SPH Notice - FirstCape Group Limited

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 Serko Limited (SKO)
Relevant event being disclosed:
Disclosure of movement of 1% or more in
substantial holding
Date of relevant event: 27 October 2026
Date this disclosure made: 28 October 2026
Date last disclosure made: 03 March 2026

Substantial product holder(s) giving disclosure
Full name(s): FirstCape Group Limited

Summary of substantial holding:
Class of quoted voting products:
Ordinary Shares (Shares)
Summary for: FirstCape Group Limited (FirstCape)
For this
disclosure -
(a) total number held in class: 19,373,876
(b) total in class: 126,139,278
(c) total percentage held in class: 15.359%
For last
disclosure -
(a) total number held in class: 20,521,875
(b) total in class: 124,881,635
(c) total percentage held in class: 16.433%

Details of transactions and events giving rise to relevant event:
The transactions/events giving rise to this disclosure obligation are on-market buy and sell trades and off market transfers by FirstCape Group Limited since the
previous disclosure on 03 March 2026 as summarised in the table below.
Details for: Harbour Asset Management Limited JBWere (NZ) Limited
Nature of relevant
interest(s):
Relevant interest in Shares that FirstCape wholly-owned
subsidiary Harbour Asset Management Limited (Harbour)
has a relevant interest in. Harbour has the power to
exercise (or control the exercise of) rights to vote attached
to, and power to acquire or dispose of (or control the
acquisition or disposal of), Shares under investment powers
contained in trust deeds or investment management
agreements with clients. FirstCape has those powers and
controls indirectly, as the ultimate owner of Harbour.
Relevant interest in Shares that its wholly-owned subsidiary JBWere (NZ)
Limited has a relevant interest in. JBWere (NZ) Limited has the power to
exercise (or control the exercise of) rights to vote attached to, and
power to acquire or dispose of (or control the acquisition or disposal of),
Shares under the terms of investment management agreements with
clients (who are the beneficial owners of the Shares). FirstCape has
those powers and controls indirectly, as the ultimate owner of JBWere
(NZ) Limited.
On-market purchases
– Number of Shares
4,538,236 N/A
On-market purchases
– Gross Consideration
$6,365,000.02 N/A
On-market sales –
Number of Shares
5,493,108 162,975
On-market sales –
Gross Consideration
$7,104,097.96 $214,149.13
Net Off market
transfer out of DIMs
N/A
20,834
Details after relevant event:
Details for: Harbour JBWere (NZ) Limited
Number held in
class after the
relevant event:
19,257,339 116,537
Percentage held in
class:
15.267% 0.092%
Current registered
holder of financial
products:
For on market purchases: Unknown
For on market sales: Various nominees or custodians for and
on behalf of Harbour Asset Management Limited
For on-market purchases: Unknown
For on-market sales: JBWere (NZ) Nominees Limited & FNZ Custodians
Limited
Registered holder of
financial products
once transfer is
registered:
For on market purchases: Various nominees or custodians for
and on behalf of Harbour Asset Management Limited
For on market sales: Unknown
For on-market purchases: JBWere (NZ) Nominees Limited & FNZ
Custodians Limited
For on-market sales: Unknown

Additional information:

Address(es) of substantial product
holder(s):
Level 21, 171 Featherston Street, Wellington
Contact details:
Madeleine Pumphrey
Contact phone 04 801 1429
Madeleine.pumphrey@jbwere.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: None.
Certification:

I, Madeleine Pumphrey, 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.