Carbon Fund — Capital/Financing Update 2020

Jul 27, 2020

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Monday, July 27, 2020

CO2 Issue of units

Pursuant to Rule 4.19.1 of the Main Board Listing Rules, we are pleased to provide the following information in relation to the issue of ordinary units in the Carbon Fund:

Date of issue: 24 July Class of security: Units in the Carbon Fund ISIN number: NZCO2E0005S7 Number of securities issued: 34,699 Nominal value: n/a Issue Price: NZ $1.2104 Payment Method: Cash Amount Paid Up: Fully Paid Principle Terms: n/a Percentage of total class issued: 0.6461% of total units on issue Reason for issue: Units issued pursuant to PDS Authority for the issue: Pursuant to Master Trust Deed Total number of fully paid ordinary units in existence after 5,370,353 issue: Special Terms: Nil

For more information, please contact:

Call: 09 967 7276 during normal business hours Email: info@saltfunds.co.nz Write to: Salt Investment Funds Limited, PO Box 106-587, Auckland, 1143