SUM - DRP Strike Price and AUD FX Rate for 2024 Interim Dividend

Summerset Group Holdings Limited advises that the strike price for the dividend reinvestment plan (DRP) operating in respect to the dividend payable on 20 September 2024 has been set at NZ$11.4848 per share. The strike price is inclusive of a 2% discount.

This strike price will apply in calculating the number of shares to be issued to participants who have elected to receive additional shares rather than cash.

The strike price has been determined in accordance with the terms of the DRP and is calculated as 98% of the volume weighted average sale price on all price-setting trades for the five trading days to 16 September 2024 (inclusive).

The company also advises that the foreign exchange rate used for the payment of the dividend on 20 September 2024 to Australian investors in AUD has been set at 0.9247, being the Reserve Bank of New Zealand Daily Exchange Mid-Rate on the Record Date.

ENDS

• DRP Strike Price & AUD FX Rate for 2024 Interim Dividend

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