Notice of Allotment of Securities

Summerset Group Holdings Limited
Capital Change Notice


Section 1: Issuer information
Name of issuer Summerset Group Holdings Limited
NZX ticker code SUM
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) NZSUME0001S0
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 2,778,608 Ordinary Shares
(Consideration Shares)
Nominal value (if any) N/A
Issue/acquisition/redemption price per security NZ$12.596234 (being the volume
weighted average price of shares
on the NZX Main Board over the 5
trading days ending on 3 February
2025 (less a 2% discount))
Nature of the payment (for example, cash or other
consideration)
Cash (offset by and against
amounts owed to the holder)
Amount paid up (if not in full) Fully paid
Percentage of total class of Financial Products
issued/acquired/redeemed/ (calculated on the number of
Financial Products of the Class, excluding any Treasury
Stock, in existence)
1.17300387%
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/acquisition/redemption and specific
authority for issue/acquisition/redemption/ (the reason for
change must be identified here)
Issue of shares in connection with a
transaction involving the acquisition
of land in Belmont, Auckland by
SUM's wholly owned subsidiary
Summerset Villages (Number 49)
Limited (as nominee of Welhom
Developments Limited) as further
described in the announcement to
the market on 5 December 2024
(Transaction).
Total number of Financial Products of the Class after the
issue/acquisition/redemption/Conversion (excluding
Treasury Stock) and the total number of Financial
Products of the Class held as Treasury Stock after the
issue/acquisition/redemption.
239,658,304

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, acquisition, or redemption,
including a reference to the rule pursuant to which the
issue, acquisition, or redemption is made
Board resolution dated 4 December
2024 for an issue under NZX Listing
Rule 4.5.1
Terms or details of the issue, acquisition, or redemption
(for example: restrictions, escrow arrangements)
The Consideration Shares are fully
paid Ordinary Shares ranking
equally with existing fully paid
Ordinary Shares, subject to
restrictions on disposal arising
under the terms of the Transaction
(including voluntary escrow
arrangements).
Date of issue/acquisition/redemption 07/02/2025
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement Stephanie Muller
Contact person for this announcement Stephanie Muller
Contact phone number +64 27 215 6552
Contact email address stephanie.muller@summerset.co.nz
Date of release through MAP

07/02/2025