Quotation Notice – Southland Building Society (“SBS1T2”)

QUOTATION NOTICE: NZX DEBT MARKET SOUTHLAND BUILDING SOCIETY ("SBS1T2") BONDS Company: Southland Building Society ("SBS") Security Code: SBS1T2 ISIN: NZSBBDT390C6 Details of Issue: NZ $60 million unsecured, subordinated debt securities, issued as redeemable shares Offer Opening Date: Monday, 12 February 2024 Offer Closing Date: Thursday, 15 February 2024 Maturity Date: Tuesday, 22 August 2034 Interest Rate: 7.62 % per annum Interest Payment Dates: 22 February, 22 May, 22 August, and 22 November of each year until maturity Date of First Interest Payment: Wednesday, 22 May 2024 First Interest Paid To: Holder on Record Date Record Date: 10 calendar days before the relevant Interest Payment Date, or if that date is not a business day, the immediately preceding business day Minimum Application Amount: NZ$5,000 Minimum Holding: NZ$5,000 Minimum Transferable Amount: NZ$1,000 Face Value: NZ$1.00 per bond Supervisor: N/A Joint Lead Managers: Westpac Banking Corporation (ABN 33007457141) (acting through its New Zealand branch), Forsyth Barr Limited, Bank of New Zealand, Jarden Securities Limited Trust Deed Dated: Master Deed dated 30 April 2014 (as amended and restated on 26 September 2017), and Supplemental Deed 5 February 2024 Issue Date: Thursday, 22 February 2024 Registrar: Computershare Investor Services Limited Settlement Status: NZCDC Settlement System Expected Commencement of Trading on the NZX Debt Market: Friday, 23 February 2024 Mark Peterson Chief Executive Officer NZX Limited 15 02 2024 End CA:00426262 For:SBS Type:OFFER Time:2024-02-15 15:02:32