Notification of issue of shares

4 April 2018


NZX Announcement
(NZX Code: SDL)

NZX Alternative Market - Notice pursuant to Listing Rule 7.11.1

For the purposes of NZAX Listing Rule 7.11.1, Solution Dynamics Limited (NZX: SDL) advises the
following securities have been issued and allotted on 4 April 2018.

(a) Class of Security and ISIN: Ordinary shares

(b) Number issued or acquired: 310,000

(c) Nominal value and issue price or acquisition price: N/A

(d) Whether payment was in cash: $0.375 per share

(e) Any amount paid up: Fully paid ordinary shares

(f) Percentage of the total Class of Securities issued or
acquired:
2.18%

(g) Reason for the issue or acquisition: Issue of shares following the
exercise of share options
pursuant to Solution Dynamics
Employee Share Option Plan
2014

(h) Specific authority for the issue or acquisition: Board resolution

(i) Terms or details of the issue or acquisition: Effective 20 March 2014 the
Board authorised the issue of
share options to six key staff
members – at an exercise
price of $0.375 per share and
which may be exercised by the
participant (in whole or part) in
the period from 3 years to 4 ½
years from the date that they
are granted.

(j) Total number of Securities of the Class in existence after
the issue or acquisition:
14,559,810

(k) In the case of an acquisition of shares by an Issuer which is
a company registered under the Companies Act 1993,
whether those shares are to be held as Treasury Stock:
N/A

(l) Dates of issue or acquisition: 4 April 2018


John McMahon, Chairman (+61-(0)410-411 806