Ongoing Disclosure Notice – Jarred Clayton

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:
EROAD Limited
Date this disclosure made:
13 August 2020
Date of last disclosure:
12 September 2019
Director or senior manager giving disclosure
Full name(s):
Jarred Blair Clayton
Name of listed issuer:
EROAD Limited
Name of related body corporate (if applicable):
Not applicable
Position held in listed issuer:
Chief Technology Officer
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Ordinary shares in EROAD
Limited (ERD)
Nature of the affected relevant interest(s):
Registered holder and
beneficial owner
For that relevant interest-
Number held in class before acquisition or disposal:
394,217
Number held in class after acquisition or disposal:
269,217
Current registered holder(s):
Jarred Blair Clayton
Registered holder(s) once transfers are registered:
Not applicable
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: 1
Details of transactions requiring disclosure-
Date of transaction:14 August 2020
Nature of transaction:
On market sale of 125,000
EROAD ordinary shares
Name of any other party or parties to the transaction (if known):Unknown
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:
$480,000.00
Number of financial products to which the transaction related: 125,000
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:Yes
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
Yes
Date of the prior written clearance (if any):
7-Aug-20
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:
Ordinary shares in EROAD
Limited (ERD)
Nature of relevant interest:
Beneficial owner of
ordinary shares pursuant
to EROAD Limited's Long
Term Incentive Plan,
subject to certain
performance targets being
met upon which the shares
will vest
For that relevant interest,-
Number held in class:93,602
Current registered holder(s):
EROAD LTI Trustee
Limited
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,-
Not applicable
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:
13 August 2020
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
Name and title of authorised person: