Notice of Allotment of Fixed Rate Bonds

Capital Change Notice

Updated as at February 2025


Section 1: Issuer information
Name of issuer Summerset Group Holdings Limited
NZX ticker code SUM060
Class of financial product Guaranteed, secured, unsubordinated
fixed rate bonds
ISIN (If unknown, check on NZX website) NZSUMD0060L3
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 150,000,000
Nominal value (if any) $1.00 per bond
Issue/acquisition/redemption price per security $1.00 per bond
Nature of the payment (for example, cash or other
consideration)
Cash
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

100% of the SUM060 bonds
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)
Allotment under the Final Terms Sheet
dated 15 May 2025
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.
150,000,000 (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 resolutions dated 9 April 2025

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

Terms or details of the issue, acquisition, or
redemption (for example: restrictions, escrow
arrangements)
As set out in the Supplemental Trust Deed
dated 12 May 2025 and the Final Terms
Sheet dated 15 May 2025
Date of issue/acquisition/redemption
2
23/05/2025
Section 4: Authority for this announcement and contact person
Name of person

authorised to make this
announcement
Margaret Warrington
Contact person for this announcement Margaret Warrington
Contact phone number +64 4 894 7320
Contact email address investor.relations@summerset.co.nz
Date of release through MAP

23/05/25




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).