New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Equity Bottom-Up

<ul><li>EBOS Group’s (EBO), largest competitor Sigma (SIG.ASX) has confirmed it has signed a binding term sheet with Chemist Warehouse (CW) for both the Pharmaceutical and FMCG supply contracts for a period of five years commencing on 1 July 2024</li><li>EBO was previously the supplier for the pharmaceutical contract while SIG held the FMCG contract.</li><li>This is a material and surprising announcement for EBO given its high levels of service for CW, particularly considering SIG’s relative underperformance.</li></ul>

EBOS Group’s (EBO), largest competitor Sigma (SIG.ASX) has confirmed it has signed a binding term sheet with Chemist Warehouse (CW) for both the Pharmaceutical and FMCG supply contracts for a period of five years commencing on 1 July 2024EBO was previously the supplier for the pharmaceutical contract while SIG held the FMCG contract.This is a material and surprising announcement for EBO given its high levels of service for CW, particularly considering SIG’s relative underperformance.

EBOS Group (EBO): Chemist Warehouse Update – Sigma Wins Both Contracts

Ebos Group Ltd

EBOS Group (EBO): Chemist Warehouse Update – Sigma Wins Both Contracts