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SPH Notice - PHC Investments Limited

Substantial Holder Notice21 May 2026CVTIndustrials

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 Limited


and


To Comvita Limited (CVT)

Relevant event being disclosed: movement of 1% or more in substantial holding

Date of relevant event: 18 May 2026

Date this disclosure made: 21 May 2026

Date last disclosure made: 17 April 2026

Substantial product holder(s) giving disclosure

Full name(s): PHC Investments Limited (NZCN: 5024200)

Summary of substantial holding

Class of quoted voting products: Ordinary Shares in CVT (ISIN: NZCVTE0001S7, NZX Code: CVT)

Summary for PHC Investments Limited (NZCN: 5024200)

For this disclosure,—

(a) total number held in class: 15,241,541

(b) total in class: 129,839,035

(c) total percentage held in class: 11.739% (rounded to three decimal places)

For last disclosure,—

(a) total number held in class: 9,217,217

(b) total in class: 70,561,746

(c) total percentage held in class: 13.063% (rounded to three decimal places)

Details of transactions and events giving rise to relevant event

Details of the transactions or other events requiring disclosure: On 18 May 2026, CVT issued

6,024,342 ordinary shares to PHC Investments Limited for $0.65 per ordinary share under the

capital raise announced by CVT on 15 April 2026. As a result of the capital raise, there has been a

dilution in PHC Investments Limited’s interest in CVT.


2

Details after relevant event

Details for PHC Investments Limited

Nature of relevant interest(s): registered holder of the products

For that relevant interest,—

(a) number held in class: 15,241,541

(b) percentage held in class: 11.739%

(c) current registered holder(s): PHC Investments Limited

(d) registered holder(s) once transfers are registered: Not applicable

Additional information

Address(es) of substantial product holder(s): Level 4, 25 Broadway, Newmarket, Auckland, 1023 ,

New Zealand

Contact details: Neville Victor Cook (Director) 021 339 398 / neville@nsi.co.nz

Certification

I, Neville Victor Cook, 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.

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

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