Latest EROAD News Sent to Shareholders

TEL +64 9 927 4700 PO Box 305 394
FAX +64 9 927 4701 Triton Plaza, North Shore 0757 Page 1
FREE 0800 4 EROAD Auckland, New Zealand eroad.co.nz
Latest EROAD news sent to Shareholders

AUCKLAND, 31 October 2023: Transportation technology services company EROAD Limited (NZX/ASX: ERD)
(EROAD) is today releasing a Shareholder Update, via attached email, to its registered shareholders.
You can access a copy of the update at https://www.eroad.co.nz/lp/shareholder-update-october2023/
EROAD is also announcing today renewed and expanded 5-year partnership in Australia with Boral, and
upcoming renewal with Woolworths, in deals worth 4,345 units.
A copy of the media release is attached and can be accessed at https://www.eroad.co.nz/news/eroad-
expands-partnerships-with-2-blue-chip-australian-customers-worth-4345-units/

Authorised for release to the NZX and ASX by Ksenija Chobanovich, General Counsel and Company Secretary

ENDS
For further investor enquiries please contact Jason Kepecs on Jason.kepecs@eroad.co.nz or +61 477 711 136
For further media enquiries please contact Rich Llewellyn on richard@shanahan.nz or +64 275232362

About EROAD
EROAD is a fully integrated technology, tolling and services provider, based in Auckland, New Zealand. They
design and manufacture in-vehicle hardware, operate secure payment and merchant gateways and offer
web-based value-added services. EROAD modernises road charging and compliance for road transport by
replacing paper-based systems with easy-to-use electronic systems. They are the largest provider of road user
charges (RUC) compliance in New Zealand, and a leading provider of health and safety compliance and fleet
management solutions. EROAD is listed on the New Zealand Stock Exchange (NZX) and Australian Stock
Exchange (ASX) under the stock symbol of ERD. http://www.eroad.co.nz

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10/30/23, 2:07 PMEROAD New Zealand - The latest news at EROAD
https://go.eroad.com/webmail/105232/1008711675/ccf2913077613e741f0b1a3369256dd9303d3b0bf6f59957565515da58d6fb2a1/2
Wins and Renewals
EROAD has signed a 5-year partnership with
Programmed, a significant enterprise
customer in Australia. The deal will see
MyEROAD platform deployed to a fleet of
2,000 vehicles and 1,000 assets.

READ MORE

New Sustainability Products
Through our collaboration with EECA (Energy
Efficiency and Conservation Authority) we
have delivered two new sustainability
solutions to market aimed at the reduction of
emissions across the transport sector.

READ MORE

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Shareholder update
We arrived at Q3 with a newly strengthened balance sheet and the continued focus on
delivering our stated goals of fiscal responsibility, and growth in North America. It is only through
the trust and support of our Shareholders, that this was possible.
The needs of EROAD customers continually evolve, opening more revenue streams within our
current base, which we are capturing through new product innovation. This path has delivered a
sophisticated suite of global products designed around market needs.
As we continue this journey, we want to ensure we’re bringing you with us. Past feedback
suggests we need to improve frequency, content, and style of our communications. Starting with
this shareholder newsletter, we commit to providing simplified and relevant updates on progress
against stated goals, product innovations, customer insights, wins and company news.

READ MORE








100,000 connection milestone reached in North America
In early September, EROAD officially registered its 100,000th connection in North America.
Success in this region is vital to EROAD’s future, and a key focus in our business strategy.
This achievement is a great indicator of our plan to capitalise on the immense potential
in the region.

10/30/23, 2:07 PMEROAD New Zealand - The latest news at EROAD
https://go.eroad.com/webmail/105232/1008711675/ccf2913077613e741f0b1a3369256dd9303d3b0bf6f59957565515da58d6fb2a2/2
Mark Heine in Supply Chain World
EROAD CEO Mark Heine spoke to Supply
Chain World about how harnessing the power
of data – along with AI, advanced algorithms,
and machine learning – can help
transportation businesses transform their
operations through better decision making
and reduced goods waste.
READ MORE
Delivering Fresher, with CoreTemp
With over 35,000 refrigerated deliveries a
week to the likes of Starbucks and Chick-fil-A,
QCD (Quality Custom Distribution) knows the
importance of refrigerated food transport.
Here they sit down with EROAD’s Steve
Perrin to discuss how EROAD and AI
continue to help them better deliver Chilled
and Frozen Food and further reduce transport
related food wastage.
WATCH HERE
EROAD
Level 3, 260 Oteha Valley Road, Albany, Auckland, New Zealand
PO Box 305 394, Triton Plaza, North Shore 0757, Auckland, New Zealand
0800 437 623 | www.eroad.co.nz
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TEL +64 9 927 4700 PO Box 305 394
FAX +64 9 927 4701 Triton Plaza, North Shore 0757 Page 1
FREE 0800 4 EROAD Auckland, New Zealand eroad.co.nz
EROAD expands partnerships with 2 blue-chip Australian customers worth
4,345 units

EROAD announces 5-year partnerships with long-term Australian Coretex customers
Boral and Woolworths worth 3,000 renewed fleet assets and 1,345 new fleet assets

AUCKLAND, 31 October 2023: Transportation technology services company EROAD Limited (NZX/ASX: ERD)
(EROAD) has today announced significant customer renewals and expansions in Australia. These partnerships
continue EROAD’s successful strategy of growing enterprise customers in other markets over and above its
strong market foundation in New Zealand.
In Australia, EROAD has expanded its existing partnership with Boral, Australia's largest vertically integrated
construction and materials company, to upgrade the existing Telematics support it provides for 1,900 vehicles
across Boral’s heavy fleet and to expand that support into 1,345 new vehicles.
EROAD also confirms its selection as preferred supplier for Woolworth’s 1100 fleet assets, upgrading its
support for key vehicles or assets within the Woolworths Trailer fleet that provides hundreds of thousands of
Australians with essential groceries. This comes off the back of a competitive tender process.
EROAD CEO, Mark Heine, said, “We are privileged and excited to help these iconic Australian companies
deliver for their customers through the greater business intelligence we can provide. These partnerships are
particularly important for EROAD as both Boral and Woolworths were originally Coretex customers, evidence
that the 2021 Coretex acquisition and subsequent integration into EROAD is progressing well and delivering
value for customers.”
Today's announcement comes off the back of last month’s announcement that EROAD had won new
enterprise customer Programmed Australia and had renewed its partnership with Kinetic NZ, New Zealand's
largest passenger transport business which includes the Go Bus transport brand. Those deals represented an
additional 4000 new units and 1950 renewed units. Programmed is a leading provider of Staffing, Facility
Management, Maintenance and Care services, and has signed a five-year contract for the MyEROAD
telematics cloud platform to be deployed across a fleet of more than 2000 vehicles and 1000 assets.
Once fully installed, the three new or expanded Australian deals with Woolworths, Boral and Programmed
Australia represents a 28% growth in Australian units.
Heine said, “These partnerships are another big step forward for EROAD’s growth strategy. At EROAD we
believe technology should be simple and make your job easier, so it’s inspiring to see more great companies
turn to technology to improve their operations and make a positive impact on both employees and the
communities they serve.”
ENDS

TEL +64 9 927 4700 PO Box 305 394
FAX +64 9 927 4701 Triton Plaza, North Shore 0757 Page 2
FREE 0800 4 EROAD Auckland, New Zealand eroad.co.nz
Media Release URL: https://www.eroad.co.nz/news/eroad-expands-partnerships-with-2-blue-chip-australian-
customers-worth-4345-units/

For further enquiries please contact Rich Llewellyn on richard@shanahan.nz or 0275232362

About EROAD
EROAD is a fully integrated technology, tolling and services provider, based in Auckland, New Zealand. They
design and manufacture in-vehicle hardware, operate secure payment and merchant gateways and offer
web-based value-added services. EROAD modernises road charging and compliance for road transport by
replacing paper-based systems with easy-to-use electronic systems. They are the largest provider of road user
charges (RUC) compliance in New Zealand, and a leading provider of health and safety compliance and fleet
management solutions. EROAD is listed on the New Zealand Stock Exchange (NZX) and Australian Stock
Exchange (ASX) under the stock symbol of ERD. http://www.eroad.co.nz