EROAD Limited — Capital/Financing Update 2021

Jul 13, 2021

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NZX Limited Level 1, NZX Centre 11 Cable Street PO Box 2959 Wellington 6140 New Zealand Tel +64 4 472 7599

www.nzx.com

Memorandum

To: Market Participants From: NZX Product Operations Date: Wednesday, 14 July 2021 Subject : EROAD Limited (“ERD”) - Trading Halt of Securities

Message :

NZ RegCo (“RegCo”) advises that, at the request of the company, it has placed a trading halt on EROAD Limited (“ERD”). The trading halt was placed at pre-market open today.

ERD has requested that a trading halt be applied to its quoted ordinary shares (“ERD”) to facilitate an orderly market while it is conducting a placement capital raise.

The trading halt will remain in place until the earlier of an announcement by ERD about completion of the placement capital raise, or market open on Thursday 15 July 2021.

Please contact NZX Product Operations on +64 4 496 2853 or productoperations@nzx.com with any queries.

ENDS