Ongoing Disclosure Notice (Scott Scoullar)

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
Summerset Group Holdings Limited
Date this disclosure made:
7 September 2023
Date of last disclosure:
24 July 2023
Director or senior manager giving disclosure
Full name(s):
Scott Grady Scoullar
Name of listed issuer:
Summerset Group Holdings Limited
Name of related body corporate (if applicable):
N/A
Position held in listed issuer:
CEO
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Summerset Group Holdings Limited ordinary shares (NZX Code:
SUM)
Nature of the affected relevant interest(s):
Registered and/or beneficial ownership of ordinary shares and
share options
For that relevant interest-
Number held in class before acquisition or disposal:
(1) Beneficial ownership of 375 ordinary shares pursuant to a
widely held exempt employee share plan under which the
shares have not yet vested
(2) Registered and beneficial ownership of 207,043 options to
subscribe for ordinary shares pursuant to a share option plan
under which the options have vested and become exercisable
(3) Registered holder and beneficial ownership of 430,966
ordinary shares
Number held in class after acquisition or disposal:
(1) Beneficial ownership of 268 ordinary shares pursuant to a
widely held exempt employee share plan under which the
shares have not yet vested
(2) Registered and beneficial ownership of 84,927 options to
subscribe for ordinary shares pursuant to a share option plan
under which the options have vested and become exercisable
(3) Registered holder and beneficial ownership of 457,291
ordinary shares
Current registered holder(s):
(1) Summerset LTI Trustee Limited
(2) Scott Grady Scoullar
(3) Scott Grady Scoullar
Registered holder(s) once transfers are registered:
As above
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
N/A
Class of underlying financial products:
N/A
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of underlying
financial products (if any):
N/A
A statement as to whether the derivative is cash settled or physically settled:
N/A
Maturity date of the derivative (if any):
N/A
Expiry date of the derivative(if any):
N/A
The price specified in the terms of the derivative (if any):
N/A
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
N/A
For that derivative,-
Parties to the derivative:
N/A
If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:
N/A
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates: Three

Details of transactions requiring disclosure-
Date of transaction:
(1) 17 August 2023
(2) 31 August 2023
(3) 1 September 2023
Nature of transaction:
(1) Vesting of 107 ordinary shares pursuant to a widely held
exempt employee share plan and transfer of those vested
shares from Summerset LTI Trustee Limited to personal name
(2) Exercise of 122,116 vested options and issue of 43,113
ordinary shares on a net settled basis in accordance with
Summerset's share option plan
(3) Sale of 16,895 shares issued under Summerset's share
option plan to fund tax liability
Name of any other party or parties to the transaction (if known):N/A
The consideration, expressed in New Zealand dollars, paid or received for the
acquisition or disposal. If the consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:
(1) N/A - vesting and transfer of vested shares
(2) 60,694 options with an exercise price of $5.837 and 61,422
options with an exercise price of $7.208
(3) $169,623.70
Number of financial products to which the transaction related:
(1) 107 shares
(2) 122,116 options
(3) 16,895 shares
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:
(1) Yes - however the closed period under the policy does not
apply where there is no change in beneficial ownership
(2) No
(3) No
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
N/A
Date of the prior written clearance (if any):
N/A
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:
Summerset Group Holdings Limited ordinary shares (NZX Code:
SUM) and fixed rate bonds (NZX Codes: SUM020 and SUM030)
Nature of relevant interest:
Registered and/or beneficial ownership of options to acquire
ordinary shares, and the power to acquire or dispose of, or to
control the acquisition or disposal of, ordinary shares or fixed
rate bonds (as detailed below)
For that relevant interest,-
Number held in class:
(1) Registered and beneficial ownership of 104,434 options to
subscribe for ordinary shares pursuant to a share option plan
under which the options have not yet vested and become
exercisable
(2) Power to acquire or dispose of, or to control the acquisition or
disposal of, 40,000 SUM020 fixed rate bonds
(3) Power to acquire or dispose of, or to control the acquisition or
disposal of, 40,000 SUM030 fixed rate bonds
(4) Power to acquire or dispose of, or to control the acquisition or
disposal of, 12,268 ordinary shares
Current registered holder(s):(1) Scott Grady Scoullar
(2) Donald Lisle Scoullar
(3) Donald Lisle Scoullar
(4) Donald Lisle Scoullar
For a derivative relevant interest,-
Type of derivative:N/A
Details of derivative,-
The notional value of the derivative (if any) or the notional amount of underlying
financial products (if any):
N/A
A statement as to whether the derivative is cash settled or physically settled:
N/A
Maturity date of the derivative (if any):
N/A
Expiry date of the derivative (if any):
N/A
The price's specified terms (if any):
N/A
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
N/A
For that derivative relevant interest,- N/A
Parties to the derivative:
N/A
If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:
N/A
Certification
I, 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.

Signature of director or officer:
Date of signature:
7 September 2023
or
Signature of person authorised to sign on behalf of director or officer:
N/A
Date of signature:N/A
Name and title of authorised person:
N/A