Bremworth Limited — Director's Dealing 2022

Nov 1, 2022

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Ongoing Disclosure Notice

Disclosure of Directors and Senior Managers Relevant Interests

Sections 297(2) and 298(2), Financial Markets Conduct Act 2013

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----- Start of picture text ----- To NZX Limited; andName of listed issuer: Bremworth LimitedDate this disclosure made: 2 November 2022Date of last disclosure: 6 January 2021Director or senior manager giving disclosureFull name(s): Victor Thien Soo TanName of listed issuer: Bremworth LimitedName of related body corporate (if applicable): Not applicableChief Financial Officer and CompanyPosition held in listed issuer:SecretarySummary of acquisition or disposal of relevant interest (excluding specified derivatives)Class of affected quoted financial products: Fully paid-up ordinary sharesRight to receive subject tocompliance with the terms of theNature of the affected relevant interest(s):Bremworth Limited 2022 Long-TermIncentive Scheme RulesFor that relevant interest-Number held in class before acquisition or disposal: 249,561Number held in class after acquisition or disposal: 382,838In respect of 133,277 shares,Bremworth Share Scheme Limited,as the trustee of the BremworthLimited 2022 Long-Term IncentiveScheme. In respect of 167,479shares, Victor Thien Soo Tan,Current registered holder(s):Jacintha Tan and Wayne KeungChung (JVT Family Account). Inrespect of 82,082 shares, WayneKeung Chung, Colleen Linda Chungand Victor Thien Soo Tan (CWCFamily Account).Registered holder(s) once transfers are registered: Not applicableSummary of acquisition or disposal of specified derivatives relevant interest (if applicable)Type of affected derivative: Not applicableClass of underlying financial products: Not applicableDetails of affected derivative-The notional value of the derivative (if any) or the notional amount of underlyingNot applicablefinancial products (if any):A statement as to whether the derivative is cash settled or physically settled: Not applicableMaturity date of the derivative (if any): Not applicableExpiry date of the derivative(if any): Not applicableThe price specified in the terms of the derivative (if any): Not applicableAny other details needed to understand how the amount of the consideration payableunder the derivative or the value of the derivative is affected by the value of the Not applicableunderlying financial products:For that derivative,-Parties to the derivative: Not applicableIf the director or senior manager is not a party to the derivative, the nature of theNot applicablerelevant interest in the derivative:----- End of picture text -----

Details of transactions giving rise to acquisition or disposal

Total number of transactions to which notice relates:

One

Details of transactions requiring disclosure-

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----- Start of picture text ----- Date of transaction: 31 October 2022Fully paid-up ordinary shares issuedby Bremworth Limited to BremworthShare Scheme Limited as trustee ofthe Bremworth Limited 2022 Long-Term Incentive Scheme (2022 LTIScheme) which will hold theseshares on behalf of the participantsNature of transaction:pursuant to the terms of the 2022LTI Scheme until the vesting date.Vesting of these shares isdependent on total shareholderreturn performance over the three-year period from 1 July 2022 to 30June 2025.Name of any other party or parties to the transaction (if known): Not applicableThe consideration, expressed in New Zealand dollars, paid or received for theacquisition or disposal. If the consideration was not in cash and cannot be readily by Not applicableconverted into a cash value, describe the consideration:Number of financial products to which the transaction related: 133,277If the issuer has a financial products trading policy that prohibits directors or seniormanagers from trading during any period without written clearance (a closed period)include the following details—Whether relevant interests were acquired or disposed of during a closed period: NoWhether prior written clearance was provided to allow the acquisition or disposal toNot applicableproceed during the closed period:Date of the prior written clearance (if any): Not applicableSummary of other relevant interests after acquisition or disposal:Class of quoted financial products: Ordinary sharesRegistered holder of ordinaryshares. Victor Tan is a trustee andNature of relevant interest:discretionary beneficiary of the JVTFamily Trust.For that relevant interest,-Number held in class: 167,479Victor Thien Soo Tan, Jacintha TanCurrent registered holder(s): and Wayne Keung Chung (JVTFamily Account)For a derivative relevant interest,-Type of derivative: Not applicableSummary of other relevant interests after acquisition or disposal:Class of quoted financial products: Ordinary sharesRegistered holder of ordinaryNature of relevant interest: shares. Victor Tan is a trustee of theCWC Family Trust.For that relevant interest,-Number held in class: 82,082Wayne Keung Chung, Colleen LindaCurrent registered holder(s): Chung and Victor Thien Soo Tan(CWC Family Account)For a derivative relevant interest,-Type of derivative: Not applicable----- End of picture text -----

Summary of other relevant interests after acquisition or disposal:

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----- Start of picture text ----- Performance right issued byBremworth Limited which will convertClass of quoted financial products:into a number of equity securities asdescribed belowNature of relevant interest: BeneficialFor that relevant interest,-The number of quoted equitysecurities which will be issued onconversion of the performance rightis unknown at the time of issue ofNumber held in class: the performance right, but will not,together with all other performancerights issued at the same time,exceed the 3% threshold underlisting rule 4.6.1(c).Current registered holder(s): Victor Thien Soo TanFor a derivative relevant interest,-Type of derivative: Not applicableDetails of derivative,-The notional value of the derivative (if any) or the notional amount of underlyingNot applicablefinancial products (if any):A statement as to whether the derivative is cash settled or physically settled: Not applicableMaturity date of the derivative (if any): Not applicableExpiry date of the derivative (if any): Not applicableThe price's specified terms (if any): Not applicableAny other details needed to understand how the amount of the consideration payableunder the derivative or the value of the derivative is affected by the value of the Not applicableunderlying financial products:For that derivative relevant interest,- Not applicableParties to the derivative: Not applicableIf the director or senior manager is not a party to the derivative, the nature of theNot applicablerelevant interest in the derivative:CertificationI, certify that, to the best of my knowledge and belief, the information contained in thisdisclosure is correct and that I am duly authorised to make this disclosure by allpersons for whom it is made.Signature of director or officer:Date of signature: 2 November 2022orSignature of person authorised to sign on behalf of director or officer:Date of signature:Name and title of authorised person:----- End of picture text -----