Ongoing Disclosure Notice - Senior Manager

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013

To NZX Limited; and
Name of listed issuer: Bremworth Limited
Date this disclosure made: 11 April 2022
Date of last disclosure: 13 September 2021

Director or senior manager giving disclosure
Full name(s): Gregory Russell Smith
Name of listed issuer: Bremworth Limited
Name of related body corporate (if applicable): Not applicable
Position held in listed issuer: Chief Executive Officer

Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products: Options to acquire ordinary shares
Nature of the affected relevant interest(s): Legal and beneficial

For that relevant interest-
Number held in class before acquisition or disposal: 500,000 fully paid up ordinary shares and 480,000 options to acquire ordinary shares
Number held in class after acquisition or disposal: 500,000 fully paid up ordinary shares and 1,000,000 options to acquire ordinary shares
Current registered holder(s): Not applicable
Registered holder(s) once transfers are registered: Gregory Russell Smith

Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative: Not applicable
Class of underlying financial products: Not applicable

Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of underlying financial products (if any): Not applicable
A statement as to whether the derivative is cash settled or physically settled: Not applicable
Maturity date of the derivative (if any): Not applicable
Expiry date of the derivative(if any): Not applicable
The price specified in the terms of the derivative (if any): Not applicable
Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products: Not applicable
For that derivative,-
Parties to the derivative: Not applicable
If the director or senior manager is not a party to the derivative, the nature of the relevant interest in the derivative: Not applicable

Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates: One

Details of transactions requiring disclosure-
Date of transaction: 8 April 2022
Nature of transaction: Award of options to acquire ordinary shares
Name of any other party or parties to the transaction (if known): Not applicable
The consideration, expressed in New Zealand dollars, paid or received for the acquisition or disposal. If the consideration was not in cash and cannot be readily by converted into a cash value, describe the consideration: Nil
Number of financial products to which the transaction related: 520,000 options to acquire ordinary shares
If the issuer has a financial products trading policy that prohibits directors or senior managers from trading during any period without written clearance (a closed period) include the following details—
Whether relevant interests were acquired or disposed of during a closed period: No
Whether prior written clearance was provided to allow the acquisition or disposal to proceed during the closed period: Not applicable
Date of the prior written clearance (if any): Not applicable

Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products: Not applicable
Nature of relevant interest: Not applicable
For that relevant interest,-
Number held in class: Not applicable
Current registered holder(s): Not applicable
For a derivative relevant interest,-
Type of derivative: Not applicable

Details of derivative,-
The notional value of the derivative (if any) or the notional amount of underlying financial products (if any): Not applicable
A statement as to whether the derivative is cash settled or physically settled: Not applicable
Maturity date of the derivative (if any): Not applicable
Expiry date of the derivative (if any): Not applicable
The price's specified terms (if any): Not applicable
Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products: Not applicable
For that derivative relevant interest,-
Parties to the derivative: Not applicable
If the director or senior manager is not a party to the derivative, the nature of the relevant interest in the derivative: Not applicable

Certification
I, 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.
Signature of director or officer:
Date of signature:
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature: 11 April 2022
Name and title of authorised person: Victor Tan, CFO/Company Secretary

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