Appendix 3G

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
TOWER LIMITED
Date of this announcement
Friday January 13, 2023
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
Unlisted Share rights1,946,55713/01/2023
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

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
TOWER 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
645941028
1.3 ASX issuer code
TWR
1.4 The announcement is
1.5 Date of this announcement
13/1/2023
New announcement

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
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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

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
Unlisted Share rights
+Security type
Other
ISIN code

Date the +securities the subject of this notification were issued
13/1/2023
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?
Provide details of the KMP or +associates being issued +securities.
Name of KMPName of registered holderNumber of +securities
Blair TurnbullBlair Turnbull
939,840
Paul JohnstonPaul Johnston
222,858
Michelle FinchMichelle Finch
141,429
Anna KooperbergAnna Kooperberg
141,429
Ronald MudaliarRonald Mudaliar
171,429
Steven WilsonSteven Wilson
182,143
Greg MooreGreg Moore
147,429
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
issued.
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02620841-2A1425473?access_token=8
3ff96335c2d45a094df02a206a39ff4
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
https://www.tower.co.nz/wp-content/uploads/2022/12/Long-Term-Incentive-Plan-Rules-FINAL.pdf
Yes
Yes

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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Any other information the entity wishes to provide about the +securities the subject of this notification
n/a
Issue details
Number of +securities
1,946,557

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
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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
TWR : ORDINARY FULLY PAID FOREIGN EXEMPT NZX379,483,987
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
New class - code to be confirmed : Unlisted Share rights1,946,557