Savor Limited — Share Issue/Capital Change 2021

Oct 20, 2021

==> picture [101 x 49] intentionally omitted <==

Capital Change Notice

Section 1: Issuer information
Name of issuer	Savor Limited
NZX ticker code	SVR
Class of financial product	Ordinary Shares
ISIN (If unknown, check on NZX website)	NZMOAE0001S1
Currency	NZ$
Section 2: Capital change details
Number acquired	534,598
Nominal value (if any)	N/A
Acquisition price per security	$0.44
Nature of the payment (for example, cash or other consideration)	Cash
Amount paid up (if not in full)	Paid in full
Percentage of total class of Financial Products acquired (calculated on the number of Financial Products of the Class, excluding any Treasury Stock, in existence)	0.862%
For an issue of Convertible Financial Products or Options, the principal terms of Conversion (for example the Conversion price and Conversion date and the ranking of the Financial Product in relation to other Classes of Financial Product) or the Option (for example, the exercise price and exercise date)	N/A
Reason for acquisition and specific authority for acquisition (the reason for change must be identified here)	Acquisition of less than 1,696 parcel size shareholdings from 694 shareholders, reducing the number of registered shareholders by 694
Total number of Financial Products of the Class after the acquisition (excluding Treasury Stock) and the total number of Financial Products of the Class held as Treasury Stock after the acquisition.	61,482,169
In the case of an acquisition of shares, whether those shares are to be held as treasury stock	No – cancelled on acquisition
Specific authority for the issue, acquisition, or redemption, including a reference to the rule pursuant to which the issue, acquisition, or redemption is made	Director resolution following notice given on or about 16 July 2021 to holders of less than Minimum Holdings, with the acquisition completed under section 61(7) Companies Act 1993, NZX Listing Rule 8.1.6(c) and in accordance with clauses 14 and 18 of Savor Limited’s constitution.

Terms or details of the issue, acquisition, or redemption (for example: restrictions, escrow arrangements)	N/A
Date of acquisition	19/10/21
Section 3: Authority for this announcement and contact person
Name of person authorised to make this announcement	Tim Peat
Contact person for this announcement	Tim Peat
Contact phone number	021 049 7442
Contact email address	tim@savor.co.nz
Date of release through MAP	20/10/21