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 SCHEDULE FORM 20 Version 2

Land Title Act 1994, Land Act 1994

and Water Act 2000

-

(vii)

(viii)

(ix)

Page 17 of 46

5

Title Reference 50250532
(C) a mistake in the description of a person or thing; or
(D) | amathematical miscalculation.
The Landlord and the Tenant must each:
(A) comply with any request of the Valuer under clause 3.4(c)(iii);
(B) provide copies of anything supplied to the Valuer to each other; and
(C) cooperate with the Valuer and each other in the conduct of the determination.
The Valuer will act as an expert and not an arbitrator.

The Costs of the Valuer's determination will be paid equally by the Landlord and Tenant.

The Valuation Principles for the purposes of clause 3.4(c)(ii)(A) are as follows:

(i)

disregard:
(A) the value of any goodwill of the Tenant's Business;
(B) the value of the Tenant's Fittings;

(C) any impaired condition of the Premises if that condition results from any thing done
or not done by the Tenant or from any breach of this Lease by the Tenant;

(D) any sublease or other sub-tenancy agreement or occupancy arrangement in
respect of any part of the Premises and any rental, fees or money payable under
any of them; and

(E) all rent-free periods, financial contributions, allowances or inducements, whether
in cash or kind, or other concession given to the Tenant under this Lease or tenants
at comparable premises;

have regard to:
(A) the rates of rent payable for comparable premises in comparable locations; and

(B) any car parking spaces or licenced areas provided to the Tenant if no licence fee,
or a licence fee below market rate, is payable in relation to them;

consider the Premises as available for use for the highest and best use for which the
Premises may be lawfully used;

assume that all covenants on the part of the Tenant and the Landlord in this Lease have
been fully performed and observed on time;

if the Premises have been damaged, destroyed or rendered inaccessible in whole or part,
assume that they have been reinstated and made accessible; and

consider all other factors a prudent valuer would consider in determining current market
rent.

194497:3474-5111-9945_v1