In accordance with section 45 of the Takeovers Act 1993, the Takeovers Panel on 13 May 2021 approved the granting of the exemptions contained in the Takeovers Code (Southern Hospitality Limited) Exemption Notice 2021.

The exemptions apply to acts or omissions on or after 3 May 2018, to and including 18 December 2018 and expires on 10 August 2021.

The exemptions and the reasons for granting it may be viewed at: https://www.takeovers.govt.nz/assets/Exemptions/Takeovers-Code-Southern-Hospitality-Limited-Exemption-Notice-2021.pdf.

Dated at Auckland this 17th day of June 2021.