Capital Change Notice – Ordinary Shares

CAPITAL CHANGE NOTICE

Section 1: Issuer information
Name of issuer Serko Limited (“Serko”)
NZX ticker code SKO
Class of financial product
Ordinary shares in Serko Limited
ISIN NZSKOE0001S7
Currency NZD
Section 2: Capital change details
Number of issuances to which this notice relates 1
Number issued/acquired/redeemed
20,420 ordinary shares
Nominal value (if any) N/A
Issue/acquisition/redemption price per security
Nil
Nature of the payment (for example, cash or other
consideration)
No cash consideration was required to be paid for the
restricted share units to vest. Non-cash consideration
is provided in the form of services rendered and to be
rendered by the holders as employees of Serko.
Amount paid up (if not in full) Fully paid
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)
1

0.017% (to 3dp) of the ordinary shares on issue pre-
vesting.
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)
N/A

Reason for issue/acquisition/redemption and specific
authority for issue/acquisition/redemption/ (the reason for
change must be identified here)
Vesting of 20,420 restricted share units under the
Serko 2019 (ANZ) Long Term Incentive Scheme
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.
120,443,023 ordinary shares on issue

There are also 96,855 unlisted options outstanding,
taking into account all forfeited options to date.

There are also 2,441,190 unlisted restricted share
units outstanding, taking into account all forfeited
restricted share units to date.
In the case of an acquisition of shares, whether those shares
are to be held as treasury stock
N/A
Specific authority for the issue, acquisition, or redemption,
including a reference to the rule pursuant to which the issue,
acquisition, or redemption is made
Directors’ resolution, Listing Rule 4.6

1

The percentage is to be calculated immediately before the issue, acquisition, redemption or Conversion.

Serko Limited, Saatchi Building, Unit 14D 125 The Strand, Parnell, Auckland, New Zealand
PO Box 47-638, Ponsonby, T: +64 9 309 4754, F: +64 9 377 0545, investor.relations@serko.com
Incorporated in New Zealand ARBN 611 613 980

Terms or details of the issue, acquisition, or redemption (for
example: restrictions, escrow arrangements)
The ordinary shares issued rank pari passu with the
existing ordinary shares
Date of issue/acquisition/redemption 30 November 2022
Section 3: Authority for this announcement and contact person
Name of person authorised to make this announcement Sarah Miller
Contact person for this announcement Sarah Miller, General Counsel
Contact phone number
+64 09 884 5916
Contact email address investor.relations@serko.com
Date of release through MAP 30 November 2022

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Application for quotation of +securities
Application for quotation of +securities
1 / 6
Announcement Summary
Entity name
SERKO LIMITED
Announcement Type
New announcement
Date of this announcement
Wednesday November 30, 2022
The +securities to be quoted are:
Total number of +securities to be quoted
ASX +security
codeSecurity description
Number of +securities to
be quotedIssue date
SKOORDINARY FULLY PAID FOREIGN EXEMPT
NZX
20,42030/11/2022
Refer to next page for full details of the announcement
+Securities issued under an +employee incentive scheme that are not subject to a restriction on transfer or that are to be
quoted notwithstanding there is a restriction on transfer

Application for quotation of +securities
Application for quotation of +securities
2 / 6
Part 1 - Entity and announcement details
1.1 Name of entity
SERKO 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
611613980
1.3 ASX issuer code
SKO
1.4 The announcement is
1.5 Date of this announcement
30/11/2022
New announcement

Application for quotation of +securities
Application for quotation of +securities
3 / 6
Part 2 - Type of Issue
2.1 The +securities to be quoted are:
2.2 The +securities to be quoted are:
Additional +securities in a class that is already quoted on ASX ("existing class")
+Securities issued under an +employee incentive scheme that are not subject to a restriction on transfer or that are to be
quoted notwithstanding there is a restriction on transfer

Application for quotation of +securities
Application for quotation of +securities
4 / 6
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 issued under an +employee incentive scheme
FROM (Existing Class)
ASX +security code and description
SKOAB : RESTRICTED SHARE UNITS
TO (Existing Class)
ASX +security code and description
SKO : ORDINARY FULLY PAID FOREIGN EXEMPT NZX
Please state the number of +securities issued under the +employee incentive scheme that are not subject to a
restriction on transfer or that are to be quoted notwithstanding there is a restriction on transfer
20,420
Please provide details of a URL link for a document lodged with ASX detailing the terms of the +employee
incentive scheme or a summary of the terms
https://4389989.fs1.hubspotusercontent-na1.net/hubfs/4389989/Serko%20-%20Investor%20Centre/FY22/Serko-ESGRep
ort-2022.pdf
Are any of these +securities being issued to +key management personnel (KMP) or an +associate
Provide details of the KMP or +associates being issued +securities
Name of KMPName of registered holderNumber of +securities
Shane SampsonShane Sampson
15,420
Issue date
30/11/2022
Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued
+securities in that class?
Yes
Yes

Application for quotation of +securities
Application for quotation of +securities
5 / 6
Issue details
Number of +securities to be quoted
20,420
Are the +securities being issued for a cash consideration?
Please describe the consideration being provided for the +securities
Non-cash consideration is provided in the form of services rendered and to be rendered by the holder as an employee of
Serko
Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the
+securities to be quoted
2.210000
Any other information the entity wishes to provide about the +securities to be quoted
No

Application for quotation of +securities
Application for quotation of +securities
6 / 6
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
SKO : ORDINARY FULLY PAID FOREIGN EXEMPT NZX120,443,023
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
SKOAA : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES96,855
SKOAB : RESTRICTED SHARE UNITS2,441,190