Capital Change Notice

Template
Capital Change Notice

Updated as at February 2025


Section 1: Issuer information
Name of issuer Accordant Group Limited
NZX ticker code AGL
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) NZAWFE0001S8
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 33,333,334
Nominal value (if any) N/A
Issue/acquisition/redemption price per security $0.15
Nature of the payment (for example, cash or other
consideration)
Cash
Amount paid up (if not in full) N/A
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

98.27% (subject to rounding)

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)
Issue of Ordinary Shares under the pro-
rata renounceable rights offer announced
on 30 March 2026
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.
67,252,067 Ordinary Shares
406,809 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
Ordinary resolutions of shareholders
dated 16 April 2026 under Rule 7(d) of the
Takeovers Code and NZX Listing Rule
5.2.1, and resolution of the Board under
NZX Listing Rules 4.3.1(a) and 4.4.1(a)
Terms or details of the issue, acquisition, or
redemption (for example: restrictions, escrow
arrangements)
Issue of Ordinary Shares which rank
equally with all other fully paid Ordinary
Shares in Accordant Group Limited

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

Date of issue/acquisition/redemption
2
13/05/2026
Section 4: Authority for this announcement and contact person
Name of person

authorised to make this
announcement
Rod Hyde
Contact person for this announcement Rod Hyde
Contact phone number 09 526 8797
Contact email address Rod.hyde@accordant.nz
Date of release through MAP

13/05/2026




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).