Notice under Rule 49A of the Takeovers Code

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 Bremworth Limited
Relevant event being disclosed: Movement of 1% or more in substantial holding
Date of relevant event: 30 September 2026
Date this disclosure made: 1 October 2026
Date last disclosure made: 30 September 2026
Substantial product holder(s) giving disclosure
Full name(s): Mangawhai Collective Limited (“Mangawhai”), David Ferrier and Henry
Lawford Lonsdale Ferrier acting in concert
Summary of substantial holding
Class of quoted voting products: Ordinary shares in Bremworth Limited (NZX: BRW)
(“Bremworth”)
Summary for Mangawhai, David Ferrier and Henry Lawford Lonsdale Ferrier
For this disclosure,—
(a) total number held in class: 48,482,653.1681
(b) total in class: 69,089,365
(c) total percentage held in class: 70.174%
For last disclosure,—
(a) total number held in class: 47,768,552.1681
(b) total in class: 69,089,365
(c) total percentage held in class: 69.140%

Details of transactions and events giving rise to relevant event

On 4 September 2026, Mangawhai made a partial takeover offer for 43.93667% of the
ordinary shares in Bremworth that it does not already hold or control (the “Offer”). A copy
of the offer document for the Offer dated 4 September 2026 was provided to NZX on that
date.

2
Since Mangawhai’s previous disclosure, and as at the end of the day on 30 September
2026, Bremworth shareholders have accepted the Offer in respect of 714,101 further
ordinary shares in Bremworth.
Details after relevant event
Details for Mangawhai Collective Limited
Nature of relevant interest(s):
(a) In respect of 13,444,899 ordinary shares in Bremworth: Relevant interest as legal
and beneficial owner of ordinary shares in Bremworth. No relevant agreement
document needs to be attached under regulation 139.
(b) In respect of 188,943.1681 ordinary shares in Bremworth: The power to control the
exercise of voting rights attached to ordinary shares in Bremworth and the power to
control the sale of ordinary shares in Bremworth. A copy of the Voting Deed was
attached to the relevant disclosure filed by David Ferrier, Henry Lawford Lonsdale
Ferrier and Mangawhai on 14 August 2026.
(c) In respect of 34,848,811 ordinary shares in Bremworth: A conditional power to
acquire quoted voting products upon the Offer becoming unconditional in all
respects, and settlement and payment for consideration occurring in accordance
with the Offer. No relevant agreement document needs to be attached under
regulation 139.
For that relevant interest,—
(a) number held in class: 48,482,653.1681
(b) percentage held in class: 70.174%
(c) current registered holder(s): Mangawhai Collective Limited in respect of
13,444,899 ordinary shares
In respect of Henry Lawford Lonsdale Ferrier:
• JBWere (NZ) Nominees Limited in respect of
102,160 ordinary shares
• Sharesies Nominees Limited in respect of
86,783.1681 ordinary shares
Acceptors of the Offer (or in each case, their
relevant custodian or nominee) in respect of
34,848,811 ordinary shares
(d) registered holder(s) once transfers are registered: Mangawhai Collective Limited
(except for the shares held by Henry Lawford Lonsdale Ferrier or his custodian or
nominee, which is not applicable).

3
Details for Henry Lawford Lonsdale Ferrier
Nature of relevant interest(s): Relevant interest as beneficial owner of ordinary shares in
Bremworth. No relevant agreement document needs to be attached under regulation 139.
For that relevant interest,—
(a) number held in class: 188,943.1681 ordinary shares
(b) percentage held in class: 0.273%
(c) current registered holder(s): JBWere (NZ) Nominees Limited in respect of
102,160 ordinary shares
Sharesies Nominees Limited in respect of
86,783.1681 ordinary shares
(d) registered holder(s) once transfers are registered: Not applicable.
Additional information
Address(es) of substantial product holder(s):
Mangawhai Collective Limited: Walker Wayland Auckland Limited, Level 14, 88 Shortland
Street, Auckland Central, 1010, New Zealand
David Ferrier: 233 Garnet Road, Westmere, Auckland, 1022, New Zealand
Henry Lawford Lonsdale Ferrier: 13 Browning Street, Grey Lynn, Auckland 1021, New
Zealand
Contact details:
Henry Lawford Lonsdale Ferrier
Phone: +64 21 025 30751
Email: henry@supplycorp.co.nz
Nature of connection between substantial product holders: David Ferrier, Henry Lawford
Lonsdale Ferrier and Mangawhai are acting in concert in relation to the acquisition of
relevant interests in ordinary shares in Bremworth Limited by Mangawhai and their
respective holdings. Henry Lawford Lonsdale Ferrier does not have any ownership in, or
control over, Mangawhai. As at the date of this notice, David Ferrier is the sole director and
shareholder of Mangawhai.
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
Certification
I, David McDougall Ferrier, 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.