Wholesale Convertible Note issue

21 November 2022 Cooks Coffee Company Limited (NZX: CCC, Aquis: COOKS) advise that, following an unsolicited approach expressing interest in a convertible note offer, Cooks has approved the offer and issue of up to NZ$2 million of convertible notes to selected wholesale investors in New Zealand, Australia or the United Kingdom, with the key terms summarised in the Appendix. Funds raised from the notes offer would be applied to - Growth of the existing cafe network - Acquisitions - Development of digital infrastructure - Repayment of third party debt Wholesale applications must be for at least NZ$25,000. There is no minimum amount sought. Contact: Keith Jackson Executive Chairman 021 702 509 End CA:00402717 For:CCC Type:GENERAL Time:2022-11-21 11:44:49