Response to FMA proceedings

Heartland Group Holdings Limited | NZX/ASX: HGH | PO Box 9919, Newmarket, Auckland 1149 | heartlandgroup.info

NZX/ASX release
17 September 2024

Response to FMA proceedings

Heartland Group Holdings Limited (Heartland) (NZX/ASX: HGH) notes that the Financial Markets
Authority (FMA) has filed proceedings against a former junior Heartland Bank Limited (Heartland
Bank) employee relating to alleged insider trading in shares in Heartland. The individual has today
appeared in the Auckland District Court. The matters relate to alleged events in 2020 and 2021.

Heartland and Heartland Bank are not parties to the FMA proceedings and have cooperated with the
FMA during its investigation.

Heartland Chair, Greg Tomlinson and Heartland Chief Executive Officer, Jeff Greenslade said
Heartland is supportive of the FMA’s commitment to fair and transparent capital markets. “We take
our responsibilities as a listed company very seriously. That includes having policies and procedures
in place to ensure Directors and employees at all levels understand their obligations under insider
trading laws.”

As the matter is before the courts, Heartland will be making no further comment on the FMA’s
proceedings. A copy of the FMA announcement is available at www.fma.govt.nz/news/all-
releases/media-releases. Questions on this matter should be addressed to the FMA.

– ENDS –

The person who authorised this announcement:
Jeff Greenslade
Chief Executive Officer

For questions on this matter, please contact:
media.fma@fma.govt.nz

Heartland investor relations:
shareholders@heartland.co.nz
Level 3, Heartland House, 35 Teed Street, Newmarket, Auckland, New Zealand