Notice of Allotment of Securities

NZX RELEASE 23 JULY 2018 NOTIFICATION OF ALLOTMENT OF SECURITIES For the purposes of Listing Rule 7.12.1 of the NZSX Listing Rules, Summerset Group Holdings Limited advises the following securities have been issued: Class of securities issued Ordinary Shares ISIN NZSUME0001S0 Number of securities issued 95,996 Ordinary Shares (Shares) Issue price $7.7435 (being the volume weighted average price of Shares on the NZX Main Board over the 5 trading days prior to 23 July 2018) Payment in cash? Pursuant to the terms of the Employee Share Purchase Scheme, the issue price will be funded by Summerset Group Holdings Limited Any amount paid up (if not in full) Fully paid Percentage of total class issued (excluding treasury stock) 0.04% of the Ordinary Shares Reasons for the issue Issue of Shares pursuant to Summerset's Employee Share Purchase Scheme Specific authority for the issue Directors' resolution dated 28 May 2018 Terms or details of the issue Issue of 95,996 Shares pursuant to the terms of the Summerset's Employee Share Purchase Scheme Total number of securities of the class in existence after the issue (excluding treasury stock) 224,874,299 Ordinary Shares Date of issue 23 July 2018 For enquiries: Leanne Walker Company Secretary leanne.walker@summerset.co.nz 04 894 7361 or 029 770 8189 End CA:00321111 For:SUM Type:SECISSUE Time:2018-07-23 08:30:07