Summerset Bond Offer - Final Terms Sheet

15/05/2025 13:31 NZST, OFFER

NZX & ASX RELEASE

15 May 2025

SUMMERSET RELEASES FINAL TERMS SHEET FOR RETAIL BOND OFFER

Summerset Group Holdings Limited (Summerset) today announced the final details of its six year, fixed rate bonds maturing on 23 May 2031.

The Final Terms Sheet relating to these bonds is attached. The bonds are expected to be issued on 23 May 2025.

For further information please contact:

Joint Lead Managers

ANZ

Commonwealth Bank of Australia

Craigs Investment Partners

Forsyth Barr

ENDS

For investor relations enquiries:

Margaret Warrington

Chief Financial Officer

investor.relations@summerset.co.nz

+64 4 894 7320

For media enquiries:

Louise McDonald

Senior Communications & Media Advisor

louise.mcdonald@summerset.co.nz

+64 21 246 3793