Update - Notice of Variation Rule 28 of the Takeovers Code

16/09/2026 15:07 NZST, TRANSACT3

Please be advised that this announcement is an update to the release at 1.03pm, 16 September, to include the Shareholder Letter.

Please find attached a Shareholder Letter and Notice of Variation under Rule 28 of the Takeovers Code from Sena & Co Limited (Sena & Co).