Notice of Watershed Meeting of Creditors to Decide the Companies’ Future

Pursuant to Section 239AU of the Companies Act 1993

Notice is given that:

1. Stephen White and John Fisk, both Licenced Insolvency Practitioners of PricewaterhouseCoopers New Zealand (“PwC”), were appointed joint and several administrators (“administrators”) of the companies by the directors on 7 August 2023.

2. The watershed meeting of the creditors of the companies to decide the companies' future will be held on Monday, 11 September 2023 at 11.00am. The meeting will be held at the following location: Level 27, PwC Tower, 15 Customs Street West, Auckland 1010.

3. The business to be dealt with at the watershed meeting is to:

1. consider the administrators’ report and opinion about the companies’ business, property, affairs and financial circumstances;
2. determine the future of the companies and to address any other business that may be lawfully brought forward.

4. The texts of the resolutions to be voted on at the watershed meeting are as follows and strictly in the following order:

1. That a Deed of Company Arrangement (“DOCA”) be approved; or
2. That the companies should be placed into liquidation; or
3. That the administration end and control of the companies be returned to their directors.

5. Creditors may exercise their right to vote by being present in person, or by appointing a proxy or by postal vote. Postal votes, which must be received no later than 11.00am, Thursday 7 September 2023 and should be sent to: BROTHERS BEER HOLDINGS LIMITED, BROTHERS BEER LIMITED and BROTHERS WHOLESALE LIMITED (administrators appointed), c/- PwC, Private Bag 96162, Level 27, 15 Customs Street West, Auckland 1010. Attention: Zulfiana Begum or by email to: nz_brothersbeer@pwc.com.

Dated this 1st day of September 2023.

STEPHEN WHITE, Administrator.