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: 26 March 2019

Substantial product holder(s) giving disclosure

Full name(s): Geoff Ross, Justine Ross, and Chris Hocquard as trustees of the Ross Venture Trust

Summary of substantial holding

Class of quoted voting products: Ordinary shares (SVR)

Summary for Geoff Ross, Justine Ross, and Chris Hocquard as trustees of the Ross Venture Trust:

For this disclosure,—

• (a) total number held in class: 9,421,415

• (b) total in class: 185,715,956

• (c) total percentage held in class: 5.073%

• For last disclosure,—

• (a) total number held in class: 8,828,119

• (b) total in class: 68,226,886 (excluding 53,475 shares held as treasury stock)

• (c) total percentage held in class: 12.939%

Details of transactions and events giving rise to relevant event

Details of the transactions or other events requiring disclosure: Subscription for 593,296 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 Geoff Ross, Justine Ross, and Chris Hocquard as trustees of the Ross Venture Trust with power to control the shares.

Nature of relevant interest(s): Joint trustees of the Ross Venture Trust

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For that relevant interest,—

• (a) number held in class: 9,421,415

• (b) percentage held in class: 5.073%

• (c) current registered holder(s): JBWere (NZ) Nominees Limited as 8,353,779 shares and Moa Investments (2014) Limited as to 1,067,636 shares.

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

Additional information

Address of substantial product holder: 22 Timaru Creek Road, Rd 2, Lake Hawea

Contact details: Geoff Ross, 021 424 219, geoff@lakehaweastation.com

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

Disclosure has effect for purposes of directors’ and senior managers’ disclosure

Geoff Ross is also a director of Savor Limited. This disclosure also constitutes disclosure for the purposes of the directors’ and senior managers’ disclosure obligations.

Certification

I, Geoff Ross, 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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