SPH Notice - WRHL, Kade Kings Limited and Brien Cree

1
Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013
To NZX Limited
and
To Radius Residential Care Limited (NZX:RAD) (“Radius Care”)
Date this disclosure made: 22 May 2025
Date last disclosure made: 22 September 2021
Date on which substantial holding ceased: 22 May 2025
Substantial product holder(s) giving disclosure
Full name(s): Wave Rider Holdings Limited (“WRHL”) as trustee of the Wave Rider Trust
Summary of previous substantial holding
Class of quoted voting products: Ordinary shares in Radius Care (“Shares”)
Summary for WRHL
For last disclosure,—
(a) total number held in class: 95,312,500
(b) total in class: 269,243,089
(c) total percentage held in class: 35.400%
For current holding after ceasing to have substantial holding,—
(a) total number held in class: 0
(b) total in class: 284,737,253
(c) total percentage held in class: 0.000%
Details of transactions and events giving rise to ceasing of substantial holding
Details of the transactions or other events requiring disclosure:
On 22 May 2025, WRHL sold 95,312,500 Shares (being all of the Shares held by WRHL) to
Kade Kings Limited for aggregate consideration of $34,312,500.
Additional information
Address(es) of substantial product holder(s): Flat 1, 166 Richmond Road, Grey Lynn,
Auckland 1021
Contact details: Tony Steindle, tony@contessa.co.nz, 09 2002930
Name of any other person believed to have given, or believed to be required to give, a
disclosure under the Financial Markets Conduct Act 2013 in relation to the financial
products to which this disclosure relates: Kade Kings Limited and Brien Herbert Cree.

2
Certification
I, Anthony Charles Reginald Steindle, certify that, to the best of my knowledge and belief,
the information contained in this disclosure is correct and that I am duly authorised to
make this disclosure by all persons for whom it is made.

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1
Disclosure of beginning to have substantial holding
Section 276, Financial Markets Conduct Act 2013
To NZX Limited
and
To Radius Residential Care Limited (NZX:RAD) (“Radius Care”)
Date this disclosure made: 22 May 2025
Date on which substantial holding began: 22 May 2025
Substantial product holder(s) giving disclosure
Full name(s):
Kade Kings Limited
Summary of substantial holding
Class of quoted voting products: Ordinary shares in Radius Care (“Shares”)
Summary for Kade Kings Limited
For this disclosure,—
(a) total number held in class: 95,312,500
(b) total in class: 284,737,253
(c) total percentage held in class: 33.474%
Details of relevant interests
Details for Kade Kings Limited
Nature of relevant interest(s):
Registered holder and beneficial owner of Shares
For that relevant interest,—
(a) number held in class: 95,312,500
(b) percentage held in class: 33.474%
(c) current registered holder(s): Wave Rider Holdings Limited (“WRHL”) as trustee of
the Wave Rider Trust
(d) registered holder(s) once transfers are registered: Kade Kings Limited
Details of transactions and events giving rise to substantial holding
Details of the transactions or other events requiring disclosure:
On 22 May 2025, WRHL sold 95,312,500 Shares (being all of the Shares held by WRHL) to
Kade Kings Limited for aggregate consideration of $34,312,500.

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Additional information
Address(es) of substantial product holder(s): Flat 1, 166 Richmond Road, Grey Lynn,
Auckland 1021
Contact details: Tony Steindle, tony@contessa.co.nz, 09 2002930
Nature of connection between substantial product holders: Not applicable.
Name of any other person believed to have given, or believed to be required to give, a
disclosure under the Financial Markets Conduct Act 2013 in relation to the financial
products to which this disclosure relates: Wave Rider Holdings Limited as trustee of the
Wave Rider Trust, and Brien Herbert Cree.
Certification
I, Anthony Charles Reginald Steindle, certify that, to the best of my knowledge and belief,
the information contained in this disclosure is correct and that I am duly authorised to
make this disclosure by all persons for whom it is made.

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1
Disclosure of movement of 1% or more in substantial holding
or change in nature of relevant interest, or both
Sections 277 and 278, Financial Markets Conduct Act 2013
To NZX Limited
and
To Radius Residential Care Limited (NZX:RAD) (“Radius Care”)
Relevant event being disclosed: Change in nature of relevant interest
Date of relevant event: 22 May 2025
Date this disclosure made: 22 May 2025
Date last disclosure made: 22 September 2021
Substantial product holder(s) giving disclosure
Full name(s): Brien Herbert Cree
Summary of substantial holding
Class of quoted voting products: Ordinary shares in Radius Care (“Shares”)
Summary for Brien Herbert Cree
For this disclosure,—
(a) total number held in class: 95,312,500
(b) total in class: 284,737,253
(c) total percentage held in class: 33.474%
For last disclosure,—
(a) total number held in class: 95,312,500
(b) total in class: 269,243,089
(c) total percentage held in class: 35.400%
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure:
On 22 May 2025, Wave Rider Holdings Limited as trustee of the Wave Rider Trust
(“WRHL”) sold 95,312,500 Shares (being all of the Shares held by WRHL) to Kade Kings
Limited for aggregate consideration of $34,312,500.
Mr Cree had a relevant interest in the Shares held by WRHL, because Mr Cree had
(indirectly) the power to exercise control of the right to vote attached to, and the power to
control the disposal of, the Shares held by WRHL (sections 235(1)(c) and (d) of the
Financial Markets Conduct Act 2013). Mr Cree had these powers through his right to
appoint and remove the trustees of the Wave Rider Trust.

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Following the sale of the 95,312,500 Shares by WRHL to Kade Kings Limited on 22 May
2025, Mr Cree now holds a relevant interest in those Shares in the nature described below.
Details after relevant event
Details for Brien Herbert Cree
Nature of relevant interest(s):
Mr Cree has a relevant interest in the Shares held by Kade Kings Limited, because Mr Cree
has the power to exercise control of the right to vote attached to, and (indirectly) the
power to control the disposal of, the Shares held by Kade Kings Limited (sections 235(1)(c)
and (d) of the Financial Markets Conduct Act 2013).
Mr Cree has these powers through his sole directorship of Kade Kings Limited and his
power to control the appointment and removal of trustees to The Providence Trust, which
holds all of the shares in Kade Kings Limited through a bare trustee.
The power to dispose of the Shares held by Kade Kings Limited is held by the director/s
and shareholder/s of Kade Kings Limited, given an decision of the board of directors of
Kade Kings Limited to dispose of the Shares held by Kade Kings Limited would also require
the approval of the shareholder/s of Kade Kings Limited as a major transaction under
section 129 of the Companies Act.
All of the shares in Kade Kings Limited are held by Richmond Road Trustees Limited
(“RRTL”), which holds them on bare trust for The Providence Trust pursuant to a Deed of
Declaration of Trust between The Providence Trustees Limited as trustee of The Providence
Trust (“TPTL”) and RRTL dated 25 February 2025 (“Deed of Declaration of Trust”). A
copy of the Deed of Declaration of Trust is attached to this notice (5 pages). Under the
Deed of Declaration of Trust, RRTL as bare trustee holds the Kade Kings Limited shares in
trust for TPTL and will act on TPTL’s instructions relating to the exercise of all rights and
privileges by RRTL as holder of the Kade Kings Limited shares. Under the trust deed of The
Providence Trust dated 11 August 2014 (“TPT Deed”) and a side deed poll of the same
date entered into by TPTL as trustee of The Providence Trust (“TPT Side Deed”) the
trustee of The Providence Trust has the power of appointment of trustees and has agreed
to only exercise that power on written demand by Mr Cree. Copies of the TPT Deed and
TPT Side Deed are attached to this notice (12 pages and 3 pages).
For that relevant interest,—
(a) number held in class: 95,312,500
(b) percentage held in class: 33.474%
(c) current registered holder(s): Wave Rider Holdings Limited as trustee of the Wave
Rider Trust
(d) registered holder(s) once transfers are registered: Kade Kings Limited
Additional information
Address(es) of substantial product holder(s): Flat 1, 166 Richmond Road, Grey Lynn,
Auckland 1021
Contact details: Tony Steindle, tony@contessa.co.nz, 09 2002930

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Name of any other person believed to have given, or believed to be required to give, a
disclosure under the Financial Markets Conduct Act 2013 in relation to the financial
products to which this disclosure relates: Wave Rider Holdings Limited as trustee of the
Wave Rider Trust and Kade Kings Limited.
Disclosure has effect for purposes of directors’ and senior managers’ disclosure
Brien Herbert Cree is also a director of Radius Care. This disclosure also constitutes
disclosure for the purposes of the directors’ and senior managers’ disclosure obligations.
Certification
I, Anthony Charles Reginald Steindle, certify that, to the best of my knowledge and belief,
the information contained in this disclosure is correct and that I am duly authorised to
make this disclosure by all persons for whom it is made.