SUMMERSET GROUP HOLDINGS LIMITED — Director's Dealing 2021

Mar 31, 2021

==> picture [103 x 28] intentionally omitted <==

Initial Disclosure Notice

Disclosure of Directors and Senior Managers Relevant Interests

Sections 297(1) and 298(1), Financial Markets Conduct Act 2013

To NZX Limited; and Name of listed issuer: Date this disclosure made: Date on which issuer listed or appointment made:

Summerset Group Holdings Limited 1 April 2021 29 March 2021

Director or senior manager giving disclosure

Full name: Name of listed issuer: Name of related body corporate (if applicable): Position held in listed issuer:

Tania Smith Summerset Group Holdings Limited N/A Acting CFO

Summary of relevant interest (excluding specified derivatives)

Class of quoted financial product: Number held in class: Nature of relevant interest: Current registered holder:

Summerset Group Holdings Limited ordinary shares (NZX Code: SUM) 8,012 Holder of options to subscribe for ordinary shares pursuant to Summerset's LTI share option plan under which the options have not yet vested and become exercisable Tania Smith

Summary of specified derivatives relevant interest (if applicable)

Type of derivative: Class of underlying financial products:

Details of derivative

The notional value of the derivative (if any) or the notional amount of underlying products (if any):

A statement as to whether the derivative is cash settled or physically settled: Maturity date of the derivative (if any): Expiry date of the derivative (if any): The price specified in the terms of the derivative(if any): Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products:

For that derivative,-

Parties to the derivative: If the director or senior manager is not a party to the derivative, the nature of the relevant interest in the derivative:

N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A

Certification

I, 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.

Signature of director or officer: Date of signature: or Signature of person authorised to sign on behalf of director or officer: Date of signature: Name and title of authorised person:

==> picture [69 x 31] intentionally omitted <==

1 April 2021 N/A N/A N/A

Notes

Use this form to disclose the relevant interests that a director or senior manager of a listed issuer has in quoted financial products of the listed issuer or a related body corporate or a specified derivative. The disclosure must be made within 5 trading days of—

• (a) the listing of the public issuer; or

(b) the person’s appointment as a director or senior manager.