SPH Notice

1
Disclosure of movement of 1% or more in substantial holding
or change in nature of relevant interest, or both
Sections 277 and 278 Financial Markets Conduct Act 2013
To NZX LIMITED
and
To TRADE WINDOW HOLDINGS LIMITED ("TWL")
Date or relative event: 29
September 2023
Date this disclosure made: 29 September 2023
Date on which substantial holding began: 22 November 2021
Substantial product holder(s) giving disclosure
Full name(s): Albertus Johannes Smith
Summary of substantial holding
Class of quoted voting products: Ordinary shares in Trade Window Holdings Limited (NZX Ticker Code:
TWL).
Summary for Albertus Johannes Smith
For this disclosure, —

(a)total number held in class: 13,887,710
(b)total in
class: 113,504,966
(c)total percentage held in class: 12.24%
For last disclosure, —
(a)total number held in class: 14,339,710
(b)total in class: 113,484,966
(c)total percentage
held in class: 12.635%
Details of transactions and events giving rise to relevant event
On
2
9 September 2023, Albertus Johannes Smith transferred 450,000 Ordinary Shares in Trade
Window Holdings Limited for nil consideration through an off-market share transfer to Susann
Smith.

On
29
September 2023, Alb ertus Johannes Smith sold a total of 215,518 Ordinary Shares in
Trade Windo
w Hold ings Limited for $84,052 consideration through an off-market share transfer
to
Micaela Claudette Lewentz.
The above transactions in conjunction with the subsequent dilution of Albertus Johannes Smith's
holding have resulted in a movement of 1% or more in Albertus Johannes Smith's holding.

2
Details for Albertus Johannes Smith
Nature of relevant interest(s): Qualified relevant interest as registered holder and beneficial owner of
financial products.
For
that relevant interest, —
(a)number held in class: 13,222,192
(b)percentage held in class: 11.648%
(c)current registered holder(s): Albertus Johannes Smith
(d)registered holder(s) once transfers are registered:
Albertus Johannes Smith, registered holder of 13,222,192
ordinary shares.
Susann Smith, registered holder of 4
50,000 ordinary shares
Micaela Claudette Lewentz, registered holder of 215,518 ordinary shares.
For
a derivative relevant interest, also—
(a)type of derivative: N/A
(b)details of derivative: N/A
(c)parties to the derivative: N/A
(d)if the substantial product holder is not a party to the derivative, the nature of the relevant
interest in the derivative: N/A
Additional information
Address(es) of substantial product holder(s): 641B Ridge Road, Riverhead, Auckland, 0820
NZ
Co ntact details: AJ Smith, + 6421592777, AJ@tradewindow.io
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
Disclosure has effect for purposes of directors’ and senior managers’ disclosure
Albertus Johannes Smith is also a director of Trade Window Holdings Limited. This disclosure also
constitutes disclosure for the purposes of the directors’ and senior managers’ disclosure obligations.
Certification
I, Albertus Johannes Smith, 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 al l
persons for whom it is made.
Details after relevant event