Summerset Bond Offer - Offer Close

NZX & ASX RELEASE 15 May 2025 SUMMERSET CLOSES ITS RETAIL BOND OFFER Summerset Group Holdings Limited (Summerset) today announced that, following a successful bookbuild, the issue size of its six year, fixed rate bond offer has been set at NZ$150 million. This includes oversubscriptions of NZ$50 million. All of the bonds have been allocated to the participants (or their clients) in the bookbuild process. There was no public pool for the offer. The Issue Margin for the bonds has been set at 1.95% per annum and the Interest Rate will be announced later today along with the release of the Final Terms Sheet. For further information please contact: Joint Lead Managers ANZ Commonwealth Bank of Australia Craigs Investment Partners Forsyth Barr ENDS For investor relations enquiries: Margaret Warrington Chief Financial Officer investor.relations@summerset.co.nz +64 4 894 7320 For media enquiries: Louise McDonald Senior Communications & Media Advisor louise.mcdonald@summerset.co.nz +64 21 246 3793