Turners Dividend Reinvestment Plan Strike Price

Company Announcement
18 July 2023





Dividend Reinvestment Plan Strike Price
Turners Automotive Group Limited (NZX, ASX; TRA) wishes to advise that the strike price for the
Dividend Reinvestment Plan (DRP), operating in respect of the dividend payable on 28 July 2023, has
been set at NZ$3.54 per share.

The strike price has been determined in accordance with the Turners DRP terms, as the volume
weighted average sale price in New Zealand for TRA shares, calculated on all trades of TRA shares
which took place through the NZX Main Board over the period of five trading days starting on 10 July
2023 less a 2% discount.

About Turners

Turners Automotive Group Limited is an integrated financial services group, primarily operating in the
automotive sector www.turnersautogroup.co.nz

For further information, please contact:

Todd Hunter, Chief Executive Officer, Turners Automotive Group Limited, Mob: 021 722 818