SPH Notice – Jarden Securities Limited

100080615/3821107.1 1
Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013

To NZX Limited
and
To EROAD Limited (ERD)
Date this disclosure made: 30 September 2020
Date last disclosure made: 26 February 2020
Date on which substantial
holding ceased:
24 September 2020

Substantial product holder(s) giving disclosure
Full name(s): Jarden Securities Limited


Summary of substantial holding

Jarden Securities Limited:
Class of quoted voting products:
Ordinary shares (Shares)


Summary for: Jarden Securities Limited
For last
disclosure -
(a) total number held in class:
3,429,480
(b) total in class:
68,278,772
(c) total percentage held in class: 5.023%
For current
holding
after
ceasing to
have a
substantial
holding -
(a) total number held in class:
3,635,911
(b) total in class:
79,070,851
(c) total percentage held in class: 4.598%

100080615/3821107.1 2
Details of transactions and events giving rise to ceasing of substantial holding:
The transactions/events giving rise to this disclosure obligation are on-market buys and sells by Jarden Securities Limited since the previous
relevant event on 25 February 2020, as summarised in the table below.
Also included in the table below are all off market movements in the DIMS service provided by Jarden Securities Limited since the previous
relevant event on 25 February 2020.
Details for: Jarden Securities Limited (DIMS) Jarden Securities Limited
Nature of relevant interest(s):
Jarden Securities Limited has, as provider of
discretionary investment management services
(DIMS) under various investment management
agreements with clients (the beneficial owners of
the product), the power to exercise (or control the
exercise of) a right to vote attached to, and power
to acquire or dispose of (or control the acquisition
or disposal of), the Convertible Notes
As beneficial owner, through normal on-
market trading activity, with the power to
exercise (or control the exercise of) a right
to vote attached to, and power to acquire
or dispose of (or control the acquisition or
disposal of), the Convertible Notes
On-market purchases – number of
shares

643,580

391,357
On-market purchases – Gross
Consideration

$1,957,419

$1,370,572
On-market sales – number of shares

299,335

609,551
On-market sales – Gross
Consideration

$1,017,961

$1,971,912
Net transfers into DIMS service

35,380

N/A
Placement of new Shares on
24 Sep 2020 @ $3.90 per share

45,000

N/A

100080615/3821107.1 3

Additional information
Address(es) of substantial
product holder(s):
Level 14, 171 Featherston Street, Wellington
Contact details:
Kate Livingston
+ 64 9 307 5747
kate.livingston@jarden.co.nz
Nature of connection
between substantial product
holders:
N/A

Name of any other person believed to have given, or believed to be required to give, a
disclosure under the Financial Markets Conduct Act 2013 in relation to the financial
products to which this disclosure relates: none.
Certification
I, Kate Livingston, 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.