SPH Notice - Lucien Law

Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013
To NZX Limited
and
To Savor Limited

Date this disclosure made: 6 March 2026
Date last disclosure made: 16 June 2021
Date on which substantial holding ceased: 6 March 2026
Substantial product holder(s) giving disclosure
Full name(s): Lucien Nicholas Law (in his own right and as a joint trustee)
Summary of previous substantial holding
Class of quoted voting products: Ordinary Shares (SVR)
Summary f or Lucien Nicholas Law
For last disclosure,—
(a) total number held in class: 14,688,994 (pre 1:3 share consolidation on 6 August
2021)

(b) total in class: 186,050,315

(c) total percentage held in class: 7. 895%

For current holding after ceasing to have substantial holding,—
(a) total number held in class: 3,396,331

(b) total in class: 76,780,666

(c) total percentage held in class: 4.423%

Details of transactions and events giving rise to ceasing of substantial holding
Details of the transactions or other events requiring disclosure:
On 6 March 2026, Lucien Law sold 1,500,000 ordinary shares to Vinula Pty Limited, a
company connected with Philip Bowman, for $285,000.

Lucien’s relevant interests have also been diluted by various share issues made to other
shareholders since he last f iled on 16 June 2021.

Details for Lucien Nicholas Law
Nature of relevant interest(s): registered holder and benef icial owner of ordinary shares.
Fo r that relevant interest,—
(a) number held in class: 2,394,455

(b) percentage held in class: 3.12%

(c) current registered holder(s): Lucien Law

(d) registered holder(s) once transfers are registered: Vinula Pty Limited

Details for Lucien Nicholas Law, Stacey Susan Law, and Paul Richard Robinson
as trustees of the Ika-Roa Investment Trust.
Nature of relevant interest(s): Joint trustee of the Ika-Roa Investment Trust (and
members of the Law family are beneficiaries).

For that relevant interest,—

(a) number held in class: 500,938

(b) percentage held in class: 0.65%

(c) current registered holder(s): Lucien Nicholas Law, Stacey Susan Law, and
Paul Richard Robinson

(d) registered holder(s) once transfers are registered: N/A

Details for Paul Richard Robinson, Susannah Clare Robinson and Lucien Nicholas
Law as trustees of the El Pilar A1 Trust.
Nature of relevant interest(s): Joint trustees of the El Pilar A1 Trust. Mr Law has no
benef icial interest in these shares; the benef iciaries are members of the Robinson f amily.

For that relevant interest,—

(a) number held in class: 500,938

(b) percentage held in class: 0.65%

(c) current registered holder(s): Paul Richard Robinson, Susannah Clare Robinson
and Lucien Nicholas Law

(d) registered holder(s) once transfers are registered: N/A

Additional information
Address(es) of substantial product holder(s): 4 Margaret Street, Freemans Bay, Auckland,
1011 , New Zealand

Contact details: (021) 436329, lucien@savorgroup.co.nz

Disclosure has effect for purposes of dir ectors’ and senior managers’ disclosure
Lucien Nicholas Law is also a director of Savor Limited. This disclosure also constitutes
disclosure for the purposes of the directors’ and senior managers’ disclosure obligations.

Certification
I, Lucien Nicholas Law, certify that, to the best of my knowledge and belief, the
inf ormation contained in this disclosure is correct and that I am duly authorised to make
this disclosure by all persons f or whom it is made.