Summerset Bond Offer – Offer Close

NZX & ASX RELEASE 1 March 2024 SUMMERSET CLOSES ITS RETAIL BOND OFFER Summerset Group Holdings Limited (Summerset) today announced that, following a successful bookbuild, the issue size of its six year fixed rate bond offer has been set at NZ$125 million. This includes oversubscriptions of NZ$50 million. All of the bonds have been allocated to the participants (or their clients) in the bookbuild process. There was no public pool for the offer. The Issue Margin for the bonds has been set at 2.00% per annum and the Interest Rate will be announced later today along with the release of the Final Terms Sheet. For further information please contact: Joint Lead Managers CBA 0800 272 266 Craigs Investment Partners 0800 226 263 Forsyth Barr 0800 367 227 Jarden 0800 005 678 ENDS For investor relations enquiries: Will Wright Chief Financial Officer will.wright@summerset.co.nz +64 21 490 251 For media enquiries: Louise McDonald Senior Communications & Media Advisor louise.mcdonald@summerset.co.nz +64 21 246 3793 End CA:00427223 For:SUM Type:OFFER Time:2024-03-01 13:34:50