SGH LIMITED — Capital/Financing Update 2024

May 5, 2024

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6 May 2024

Company Announcements Office Australian Securities Exchange Limited 20 Bridge Street SYDNEY NSW 2000

Seven Group Holdings Limited (“Issuer”) A$250,000,000 4.625 per cent Exchangeable Notes due 2027 (“Notes”) (ISIN: XS2531934847)

In accordance with the terms and conditions of the Notes (“Conditions”), the Issuer hereby gives notice to Noteholders that, as a result of the fully franked Dividend of A$0.26 paid by Boral Limited (“Boral”) on 26 April 2024, the Exchange Price of the Notes has been adjusted from A$3.77 to A$3.608 under Condition 7(b)(iii) of the Conditions, effective 17 April 2024.

An adjustment to the Exchange Price is not expected to be required for the on-market share buy-back announced by Boral on 12 April 2024. In accordance with ASX Listing Rule 7.33, a company may only buy back shares under an on-market buy-back at a price which is not more than five per cent above the VWAP over the five trading days prior to the purchase. Therefore, no portion of the buy-back is expected to be treated as a dividend for the purposes of section 7(b)(iii) of the Conditions.

Capitalised terms not otherwise defined herein have the meanings given to them in the Conditions.

This release has been authorised to be given to ASX by the Managing Director & CEO of Seven Group Holdings Limited.

For investor information, please contact:

Daniel Levy - Head of IR and Communications +61 2 8777 7106 | investorrelations@sevengroup.com.au

Seven Group Holdings Limited is an Australian diversified operating group, with market leading businesses across industrial services, energy and media. In industrial services, SGH owns WesTrac and Coates, and holds an 85.8% interest in Boral. WesTrac is the sole authorised Caterpillar dealer in Western Australia, New South Wales and the Australian Capital Territory. Coates is Australia's largest industrial and general equipment hire business. Boral is Australia's largest and leading integrated construction materials business. In Energy, SGH has a 30.0% shareholding in Beach Energy, as well as interests in other energy assets in Australia and the United States. In Media, SGH has a 40.2% shareholding in Seven West Media, one of Australia's largest multiple platform media companies, including the Seven Network, 7plus and The West Australian.

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Seven Group Holdings Limited | ABN 46 142 003 469

Level 30, 175 Liverpool Street, Sydney NSW 2000 | Postal Address: PO Box 745, Darlinghurst NSW 1300 Telephone +61 2 8777 7574