New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Equity Bottom-Up

<ul><li>Northbrook — moving from concept to reality: The highlight of the investor day was the Northbrook Wynyard sale suite which showcased the high end positioning of the offer.</li><li>Residential — Sunfield progressing: WIN's 200ha Sunfield project remains on a duel track with development planning of the 50ha area zoned future urban being undertaken alongside efforts to get the full site rezoned.</li><li>Guidance revised to low end of range: Delays at Lakeside resulted in WIN lowering its FY23 guidance to the bottom of its NZ$72.4m–$82.4m range.</li></ul>

Northbrook — moving from concept to reality: The highlight of the investor day was the Northbrook Wynyard sale suite which showcased the high end positioning of the offer.Residential — Sunfield progressing: WIN's 200ha Sunfield project remains on a duel track with development planning of the 50ha area zoned future urban being undertaken alongside efforts to get the full site rezoned.Guidance revised to low end of range: Delays at Lakeside resulted in WIN lowering its FY23 guidance to the bottom of its NZ$72.4m–$82.4m range.

Winton Land Ltd

Winton Land: Unveiling Northbrook