Capital Change Notice

10 December 2020
Capital Change Notice

Turners Automotive Group advises that it has acquired its own securities. The following
information is provided in accordance with Listing Rule 3.13.1

Section 1: Issuer information
Name of issuer Turners Automotive Group Limited
NZX ticker code TRA
Class of financial product Ordinary shares
ISIN NZVNLE0001S1
Currency NZD
Section 2: Capital change details
Number acquired 10,462
Nominal value (if any) n/a
Acquisition price per security $2.91
Nature of the payment Cash
Amount paid up (if not in full) n/a
Percentage of total class of Financial Products 0.0122%
For an issue of Convertible Financial Products or Options, the
principal terms of Conversion

n/a
Reason for acquisition and specific authority for acquisition Buy back of Surplus Ordinary Shares
in the Employee Share Scheme
which the Board believe is in the
best interests of the Company and
its shareholders
Total number of Financial Products of the Class after the
acquisition (excluding Treasury Stock) and the total number of
Financial Products of the Class held as Treasury Stock after the
acquisition
85,544,248
Treasury Stock: nil
In the case of an acquisition of shares, whether those shares are
to be held as treasury stock
No, shares acquired cancelled
Specific authority for the acquisition, including a reference to the
rule pursuant to which the issue, acquisition, or redemption is
made
Board resolution dated 4 December
2020
Terms or details of the acquisition Off market share acquisition
Date of acquisition 04/12/2020
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement Aaron Saunders
Contact person for this announcement Aaron Saunders
Contact phone number 027 493 8794
Contact email address Aaron.Saunders@turners.co.nz
Date of release through MAP

10/12/2020