SPH Notice – Stephen Copulos

Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013
To NZX Limited
and
To Restaurant Brands New Zealand Limited (“Restaurant Brands”)
Date this disclosure made: 3 April 2019
Date last disclosure made: 14 December 2018
Date on which substantial holding ceased: 1 April 2019
Substantial product holder giving disclosure
Full name: Stephen Copulos
Summary of previous substantial holding
Class of quoted voting products: Fully paid ordinary shares in Restaurant
Brands (ISIN: NZRBDE0001S1) (“Shares”)
Summary for Stephen Copulos
For last disclosure,—
(a) total number held in class: 10,630,819
(b) total in class: 124,758,523
(c) total percentage held in class: 8.521%
For current holding after ceasing to have substantial holding,—
(a) total number held in class: 1,972,744
(b) total in class: 124,758,523
(c) total percentage held in class: 1.581%
Details of transactions and events giving rise to ceasing of substantial holding
Details of the transactions or other events requiring disclosure: On 10 December 2018,
Global Valar, S.L. made a partial takeover offer under the Takeovers Code for up to 75% of
the Shares at NZ$9.45 per Share (“Offer”). On 14 December 2018, Stephen Copulos
procured the acceptance of the Offer by his associated companies Eyeon QSR Pty Ltd,
Eyeon No 2 Pty Ltd, Copulos Superannuation Pty Ltd, PC Nab Pty Ltd, Eyeon Investments
Pty Ltd and Copulos Foundation Pty Ltd (together, the “Copulos Interests”) for all of their
Shares, in accordance with the Lock-in Deed, a copy of which was attached to Stephen
Copulos’ substantial product holder notice dated 26 November 2018. The Offer was
completed on 1 April 2019 and, after scaling, the Copulos Interests sold 8,658,075 Shares
to Global Valar, S.L. under the Offer for $9.45 per Share.
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Additional information
Address of substantial product holder: Suite 3, 461 Wyndham Street, Shepparton, Victoria
3630, Australia
Contact details: Phone: +61 3 5822 8800 | Email: admin@copgroup.com.au
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: Global Valar, S.L.
Disclosure has effect for purposes of directors’ and senior managers’ disclosure
Stephen Copulos is also a director of Restaurant Brands. This disclosure also constitutes
disclosure for the purposes of the directors’ and senior managers’ disclosure obligations.
Certification
I, Stephen Copulos, 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.

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