SPH Notice – UBS Group AG and its related bodies corporate

Disclosure of ceasing to have substantial holding
Section 279, Financial Markets Conduct Act 2013

To: NZX Limited
and
To: EROAD Limited
Date this disclosure made: 05 October 2023
Date last disclosure made: 04 October 2023
Date on which substantial holding ceased: 03 October 2023

Substantial product holder(s) giving disclosure
Full name(s): UBS Group AG and its related bodies corporate

Summary of previous substantial holding
Class of quoted voting products: Ordinary shares
Summary for: UBS Group AG and its related bodies corporate
For last disclosure, —
(a) total number held in class: 10,025,031 shares
(b) total in class: 184,631,174 shares
(c) total percentage held in class: 5.43%

For current holding after ceasing to have substantial holding, —
(a) total number held in class: 9,024,228 shares
(b) total in class: 184,631,174 shares
(c) total percentage held in class: 4.89%

Details of transactions and events giving rise to ceasing of substantial holding
Details of the transactions or other events requiring disclosure: Please see Appendix A .
Additional information
Address(es) of substantial product holder(s):

Name Addresses
UBS Asset Management
(Australia) Ltd
Level 16, Chifley Tower, 2 Chifley Square, Sydney, Australia
UBS Securities Australia Ltd Level 16, Chifley Tower, 2 Chifley Square, Sydney, Australia
UBS AG Australia Branch Level 16, Chifley Tower, 2 Chifley Square, Sydney, Australia
UBS AG London Branch 5 Broadgate, London, United Kingdom

Contact details: Florian Naef
Tel: +852 3712 4687
Email: florian-p.naef@ubs.com

Nature of connection between substantial product holders:
UBS Asset Management (Australia) Ltd : Related body corporate
UBS Securities Australia Ltd : Related body corporate
UBS AG Australia Branch : Related body corporate
UBS AG London Branch : Related body corporate

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: Not applicable
Certification
We certify that, to the best of our knowledge and belief, the information contained in this disclosure
is correct and that we are duly authorised to make this disclosure by all persons for whom it is made.

SIGNATURE

Print Name:


Andrew Costley

Capacity:

Authorised signatory

Sign Here:



Date:

05 October 2023

Print Name:


Florian Naef

Capacity:

Authorised signatory

Sign Here:




Date:

05 October 2023

ERD - Appendix A
Date of
change
Person whose relevant interest
changed
Nature of Change Consideration given in
relation to change
Number of securities Class
03-Oct-23UBS AG Australia Branch
Change in right of rehypothecation
N/A(1,000,000) Ordinary
03-Oct-23UBS Securities Australia Ltd
Buy
2740 Ordinary
03-Oct-23UBS Securities Australia Ltd
Buy
231342 Ordinary
03-Oct-23UBS Securities Australia Ltd
Sell
662(990) Ordinary
03-Oct-23UBS Securities Australia Ltd
Sell
3,694(5,524) Ordinary
03-Oct-23UBS Securities Australia Ltd
Buy
3,7335,576 Ordinary
03-Oct-23UBS Securities Australia Ltd
Buy
214320 Ordinary
03-Oct-23UBS Securities Australia Ltd
Sell
381(567) Ordinary