EROAD provides Capital Change Notice and Appendix 2A

Capital Change Notice

Updated as at 17 October 2019


Section 1: Issuer information
Name of issuer EROAD Limited
NZX ticker code ERD
Class of financial product Fully paid ordinary shares
ISIN (If unknown, check on NZX website) NZERDE0001S5
Currency NZD
Section 2: Capital change details
Number issued/acquired/redeemed 13,317,000
Nominal value (if any) Not applicable
Issue/acquisition/redemption price per security NZ$6.00
Nature of the payment (for example, cash or other
consideration)
In partial satisfaction of the
consideration payable by
EROAD Financial Services
Limited (a wholly owned
subsidiary of EROAD Limited)
to the vendors of Coretex
Limited
Amount paid up (if not in full) Not applicable
Percentage of total class of Financial Products
issued/acquired/redeemed/ (calculated on the number of
Financial Products of the Class, excluding any Treasury Stock,
in existence)
13.726%
For an issue of Convertible Financial Products or Options, the
principal terms of Conversion (for example the Conversion
price and Conversion date and the ranking of the Financial
Product in relation to other Classes of Financial Product) or the
Option (for example, the exercise price and exercise date)
Not applicable
Reason for issue/acquisition/redemption and specific authority
for issue/acquisition/redemption/ (the reason for change must
be identified here)
Issue of ordinary shares in
partial satisfaction of the
consideration payable by
EROAD Financial Services
Limited (a wholly owned
subsidiary of EROAD Limited)
to the vendors of Coretex
Limited for the acquisition of
100% of the shares in Coretex
Limited.
Total number of Financial Products of the Class after the
issue/acquisition/redemption/Conversion (excluding Treasury
Stock) and the total number of Financial Products of the Class
held as Treasury Stock after the issue/acquisition/redemption.
110,338,787
In the case of an acquisition of shares, whether those shares
are to be held as treasury stock
Not applicable

Specific authority for the issue, acquisition, or redemption,
including a reference to the rule pursuant to which the issue,
acquisition, or redemption is made
The share purchase plan is
made pursuant to NZX Listing
Rule 4.1.1 and has received
approval by shareholder
resolution dated 30 July 2021.
Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
Issue of ordinary shares which
rank equally with all other fully
paid ordinary shares in
EROAD Limited.
The ordinary shares will be
subject to escrow
arrangements as announced
on 14 July 2021.
Date of issue/acquisition/redemption 30 November 2021
Section 3: Authority for this announcement and contact person
Name of person

authorised to make this announcement Mark Heine
Contact person for this announcement Mark Heine
Contact phone number +64 27 973 2106
Contact email address mark.heine@eroad.com
Date of release through MAP

1 December 2021

---

Application for quotation of +securities
Application for quotation of +securities
1 / 5
Announcement Summary
Entity name
EROAD LIMITED
Announcement Type
New announcement
Date of this announcement
Wednesday December 01, 2021
The +securities to be quoted are:
Total number of +securities to be quoted
ASX +security
codeSecurity description
Number of +securities to
be quotedIssue date
ERDORDINARY FULLY PAID FOREIGN EXEMPT
NZX
13,317,00030/11/2021
Refer to next page for full details of the announcement
Other

Application for quotation of +securities
Application for quotation of +securities
2 / 5
Part 1 - Entity and announcement details
1.1 Name of entity
EROAD LIMITED
We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix
2A of the ASX Listing Rules.
1.2 Registered number type
ARBN
Registration number
643840519
1.3 ASX issuer code
ERD
1.4 The announcement is
1.5 Date of this announcement
1/12/2021
New announcement

Application for quotation of +securities
Application for quotation of +securities
3 / 5
Part 2 - Type of Issue
2.1 The +securities to be quoted are:
2.2 The +securities to be quoted are:
2.3c Have these +securities been offered under a +disclosure document or +PDS?
2.3d Please provide any further information needed to understand the circumstances in which you are applying to
have these +securities quoted on ASX, including why the issue of the +securities has not been previously
announced to the market in an Appendix 3B
In partial satisfaction of the consideration payable by EROAD Financial Services Limited (a wholly owned subsidiary of
EROAD Limited) to the vendors of Coretex Limited
2.4 Any on-sale of the +securities to be quoted within 12 months of their date of issue will comply with the
secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of:
An applicable ASIC instrument or class order
No
Additional +securities in a class that is already quoted on ASX ("existing class")
Other

Application for quotation of +securities
Application for quotation of +securities
4 / 5
Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an
Appendix 3B
Additional +securities to be quoted in an existing class
ASX +security code and description
ERD : ORDINARY FULLY PAID FOREIGN EXEMPT NZX
Issue date
30/11/2021
Will the +securities to be quoted rank equally in all respects from their issue date with the
existing issued +securities in that class?
Issue details
Number of +securities to be quoted
13,317,000
Are the +securities being issued for a cash consideration?
Please describe the consideration being provided for the +securities
In partial satisfaction of the consideration payable by EROAD Financial Services Limited (a wholly owned subsidiary of
EROAD Limited) to the vendors of Coretex Limited
Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the
+securities to be quoted
5.726400
Any other information the entity wishes to provide about the +securities to be quoted
In partial satisfaction of the consideration payable by EROAD Financial Services Limited (a wholly owned subsidiary of
EROAD Limited) to the vendors of Coretex Limited
The purpose(s) for which the entity is issuing the securities
To pay for the acquisition of an asset
Please provide additional details
In partial satisfaction of the consideration payable by EROAD Financial Services Limited (a wholly owned subsidiary of
EROAD Limited) to the vendors of Coretex Limited
No
Yes

Application for quotation of +securities
Application for quotation of +securities
5 / 5
Part 4 - Issued capital following quotation
Following the quotation of the +securities the subject of this application, the issued capital of the entity will
comprise:
(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one
application for quotation/issuance currently with ASX for processing.)
4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the
+securities subject of this application)
ASX +security code and description
Total number of
+securities on issue
ERD : ORDINARY FULLY PAID FOREIGN EXEMPT NZX110,338,787
4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)
ASX +security code and description
Total number of
+securities on issue
ERDAA : PERFORMANCE SHARE RIGHTS925,763