SPH Notice – Li Wang

100080615/3821103.1
Disclosure of movement of 1% or more in substantial holding
or change in nature of relevant interest, or both
Sections 277 and 278, Financial Markets Conduct Act 2013
Note: This form must be completed in accordance with the instructions at the end of the
form.
To NZX Limited
and
To Comvita Limited
Relevant event being disclosed: Change in nature of relevant interest from Beneficial
owner of 2,264,000 ordinary shares issued by Comvita Limited to Custodial Services
Limited to Registered owner.
Date of relevant event: 24 August 2018
Date this disclosure made: 29 August 2018
Date last disclosure made: 3 July 2017
Substantial product holder(s) giving disclosure
Full name(s): Li Wang
Summary of substantial holding
Class of quoted voting products: Ordinary shares (CVT)
Summary for Li Wang
For this disclosure,—
(a) total number held in class: 5,112,736
(b) total in class: 45,571,829
(c) total percentage held in class: 11.22%
For last disclosure,—
(a) total number held in class: Direct holding of 2,848,736 shares and beneficial holding
of 2,264,000 shares held in escrow with Custodial Services Limited, resulting in a total
relevant interest in 5,112,736 shares.
(b) total in class: 45,289,642
(c) total percentage held in class: 11.29%
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure: On 3 July 2017 Comvita
Limited issued 2,264,000 shares to Li Wang in consideration for Li Wang, together with Li
Sun, procuring the issue of fully paid ordinary shares in Comvita Food (China) Limited,

100080615/3821103.1
representing a 51% shareholding in Comvita Food (China) Limited. The consideration has
a cash value of $10.60 per share. The 2,264,000 shares were issued to Custodial Services
Limited to be held in escrow for the benefit of Li Wang pending completion of certain
transactions pursuant to the terms of an Escrow Deed dated 1 July 2017. These shares
have now been released from escrow, so the nature of the relevant interest has changed
from a beneficial holding to a registered holding.
No agreement need be attached to this notice as a result of regulation 141 of the Financial
Markets Conduct Regulations.

Details after relevant event
Details for Li Wang
Nature of relevant interest(s): registered holder of shares
For that relevant interest,—
(a) number held in class: 5,112,736
(b) percentage held in class: 11.22%
(c) current registered holder(s): Li Wang
(d) registered holder(s) once transfers are registered: Li Wang
For a derivative relevant interest, also—
(a) type of derivative: Not applicable
(b) details of derivative: Not applicable
(c) parties to the derivative: Not applicable
(d) if the substantial product holder is not a party to the derivative, the nature of the
relevant interest in the derivative: Not applicable
Additional information
Address(es) of substantial product holder(s): Flat 1, 11 Rangiatea Road, Epsom, Auckland,
1023, New Zealand
Contact details: Li Wang, Laurel.wl@hotmail.com
Name of any other person believed to have given, or believed to be required to give, a
disclosure under the Financial Markets Conduct Act 2013 in relation to the financial
products to which this disclosure relates: Not applicable
Certification
I, Li Wang, certify that to the best of my knowledge and belief, the information contained
in this disclosure is correct and that I am duly authorised to make this disclosure by all
persons for whom it is made.