Notice of Allotment of Securities

NZX RELEASE 21 March 2019 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 866,704 Ordinary Shares Issue price $6.5611 Payment in cash? Yes Any amount paid up (if not in full) Fully paid Percentage of total class issued (excluding treasury stock) 0.4% of the Ordinary Shares Reasons for the issue Issue of Ordinary Shares to those shareholders who have elected to participate in the Dividend Reinvestment Plan Specific authority for the issue Directors' resolution dated 21 February 2019 Terms or details of the issue Issue of 866,704 Ordinary Shares pursuant to the terms of the Dividend Reinvestment Plan Offer document dated 29 April 2016 Total number of securities of the class in existence after the issue (excluding treasury stock) 226,282,366 Ordinary Shares Date of issue 21 March 2019 For enquiries: Leanne Walker Company Secretary leanne.walker@summerset.co.nz 04 894 7361 or 029 770 8189 End CA:00332233 For:SUM Type:SECISSUE Time:2019-03-21 08:30:37