SPH Notice – Jarden Securities and Harbour Asset Management

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Disclosure of beginning to have substantial holding
Section 276, Financial Markets Conduct Act 2013

To NZX Limited
and
To EROAD Limited (ERD)
Date this disclosure made: 9 September 2022
Date on which substantial
holding began:
8 September 2022

Substantial product holder(s) giving disclosure
Full name(s):
Jarden Securities Limited and Harbour Asset Management
Limited


Summary of substantial holding:
Jarden Securities Limited:
Class of quoted voting products:
Ordinary Shares
Summary for:
Jarden Securities Limited (includes DIMS
holdings)
For this
disclosure -
(a) total number
held in class:
5,248,302
(b) total in class: 110,795,412
(c) total percentage
held in class:
4.737%

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Summary of substantial holding:
Harbour Asset Management Limited:
Class of quoted voting products:
Ordinary Shares
Summary for: Harbour Asset Management Limited
For this
disclosure -
(a) total number
held in class:
358,653
(b) total in class: 110,795,412
(c) total percentage
held in class:
0.324%



Summary of substantial holding:
All Related Bodies Corporate:
Class of quoted voting products:
Ordinary Shares
Summary for:
Jarden Securities Limited and Harbour Asset
Management Limited
For this
disclosure -
(a) total number
held in class:
5,606,955
(b) total in class: 110,795,412
(c) total percentage
held in class:
5.061%

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Details of Relevant Interests:
Details for: Jarden Securities Limited
(DIMS)
Jarden Securities Limited Harbour Asset Management
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 Shares.
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 Shares.
Harbour Asset Management
Limited has, as fund manager, 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
Shares, under investment powers
contained in investment
management agreements with
clients (the beneficial owners of
the product) or managed fund trust
deeds.
Number held in
class:
4,744,645 503,657 358,653
Percentage held in
class:
4.282% 0.455% 0.324%
Current registered
holder of financial
products:
FNZ Custodians Limited (as sub-
custodian of Jarden Custodial
Services Limited) and unknown
Jarden Securities Limited and
unknown
Various nominees or custodians
for and on behalf of Harbour
Asset Management Limited
Registered holder of
financial products
once transfer is
registered:
FNZ Custodians Limited (as sub-
custodian of Jarden Custodial
Services Limited)
Jarden Securities Limited and
unknown
Various nominees or custodians
for and on behalf of Harbour
Asset Management Limited

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Details of Transactions and Events Giving Rise to Relevant Event:
The transactions giving rise to this disclosure obligation are a result of on-market purchases and sales, net transfers out of DIMS
service and net in-specie transfers out re basket creations/redemptions of Shares by related bodies corporate Jarden Securities
Limited and Harbour Asset Management Limited since the last relevant event on 2 December 2021, as summarised in the table
below:
Details for: Jarden Securities Limited
(DIMS Service)
Jarden Securities Limited Harbour Asset Management
Limited
On-market purchases –
number of shares
664,326
3,796,932 629,221
On-market purchases –
gross consideration
$1,876,580 $11,122,441 $2,998,015
On-market sales –
number of shares
681,766 3,178,944 270,568
On-market sales –
gross consideration
$2,238,832 $10,362,370 $777,729
Net shares transferred
out of DIMS service
60,117 N/A N/A
Net in-specie transfers
out re basket
creations/redemptions
N/A 162,672 N/A

041898866/4161889.1

Additional information:
Address(es) of substantial
product holder(s):
Level 14, 171 Featherston Street, Wellington
Contact details:
Shane Willett
+ 64 04 496 5334
shane.willett@jarden.co.nz
Nature of connection between
substantial product holders:
Jarden Securities Limited and Harbour Asset
Management Limited are related bodies corporate.

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, Shane Willett, 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.