Notice of Allotment of Fixed Rate Bonds

Capital Change Notice




Section 1: Issuer information
Name of issuer Summerset Group Holdings
Limited
NZX ticker code SUM050
Class of financial product Guaranteed, secured,
unsubordinated fixed rate bonds
ISIN (If unknown, check on NZX website) NZSUMD0050L4.
Currency NZD
Section 2: Capital change details
Number issued 125,000,000
Nominal value (if any) $1.00 per bond
Issue price per security $1.00 per bond
Nature of the payment (for example, cash or other
consideration)
Cash
Amount paid up (if not in full) Fully paid
Percentage of total class of Financial Products issued
(calculated on the number of Financial Products of the
Class, excluding any Treasury Stock, in existence)
1

100% of the SUM050 bonds
For an issue of Convertible Financial Products or Options,
the principal terms of Conversion (for example the
Conversion price and Conversion date and the ranking of
the Financial Product in relation to other Classes of
Financial Product) or the Option (for example, the exercise
price and exercise date)
N/A
Reason for issue and specific authority for issue (the reason
for change must be identified here)
Allotment under the Final Terms
Sheet dated 1 March 2024
Total number of Financial Products of the Class after the
issue (excluding Treasury Stock) and the total number of
Financial Products of the Class held as Treasury Stock after
the issue.
125,000,000 (nil held as treasury
stock)
In the case of an acquisition of shares, whether those
shares are to be held as treasury stock
N/A
Specific authority for the issue, including a reference to the
rule pursuant to which the issue is made
Board resolutions dated 23
February 2024
Terms or details of the issue (for example: restrictions,
escrow arrangements)
As set out in the Supplemental
Trust Deed dated 27 February
2024 and the Final Terms Sheet
dated 1 March 2024
Date of issue 8/03/2024

1
The percentage is to be calculated immediately before the issue, acquisition, redemption or Conversion.

Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement Robyn Heyman
Contact person for this announcement Robyn Heyman
Contact phone number 027 506 5562
Contact email address robyn.heyman@summerset.co.nz
Date of release through MAP

8/03/2024