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TruScreen Rights Issue Offer Opens

Capital Raise27 February 2023TRUIndustrials

TRUSCREEN GROUP LIMITED | RIGHTS ISSUE OFFER DOCUMENT l 1
TruScreen Group Limited

Rights Issue Offer Document

1 for 5 renounceable rights

offer of ordinary shares

Dated 28 February 2023

A world

without

cervical

cancer.

This Offer Document is an important document. You should read the whole document before

deciding what action to take with your Rights. If you have any doubts as to what you should

do, please consult your broker, financial, investment or other professional advisor. This Offer

Document may not be distributed outside New Zealand or Australia.

©

TRUSCREEN GROUP LIMITED | RIGHTS ISSUE OFFER DOCUMENT l 1
Contents

Important Information2

Letter from the Chair4

Key Terms of the Offer5

Important Dates7

Actions to be taken by Eligible Shareholders 8

Business Overview 11

Terms of the Offer 14

Glossary19

Directory21

TRUSCREEN GROUP LIMITED | RIGHTS ISSUE OFFER DOCUMENT l 2
Important Information

Additional information available under TruScreen’s

disclosure obligations

TruScreen is subject to continuous disclosure

obligations under the NZX Main Board Listing Rules.

Further information relating to the Offer can also be

found in TruScreen’s recent market announcements

and its most recent unaudited financial statements

for the six-month period ended 30 September 2022,

which can be accessed online at www.nzx.com under

the ticker code “TRU”.

TruScreen may, during the Offer, make additional

releases to NZX. To the maximum extent permitted

by law, no release by TruScreen to NZX will permit

an Applicant to withdraw any previously submitted

Application without TruScreen’s prior consent.

We encourage you to read this document and to

seek investment advice from a suitably qualified

professional adviser before you consider investing.

Offering restrictions

This Offer Document is intended for use only in

connection with the Offer to Eligible Shareholders. To

be an Eligible Shareholder you must be:

• A Shareholder with a registered address in New

Zealand; or

• A Shareholder with a registered address in

Australia.

This Offer Document does not constitute an offer or

invitation in any country in which, or to any person to

whom, it would not be lawful to make such an offer or

invitation.

This Offer Document may not be sent or given to

any person outside New Zealand or Australia. The

distribution of this Offer Document (including an

electronic copy) outside New Zealand or Australia may

be restricted by law. In particular, this Offer Document

may not be distributed to any person, and the New

Shares may not be offered or sold, in any country

outside New Zealand or Australia except as detailed

in this Offer Document, or as TruScreen may otherwise

determine in compliance with applicable laws.

Neither this Offer Document nor the Application Form

may be released or distributed in the United States.

General Information

This Offer Document has been prepared by TruScreen

Group Limited (TruScreen) in connection with a 1 for 5

renounceable rights offer of New Shares, followed by

an Oversubscription Bookbuild Facility (Offer).

The Offer is made to Eligible Shareholders in New

Zealand pursuant to the exclusion in clause 19 of

schedule 1 of the Financial Markets Conduct Act 2013

(FMCA).

This Offer Document is not a product disclosure

statement for the purposes of the FMCA, and does not

contain all of the information that an investor would

find in a product disclosure statement or which may

be required to make an informed decision about the

Offer or TruScreen.

The Offer is made to Eligible Shareholders in Australia

pursuant to the provisions of the Corporations

Act 2001 (Cth) (Corporations Act) (as modified by

Australian Securities and Investments Commission

(ASIC) Corporations (Non-Traditional Rights Issues)

Instrument 2016/84 (ASIC Instrument 2016/84) and

ASIC Instrument 23-0122. The Rights will not be quoted

on the NZX Main Board or the Australian Securities

Exchange (ASX).

This Offer Document is not a prospectus, product

disclosure statement or any other formal disclosure

document for the purposes of Australian law or the

Corporations Act and is not required to, and does not,

contain all the information which would be required

in a disclosure document under Australian law or

the Corporations Act. It may contain references to

dollar amounts which are not Australian dollars, may

contain financial information which is not prepared

in accordance with Australian law or practices, may

not address risks associated with investment in foreign

currency denominated investments and does not

address Australian tax issues. TruScreen is a company

which is incorporated in New Zealand and the

relationship between it and investors will be largely

governed by New Zealand law.

This Offer Document has not been, and will not be,

lodged or registered with ASIC and TruScreen is not

subject to the continuous disclosure requirements

under the Corporations Act or the ASX Listing

Rules. TruScreen is only required to comply with the

continuous disclosure rules of the NZX Listing Rules.

Prospective investors should not construe anything in

this Offer Document as legal, business or tax advice

nor as financial product advice for the purposes of

Chapter 7 of the Corporations Act.

TRUSCREEN GROUP LIMITED | RIGHTS ISSUE OFFER DOCUMENT l 3
Forward looking statements

This document contains certain statements that relate

to the future. Such forward looking statements are not

a guarantee of future performance and involve known

and unknown risks, uncertainties, assumptions and

other factors, many of which are beyond the control

of TruScreen and which may cause the actual results,

performance or achievements of TruScreen to differ

materially from those expressed or implied by such

statements.

Under no circumstances should you regard the inclusion

of forward looking statements in this document as a

guarantee of future performance.

The statements, although made in good faith,

involve known and unknown risks, uncertainties and

assumptions, many of which are beyond the control

of TruScreen.

Withdrawal and date changes

Subject to compliance with all applicable laws,

TruScreen reserves the right at its absolute discretion to:

• withdraw all or any part of the Offer and the issue

of New Shares; and/or

• alter any dates set out in this Offer Document.

Enquiries

Enquiries about the Offer can be directed to an NZX

Firm, an authorised financial advisor, or your solicitor,

accountant or other professional adviser. If you have

any questions about the number of New Shares shown

on your Entitlement and Acceptance Form, or how

to complete the Entitlement and Acceptance Form

or online application, please contact the Registrar,

whose contact details are set out in the Directory.

Times, currency and laws

All references in this Offer Document to times and dates

are to times and dates in New Zealand. All references

in this Offer Document to currency are to New Zealand

dollars, and all references to applicable statutes and

regulations are references to New Zealand statutes

and regulations.

Defined terms

Capitalised terms used in this Offer Document have

the meaning given to them in the Glossary in the

relevant section of this Offer Document.

No guarantee

No guarantee is provided by any person in relation

to the New Shares to be issued under the Offer.

Likewise, no warranty is provided with regard to the

future performance of TruScreen or any return on any

investment made pursuant to this Offer Document.

Eligible Shareholders should be aware that there are

risks associated with investing in the New Shares. The

principal risk is that Eligible Shareholders may not be

able to recoup the Issue Price and/or may not receive

any dividends, entitlements or other distributions in

respect of the New Shares. In addition, the market for

the New Shares may not be liquid. If liquidity is low,

Eligible Shareholders may be unable to sell their New

Shares at an acceptable price or at all.

Disclaimer

CM Partners Limited has not been responsible for the

preparation of, and to the maximum extent permitted

by law accepts no liability in connection with, this

Offer Document.

Privacy

Any personal information provided in your Application

will be held by TruScreen and the Registrar at the

addresses set out in the Directory. This information

will be used for the purposes of administering your

investment in TruScreen and will be disclosed to

third parties only with your consent or if required by

law. Under the Privacy Act 2020 (New Zealand) you

have the right to access and correct any personal

information held about you.

Dividend policy

The payment of dividends is at the discretion of the

Board. The Board has no present intention to make

a distribution for the foreseeable future. This policy

may change from time to time at the discretion of the

Board in the future.

Decision to participate in the Offer

The information in this Offer Document does not

constitute a recommendation to acquire New Shares

nor does it amount to financial product advice. This

Offer Document has been prepared without taking

into account the particular needs or circumstances

of any Applicant or investor, including their investment

objectives, financial or tax position. Before deciding

whether to invest in the New Shares, you must make

your own assessment of the risks associated with

an investment in TruScreen, and consider whether

such an investment in TruScreen is suitable for you

having regard to publicly available information

about TruScreen, your personal circumstances and

following consultation with a financial adviser or other

professional adviser.

IMPORTANT INFORMATION

TRUSCREEN GROUP LIMITED | RIGHTS ISSUE OFFER DOCUMENT l 4
Letter from the Chair

Eligible Shareholders are entitled to take up

one New Share for every five Existing Shares

held. Eligible Shareholders and other parties

may also apply for additional New Shares

pursuant to the Oversubscription Bookbuild

Facility. Further information about the

Oversubscription Bookbuild Facility is provided

in this Offer Document.

Eligible Shareholders have until 5:00pm (NZDT)

on 15 March 2023 to apply for New Shares

under the Offer.

Shareholders who choose not to take up their

Rights entitlements will have their percentage

shareholding diluted.

This document sets out important information

about TruScreen and the Offer. Before making

your investment decision, I encourage you

to read these documents in full and also to

consider the information disclosed by TruScreen

to NZX and other information available at

www.nzx.com under the ticker code “TRU”.

If you are in doubt as to what you should do,

you should consult your financial or professional

adviser.

I advise that directors who hold shares

in TruScreen intend to take up their full

entitlements of Rights.

Yours sincerely

Tony Ho

Chairman | TruScreen Group Limited

TruScreen has made commendable progress

through a difficult COVID period, during which it

has enhanced the product, service capability,

and quality processes and expanded its

market reach into new countries.

Notable achievements include establishing a

manufacturing facility in China with TruScreen

now registered as a domestic medical device

with a ‘Made in China’ mark, gaining wider

product acceptance, presenting independent

and large study results at two eminent

congresses in the US and India, and establishing

support from Global Key Opinion Leaders

through the formation of an International

Experts Group and conducting the first ever

Medically Led Symposium on TruScreen.

With the pandemic behind us, TruScreen is

now well positioned to increase product sales

through channels developed in existing and

new markets, in China, Vietnam, Africa, Eastern

Europe, Central Asia, South America and Middle

East Gulf States. Key to our success going

forward includes providing outstanding training

and service support to our distributors and

ongoing manufacturing process improvements

to reduce our cost of goods sold.

TruScreen has an outstanding product,

motivated team and distributors, and demand

for its product supported by member nations

of the World Health Organisation (WHO)

global strategy to eliminate cervical cancer

by the end of the century. Funds raised will be

used to support working capital required as

the business grows, support our distributors

with marketing collateral and training to assist

them in growing their markets, and funding

initiatives to optimise business performance in

our drive to profitability.

Dear fellow shareholder,

On behalf of the directors of TruScreen Group Limited we are pleased to offer eligible

shareholders the opportunity to participate in a 1 for 5 renounceable rights issue at

an issue price of NZ$0.03 per share (A$0.029), to raise up to NZ$2,177,197 (A$2,104,624).

The Rights will not be quoted on the NZX. Eligible shareholders will also be able to bid

for additional shares through an Oversubscription Bookbuild Facility.

TRUSCREEN GROUP LIMITED | RIGHTS ISSUE OFFER DOCUMENT l 5
Key Terms of the Offer

IssuerTruScreen Group Limited.

The OfferA renounceable rights offer of one New Share for every Five Existing

Shares held on the Record Date (being 5.00pm (NZDT), 27 February

2023), with fractional entitlements being rounded down to the

nearest share.

New Shares which pertain to Rights not taken up by Eligible

Shareholders, or which are attributable to Ineligible Shareholders,

will be offered through the Oversubscription Bookbuild Facility run

by the Issuer and its advisors.

Any premium achieved above the Issue Price for the New Shares

pursuant to the Oversubscription Bookbuild Facility will be paid,

after the deduction of any brokerage costs incurred, on a pro-rata

basis to those Shareholders who did not take up their Rights or who

are Ineligible Shareholders.

Eligible ShareholdersShareholders with registered addresses in New Zealand or Australia

on the Record Date.

Issue PriceNZ$0.03 or (A$0.029, being the A$ price) per New Share.

Offer SizeUp to NZ$2,177,197 (or A$2,104,624). In the event that TruScreen

receives subscriptions for more than NZ$2,177,197 under the Offer

and the Oversubscription Bookbuild Facility, it reserves the right to

issue additional Shares under the 15% placement Listing Rule or in

any other manner it may lawfully do so.

Shares currently on issue362,866,253 Shares quoted on the NZX Main Board.

Maximum number of New

Shares being offered

72,573,250 New Shares (subject to rounding, and to TruScreen’s right

to issue further shares under the Listing Rules).

RightsEligible Shareholders have an entitlement to subscribe for one New

Share for every five Existing Shares held on the Record Date (5.00pm

(NZDT), 27 February 2023) at the Issue Price. Eligible Shareholders

may take up some, or all, or none of their Rights.

Your Rights may have value. If you do nothing, your Rights will lapse

and you will not be able to subscribe for any New Shares and may not

realise any value for your Rights in the Oversubscription Bookbuild

Facility. If you do not take up all of your Rights, your shareholding

percentage in TruScreen will also be diluted.

No Rights tradingThe Rights will not be quoted on the NZX Main Board or the ASX,

and accordingly there will be no established market for Rights. If

you wish to sell your Rights privately to a buyer you identify, you

should contact the Registrar, Link Market Services (see Directory), to

request a Security Renunciation Form.

TRUSCREEN GROUP LIMITED | RIGHTS ISSUE OFFER DOCUMENT l 5

TRUSCREEN GROUP LIMITED | RIGHTS ISSUE OFFER DOCUMENT l 6
Oversubscription

Bookbuild Facility

Eligible Shareholders who take up all of their Rights are entitled to

apply for additional New Shares pursuant to the Oversubscription

Bookbuild Facility. This process may also involve institutional and

other investors.

Any additional New Shares applied for under the Oversubscription

Bookbuild Facility will be issued at the Oversubscription Price. The

Oversubscription Price may ultimately be the same as, or greater

than, the Issue Price. In no event will the Oversubscription Price be

less than the Issue Price.

Eligible Shareholders who take up their Rights in full and other parties

may also apply for New Shares under the Oversubscription Bookbuild

Facility through those NZX Firms and other market participants that

have been invited to participate in the Oversubscription Bookbuild

Facility by TruScreen.

The Oversubscription Bookbuild will occur on 15 and 16 March 2023.

When to applyApplication (including postal applications) must be received by

5:00pm (NZDT) on the Closing Date (15 March 2023, unless extended).

How to applyAn application by an Eligible Shareholder must be made either:

• online at https://Truscreen.rightsoffer.co.nz. To complete an

online application, you will be required to enter your CSN/Holder

number; or

• by returning the Entitlement and Acceptance Form and following

the payment instructions on that form.

If, before the Closing Date, TruScreen receives both an Entitlement

and Acceptance Form and a renunciation in respect of the same

Rights, TruScreen will give priority to the renunciation, and the

Entitlement and Acceptance Form will not be accepted in respect

of those Rights.

No UnderwritingThe Offer is not underwritten.

DilutionWhilst an Eligible Shareholder is not obliged to participate in the

Offer, it is important to note that if an Eligible Shareholder chooses

not to participate in the Offer, then their shareholding will be diluted

down accordingly.

KEY TERMS OF THE OFFER

TRUSCREEN GROUP LIMITED | RIGHTS ISSUE OFFER DOCUMENT l 6

TRUSCREEN GROUP LIMITED | RIGHTS ISSUE OFFER DOCUMENT l 7
Important Dates

EventDate

Announcement of the Offer17 February 2023

Record Date5.00pm (NZDT) / 3.00pm (AEDT)

on 27 February 2023

Opening Date for the Offer28 February 2023

Dispatch of Offer Documents and Entitlement and

Acceptance Forms

28 February 2023

Closing Date for the Offer5:00pm (NZDT) / 3.00pm (AEDT)

on 15 March 2023

Closing Date for the Oversubscription Bookbuild Facility 16 March 2023

Announcement of results of the Offer and the

Oversubscription Bookbuild Facility

17 March 2023

Allotment of New Shares, despatch of holder statements

and commencement of trading of New Shares

22 March 2023

Payment of any premium achieved from Oversubscription

Bookbuild Facility to holders of unexercised Rights

by 24 March 2023

Payment of any refund from scaling of Offer and/or

Oversubscription Bookbuild Facility

by 24 March 2023

The dates above are subject to change and are indicative only. TruScreen reserves the right to

amend this timetable (including by extending the Closing Date) subject to applicable laws and the

Listing Rules. TruScreen reserves the right to withdraw the Offer at any time at its absolute discretion.

TRUSCREEN GROUP LIMITED | RIGHTS ISSUE OFFER DOCUMENT l 7

TRUSCREEN GROUP LIMITED | RIGHTS ISSUE OFFER DOCUMENT l 8
Actions to be taken by

eligible Shareholders

Taking up your Entitlement

Eligible Shareholders who wish to take up all or

some of their Rights should:

• complete their Entitlement and Acceptance

Form and deliver it to the Share Registrar,

along with payment of the Issue Price in full

by direct debit, by no later than the Closing

Date in accordance with the instructions

set out in the Entitlement and Acceptance

Form; or

• apply online in accordance with the

instructions for online applications on the

Entitlement and Acceptance Form.

There is no minimum number of New Shares

that you must subscribe for under the Offer.

Applicants will not be treated as having offered

to purchase a greater number of New Shares

than the number for which payment is made.

Applying to subscribe for more new shares

under the Oversubscription Bookbuild Facility

Eligible Shareholders who wish to apply for

additional New Shares in excess of their

Entitlement may apply for an additional number

of New Shares in excess of the Rights they hold by

participating in the Oversubscription Bookbuild

Facility, via either of the following processes:

• Apply for additional New Shares through

the Acceptance Form or online application

process on the website for the offer https://

Truscreen.rightsoffer.co.nz, provided that

the Eligible Shareholder has taken up all

of their Rights in full, and apply for the

dollar amount of New Shares under the

Oversubscription Bookbuild Facility where

provided on the Application Form. If you

do not accept your Rights in full, your

Application for any New Shares under

the Oversubscription Bookbuild will be

disregarded; or

Available Actions

If you are an Eligible Shareholder, accompanying

this Offer Document is an Entitlement and

Acceptance Form showing the number of

Rights to subscribe for New Shares that you

are entitled to under the Offer. You may take

one or more of the following actions:

• take up all or some of your Rights; or

• take up all of your Rights and apply

for additional New Shares in the

Oversubscription Bookbuild Facility; or

• sell all or some of your Rights privately; or

• take up some of your Rights, and sell all or

some of the remaining balance privately; or

• do nothing with all or some of your Rights.

If you do nothing with your Rights before the

Closing Date, they will lapse and you will not

be able to subscribe for any New Shares under

the Offer and may not realise any value for

your Rights in the Oversubscription Bookbuild

Facility.

The Offer is an offer to Eligible Shareholders only.

If you take up all of your Rights your percentage

shareholding in TruScreen will not reduce

(subject to TruScreen not issuing additional

New Shares in addition to those being offered

under this Offer), but if you do not take up all

your Rights, your percentage shareholding will

reduce following the completion of the Offer.

For example, if you hold 5,000 Shares on the

Record Date, you will have 1,000 Rights. If you

decide not to take up any of your Rights, and all

other shareholders do take up their Rights, your

percentage interest in TruScreen will be diluted.

TRUSCREEN GROUP LIMITED | RIGHTS ISSUE OFFER DOCUMENT l 9
ACTIONS TO BE TAKEN BY ELIGIBLE SHAREHOLDERS

Please note that if the buyer of your Rights

is an Ineligible Shareholder or a person that

would be an Ineligible Shareholder were they

a registered holder of Shares, that buyer will

not be able to take up the Rights they have

purchased.

Renunciations must be lodged with the Share

Registrar, Link Market Services Limited, not

later than the Closing Date (5.00pm (NZDT) on

15 March 2023). The Share Registrar’s details for

the return of your Entitlement and Acceptance

Form are set out in the Directory.

Accepting some of your Entitlement and selling

the balance

There is no minimum number of New Shares

that you must subscribe for under the Offer.

You may take up as many or as few of your

Rights as you wish. If you wish to take up some

of your Rights and sell the balance, you should:

• Make arrangements privately to sell the

number of Rights you wish to sell; and

• indicate the number of New Shares you

wish to apply for in the Entitlement and

Acceptance Form and send your completed

Entitlement and Acceptance Form to the

Registrar, or submit your Application online,

together with payment for the number of

New Shares applied for.

If TruScreen receives, on or before the Closing

Date (5.00pm (NZDT) on 15 March 2023) both

an acceptance and a renunciation by an

Eligible Shareholder in respect of the same

Rights, effect will be given to the renunciation

in priority to the acceptance.

• You may participate in the Oversubscription

Bookbuild Facility through those NZX Firms

that have been invited to participate in

the Oversubscription Bookbuild Facility

by TruScreen. Those NZX Firms will provide

you with instructions as to how you

may participate in the Oversubscription

Bookbuild Facility.

The issue price for the New Shares to be issued

pursuant to the Oversubscription Bookbuild

Facility will be determined by TruScreen and its

advisors by reference to the Oversubscription

Bookbuild Facility having regard to the bids for

New Shares received (and their corresponding

number of New Shares bid for at those levels)

from those NZX Firms and institutions invited

to bid into the Oversubscription Bookbuild

Facility. In no event will the issue price for

the New Shares under the Oversubscription

Bookbuild Facility be less than the Issue Price,

however it may be equal to, or greater than

the Issue Price.

The number of New Shares that you may

receive under the Oversubscription Bookbuild

Facility will be determined by TruScreen and

will be subject to the allocation made to you

and the final issue price for New Shares struck

under the Oversubscription Bookbuild Facility.

TruScreen may scale the Oversubscription

Bookbuild Facility applications in such manner

as the directors of TruScreen consider equitable

and in the interests of TruScreen. Applications

received from those shareholders of TruScreen

who held Shares in TruScreen on the Record

Date will be given preference over those third

parties who apply for New Shares pursuant to

the Oversubscription Bookbuild Facility and

who did not hold Shares in TruScreen as at the

Record Date. The directors’ decision on scaling

will be final.

Selling your Entitlement

The Rights will not be quoted on the NZX Main

Board or the ASX, and accordingly there will be

no established market for Rights. If you wish to

sell your Rights privately to a buyer you identify,

you should contact Link Market Services (see

Directory) to request a Security Renunciation

Form.

TRUSCREEN GROUP LIMITED | RIGHTS ISSUE OFFER DOCUMENT l 10
ACTIONS TO BE TAKEN BY ELIGIBLE SHAREHOLDERS

Your application is irrevocable and cannot be

withdrawn. TruScreen has the sole discretion to

accept or reject your application for New Shares.

Payment

If you are an NZX Shareholder, you must:

• elect to apply using New Zealand dollars

at the NZ$ Offer Price; and

• pay for your New Shares by way of direct

debit.

If you are an ASX Shareholder, you must:

• elect to apply using Australian dollars at

the A$ price; and

• pay for your New Shares by way of BPAY®.

If you are a Custodian (or you hold your Shares

through a Custodian), please see paragraph

14.1 of Part 4: Terms of the Offer.

Cheques will not be accepted. Payment must

be made for both your Rights and the dollar

amount of Additional New Shares that you

are applying for under the Oversubscription

Bookbuild Facility (if any).

If any scaling is applied to the application for

Additional New Shares in the Oversubscription

Bookbuild Facility, a refund of any extra

application monies will be processed within

five Business Days of the Allotment Date.

Refunds will not be paid for any difference

arising solely due to rounding or where the

aggregate amount of the refund payable to

you is less than NZ$5.00.

More detail on payment options is included in

the Entitlement and Acceptance Form.

Enquiries

If you have any queries about the number

of Rights shown on the Entitlement and

Acceptance Form which accompanies this

Offer Document, or how to complete the

Entitlement and Acceptance Form, please

contact the Share Registrar (refer to the

Directory for contact details).

You may elect to do nothing

Your Rights may have value. If you do nothing,

your rights will lapse and you will not be able

to subscribe for any New Shares and may

not realise any value for your Rights in the

Oversubscription Bookbuild.

In that event that a premium above the Issue

Price for the New Shares to be issued pursuant

to the Oversubscription Bookbuild Facility is

achieved, that premium will be paid, after the

deduction of any brokerage costs incurred, on

a pro-rata basis to those Shareholders who did

not take up their Rights or who are Ineligible

Shareholders.

How to apply for New Shares

An application by an Eligible Shareholder must

be made either:

• online at https://truscreen.rightsoffer.co.nz.

To complete an online application, you

will be required to enter your CSN/Holder

number; or

• by returning the Entitlement and

Acceptance Form to the Registrar, and

following the payment instructions on that

form.

If you elect to participate in the Oversubscription

Bookbuild Facility, you must also make payment

for both your Rights entitlement, together with

the amount that you wish to oversubscribe for.

In the event that all or part of your application

for New Shares in the Oversubscription

Bookbuild Facility is not successful, then

TruScreen will refund any extra application

monies to you within five Business Days of the

Allotment Date.

By completing and returning an Entitlement

and Acceptance Form (or completing the

online application) and applying for New

Shares, you agree to accept the New Shares:

• subject to the terms set out in the

constitution of TruScreen; and

• on the terms set out in this Offer Document

and the Entitlement and Acceptance Form.

TRUSCREEN GROUP LIMITED | RIGHTS ISSUE OFFER DOCUMENT l 11
Business Overview

Our Strategy

TruScreen is seeking to further develop and

expand its sales and distribution channels to

increase sales of its device and its consumable

Single Use Sensors (SUS) in its targeted and

new markets. Several initiatives to improve

financial performance are in place. TruScreen

has the following short-term strategy:

• Rapidly expand sales in China, leveraging

off the China manufacture facility which

allows TruScreen to access the China

markets with its domestic “Made In China”

product;

• Support and develop other key Low- and

Middle-Income Country (LMICs) markets of

Vietnam, Zimbabwe (as base to expand

in Africa), Poland (as base to expand in

Central and Eastern Europe), Saudi Arabia

(as base to expand in Middle Easter and

Gulf States) and Central Asia using the

existing distributor in Russia/Kazakhstan;

and

• Working closely with its exclusive SUS

manufacturer to reduce SUS and logistic

costs.

Longer term, TruScreen will:

• Expand the existing market presence to

grow into new, large population markets in

Africa, Gulf States, and others;

• Conduct the Health Technology

Assessments to enable regulators to adopt

TruScreen as a preferred cervical screening

method; and

• Add new products and services to the

portfolio.

Who is TruScreen?

TruScreen Group Limited (NZX/ASX: TRU) is a

New Zealand-based medical device company

that has developed and commercialises an

AI-enabled device for detecting abnormalities

in the cervical tissue in real-time via

measurements of the low level optical and

electrical stimuli responses. TruScreen is listed

on the NZX Main Board, and is also listed on

the ASX as an ASX Foreign Exempt Listing.

TruScreen’s cervical screening technology

enables cervical screening without invasive

tissue sampling and processing of tissues,

thereby avoiding issues with failed samples,

missed follow-up, discomfort, and the need

for costly, specialised personnel and expensive

laboratory infrastructure.

The TruScreen device, TruScreen ® Ultra, is

registered as a primary screening tool for

cervical cancer screening. The device is EC

certified (CE Mark), ISO 13485 compliant and

is registered for clinical use with the TGA

(Australia), MHRA (UK), NMPA (China), SFDA

(Saudi Arabia), Roszdravnadzor (Russia), and

COFEPRIS (Mexico). It has Ministry of Health

approval for use in Vietnam, Zimbabwe, Israel,

Ukraine, and the Philippines, among others

and has active distributors in 23 countries. It is

also National Medical Products Administration

(NMPA) approved for sale in China. In 2021,

TruScreen established a manufacturing facility

in China for devices marketed and sold in China

as a domestic, Made In China medical device.

To date, over 170000

1

examinations had been

performed with TruScreen device and over 200

devices have been installed and used in China,

Vietnam, Mexico, Zimbabwe, Russia, and Saudi

Arabia.

TruScreen’s vision is

“A world without cervical cancer ”

To learn more, please visit: www.truscreen.com

©

1 Based on SUS sales

TRUSCREEN GROUP LIMITED | RIGHTS ISSUE OFFER DOCUMENT l 12
BUSINESS OVERVIEW

device in two top hospitals in Southern

Vietnam, with a further four evaluations

by Ministry of Health underway. A roll-

out of TruScreen into community medical

centres is scheduled in 2H CY2023.

9A TruScreen seminar hosted by Tu Du

Hospital, the most influential gynaecologic

hospital in South Vietnam, was held on 13

December 2022 and received substantial

interest and positive feedback on the

performance of TruScreen. The seminar

was attended by more than 100 doctors.

9TruScreen and its distributor, Gorton Health

Services participated in a charity project

in the Central Highlands. which screened

1,000 local women free of charge. This

initiative received strong support and

acclaim from the local government and

opened the door for TruScreen to enter a

region with population of nearly 6 million.

9In Saudi Arabia, Dr Sulaiman Al Habib

Medical Group (SHMG) the largest private

clinic network has completed a clinical

evaluation and the results on 508 women

are pending.

9TruScreen successfully completed delivery

of its first global virtual medical symposium

to key opinion leaders from 7 countries, on

the place of innovative technologies in

cervical cancer screening. The speakers

at the medical symposium were Associate

Professor Michael Campion, Head of the

Pre-Invasive Clinic at the Gynaecological

Cancer Centre of the Royal Hospital

for Women in Sydney, Professor Hextan

Ngan, Chair Professor in Obstetrics and

Gynaecology, Department of Obstetrics

and Gynaecology, University of Hong

Kong, Associate Professor Fei Chen of

Peking Union Medical College Hospital in

China, Dr Bernard Madzima, the CEO of

the National AIDS Council in Zimbabwe

and Dr Majed Alhudhud, the Director of

Gynaecology Oncology Services at the

Aryan Hospital Medical Group, Riyadh,

Saudi Arabia. The symposium was

attended by 132 doctors from 7 countries.

More specific details of milestones achieved

and activities in 2022 are presented below:

9TruScreen has established a

manufacturing facility in China and is now

registered as a domestic medical device

with its Made in China mark.

9TruScreen’s China distributor Beijing

Siweixiangtai Technology Company

Ltd (SWXT) relaunched distribution of

TruScreen cervical cancer screening

device to Xinjiang Uygur Autonomous

Region. The Xinjiang UAR has a population

of 26 million spread over an area of

1.7 million sq km and the Xinjiang UAR

government is providing special funding

for cancer screening programmes.

9TruScreen has recently been added to the

cervical cancer screening protocol in the

largest medical check-up centre in China.

The centre within the PLA 301 General

Hospital, approved the use of TruScreen in

its cervical cancer screening services. The

health check-up project aims to screen

10,000 women across 10 centres in 3-6

months.

9Completion of a 3 year COGA (Chinese

Obstetricians & Gynaecologists

Association) trial where 15,661 women were

screened across 64 hospitals. Professor

Fei Chan presented her report on the

excellent results at the American Society

of Colposcopy ad Cervical Pathology

Annual Congress in San Diego, California.

9A TruScreen-based cervical cancer

screening centre was opened in Ciudad

de Mexico (Mexico City), operated by

Mexpharm Medical Clinical.

9The National Aids Council’s (NAC) of

Zimbabwe TruScreen Masvingo pilot

project continues to make good progress.

In December 2022, over 5,000 women

have been screened using TruScreen

device.

9In addition to the Hanoi Gynaecological

Hospital, TruScreen recently received

approvals for clinical use of its screening

TRUSCREEN GROUP LIMITED | RIGHTS ISSUE OFFER DOCUMENT l 13
BUSINESS OVERVIEW

Further Resources

Scientific publications 2020-2022:

• Fei Chen et al., COGA Presentation#001051:

Evaluation of an AI Powered Optoelectronic

Technology in Cervical Cancer Screening,

American Society of Colposcopy ad

Cervical Pathology Annual Congress in San

Diego, California, 2022

• Jessica N Vet et al., A Performance

Evaluation of an Optoelectronic Cervical

Screening Device in Comparison to

Cytology and HPV DNA Testing, Eur. J.

Gynaecol. Oncol. 2022; 43(2): 213–218

http://doi.org/10.31083/j.ejgo4302027

• Y. Wei, W. Wang, M. Cheng et al., Clinical

evaluation of a real-time optoelectronic

device in cervical cancer screening,

European Journal of Obstetrics &

Gynecology and Reproductive Biology,

https://doi.org/10.1016/j.ejogrb.2021.09.027

• Comparison of the detection rate of

cervical lesion with TruScreen, LBC test

and HPV test: A Real-world study based

on population screening of cervical cancer

in rural areas of China, Yu Ma, Jiangli Di ,

Hui Bi, et al., https://doi.org/10.1371/journal.

pone.0233986

9TruScreen held dedicated booths at two

national Congresses in 2022: in Mexico

and Poland.

9TruScreen was recognised and awarded

the Quality and Innovation Mark by the

Polish Medical University of Lodz, the fourth

largest city in Poland. Polish University of

Technology, Lodz

9TruScreen is currently transitioning its

regulatory processes to comply with the

new Medical Device Regulation (MDR)

which is mandatory in May 2024.

TRUSCREEN GROUP LIMITED | RIGHTS ISSUE OFFER DOCUMENT l 14
Terms of the Offer

Payment for the New Shares (together with any

additional New Shares applied for under the

Oversubscription Bookbuild Facility) must be

made in full on application with a completed

Entitlement and Acceptance Form delivered to

the Share Registrar, or by completing an online

application at https://Truscreen.rightsoffer.

co.nz, in accordance with the instructions set

out in the Entitlement and Acceptance Form.

If you are an NZX Shareholder, you must elect

to apply using New Zealand dollars at the NZ$

price. If you are an ASX Shareholder, you must

elect to apply using Australian dollars at the

A$ price.

TruScreen may (at its discretion) accept late

applications and Application Monies, but has

no obligation to do so. TruScreen may accept

or reject (at its discretion) any Entitlement and

Acceptance Form which it considers is not

completed correctly, and may correct any

errors or omissions on any Entitlement and

Acceptance Form.

If an Eligible Shareholder does not renounce

their Rights and does not apply for any New

Shares and pay the associated Application

Monies by the Closing Date (5.00pm (NZDT) on

15 March 2023) , their Rights will lapse.

Application Monies received will be held in a

trust account with the Share Registrar until

the corresponding New Shares are allotted or

the Application Monies are refunded. Interest

earned on the Application Monies will be

for the benefit, and remain the property, of

TruScreen and will be retained by TruScreen

whether or not the issue and allotment of New

Shares takes place.

Any refunds of Application Monies will be made

within five Business Days of allotment, or, if a

decision is made not to proceed with the Offer,

within five Business Days of the date of that

decision.

Once submitted, and subject to all applicable

law, an Application is irrevocable and cannot

be withdrawn.

The Offer

The Offer is an offer of New Shares in TruScreen

to Eligible Shareholders under a pro-rata

renounceable rights issue, followed by an

Oversubscription Bookbuild Facility. Under

the Offer, Eligible Shareholders are entitled to

subscribe for one (1) New Share for every five (5)

Existing Shares held on the Record Date. Any

fractional Entitlements will be rounded down

to the nearest whole number.

The New Shares will be of the same class as,

and rank equally with, the Existing Shares

which are quoted on the NZX Main Board and

the ASX. It is a term of the Offer that TruScreen

will take any necessary steps to ensure that

the New Shares are quoted immediately after

the issue.

The Rights will not be quoted on the NZX Main

Board or the ASX. Eligible Shareholders may:

• take up all or some of their Rights; and/or

• sell all or some of their Rights privately.

Eligible Shareholders who take up their Rights

in full may also apply for additional New Shares

under the Oversubscription Bookbuild Facility.

The maximum number of New Shares being

offered under the Offer is 72,573,250 New

Shares. TruScreen may at its discretion elect

to issue additional Shares under the 15%

placement rule of the Listing Rules if there is

demand for New Shares in excess of the size

of this Offer. In the event that this occurred,

the issue price for those Shares issued outside

the parameters of this Offer would be the

same as the Oversubscription Price referred

to in the paragraph below under the heading

“Oversubscription Bookbuild Facility”.

Issue Price and Application Monies

The Issue Price under the Offer is NZ$0.03

(A$0.029) per New Share. The A$ price has

been set by TruScreen taking into account

the A$:NZ$ exchange rate published by the

Reserve Bank of New Zealand on its website at

5pm on 16 February 2023.

TRUSCREEN GROUP LIMITED | RIGHTS ISSUE OFFER DOCUMENT l 15
TERMS OF THE OFFER

Please note that if the buyer of your Rights is an

Ineligible Shareholder or a person that would be

an Ineligible Shareholder were they a registered

holder of Shares, that buyer will not be able to

take up the Rights they have purchased.

Eligible Shareholders who take up all of their

Rights are entitled to apply for additional

New Shares pursuant to the Oversubscription

Bookbuild Facility. This process may also involve

institutional and other investors. Investors who

acquire Rights privately and are not Eligible

Shareholders on the Record Date are not

entitled to make an Application for additional

New Shares under the Oversubscription

Bookbuild Facility but may be able to

participate through an NZX Firm or other market

participant who has been invited to participate

in the Oversubscription Bookbuild Facility.

Oversubscription Bookbuild Facility

Any New Shares in respect of which Rights

are not taken up will form the Shortfall

and will be available to Applicants under

the Oversubscription Bookbuild Facility.

Accordingly, Applicants may apply for an

additional New Shares in excess of the Rights

they hold, subject to the resulting availability.

If Oversubscription Bookbuild Facility

applications exceed the amount of the

Shortfall then such applications will be satisfied

as follows:

• firstly, preference to participate in the

Oversubscription Bookbuild Facility

will be given to existing Shareholders

(registered as holders of Existing Shares

as at the Record Date) ahead of those

parties wishing to participate in the

Oversubscription Bookbuild Facility, who

were not Shareholders as at the Record

Date; and

• secondly, on a pro-rata basis (calculated

based on the proportion of Existing

Shares held by each Applicant to the

Oversubscription Bookbuild Facility

as at the Record Date) up to the total

number of New Shares comprising the

Oversubscription Bookbuild Facility.

Eligibility

The Offer is only open to Eligible Shareholders

or persons that TruScreen is satisfied can

otherwise participate in the Offer in compliance

with all applicable laws.

TruScreen considers that the legal

requirements of jurisdictions other than New

Zealand and Australia are such that it would

be unduly onerous for TruScreen to make the

Offer in those jurisdictions. This decision was

made having regard to the small number of

Shareholders in such overseas jurisdictions, the

financial resources of TruScreen and the costs

of complying with overseas legal requirements.

This Offer Document is intended for use only

in connection with the Offer to any person

recorded in TruScreen’s share register as a

Shareholder on the Record Date (5.00pm

(NZDT) 27 February 2023):

• whose address is shown in TruScreen’s

share register as being in New Zealand; or

• whose address is shown in TruScreen’s

share register as being in Australia.

This Offer Document is not to be sent or given to

any person outside New Zealand or Australia in

circumstances in which the Offer or distribution

of this Offer Document would be unlawful.

Opening and Closing Dates

The Offer will open for receipt of acceptances

from 28 February 2023 (Opening Date). The last

day for receipt of the completed Acceptance

and Entitlement Form with payment is 5.00pm

(NZDT) on 15 March 2023 (Closing Date),

subject to TruScreen varying those dates in

accordance with the Listing Rules.

No Rights Trading

The Rights will not be quoted on the NZX Main

Board or the ASX, and accordingly there will be

no established market for Rights. If you wish to

sell your Rights privately to a buyer you identify,

you should contact the Registrar, Link Market

Services (see Directory), to request a Security

Renunciation Form.

TRUSCREEN GROUP LIMITED | RIGHTS ISSUE OFFER DOCUMENT l 16
TERMS OF THE OFFER

From the proceeds received from the issue of the

New Shares pursuant to the Oversubscription

Bookbuild Facility, the Issue Price of NZ$0.03

(A$0.029) shall be payable to TruScreen. Any

premium received above that Issue Price, ie

the difference between the Issue Price and the

Oversubscription Price (net of any amounts

required to be withheld), will be ultimately paid

on a pro-rata basis to the holders of those

Rights that were not ultimately exercised in

proportion to their holdings of unexercised

Rights.

Allotment of New Shares

New Shares issued pursuant to the exercise

of Entitlements are expected to be allotted

and issued by 22 March 2023 (Allotment

Date). Transaction statements confirming the

allotment of your New Shares will be issued and

mailed in accordance with the Listing Rules.

Quotation of New Shares

The New Shares have been accepted for

quotation by NZX and will be quoted upon

completion of allotment procedures. The NZX

Main Board is a licensed market operated

by NZX, which is a licensed market operator

regulated under the FMCA. An application will

also be made by TruScreen for the New Shares

to be issued under the Offer to be quoted on

ASX.

However, neither NZX nor ASX accepts no

responsibility for any statement in this Offer

Document. The fact that ASX may approve the

New Shares for quotation is not to be taken

in any way as an indication of the merits of

TruScreen.

TruScreen reserves the right to determine

who may participate in the Oversubscription

Bookbuild and may decline or scale applications

for New Shares by any Eligible Shareholder, or

third-party investor as it sees fit.

Eligible Shareholders who wish to participate

in the Oversubscription Bookbuild Facility may

do so, provided they have fully taken up all of

their Rights by:

• in the case of NZX Shareholders, specifying

the NZ$ amount of New Shares they

wish to apply for on the Entitlement and

Acceptance Form where provided; or

• in the case of ASX Shareholders, specifying

the A$ amount of New Shares they wish

to apply for on the Entitlement and

Acceptance Form where provided,

and must pay that NZ$ or A$ amount of

additional New Shares being applied for under

the Oversubscription Bookbuild Facility in

addition to their Application Monies for their

Rights.

In the case of third-party investors who

have been invited to participate in the

Oversubscription Bookbuild Facility, those

parties shall bid for the New Shares attributed

to the Shortfall. The minimum bid price shall

not be less than the Issue Price. There is no

maximum bid price.

The final price for the New Shares to be issued

pursuant to the Oversubscription Bookbuild

Facility (Oversubscription Price) will be

determined by TruScreen and its advisors by

reference to the Oversubscription Bookbuild

Facility having regard to the bids for New

Shares received (and their corresponding

number of New Shares bid for at those levels)

from those NZX Firms and institutions invited to

bid into the Oversubscription Bookbuild Facility.

In no event will the issue price for the New

Shares under the Oversubscription Bookbuild

Facility be less than the Issue Price, however

it may be equal to, or greater than the Issue

Price. There is however no guarantee that the

final Oversubscription Price will exceed the

Issue Price.

TRUSCREEN GROUP LIMITED | RIGHTS ISSUE OFFER DOCUMENT l 17
TERMS OF THE OFFER

d. where the Custodian holds Shares on

behalf of a Participating Beneficiary

indirectly, through one or more Downstream

Custodians, the name and address of

each Downstream Custodian.

Custodians may not distribute this Offer

Document to any person in any country outside

New Zealand and Australia.

Terms and Ranking of New Shares

New Shares allotted and issued will be fully

paid and will be the same class as, and rank

equally in all respects with, Existing Shares on

issue that are quoted on the Main Board on the

Allotment Date. They will give the holder the

right to one vote on a resolution at a meeting

of Shareholders (subject to any restrictions in

TruScreen’s constitution or the Listing Rules),

the right to dividends authorised by the Board

and the right to a proportionate share in any

distribution of surplus assets of TruScreen on

any liquidation. Applicants for New Shares will

be bound by TruScreen’s constitution and the

terms of the Offer set out in this Offer Document.

No Minimum Amount to be Raised

There is no minimum amount that must be

raised for the Offer to proceed.

Custodians

Under the Offer, a custodian (Custodian) is any

Eligible Shareholder having a registered address

in New Zealand, that:

a. is a trustee corporation or a nominee

company and holds Shares in TruScreen

by reason only of acting for another

person in the ordinary course of business

of that trustee corporation or nominee

company; or

b. holds Shares in TruScreen by reason only of

being a bare trustee of a trust to which the

Shares are subject.

Custodians must confirm to TruScreen that they

are holding Existing Shares as a Custodian for

one or more beneficial owners (Participating

Beneficiary) and certify the matters described

below by email, together with the Custodian’s

Application Form.

a. the number of Participating Beneficiaries

and their names and addresses;

b. in respect of each of the Participating

Beneficiaries;

(i) the number of Existing Shares that the

Custodian holds on behalf of each

Participating Beneficiary and the

number and dollar amount of Rights;

and

(ii) the dollar amount of any additional

New Shares in the Oversubscription

Bookbuild Facility (if eligible),

that each Participating Beneficiary has

instructed the Custodian, either directly

or indirectly through a Downstream

Custodian, to apply for on their behalf;

c. that a copy of this document was given to

each Participating Beneficiary; and

TRUSCREEN GROUP LIMITED | RIGHTS ISSUE OFFER DOCUMENT l 18
TERMS OF THE OFFER

Brokerage

No brokerage is payable by Eligible

Shareholders who accept their Entitlement.

Governing Law

This Offer Document, the Offer and any contract

resulting from it are governed by the laws of

New Zealand, and each Applicant submits to

the exclusive jurisdiction of the courts of New

Zealand.

Amendments to the Offer and Waiver of

Compliance

Notwithstanding any other term or condition of

the Offer, TruScreen may at its discretion:

• make non-material modifications to the

Offer on such terms and conditions as

it sees fit (in which event applications for

Shares under the Offer will remain binding

on the Applicant notwithstanding such

modification and irrespective of whether an

application was received by the Registrar

before or after such modification is made);

and/or

• suspend or terminate the Offer at any

time prior to the issue of the New Shares

under the Offer (including by reviewing

the timetable for the Offer). If the Offer is

terminated, application monies will be

refunded to Applicants without interest

within 5 Business Days of termination.

TruScreen reserves the right to waive compliance

with any provision of these terms and conditions.

TruScreen will notify NZX and ASX of any waiver,

amendment, variation, suspension, withdrawal

or termination of the Offer.

TRUSCREEN GROUP LIMITED | RIGHTS ISSUE OFFER DOCUMENT l 19
Glossary

Allotment Datemeans the date for allotment of New Shares under the Offer,

expected to be on or about 22 March 2023.

Applicantmeans an investor whose application for New Shares has been

received by the Registrar.

Applicationmeans an application to subscribe for New Shares under this

Offer Document.

Application Moniesmeans monies received from Applicants in respect of their

Applications.

ASICmeans the Australian Securities and Investments Commission.

ASXmeans ASX Limited or the Australian Securities Exchange

operated by ASX Limited, as the context may require.

ASX Shareholdermeans an Eligible Shareholder whose Existing Shares are held

on TruScreen’s ASX branch register on the Record Date.

Boardmeans the board of directors of TruScreen.

Business Dayhas the meaning given to that term in the Listing Rules.

Closing Datemeans 5:00pm (NZDT) on 15 March 2023.

Eligible Shareholdermeans a Shareholder who as at the Record Date is registered

as a Shareholder, and has a registered address in New

Zealand or Australia.

Entitlementmeans the number of Rights to which Eligible Shareholders are

entitled.

Entitlement and

Acceptance Form

means the personalised entitlement and acceptance form

accompanying this Offer Document for Eligible Shareholders.

Existing Sharemeans a Share on issue on the Record Date.

Ineligible Shareholdersmeans Shareholders other than Eligible Shareholders.

Issue Pricemeans NZ$0.03 (A$0.29) per New Share.

Listing Rulesmeans the NZX Listing Rules.

Main Boardmeans the NZX Main Board.

New Sharemeans an ordinary share in TruScreen offered under the Offer

of the same class as (and ranking equally in all respects with)

Existing Shares at the time of allotment of the New Shares.

TRUSCREEN GROUP LIMITED | RIGHTS ISSUE OFFER DOCUMENT l 19

TRUSCREEN GROUP LIMITED | RIGHTS ISSUE OFFER DOCUMENT l 20
Glossary

NZXmeans NZX Limited.

NZX Firmmeans an entity designated as an NZX Firm under the

Participant Rules of NZX.

NZX Shareholdermeans an Eligible Shareholder whose Existing Shares are held

on TruScreen’s NZX branch register on the Record Date.

Offermeans the offer of New Shares to Eligible Shareholders as at

the Record Date, under the renounceable rights offer set out

in this Offer Document, together with the Oversubscription

Bookbuild Facility.

Offer Documentmeans this document.

Opening Datemeans 28 February 2023.

Oversubscription

Bookbuild Facility

means the facility comprised of the Shortfall and available for

subscription to Applicants on the terms described in this Offer

Document.

Oversubscription Pricemeans the price at which New Shares are to be issued under

the Oversubscription Bookbuild Facility.

Record Datemeans 5:00pm (NZDT) on 27 February 2023 .

Registrar or Share

Registrar

means Link Market Services Limited.

Rightmeans the renounceable right to subscribe for 1 New Share for

every 5 Existing Shares held on the Record Date at the Issue

Price, issued pursuant to the Offer.

Sharemeans one fully paid ordinary share in TruScreen.

Shareholdermeans a registered holder of Shares on issue.

Shortfall means the number of Rights not exercised by Shareholders.

TruScreenmeans TruScreen Group Limited.

TRUSCREEN GROUP LIMITED | RIGHTS ISSUE OFFER DOCUMENT l 20

TRUSCREEN GROUP LIMITED | RIGHTS ISSUE OFFER DOCUMENT l 21
Directory

IssuerTruScreen Group Limited

c/- HLB Mann Judd Limited

Level 6, Equitable House

57 Symonds Street, Grafton

Auckland, 1010

New Zealand

T: +64 9 303 2243

E: hlb@hlb.co.nz

Directors of

Truscreen Group

Limited

Anthony Ho (Chairman)

Dr. Dexter Cheung

Christopher Horn

Juliet Hull

Executive

Management

Dr. Beata Edling (CEO)

Guy Robertson (CFO)

RegistrarLink Market Services Limited

PwC Tower

Level 30/15 Customs Street West

Auckland CBD, 1010

PO Box 91976

Victoria Street West

Auckland 1142

Toll free: 0800 377 388

T: 64 9 375 5998

W: linkmarketservices.co.nz

E: enquiries@linkmarketservices.co.nz

Capital Markets

Advisor

CM Partners Limited

PO Box 105 745

Auckland 1143

www.cmpartners.co.nz

Legal AdvisorsNZ legal advisor:

Sean Joyce – Corporate Counsel

PO Box 42 258, Orakei

Auckland 1745

Australian legal advisor:

Addisons

Level 12, 60 Carrington Street

Sydney NSW 2000

www.addisons.com

TRUSCREEN GROUP LIMITED | RIGHTS ISSUE OFFER DOCUMENT l 21

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.