SPH Notice - FirstCape Group Ltd & Harbour Asset Management

100080615/3821107.1 1
Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013
To NZX Limited
and
To AoFrio Limited (AOF)
Date this disclosure made: 09 November 2026
Date last disclosure made: 03 November 2026
Date on which substantial
holding ceased:
06 November 2026

Substantial product holder(s) giving disclosure
Full name(s): FirstCape Group Limited
& Harbour Asset Management Limited

Summary of substantial holding:
Class of quoted voting products: Ordinary Shares (Shares)
Summary for: FirstCape Group Limited &
Harbour Asset Management Limited
For last disclosure
(a) total number held in
class:
29,408,930
(b) total in class: 562,618,821
(c) total percentage held in
class:
5.227%
For current holding
after ceasing to
have a substantial
holding
(a) total number held in
class:
28,033,804
(b) total in class: 562,618,821
(c) total percentage held in
class:
4.983%

100080615/3821107.1 2
Details of transactions and events giving rise to ceasing a substantial holding:
The transactions/events giving rise to this disclosure obligation are on-market sell trades
by Harbour Asset Management Limited since the previous disclosure on the 03 November
2026, as summarised in the table below.

Details for: Harbour Asset Management Limited
On-market purchases –
number of shares
N/A
On-market purchases –
gross consideration
N/A
On-market sales – number of shares
1,375,126
On-market sales – gross consideration
$62,917.43



Additional information
Address of substantial product
holder:
Level 21, 171 Featherston Street, Wellington
Contact details:
Madeleine Pumphrey
T + 04 474 4400
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.