Substantial Product Holder Notice

Gentrack Group Ltd | ARBN 169 195 751

Gentrack Group
17 Hargreaves Street, St Marys Bay Auckland 1011,
PO Box 3288, Auckland 1140, New Zealand
Ph: +64 9 966 6090 Email:
info@gentrack.com
www.gentrack.com



30 May 2023
Substantial Product Holder Notice
Gentrack Group Limited (NZX/ASX: GTK) has today received the attached notice.
ENDS
Contact details regarding this announcement:
Kerry Nickels – Company Secretary
+64 9 966 6090

About Gentrack
For over 30 years Gentrack has been partnering with the world’s leading utilities.
More than 50 energy and water companies rely on Gentrack. Our g2.0 solution
combines this wealth of experience with Salesforce’s unbeatable CRM, Gentrack’s
leading meter-to-cash platform, and a composable architecture on AWS. g2.0
ensures high performance, security, scalability, and rapid prototyping for
innovation at pace.
When it comes to transformations, you can count on us. https://www.gentrack.com

1
Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013
To NZX Limited
and
To Gentrack Group Limited
Date this disclosure made: 30 May 2023
Date last disclosure made: 14 April 2023
Date on which substantial holding ceased: 29 May 2023
Substantial product holder(s) giving disclosure
Full name(s):
NAOS Asset Management Limited ACN 107 624 126 (which by reference also includes
Sebastian Evans as a substantial holder in his personal capacity as he owns more than
20% of the voting shares in the company) (‘NAOS’) and NAOS Ex-50 Opportunities
Company Limited ACN 169 448 837 (‘NAC') (each, a ‘NAOS Substantial Holder’).
Summary of previous substantial holding
Class of quoted voting products: Ordinary Shares
Summary for NAOS Substantial Holders
For last disclosure,—
(a) total number held in class: 6,270,440
(b) total in class: 101,730,185
(c) total percentage held in class: 6.16%
For current holding after ceasing to have substantial holding,—
(a) total number held in class: 4,742,998
(b) total in class: 101,730,185
(c) total percentage held in class: 4.66%
Details of transactions and events giving rise to ceasing of substantial holding
Details of the transactions or other events requiring disclosure: On-market sale of
1,527,442 Ordinary Shares in GTK for total consideration of $AUD 5,531,900.35.

2
Additional information
Address(es) of substantial product holder(s): Level 34, 25 Martin Place, Sydney, New
South Wales, 2000, Australia
Contact details: Sebastian Evans, (61 2) 9002 1576, sevans@naos.com.au
Nature of connection between substantial product holders: NAOS is the investment
manager for NAC.

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: N/A
Certification
I, Sebastian Evans, 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.