Ongoing Disclosure Notice – Mark Heine

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013


Director or senior manager giving disclosure
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)












Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)


Details of affected derivative-
For that derivative,-



Details of transactions giving rise to acquisition or disposal


Details of transactions requiring disclosure-

Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:

Not applicable

Not applicable

Class of affected quoted financial products:
Nature of the affected relevant interest(s):

For that relevant interest-
Number held in class before acquisition or disposal:
Number held in class after acquisition or disposal:
Current registered holder(s):
Registered holder(s) once transfers are registered:

Ordinary shares in EROAD Limited (NZX Code:
ERD)
Registered holder

To NZX Limited; and
Name of listed issuer:
Date this disclosure made:
Date of last disclosure:

EROAD Limited
12-April-23
30-May-22

101,085
190,068

Mark Lee Heine
Not applicable

Full name(s):
Name of listed issuer:
Name of related body corporate (if applicable):
Position held in listed issuer:


Mark Lee Heine
EROAD Limited
Not applicable
Chief Executive Officer

Type of affected derivative:
Class of underlying financial products:

Not applicable
Not applicable

The notional value of the derivative (if any) or the notional amount of underlying
financial products (if any):
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative(if any):
The price specified in the terms of the derivative (if any):
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:


Not applicable
Not applicable
Not applicable
Not applicable
Not applicable



Not applicable

Total number of transactions to which notice relates:

1

Date of transaction:




Nature of transaction:
Name of any other party or parties to the transaction (if known):

6-April-23
Vesting of shares issued under the FY23 grant of
EROAD's Performance Share Right Plan (FY23
Grant). Further details of the FY23
Grant are included within EROAD’s annual report.
EROAD Limited

Details of derivative,-
The notional value of the derivative (if any) or the notional amount of underlying
financial products (if any):
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative (if any):
The price's specified terms (if any):
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
For that derivative relevant interest,-
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:


Not applicable
Not applicable
Not applicable
Not applicable
Not applicable


Not applicable

Not applicable

Not applicable

The consideration, expressed in New Zealand dollars, paid or received for the
acquisition or disposal. If the consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:
Number of financial products to which the transaction related:
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
Date of the prior written clearance (if any):



Nil
88,983

Yes, however there is an exception to allow for the
vesting of performance share rights under the Plan
Rules.

Not applicable
Not applicable

Not applicable
Not applicable

Not applicable
Not applicable

Not applicable


12-April-23




Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:
Nature of relevant interest:
For that relevant interest,-
Number held in class:
Current registered holder(s):
For a derivative relevant interest,-
Type of derivative:

Certification
I, 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.
Signature of director or officer:
Date of signature:
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
Name and ti+A1:C83tle of authorised person: