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

Appendix 3A.1 - Notification of dividend / distribution
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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
19/3/2024
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
26/2/2024
1.5 Date of this announcement
19/3/2024
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)
31/12/2023
2A.4 +Record Date
11/3/2024
2A.5 Ex Date
8/3/2024
Ordinary
Update/amendment to previous announcement

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2A.6 Payment Date
22/3/2024
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 0.13200000
2A.9a AUD equivalent to total dividend/distribution
amount per +security
AUD 0.12311640
2A.9b If AUD equivalent not known, date for information
to be released
19/3/2024
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 1.07215611
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 (%)
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
No
Yes
We have a Dividend/Distribution Reinvestment Plan (DRP)
Yes
Actual
No

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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 shareholder.
2B.2a Other currency/currencies in which the dividend/distribution will be paid:
CurrencyPayment currency equivalent amount per security
AUD - Australian DollarAUD 0.12311640
2B.2b Please provide the exchange rates used for non-primary currency payments
Reserve Bank of New Zealand Daily Exchange Mid-Rate on 11 March 2024, being the Record Date and the trading day
immediately 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
19/3/2024
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 0.13200000
3A.2 Is the ordinary dividend/distribution franked?
3A.3 Percentage of ordinary dividend/distribution that is
franked
0.0000 %
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 0.13200000
No
No
No
Actual
Yes

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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
Tuesday March 12, 2024 15:30:00
4A.3 DRP discount rate
2.0000 %
4A.4 Period of calculation of reinvestment price
Start Date
12/3/2024
End Date
18/3/2024
4A.5 DRP price calculation methodology
As per clause 7 of the DRP Offer Document date 22 February 2021.
4A.6 DRP Price (including any discount):
NZD 10.72980
4A.7 DRP +securities +issue date
22/3/2024
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?
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
No
No
Yes
Yes
Do not participate in DRP (i.e. cash payment)
NoNo

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