SPH Notice – Fisher Funds Management Limited

Disclosure of beginning to have substantial holding Section 276, Financial Markets Conduct Act 2013 To New Zealand Exchange And To Summerset Group Holdings Limited Date this disclosure made: 15 November 2017 Date on which substantial holding began: 14 November 2017 Substantial product holder(s) giving disclosure Full name(s): Fisher Funds Management Limited Summary of substantial holding Class of quoted voting products: Ordinary Shares Summary for Fisher Funds Management Limited For this disclosure,-- (a) total number held in class: 11,476,807 (b) total in class: 223,036,104 (c) total percentage held in class: 5.146% Details of relevant interests Details for Fisher Funds Management Limited Nature of relevant interest(s): Fisher Funds Management Limited is the registered holder and non-beneficial owner of these securities. No relevant agreement documentation is required to be attached as the investment management contract exemption under regulation 14 applies. For that relevant interest,-- (a) number held in class: See below. (b) percentage held in class: See below. (c) current registered holder(s): See below. (d) registered holder(s) once transfers are registered: Unknown Please see attached table. For a derivative relevant interest, also-- (a) type of derivative: Not applicable (b) details of derivative: Not applicable (c) parties to the derivative: Not applicable (d) if the substantial product holder is not a party to the derivative, the nature of the relevant interest in the derivative: Not applicable Details of transactions and events giving rise to substantial holding Details of the transactions or other events requiring disclosure: Please see attached table. Additional information Address(es) of substantial product holder(s): Fisher Funds Management Limited, Level 1, 67-73 Hurstmere Road, Takapuna, Auckland Contact details: Angela Quirk, Angela@fisherfunds.co.nz, +64 9 487 2627 Nature of connection between substantial product holders: Fisher Funds Management Limited is the registered holder and non-beneficial owner of these securities 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: Not applicable Certification I, Angela Quirk, 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. End CA:00310350 For:SUM Type:SHINTR Time:2017-11-15 12:19:09