SUMMERSET GROUP HOLDINGS LIMITED — Major Shareholding Notification 2021

Mar 7, 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 ASX

And

To Summerset Group Holdings Limited

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

Date of relevant event: 05 March 2021

Date this disclosure made: 08 March 2021

Date last disclosure made: 28 April 2020

Substantial product holder(s) giving disclosure

Full name(s): Fisher Funds Management Limited

Summary of substantial holding

Class of quoted voting products: Ordinary Shares

Summary for Fisher Funds Management Limited

For this disclosure,—

• (a) total number held in class: 11,888,951

• (b) total in class: 228,908,516

• (c) total percentage held in class: 5.194%

For last disclosure,—

• (a) total number held in class: 14,184,637

• (b) total in class: 227,983,045

• (c) total percentage held in class: 6.222%

Details of transactions and events giving rise to relevant event Details of the transactions or other events requiring disclosure:

Date of change	Nature of change	Consideration given inrelation to change	Class and number ofsecurities affected	Other party,if known
28/04/2020 to19/05/2020	On Market Purchases	-$8,488,291.54	1413620 Ordinary Shares	N/A
09/06/2020	On Market Sale	$1,084,715.60	163429 Ordinary Shares	N/A
09/06/2020 to29/06/2020	On Market Purchases	-$5,616,149.42	878538 Ordinary Shares	N/A
29/06/2020 to3/09/2020	On Market Sales	$16,424,821.67	1980468 Ordinary Shares	N/A
3/09/2020 to11/09/2020	On Market Purchases	-$939,409.74	110877 Ordinary Shares	N/A
11/09/2020 to05/03/2021	On market Sales	$25,745,156.86	2554824 Ordinary Shares	N/A

Details after relevant event

Details for Fisher Funds Management Limited

Nature of relevant interest(s): Fisher Funds Management Limited is the registered holder and non-beneficial owner of these securities. No relevant agreement documentation is required to be attached as the investment management contract exemption under regulation 14 applies.

For that relevant interest,—

• (a) number held in class: See below.

• (b) percentage held in class: See below.

• (c) current registered holder(s): See below.

• (d) registered holder(s) once transfers are registered: Unknown

No. held in class	Percentage held in class	Current registered holders
		TEA Custodians on behalf of the Fisher Funds New
11,888,951	5.194%	Zealand Growth Fund, Fisher Funds New ZealandPremium Fund, Kingfish Limited, Trans Tasman Equity
		Fund.

For a derivative relevant interest, also—

• (a) type of derivative: Not applicable

• (b) details of derivative: Not applicable

• (c) parties to the derivative: Not applicable

• (d) if the substantial product holder is not a party to the derivative, the nature of the relevant interest in the derivative: Not applicable

Additional information

Address(es) of substantial product holder(s): Fisher Funds Management Limited, Level 1, 67-73 Hurstmere Road, Takapuna, Auckland

Contact details: Angela Quirk, Angela@fisherfunds.co.nz, +64 9 487 2627

Nature of connection between substantial product holders: Fisher Funds Management Limited is the registered holder and non-beneficial owner of these securities

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, Angela Quirk, 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.