey Date of last notice 28 August 2026 Part 1 - Change of director’s relevant interests in securities In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part. Direct or indirect interest Direct and indirect Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest. Securities held by JP Morgan Nominees Australia Limited, as custodian for AustralianSuper Pty Ltd as trustee of AustralianSuper - Member direct investment, for which Mr Bailey is the beneficiary Date of change 28 August 2026 No. of securities held prior to change Direct interest 77,353 Ordinary stapled securities 274,804 LTI performance rights 49,231 Deferred STI rights Indirect interest 82,819 Ordinary stapled securities Class Ordinary stapled securities Number acquired 26,596 Ordinary stapled securities Number disposed Nil Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation $61,160.61 For personal use only Appendix 3Y Change of Director’s Interest Notice + See chapter 19 for defined terms. Appendix 3Y Page 2 01/01/2011 No. of securities held after change Direct Interest: 103,949 Ordinary stapled securities 274,804 LTI performance rights 49,231