Savor Limited — Major Shareholding Notification 2021

Apr 8, 2021

Disclosure of movement of 1% or more in substantial holding or change in nature of relevant interest, or both

Sections 277 and 278, Financial Markets Conduct Act 2013

To NZX Limited and

To Savor Limited

Relevant event being disclosed: movement of 1% or more in substantial holding

Date of relevant event: 8 April 2021

Date this disclosure made: 9 April 2021

Date last disclosure made: 9 November 2020

Substantial product holder(s) giving disclosure

Full name(s): Colin Ashley Neal

Summary of substantial holding

Class of quoted voting products: Ordinary shares (SVR)

Summary for Colin Ashley Neal:

For this disclosure,—

• (a) total number held in class: 27,421,429

• (b) total in class: 185,715,956

• (c) total percentage held in class: 14.765%

• For last disclosure,—

• (a) total number held in class: 24,571,429

• (b) total in class: 146,271,626

• (c) total percentage held in class: 16.798%

Details of transactions and events giving rise to relevant event

Details of the transactions or other events requiring disclosure: Subscription for 2,850,000 ordinary shares for 17.67c per share under a 1 for 4.3077 renounceable rights issue (as announced to NZX on 10 March 2021).

Details after relevant event

Details for Colin Ashley Neal

Nature of relevant interest(s): beneficial owner

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For that relevant interest,—

• (a) number held in class: 27,421,429

• (b) percentage held in class: 14.765%

• (c) current registered holder(s): Custodial Services Limited

• (d) registered holder(s) once transfers are registered: Not Applicable

Additional information

Address of substantial product holder: PO Box 204125, Highbrook, Auckland 2161

Contact details: Colin Neal, +64 (27) 498 1169, ColinN@bigchill.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: Not Applicable

Certification

I, Colin Ashley Neal, 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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