Notice of Allotment of Securities

Capital Change Notice




Section 1: Issuer information
Name of issuer Summerset Group Holdings Limited
NZX ticker code SUM
Class of financial product Ordinary Shares
ISIN (If unknown, check on NZX website) NZSUME0001S0
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 260,501 Ordinary Shares
Nominal value (if any) N/A
Issue/acquisition/redemption price per security Ordinary Shares issued upon the
automatic exercise of zero exercise price
options (“Options”) in accordance with the
Summerset Share Option Plan Rules and
the terms of the Options. The exercise
price was $0.00.
Nature of the payment (for example, cash or other
consideration)
Cash net settlement
Amount paid up (if not in full) Fully paid
Percentage of total class of Financial Products
issued/acquired/redeemed/ (calculated on the
number of Financial Products of the Class,
excluding any Treasury Stock, in existence)
0.10748470%
For an issue of Convertible Financial Products or
Options, the principal terms of Conversion (for
example the Conversion price and Conversion date
and the ranking of the Financial Product in relation
to other Classes of Financial Product) or the Option
(for example, the exercise price and exercise date)
N/A
Reason for issue/acquisition/redemption and
specific authority for issue/acquisition/redemption/
(the reason for change must be identified here)
Issue of Ordinary Shares upon the
automatic exercise of the Options in
accordance with the Summerset Share
Option Plan Rules and the terms of the
Options.
Total number of Financial Products of the Class
after the issue/acquisition/redemption/Conversion
(excluding Treasury Stock) and the total number of
Financial Products of the Class held as Treasury
Stock after the issue/acquisition/redemption.
242,621,524 Ordinary Shares
862,202 options remain on issue
In the case of an acquisition of shares, whether
those shares are to be held as treasury stock
N/A
Specific authority for the issue, acquisition, or
redemption, including a reference to the rule
pursuant to which the issue, acquisition, or
redemption is made
Directors’ resolutions in relation to the
issue of the Options and the issue of
Ordinary Shares on conversion of the
Options. Permitted under Listing Rule 4.6.

Terms or details of the issue, acquisition, or
redemption (for example: restrictions, escrow
arrangements)
Issue of 260,501 Ordinary Shares upon
the automatic exercise of 260,501 Options
in accordance with the Summerset Share
Option Plan Rules and the terms of the
Options. The Ordinary Shares issued
rank equally with all other Ordinary Shares
on issue.
Date of issue/acquisition/redemption 2 March 2026
Section 4: Authority for this announcement and contact person
Name of person

authorised to make this
announcement
Robyn Heyman
Contact person for this announcement Robyn Heyman
Contact phone number +64 27 506 5562
Contact email address robyn.heyman@summerset.co.nz
Date of release through MAP

2 March 2026