SPH Notice - Richard Milsom

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
and
To Allied Farmers Limited
Relevant event being disclosed:
Date of relevant event: n/a
Date this disclosure made: 17 October 2025
Date last disclosure made: 5 April 2023
Substantial product holder(s) giving disclosure
Full name(s): Richard Milsom
Summary of substantial holding
Class of quoted voting products: Ordinary Shares
Summary for Richard Milsom
For this disclosure,—
(a) total number held in class: 4,363,667
(b) total in class: 28,806,434
(c) total percentage held in class: 15.148%
For last disclosure,—
(a) total number held in class: 4,553,667
(b) total in class: 28,806,434
(c) total percentage held in class: 15.807%
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure: correction of typographical
error in number of shares held by REM Trustee Limited – should have been 3,585,000
ordinary shares, not 3,775,000 ordinary shares.

2
Details after relevant event
Details for Richard Milsom
Nature of relevant interest(s):
Registered Holder
of Relevant
Interest
Nature of
Relevant Interest
Ordinary shares
% of ordinary
shares on issue
REM Trustee Limited
Shareholder and
Director
3,585,000 12.437
RPMilsom
Investments Limited
Shareholder and
Director
512,000 1.778
Eloise Milsom, and
Grant Stewart as
Trustees of the
Eloise Dickie Trust
Spouse is Trustee
and a beneficiary
266,667 0.925
Total 4,363,667 15.148%

For that relevant interest,—
(a) number held in class: 4,363,667
(b) percentage held in class: 15.148%
(c) current registered holder(s): As set out in the table above
(d) registered holder(s) once transfers are registered: n/a
Additional information
Address(es) of substantial product holder(s): 34 Hukanui Crescent, Ponsonby, Auckland,
1021
Contact details: richard@nzrlm.co.nz ph. 021 274 2476
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: n/a
Disclosure has effect for purposes of directors’ and senior managers’ disclosure
Richard Milsom is also Managing Director of Allied Farmers Limited. This disclosure also
constitutes disclosure for the purposes of the directors’ and senior managers’ disclosure
obligations.
Certification
I, Richard Milsom, 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.