Winton Files Claim Against Kainga Ora

Winton confirms that it has issued proceedings in the Auckland High Court under the Commerce Act, alleging anti-competitive conduct by Government housing agency Kainga Ora. Winton is seeking Court declarations that Kainga Ora's conduct is unlawful and in breach of the Commerce Act, and an order requiring Kainga Ora to consider Sunfield for assessment under the UDA, as well as substantial damages for Kainga Ora's conduct to date. The costs of the proceeding are not anticipated to materially affect Winton's FY23 guidance. Ends. For investor or analyst queries, please contact: Jean McMahon, CFO +64 9 869 2271 investors@winton.nz For media queries, please contact: Sonya Fynmore +64 21 404 206 / sonya.fynmore@winton.nz End CA:00400862 For:WIN Type:GENERAL Time:2022-10-20 08:30:36