26 August 2025

Cooks Coffee Company Limited

("Cooks Coffee", or the "Company")

Issue of equity, Director/PDMR shareholding and total voting rights

Issue of equity under master franchise agreement

Cooks Coffee Company (NZX:CCC; AQUIS:COOK), the international coffee focused café chain, announces that it has issued 1,680,672 ordinary shares in the Company ("Ordinary Shares") to Jaspreet Singh at an issue price of NZ$0.20 per share pursuant to the master franchise agreement ("MFA") for India with Sterling Coffee House Limited, details of which were announced on 8 May 2025. Pursuant to the MFA, it was agreed that Mr Singh, owner of Sterling Coffee House Limited, would subscribe for new Ordinary Shares in order to align the interests of the master franchisee with those of shareholders of Cooks Coffee. The subscription for the new Ordinary Shares by Mr Singh has raised NZ$334k for the Company. There are no further shares to be issued pursuant to the MFA.

Director dealing

The Company has been notified that Nikau Trust, a trust in which the non-executive Chairman of the Company Keith Jackson is a trustee, agreed with the Company to reclassify 458,000 of their non-voting shares as Ordinary Shares quoted on the New Zealand Stock Exchange.

Following the reclassification, Nikau Trust now holds 13,275,345 Ordinary Shares representing 19.99% of the ordinary share capital of the Company. Nikau Trust also holds 42,000 non-voting shares.

The regulatory announcement made in accordance with the rules of the New Zealand Stock Exchange is available here.

Admission to trading and total voting rights

Application has been made for the 2,138,672 new Ordinary Shares to be admitted to trading on the AQSE Growth Market, which is anticipated to occur on or around 1 September 2025 ("Admission").

Following the issue of the new Ordinary Shares, the Company's issued share capital consists of 66,377,342 ordinary shares, each with one voting right.  The Company also has 42,000 unquoted non-voting shares (which may be reclassified on written notice as quoted ordinary shares) in issue.

The figure of 66,377,342 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

Authorised for release by the Chair of Cooks Coffee.

Enquiries:

The following notification, made in accordance with the requirements of the UK Market Abuse Regulation, gives further detail.

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM