Asset Plus Limited — Major Shareholding Notification 2023

Jun 29, 2023

Disclosure of ceasing to have substantial holding

Section 279, Financial Markets Conduct Act 2013

To NZX Limited

and

To Asset Plus Limited

Date this disclosure made: 30 June 2023

Date last disclosure made: 16 September 2020

Date on which substantial holding ceased: 20 June 2023

Substantial product holder(s) giving disclosure

Full name(s): Centuria Capital (NZ) No.1 Limited (previously known as Augusta Capital Limited)

Summary of previous substantial holding

Class of quoted voting products: Ordinary shares (NZX Code: APL)

Summary for Centuria Capital (NZ) No.1 Limited

For last disclosure[1] ,—

• (a) total number held in class: 51,387,832

• (b) total in class: 257,488,985

• (c) total percentage held in class: 19.957 %

For current holding after ceasing to have substantial holding,—

• (a) total number held in class: 0

• (b) total in class : 362,717,801

• (c) total percentage held in class: 0%

Details of transactions and events giving rise to ceasing of substantial holding Details of the transactions or other events requiring disclosure: Off-market transfer of 72,507,288 ordinary shares to Centuria Platform Investments Pty Limited for $19,214,431.32.

Additional information

Address(es) of substantial product holder(s): Level 2, 30 Gaunt Street, Auckland, 1010, New Zealand

1 As noted in an NZX announcement on 1 October 2020 by Asset Plus, a further 21,119,456 shares were issued to Augusta Capital Limited on 2 October 2020 following allocation of shares to sub-underwriters on completion of the retail component of Asset Plus’ $60 million capital raising. No further SPH disclosure was made as Augusta Capital’s percentage holding of 19.99% was not a movement of 1% or more in the substantial holding.

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Contact details:

Luke Fitzgibbon, +64 9 300 6161, luke.fitzgibbon@centuria.co.nz

Name of any other person believed to have given, or believed to be required to give, a disclosure under the Financial Markets Conduct Act 2013 in relation to the financial products to which this disclosure relates: Centuria Platform Investments Pty Ltd

Certification

I, Luke Fitzgibbon, certify that, to the best of my knowledge and belief, the information contained in this disclosure is correct and that I am duly authorised to make this disclosure by all persons for whom it is made.

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