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EROAD Limited Major Shareholding Notification 2021

Dec 3, 2021

66188_rns_2021-12-04_9eb80ed9-e69a-44d7-89c4-87425749b49c.pdf

Major Shareholding Notification

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Internal

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: 2 December 2021

Date last disclosure made: 2 August 2021

Date on which substantial holding ceased: 30 November 2021

Substantial product holder(s) giving disclosure

Full name(s):

Allianz SE as ultimate parent company

Allianz Global Investors Asia Pacific Ltd. (investment discretion) Allianz Global Investors GmbH (parent company) Allianz Asset Management GmbH (parent company)

Allianz Global Investors U.S. LLC (investment discretion) Allianz Global Investors U.S. Holdings LLC (parent company) PFP Holdings Inc. (parent company) Allianz of America Inc. (parent company) Allianz Europe B.V. (parent company)

Summary of previous substantial holding

Class of quoted voting products: Ordinary share

For last disclosure,—

Substantial product holder (a) Total number
held in class
(b) Total in
class
(c) Total
percentage
held in class
Allianz Global Investors Asia
Pacific Ltd.
4.854.167 81.896.340 5,93%
Allianz Global Investors U.S. LLC 116.947 81.896.340 0,14%
Total (sum) 4.971.114
81.896.340
6,07%

For current holding after ceasing to have substantial holding,—

Substantial product holder (a) Total number
held in class
(b) Total in
class
(c) Total
percentage
held in class

1

Internal

Allianz Global Investors Asia
Pacific Ltd.
5.371.667
110.338.787
4,87%
Allianz Global Investors U.S. LLC 119.747
110.338.787
0,11%
Total (sum) 5.491.414
110.338.787
4,98%

Details of transactions and events giving rise to ceasing of substantial holding

Details of the transactions or other events requiring disclosure:

Registered
holder
Date of
transaction
Nature of
the
transaction
ISIN Price per share Number of securities
Commission de
la Caisse
Commune
AllianzGI SC Asia
02.08.2021 Buy NZERDE0001S5 6,3321 61.800
Commission de
la Caisse
Commune
AllianzGI SC Asia
25.08.2021 Buy NZERDE0001S5 6,0392 27.099
Commission de
la Caisse
Commune
AllianzGI SC Asia
25.08.2021 Buy NZERDE0001S5 5,9997 5.101
Virtus AllianzGI
International
Small-CapFund
27.09.2021 Sell NZERDE0001S5 5,5745 -9.700
AllianzGI-Fonds
RANW II
Segment RANW
Oriental Income
12.10.2021 Sell NZERDE0001S5 5,1909 -27.187
Allianz Choice
Oriental Fund
12.10.2021 Sell NZERDE0001S5 5,1909 -3.795
Allianz Choice
Oriental Fund
13.10.2021 Sell NZERDE0001S5 5,1324 -4.400
AllianzGI-Fonds
RANW II
Segment RANW
Oriental Income
13.10.2021 Sell NZERDE0001S5 5,1324 -31.524
Allianz Choice
Oriental Fund
14.10.2021 Sell NZERDE0001S5 5,1626 -4.177
AllianzGI-Fonds
RANW II
Segment RANW
Oriental Income
14.10.2021 Sell NZERDE0001S5 5,1626 -29.927
AllianzGI-Fonds
RANW II
Segment RANW
Oriental Income
15.10.2021 Sell NZERDE0001S5 5,2303 -24.562

2

Internal

Allianz Choice
Oriental Fund
15.10.2021 Sell NZERDE0001S5 5,2303 -3.428

Additional information

The event for ceasing to have substantial holding is triggered by a capital change as announced by EROAD Limited on the 1 December 2021.

Address(es) of substantial product holder(s):

Allianz SE Königinstrasse 28 80802 Munich, Germany

Contact details:

Michael Sieburg +49 89 3800 19957 [email protected]

*Nature of connection between substantial product holders:

Allianz Global Investors Asia Pacific Ltd. is a direct subsidiary of Allianz Global Investors GmbH Allianz Global Investors GmbH is a direct subsidiary of Allianz Asset Management GmbH Allianz Asset Management GmbH is a direct subsidiary of Allianz SE

Allianz Global Investors U.S. LLC is a direct subsidiary of Allianz Global Investors U.S. Holdings LLC Allianz Global Investors U.S. Holdings LLC is a direct subsidiary of PFP Holdings Inc. PFP Holdings Inc. is a direct subsidiary of Allianz of America Inc.

Allianz of America Inc. is a direct subsidiary of Allianz Europe B.V. Allianz Europe B.V. is a direct subsidiary of Allianz SE

Certification

I, Michael Sieburg certify that, to the best of my knowledge and belief, the information contained in this disclosure is correct and that I am duly authorised to make this disclosure by all persons for whom it is made.

3