EROAD Limited — Director's Dealing 2020

Sep 25, 2020

==> picture [99 x 29] intentionally omitted <==

Ongoing Disclosure Notice

Disclosure of Directors and Senior Managers Relevant Interests

Sections 297(2) and 298(2), Financial Markets Conduct Act 2013

To NZX Limited; and Name of listed issuer: Date this disclosure made: Date of last disclosure: Director or senior manager giving disclosure Full name(s): Name of listed issuer: Name of related body corporate (if applicable): Position held in listed issuer:

EROAD Limited 25-Sep-20 Not applicable Susan Marie Paterson EROAD Limited Not applicable Director

Summary of acquisition or disposal of relevant interest (excluding specified derivatives)

Ordinary shares in EROAD Limted Class of affected quoted financial products: (ERD) Nature of the affected relevant interest(s): Registered holder For that relevant interest- Number held in class before acquisition or disposal: 0 Number held in class after acquisition or disposal: 12,820 Susan Marie Paterson and Richard Current registered holder(s): Heywood Taylor (as trustees for S M Taylor Family Trust) Registered holder(s) once transfers are registered: Not applicable

Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)

Type of affected derivative: Class of underlying financial products: Details of affected derivative- The notional value of the derivative (if any) or the notional amount of underlying financial products (if any): A statement as to whether the derivative is cash settled or physically settled: Maturity date of the derivative (if any): Expiry date of the derivative(if any): The price specified in the terms of the derivative (if any): Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products: For that derivative,- Parties to the derivative: If the director or senior manager is not a party to the derivative, the nature of the relevant interest in the derivative: Details of transactions giving rise to acquisition or disposal Total number of transactions to which notice relates:

Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable

1

Details of transactions requiring disclosure-

Date of transaction:		24-Sep-20
Nature of transaction:		Allocation of shares in the EROADLimited Institutional Placement underthe Chairman's List.
Name of anyotherpartyorparties to the transaction(if known):		Unknown
The consideration, expressed in New Zealand dollars, paid or received for theacquisition or disposal. If the consideration was not in cash and cannot be readily byconverted into a cash value,describe the consideration:		$49,998
Number of financialproducts to which the transaction related:		12,820
If the issuer has a financial products trading policy that prohibits directors or seniormanagers from trading during any period without written clearance (a closed period)include the following details—
Whether relevant interests were acquired or disposed of duringa closedperiod:		Not applicable
Whether prior written clearance was provided to allow the acquisition or disposal toproceed duringthe closedperiod:		Not applicable
Date of the prior written clearance (if any):		Not applicable
Summary of other relevant interests after acquisition or disposal:Class ofquoted financialproducts:Nature of relevant interest:_For that relevant interest,- _Number held in class:Current registered holder(s):For a derivative relevant interest,-Type of derivative:
		Not applicable
		Not applicable
		Not applicable
		Not applicable
Type of derivative:		Not applicable

Details of derivative,-

The notional value of the derivative (if any) or the notional amount of underlying financial products (if any): A statement as to whether the derivative is cash settled or physically settled: Maturity date of the derivative (if any): Expiry date of the derivative (if any): The price's specified terms (if any): Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products: For that derivative relevant interest,- Parties to the derivative: If the director or senior manager is not a party to the derivative, the nature of the relevant interest in the derivative:

Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable

Certification

I, 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. Signature of director or officer:

Date of signature: 25th September 2020

==> picture [56 x 77] intentionally omitted <==

or Signature of person authorised to sign on behalf of director or officer: Date of signature:

Name and title of authorised person:

==> picture [465 x 593] intentionally omitted <==