Notification regarding unquoted securities – ERD

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Notification of Issue, Conversion or Payment up of Unquoted
Equity Securities
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Announcement Summary
Entity name
EROAD LIMITED
Date of this announcement
Friday August 12, 2022
The +securities the subject of this notification are:
Total number of +securities to be issued/transferred
ASX +security
codeSecurity description
Total number of
+securities to be
issued/transferredIssue date
New class - code
to be confirmed
Performance Share Rights convertible to ERD
ordinary shares pursuant to an EROAD PSR Plan.
145,67105/05/2022
Refer to next page for full details of the announcement
+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX
For personal use only

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Notification of Issue, Conversion or Payment up of Unquoted
Equity Securities
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Part 1 - Entity and announcement details
1.1 Name of entity
EROAD LIMITED
We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.
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
12/8/2022
New announcement
For personal use only

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Notification of Issue, Conversion or Payment up of Unquoted
Equity Securities
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Part 2 - Issue details
2.1 The +securities the subject of this notification are:
2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and
which:
does not have an existing ASX security code ("new class")
+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX
For personal use only

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Notification of Issue, Conversion or Payment up of Unquoted
Equity Securities
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Part 3C - number and type of +securities the subject of this notification (new class) where issue has not previously been notified to ASX
in an Appendix 3B
ASX +security code
New class - code to be confirmed
+Security description
Performance Share Rights convertible to ERD ordinary
shares pursuant to an EROAD PSR Plan.
+Security type
Other
ISIN code

Date the +securities the subject of this notification were issued
5/5/2022
Will all the +securities issued in this class rank equally in all respects from their issue date?
Were any of the +securities issued to +key management personnel (KMP) or an +associate?
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
issued.
Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme
or a summary of the terms
The PSRs become exercisable on the participants still being employed by EROAD Limited or a subsidiary on 31
November 2023 and in certain other exceptional circumstances. On becoming exercisable, each PSR entitles the holder
to one fully paid ordinary EROAD Limited share, subject to adjustment in accordance with the plan rules and the
performance hurdles, ranking equally with all other EROAD Limited ordinary shares. PSRs do not entitle the holder to
receive dividends or other distributions, or note in respect of EROAD Limited ordinary shares, although under the terms of
the plan an additional number of shares will be issued on conversion of fully vested PSRs to reflect dividends paid to
EROAD Limited shares prior to exercise. Holders of PSRs cannot transfer or grant security interests over them.
Any other information the entity wishes to provide about the +securities the subject of this notification
Issue of 145,671 PSRs in connection to EROAD's acquisition of Coretex.
No
Yes
For personal use only

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Notification of Issue, Conversion or Payment up of Unquoted
Equity Securities
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Issue details
Number of +securities
145,671
For personal use only

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Notification of Issue, Conversion or Payment up of Unquoted
Equity Securities
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Part 4 - +Securities on issue
Following the issue, conversion or payment up of the +securities the subject of this application, the +securities 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)
ASX +security code and description
Total number of
+securities on issue
ERD : ORDINARY FULLY PAID FOREIGN EXEMPT NZX110,795,412
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 RIGHTS460,617
New class - code to be confirmed : Performance Share Rights convertible to ERD ordinary
shares pursuant to an EROAD PSR Plan.
145,671
For personal use only