In accordance with section 45 of the Takeovers Act 1993, on 27 June 2024 the Takeovers Panel approved the granting of the exemptions contained in the Takeovers Code (Rangatira Limited) Exemption Notice 2024.

The exemption and the reasons for granting it may be viewed at: https://www.takeovers.govt.nz/assets/Exemptions/ac63d83465/Takeovers-Code-Rangatira-Limited-Exemption-Notice-2024.pdf.

Dated at Auckland this 4th day of July 2024.