SPH Notice – Chang Ku EE

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
To NZX Limited
and
To Southern Charter Financial Group Limited
Relevant event being disclosed: movement of 1% or more in the substantial holding
Date of relevant event: 11 April 2023
Date this disclosure made: 13 April 2023
Date last disclosure made: 17 December 2018
Substantial product holder(s) giving disclosure
Full name(s): Chang Ku EE
Summary of substantial holding
Class of quoted voting products: Ordinary Shares
Summary for Chang Ku EE
For this disclosure,—
(a) total number held in class: 398,528,343 shares
(b) total in class: 514,894,500
(c) total percentage held in class: 77.40%
For last disclosure,—
(a) total number held in class: 442,809,270 shares
(b) total in class: 514,894,500
(c) total percentage held in class: 86.00%
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure:
In relation to the licencing agreement announced to the market on 15 December
2022, Chang Ku EE agreed to transfer 10% of his holding in Southern Charter
Financial Group Limited to the Inventor. Accordingly, On 11 April 2023, Chang Ku
EE conducted an off-market transfer of 44,280,927 ordinary shares to KYCZ
Limited for a consideration of NZ$1.00.

2
Details after relevant event
Details for Chang Ku EE
Nature of relevant interest(s): Registered holder and beneficial owner of ordinary
shares in Southern Charter Financial Group Limited.
For that relevant interest,—
(a) number held in class: 398,528,343
(b) percentage held in class: 77.40%
(c) current registered holder(s): Chang Ku EE
(d) registered holder(s) once transfers are registered: KYCZ Limited
Additional information
Address(es) of substantial product holder(s): C/- Duncan Cotterill, Level 2, 50
Customhouse Quay, Wellington
Contact details: Matt Yates, Duncan Cotterill, matt.yates@duncancotterill.com, 04
471 9428
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: KYCZ Limited
Disclosure has effect for purposes of directors’ and senior managers’ disclosure
Chang Ku EE is also a Director of Southern Charter Financial Group Limited. This
disclosure also constitutes disclosure for the purposes of the directors’ and senior
managers’ disclosure obligations.
Certification
I, Matthew Wallace Yates, 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.