Ongoing Disclosure Notices

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:
Summerset Group Holdings Limited
Date this disclosure made:
17 March 2026
Date of last disclosure:
6 March 2026
Director or senior manager giving disclosure
Full name(s):
Scott Grady Scoullar
Name of listed issuer:
Summerset Group Holdings Limited
Name of related body corporate (if applicable):
N/A
Position held in listed issuer:
CEO
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Summerset Group Holdings Limited ordinary shares (NZX
Code: SUM)
Nature of the affected relevant interest(s):
Registered and beneficial ownership of options to
subscribe for ordinary shares pursuant to a share option
plan under which the options have not yet been vested
and become exerciseable
For that relevant interest-
Number held in class before acquisition or disposal:
88,649
Number held in class after acquisition or disposal:
134,235
Current registered holder(s):
Scott Grady Scoullar
Registered holder(s) once transfers are registered:
As above
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:
One

Details of transactions requiring disclosure-
Date of transaction:15 March 2026
Nature of transaction:
Issue of options to subscribe for ordinary shares pursuant
to Summerset's LTI share option plan
Name of any other party or parties to the transaction (if known):N/A
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:
Options issued for nil consideration
Number of financial products to which the transaction related:
45,586
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:
Summerset Group Holdings Limited ordinary shares (NZX
Code: SUM) and fixed rate bonds (NZX Code: SUM020,
SUM030, SUM050 and SUM060)
Nature of relevant interest:
Registered and/or beneficial ownership of ordinary shares
and options to subscribe for ordinary shares, and the
power to acquire or dispose of, or to control the acquisition
or disposal of, ordinary shares and/or fixed rate bonds
For that relevant interest,-
Number held in class:
(1) Power to acquire or dispose of, or to control the
acquisition or disposal of, 40,000 SUM020 fixed rate
bonds
(2) Power to acquire or dispose of, or to control the
acquisition or disposal of, 40,000 SUM030 fixed rate
bonds
(3) Power to acquire or dispose of, or to control the
acquisition or disposal of, 30,000 SUM050 fixed rate
bonds.
(4) Power to acquire or dispose of, or to control the
acquisition or disposal of, 25,000 SUM060 fixed rate
bonds.
(5) Power to acquire or dispose of, or to control the
acquisition or disposal of, 7,268 ordinary shares
(6) Beneficial ownership of 268 ordinary shares pursuant
to a widely held exempt employee share plan under which
the shares have not yet vested
(7) Registered and beneficial ownership of 0 options to
subscribe for ordinary shares pursuant to a share option
plan under which the options have vested and become
exerciseable
(8) Registered and beneficial ownership of 455,539
ordinary shares
Current registered holder(s):
(1) Donald Lisle Scoullar
(2) Donald Lisle Scoullar
(3) Donald Lisle Scoullar
(4) Donald Lisle Scoullar
(5) Donald Lisle Scoullar
(6) Summerset LTI Trustee Limited
(7) Scott Grady Scoullar
(8) Scott Grady Scoullar
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,-
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:
17 March 2026
or
Signature of person authorised to sign on behalf of director or officer:N/A
Date of signature:N/A
Name and title of authorised person:N/A

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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:
Summerset Group Holdings Limited
Date this disclosure made:
17-Mar-26
Date of last disclosure:
21-Jul-25
Director or senior manager giving disclosure
Full name(s):
Margaret Susan Warrington
Name of listed issuer:
Summerset Group Holdings Limited
Name of related body corporate (if applicable):
N/A
Position held in listed issuer:
Chief Financial Officer
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Summerset Group Holdings Limited
ordinary shares (NZX Code: SUM)
Nature of the affected relevant interest(s):
Registered and beneficial ownership
of options to subscribe for ordinary
shares pursuant to a share option
plan under which the options have
not yet vested or become
exercisable
For that relevant interest-
Number held in class before acquisition or disposal:
Nil
Number held in class after acquisition or disposal:
17,405
Current registered holder(s):
Margaret Susan Warrington
Registered holder(s) once transfers are registered:
As above
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: One

Details of transactions requiring disclosure-
Date of transaction:15-Mar-26
Nature of transaction:
Issue of options to subscribe for
ordinary shares pursuant to
Summerset's LTI Share Option Plan
Name of any other party or parties to the transaction (if known):N/A
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:Options issued for nil consideration
Number of financial products to which the transaction related: 17,405
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:
Summerset Group Holdings Limited
ordinary shares (NZX Code: SUM)
Nature of relevant interest:
Registered and/or beneficial
ownership of ordinary shares
For that relevant interest,-
Number held in class:
(1) Registered and beneficial
ownership of 750 ordinary shares
(2) Beneficial ownership of 84
ordinary shares pursuant to a widely
held exempt employee share plan
under which the shares have not yet
vested
Current registered holder(s):(1) Margaret Susan Warrington
(2) Summerset LTI Trustee Limited
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,-
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:
17-Mar-26
or
Signature of person authorised to sign on behalf of director or officer:
N/A
Date of signature:
N/A
Name and title of authorised person:N/A