Share consolidation - correction

Corporate Action Notice
(Other than for a Distribution)

Page 1 of 2
Section 1: Issuer information (mandatory)
Name of issuer Being AI Limited
Class of Financial Product Ordinary Shares
NZX ticker code BAI
ISIN (If unknown, check on NZX
website)
NZECHE0001S8
Name of Registry Computershare Investor Services Limited
Type of corporate action
(Please mark with an X in the relevant
box/es)
Share Purchase
Plan/retail offer

Renounceable
Rights issue or
Accelerated
Offer

Capital
reconstruction
X
Non-
Renounceable
Rights issue or
Accelerated
Offer

Call Bonus issue
Placement
Record date 5pm 6 September 2024
Ex Date (one business day before the
Record Date)
5 September 2024
Currency NZ$
External approvals required before offer
can proceed on an unconditional basis?
No
Details of approvals required Not applicable
Section 5: Capital reconstruction
(delete full section if not applicable, or mark rows as N/A if not applicable)*
Nature of capital reconstruction
(Please mark with an X in applicable
box)
Financial
Product Split

Financial
Product
Consolidation
X
Other Amalgamation
Ratio (for example 1 for 2) New 1 Existing 10
Treatment of fractions


Fractional entitlements to shares which arise as a
result of the consolidation will be rounded to the
nearest whole number of shares (and a fractional
entitlement to half a share will be rounded up).
Number of Financial Products to be
issued
Not applicable

2 of 2
Total number of Financial Products of
the Class after the capital
reconstruction (excluding Treasury
Stock)
186,801,883 (subject to rounding at the holder level)
Total number of Financial Products of
the Class held as Treasury Stock after
the capital reconstruction
No Treasury Stock
Per Financial Product amount (if cash
reconstruction)
Not applicable
Payment date (if cash reconstruction) Not applicable
Allotment date 8am on 9 September 2024
Scaling reference date Not applicable
Closing date Not applicable
Allotment date Not applicable
Section 8: Lead Manager and Underwriter (mandatory)
Lead Manager(s) appointed No
Name of Lead Manager(s) Not applicable
Fees, commission or other
consideration payable to Lead
Manager(s) for acting as lead
manager(s)
Not applicable
Underwritten No
Name of Underwriter(s) Not applicable
Extent of underwriting (i.e. amount or
proportion of the offer that is
underwritten)
Not applicable
Fees, commission or other
consideration payable to Underwriter(s)
for acting as underwriter(s)
Not applicable
Summary of significant events that
could lead to the underwriting being
terminated
Not applicable
Section 9: Authority for this announcement (mandatory)
Name of person authorised to make this
announcement
Sean Joyce
Contact person for this announcement Sean Joyce
Contact phone number 021 865 704
Contact email address sean@corporate-counsel.co.nz
Date of release through MAP 30 August 2024