ASX Appendix 3A.1 – Updated for DRP Strike Price and AUD FX

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Update Summary
Entity name
SUMMERSET GROUP HOLDINGS LIMITED
Security on which the Distribution will be paid
SNZ - ORDINARY FULLY PAID FOREIGN EXEMPT NZX
Announcement Type
Update to previous announcement
Date of this announcement
15/9/2021
Reason for the Update
Strike price for DRP and foreign exchange rate added.
Refer to below for full details of the announcement

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Announcement Details
Part 1 - Entity and announcement details
1.1 Name of +Entity
SUMMERSET GROUP HOLDINGS LIMITED
1.2 Registered Number Type
ARBN
Registration Number
164228399
1.3 ASX issuer code
SNZ
1.4 The announcement is
1.4a Reason for update to a previous announcement
Strike price for DRP and foreign exchange rate added.
1.4b Date of previous announcement(s) to this update
24/8/2021
1.5 Date of this announcement
15/9/2021
1.6 ASX +Security Code
SNZ
ASX +Security Description
ORDINARY FULLY PAID FOREIGN EXEMPT NZX
Part 2A - All dividends/distributions basic details
2A.1 Type of dividend/distribution
2A.2 The Dividend/distribution:
relates to a period of six months
2A.3 The dividend/distribution relates to the financial reporting or payment period ending ended/ending (date)
31/12/2021
2A.4 +Record Date
Ordinary
Update/amendment to previous announcement

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2A.4 +Record Date
7/9/2021
2A.5 Ex Date
6/9/2021
2A.6 Payment Date
20/9/2021
2A.7 Are any of the below approvals required for the dividend/distribution before business day 0 of the timetable?
Security holder approval
Court approval
Lodgement of court order with +ASIC
ACCC approval
FIRB approval
Another approval/condition external to the entity required before business day 0 of the timetable for the
dividend/distribution.
2A.8 Currency in which the dividend/distribution is made ("primary currency")
NZD - New Zealand Dollar
2A.9 Total dividend/distribution payment amount per
+security (in primary currency) for all
dividends/distributions notified in this form
NZD 0.09900000
2A.9a AUD equivalent to total dividend/distribution
amount per +security
AUD 0.09491130
2A.9b If AUD equivalent not known, date for information
to be released
15/9/2021
Estimated or Actual?
2A.9c FX rate (in format AUD 1.00 / primary currency
rate): AUD
AUD 1.00
FX rate (in format AUD rate/primary currency rate)
Primary Currency rate
NZD 1.04307917
2A.10 Does the entity have arrangements relating to the
currency in which the dividend/distribution is paid to
securityholders that it wishes to disclose to the market?
2A.11 Does the entity have a securities plan for
dividends/distributions on this +security?
2A.11a If the +entity has a DRP, is the DRP applicable to
this dividend/distribution?
2A.11a(i) DRP Status in respect of this
dividend/distribution
Full DRP
2A.12 Does the +entity have tax component information
apart from franking?
2A.13 Withholding tax rate applicable to the dividend/distribution (%)
No
Yes
We have a Dividend/Distribution Reinvestment Plan (DRP)
Yes
Estimated
No

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2A.13 Withholding tax rate applicable to the dividend/distribution (%)
15.000000 %
Part 2B - Currency Information
2B.1 Does the entity default to payment in certain currencies dependent upon certain attributes such as the
banking instruction or registered address of the +securityholder? (For example NZD to residents of New Zealand
and/or USD to residents of the U.S.A.).
2B.2 Please provide a description of your currency arrangements
Based on shareholder's residence and/or election made by the shareholder.
2B.2a Other currency/currencies in which the dividend/distribution will be paid:
CurrencyPayment currency equivalent amount per security
AUD - Australian DollarAUD 0.09491130
2B.2b Please provide the exchange rates used for non-primary currency payments
Reserve Bank of New Zealand Daily Exchange Mid-Rate on 7 September 2021, being the day prior to the commencement
of the pricing period for the DRP strike price
2B.2c If payment currency equivalent and exchange
rates not known, date for information to be released
15/9/2021
Estimated or Actual?
2B.3 Can the securityholder choose to receive a currency different to the currency they would receive under the
default arrangements?
Part 3A - Ordinary dividend/distribution
3A.1 Is the ordinary dividend/distribution estimated at
this time?
3A.1a Ordinary dividend/distribution estimated amount
per +security
NZD
3A.1b Ordinary Dividend/distribution amount per
security
NZD 0.09900000
3A.2 Is the ordinary dividend/distribution franked?
3A.3 Percentage of ordinary dividend/distribution that is
franked
0.0000 %
No
No
No
Estimated
Yes

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3A.4 Ordinary dividend/distribution franked amount per
+security
NZD 0.00000000
3A.5 Percentage amount of dividend which is unfranked
100.0000 %
3A.6 Ordinary dividend/distribution unfranked amount
per +security excluding conduit foreign income amount
NZD 0.09900000
Part 3F - NZD declared dividends/distributions - supplementary dividend/distribution
3F.1 Is a supplementary dividend/distribution payable?
Part 4A - +Dividend reinvestment plan (DRP)
4A.1 What is the default option if +security holders do not indicate whether they want to participate in the DRP?
4A.2 Last date and time for lodgement of election
notices to share registry under DRP
Wednesday September 8, 2021 15:30:00
4A.3 DRP discount rate
2.0000 %
4A.4 Period of calculation of reinvestment price
Start Date
8/9/2021
End Date
14/9/2021
4A.5 DRP price calculation methodology
As per clause 7 of the DRP Offer Document dated 22 February 2021
4A.6 DRP Price (including any discount):
NZD 14.75660
4A.7 DRP +securities +issue date
20/9/2021
4A.8 Will DRP +securities be a new issue?4A.8a Do DRP +securities rank pari passu from +issue
date?
4A.9 Is there a minimum dollar amount or number of +securities required for DRP participation?
4A.10 Is there a maximum dollar amount or number of +securities required for DRP participation?
4A.11 Are there any other conditions applying to DRP participation?
No
No
Yes
Yes
Do not participate in DRP (i.e. cash payment)
No

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4A.11 Are there any other conditions applying to DRP participation?
4A.12 Link to a copy of the DRP plan rules
https://www.summerset.co.nz/investor-centre/dividends/
4A.13 Further information about the DRP
N/A
Part 5 - Further information
5.1 Please provide any further information applicable to this dividend/distribution
5.2 Additional information for inclusion in the Announcement Summary
No