Summerset Director Anne Urlwin Announces Retirement

Summerset Group Holdings Limited
Level 27 Majestic Centre, 100 Willis St, Wellington
PO Box 5187, Wellington 6140
Phone: 04 894 7320 | Fax: 04 894 7319
Website: www.summerset.co.nz


NZX & ASX RELEASE
6 December 2022

Summerset Director Anne Urlwin Announces Retirement
Summerset Director Anne Urlwin has announced her retirement from the Board from 28
February 2023.
Mrs Urlwin has been a director of Summerset since 1 March 2014 and has chaired the
company’s Audit Committee since April of this year.
Summerset Board Chair Mark Verbiest said Anne has made a significant contribution to
Summerset during her time on the board.
“On behalf of the Board I’d like to thank Anne for the experience and leadership she has
provided in the, almost, nine years she has been with us. During Anne’s time on the
Board Summerset has grown to be the second largest retirement village in New Zealand
going from 18 to 36 villages, while more than doubling resident numbers, and we’ve
moved into Australia.”
“Throughout Anne’s tenor she has been actively involved in a large range of activities
including governance over Summerset retail bond issuances, valuable guidance to
management in our Development and Construction Committee, and most recently Chair
of our Audit Committee.
“We’re sorry to see Anne leave the board but we appreciate that she is taking on a new
board position with Infratil and she wishes to manage both her workload and any
potential conflicts that may come with her new role.”
Mrs Urlwin’s retirement will take effect on 28 February 2023, following the
announcement of Summerset’s F22 financial results announcement on 24 February
2023.
The Summerset Board will begin the process immediately to find a new Board member
and Anne’s replacement as Chair of the Audit Committee will be announced in due
course.
ENDS



For investor relations enquiries: For media enquiries:
Will Wright Louise McDonald
Chief Financial Officer Senior Communications & Media Advisor
will.wright@summerset.co.nz louise.mcdonald@summerset.co.nz
021 490 251 021 246 3793

ABOUT SUMMERSET

• Summerset is one of the leading operators and developers of retirement villages in New
Zealand, with 36 villages completed or in development nationwide. In addition,
Summerset has seven proposed sites at Half Moon Bay (Auckland), Milldale (Auckland),
Parnell (Auckland), Rotorua (Bay of Plenty), Kelvin Grove (Palmerston North), Masterton
(Wairarapa), and Rangiora (Canterbury)

• Summerset also has seven properties in Victoria, Australia (Chirnside Park, Craigieburn,
Cranbourne North, Drysdale, Mernda, Oakleigh South and Torquay) bringing the total
number of sites to 50

• Summerset provides a range of living options and care services to more than 7,100
residents.