Notice of Appointment of Administrators and
Notice of First Meeting of Creditors

Pursuant to Sections 239ADW(1)(b) and 239AO(1)(b) of the Companies Act 1993 (“Act”)

Notice of Appointment

We give notice that on 2 October 2025, Rees Logan and George Bannerman, Licensed Insolvency Practitioners of BDO Auckland, Registration Numbers IP34 and IP147 respectively, were appointed joint and several administrators (“administrators”) of the above-named entities, in accordance with section 239K of the Act by NZGT Security Trustee Limited.

Notice to Creditors

All creditors should forward details of any claim they may have against the entities, including details of any claims made against the assets of the Entities in the prescribed claim form, to the administrators at the address detailed below. Claim forms have been sent to creditors and are also available on request.

Notice of Joint First Meeting of Creditors

Notice is now given that a meeting of the creditors of the entities will be jointly held (in accordance with section 239AL of the Act) on 14 October 2025 at BDO Auckland, Level 4, BDO Centre, 4 Graham Street, Auckland 1010 at 10.30am.

If any creditor wishes to object to the joint meeting, they must submit their objections to the administrators to the address detailed below to be received no later than on 10 October 2025 at 10.30am. Unless any creditor objects in accordance with this notice, all creditors will be taken to have agreed to the joint meeting. Notwithstanding that the first creditors meeting may be a joint meeting, voting for the motions will be conducted separately for each of the entities.

Creditors may also attend online (Microsoft Teams) by giving notice to bri.akl@bdo.co.nz before 10.30am (NZST) on 10 October 2025.

The business to be dealt with at the meeting is for creditors of each of the entities to decide:

1. whether to appoint a creditors’ committee and, if so, its members; and
2. whether to replace the administrators.

Dated this 6th day of October 2025.

REES LOGAN, Administrator.

All creditor and shareholder enquiries are directed to: BDO Auckland, Level 4, BDO Centre, 4 Graham Street, Auckland 1010. Postal Address: PO Box 2219, Auckland 1010. Email: bri.akl@bdo.co.nz.