SPH Notice - Sena & Co Limited (Sena & Co)

401975
3445-2415-1120-V1
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 (NZX)
and
To 2 Cheap Cars Group Limited (2CC)
Relevant event being disclosed: Movement of 1% or more in the substantial holding
Date of relevant event: 24 September 2026
Date this disclosure made: 25 September 2026
Date last disclosure made: 23 September 2026
Substantial product holder(s) giving disclosure
Full name(s): Sena & Co Limited (Sena & Co)
Summary of substantial holding
Class of quoted voting products: Ordinary shares in 2CC (NZX Code: 2CC)
Summary for Sena & Co
For this disclosure,—
(a) total number held in class: 40,748,255
(b) total in class: 45,554,500
(c) total percentage held in class: 89.449%
For last disclosure,—
(a) total number held in class: 40,292,841
(b) total in class: 45,554,500
(c) total percentage held in class: 88.450%
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure:
On 27 July 2026, Sena & Co made a full takeover offer for all of the ordinary shares in 2CC
(Shares) not already held by Sena & Co (the Offer). A copy of the Offer accompanied a
disclosure made to 2CC and NZX on 27 July 2026.
Since its previous disclosure, Sena & Co has received, as of 5.00pm on 24 September
2026, acceptances under the Offer in relation to a further 455,414 Shares. If settlement
occurs in accordance with the Offer, Sena & Co will become the registered holder and
beneficial owner of 6,161,328 Shares, in addition to the 34,586,927 Shares currently
owned by Sena & Co.

401975
3445-2415-1120-V1
2
As at 5.00pm on 24 September 2026, Sena & Co has a relevant interest in respect of, in
aggregate, 40,748,255 Shares.
Details after relevant event
Details for Sena & Co
Nature of relevant interest(s): Sena & Co is the registered holder and beneficial owner of
34,586,927 ordinary shares in 2CC.
For that relevant interest,—
(a) number held in class: 34,586,927
(b) percentage held in class: 75.924%
(c) current registered holder(s): Sena & Co
(d) registered holder(s) once transfers are registered: N/A
Nature of relevant interest(s): Conditional power to acquire quoted voting products if the
Offer becomes unconditional in all respects and settlement occurs in accordance with the
Offer.
For that relevant interest,—
(a) number held in class: 6,161,328
(b) percentage held in class: 13.525%
(c) current registered holder(s): Acceptors of the Offer
(d) registered holder(s) once transfers are registered: Sena & Co
Additional information
Address(es) of substantial product holder(s): 5 Harvey Place, St Heliers, Auckland, 1071,
New Zealand
Contact details: David (Yusuke) Sena | +64 21 0224 5680 | david@2cheapcars.co.nz
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
David (Yusuke) Sena is also a director of 2CC. This disclosure also constitutes disclosure
for the purposes of the directors’ and senior managers’ disclosure obligations.
Certification
I, David (Yusuke) Sena, 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.