Notice of Allotment of Securities

Capital Change Notice

Updated as at June 2023



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 95,963 Ordinary Shares
Nominal value (if any) N/A
Issue/acquisition/redemption price per security Ordinary Shares issued upon the
automatic exercise of zero exercise
price options (“Options”) in
accordance with the Summerset
Share Option Plan Rules and the
terms of the Options. The exercise
price was $0.00.
Nature of the payment (for example, cash or other
consideration)
Cash net settlement
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

0.04004159%
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 Ordinary Shares upon the
automatic exercise of the Options in
accordance with the Summerset
Share Option Plan Rules and the
terms of the Options.
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.
239,754,267 Ordinary Shares
1,345,332 options remain on issue
In the case of an acquisition of shares, whether those
shares are to be held as treasury stock
N/A

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

Specific authority for the issue, acquisition, or redemption,
including a reference to the rule pursuant to which the
issue, acquisition, or redemption is made
Directors’ resolutions in relation to
the issue of the Options and the
issue of Ordinary Shares on
conversion of the Options.
Permitted under Listing Rule 4.6.
Terms or details of the issue, acquisition, or redemption
(for example: restrictions, escrow arrangements)
Issue of 95,963 Ordinary Shares
upon the automatic exercise of
95,963 Options in accordance with
the Summerset Share Option Plan
Rules and the terms of the Options.
The Ordinary Shares issued rank
equally with all other Ordinary
Shares on issue.
Date of issue/acquisition/redemption
2
3 March 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

3 March 2025




2
Continuous issuers using this form in reliance on Rule 3.13.2, please indicate the period during which the relevant
issue/acquisition/redemptions were made (for example, 1 January 2019 to 31 January 2019).