SIGNED LEASE to John Holland Queensland Pty Ltd dated 1 June 2026 with plan

Docusign Envelope ID: ASBADEEF-A04C-49A2-9666-03AB9F 131037

QUEENSLAND TITLES REGISTRY FORM 20 version 2
Land Title Act 1994, Land Act 1994 SCHEDULE P 16 of 46
and Water Act 2000 age 16 o'

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Title Reference 50250532

(iii) If the Tenant does not dispute the Market Rent Amount strictly in accordance with clause
3.4(a), the Rent on and from the Review Date will be the Market Rent Amount.

(c) If the Landlord does not elect to vary the Rent in accordance with clause 3.3(a), the Rent payable
from the Review Date remains unchanged.

3.4 Tenant's dispute of Market Rent Amount

(a) The Tenant may within 14 days after a Market Rent Notice is given, give a Dispute Notice to the
Landlord.

(b) If the Tenant gives a Dispute Notice the parties must attempt to agree on the current market rent
for the Premises. If the parties cannot reach agreement within 7 days after the Tenant gives a
Dispute Notice, the current market rent for the Premises will be determined by a Valuer under
clause 3.4(c).

(c) Where the current market rent for the Premises is to be determined by a Valuer, the following
applies:

(i) The Landlord will appoint the Valuer.
(ii) The Valuer must be instructed to:

(A) determine the current market rent for the Premises as at the relevant Review Date
in accordance with the Valuation Principles; and

(B) make a written determination of the current market rent containing reasons within
45 days after appointment.

(iii) The Valuer may:

(A) ask the Landlord and Tenant for information within their knowledge, possession or
control which the Valuer considers relevant to the determination;

(B) have regard to written submissions from the Landlord and Tenant about current
market rent for the Premises; and

(C) specify reasonable times frames for the parties to provide the information and
submissions referred to in this clause 3.4(c)(iii).

(iv) For the purposes of 3.4(c)(iii)(B), the Landlord and Tenant may each make:
(A) one written submission to the Valuer; and
(B) one further submission responding to issues raised in the other party's submission,
but no more unless permitted by the Valuer.

(v) The Valuer’s determination is final and binding on the Landlord and the Tenant, except in
the case of manifest error.

(vi) | The Valuer may correct his or her determination where the determination contains:
(A) a typographical error;

(B) an accidental omission;

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