Ongoing Disclosure - Blair Turnbull

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
Tower Limited (NZX: TWR)
Date this disclosure made:
Date of last disclosure:
23/05/2025
Director or senior manager giving disclosure
Full name(s):
Blair McLaren Turnbull
Name of listed issuer:
Tower Limited
Name of related body corporate (if applicable):
N/A
Position held in listed issuer:
Former Chief Executive Officer
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Or d in ar y Sh ar es
Nature of the affected relevant interest(s):
(1) Reg ist er ed h o ld er an d
b en ef icial o w n er
(2) Ben ef icial Ow n er
For that relevant interest-
Number held in class before acquisition or disposal:
953,051/ 3,193
Number held in class after acquisition or disposal:
819,051/3,193
Current registered holder(s):
(1) Blair McLar en Tu r n b u ll
(2) Sh ar esies No m in ee Lim it ed
o n b eh alf o f Blair Tu r n b u ll
Registered holder(s) once transfers are registered:
N/A
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
N/A
Class of underlying financial products:
N/A
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of underlying
financial products (if any):N/A
A statement as to whether the derivative is cash settled or physically settled:
N/A
Maturity date of the derivative (if any):
N/A
Expiry date of the derivative(if any):
N/A
The price specified in the terms of the derivative (if any):
N/A
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
N/A
For that derivative,-
Parties to the derivative:
N/A
If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:
N/A
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates: 14

Details of transactions requiring disclosure-
Date of transaction:8/07/2025
Nature of transaction: Sale
Name of any other party or parties to the transaction (if known):Unknown, on-market trades
The consideration, expressed in New Zealand dollars, paid or received for the
acquisition or disposal. If the consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:
Total consideration of $211,824.48.
See attached sheet for details of
each transaction.
Number of financial products to which the transaction related:
Total number of shares sold 134,000.
See attached sheet for details of
transaction.
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:No.
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
N/A
Date of the prior written clearance (if any):
N/A
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:
N/A
Nature of relevant interest:
N/A
For that relevant interest,-
Number held in class:
N/A
Current registered holder(s):
N/A
For a derivative relevant interest,-
Type of derivative:N/A
Details of derivative,-
The notional value of the derivative (if any) or the notional amount of underlying
financial products (if any):
N/A
A statement as to whether the derivative is cash settled or physically settled:N/A
Maturity date of the derivative (if any):N/A
Expiry date of the derivative (if any):N/A
The price's specified terms (if any):N/A
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
N/A
For that derivative relevant interest,-
N/A
Parties to the derivative: N/A
If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:
N/A
Certification
I, 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.
Signature of director or officer:
Date of signature:9-Jul-25
or
Signature of person authorised to sign on behalf of director or officer:

Date of signature:
Name and title of authorised person:

Sales of shares in Tower Limited by Blair Turnbull, Former CEO, as registered holder and beneficial
owner

Sale Date Other
Party/Purchaser
Number of
Ordinary Shares
sold
Consideration per
share sold ($NZ)
Total
Consideration
(NZ$)
08 July 2025 Unknown 15,000 1.5900 23,802.30
08 July 2025 Unknown 6,500 1.5850 10,281.89
08 July 2025 Unknown 3,750 1.5850 5,931.87
08 July 2025 Unknown 6,329 1.5850 10,011.40
08 July 2025 Unknown 19 1.5900 30.15
08 July 2025 Unknown 556 1.5850 879.50
08 July 2025 Unknown 2 1.5900 3.18
08 July 2025 Unknown 12 1.5900 19.04
08 July 2025 Unknown 2,888 1.5850 4,568.32
08 July 2025 Unknown 1,600 1.5825 2,526.94
08 July 2025 Unknown 40,000 1.5825 63,173.40
08 July 2025 Unknown 18,377 1.5825 29,023.71
08 July 2025 Unknown 14,000 1.5825 22,121.77
08 July 2025 Unknown 24,967 1.5825 39,451.01