SPH Notice – Jarden Securities Limited

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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: 19 December 2022
Date on which substantial
holding began:
16 December 2022

Substantial product holder(s) giving disclosure
Full name(s): Jarden Securities Limited.

Includes related body corporate 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:
5,729,448
(b) total in class: 110,795,412
(c) total percentage
held in class:
5.171%

Harbour Asset Management Limited:
Has no holding in ERD Shares as at 16 December 2022.

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Details of Relevant Interests:
Details for: Jarden Securities Limited (DIMS) Jarden Securities Limited
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.
Number held in
class:
4,429,448 1,300,000
Percentage held in
class:
3.998% 1.173%
Current registered
holder of financial
products:
FNZ Custodians Limited (as sub-custodian of
Jarden Custodial Services Limited) and
unknown
Jarden Securities Limited and unknown
Registered holder of
financial products
once transfer is
registered:
FNZ Custodians Limited (as sub-custodian of
Jarden Custodial Services Limited) and
unknown
Jarden Securities 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 in re basket creations/redemptions of Shares by Jarden Securities Limited since the last relevant
event on 5 December 2022, as summarised in the table below.
Also included in the table are on-market sales by related body corporate, Harbour Asset Management Limited, since the last relevant
event on 5 December 2022.
Details for: Jarden Securities Limited (DIMS
Service)
Jarden Securities Limited Harbour Asset Management
Limited
On-market purchases –
number of shares
12,000
719,517 Nil
On-market purchases –
gross consideration
$11,520 $669,496 N/A
On-market sales –
number of shares
118,031 14,180 294,183
On-market sales –
gross consideration
$134,314 $16,810 $301,617
Net shares transferred
out of DIMS service
23,405 N/A N/A
Net in-specie transfers
in re basket
creations/redemptions
N/A 663 N/A

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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.