Gentrack Group Limited — Major Shareholding Notification 2021

Jun 18, 2021

Disclosure of ceasing to have substantial holding

Section 279, Financial Markets Conduct Act 2013

To NZX Limited

and

To Gentrack Group Limited

Date this disclosure made: 18 June 2021

Date last disclosure made: 4 April 2017

Date on which substantial holding ceased: 18 June 2021

Substantial product holder(s) giving disclosure

Full name(s): Uplands Group Pty Limited as trustee of Uplands Group Trust, JCVC Pty Limited as trustee of JCVC Super Fund, John Clifford and Valerie Clifford

Summary of previous substantial holding

Class of quoted voting products: Ordinary shares (NZX code: GTK)

Summary for Uplands Group Pty Limited as trustee of Uplands Group Trust

For last disclosure on 4 April 2017,—

• (a) total number held in class: 8,052,689

• (b) total in class: 83,697,254

• (c) total percentage held in class: 9.621%

For current holding after ceasing to have substantial holding,—

• (a) total number held in class: 0

• (b) total in class: 98,894,829

• (c) total percentage held in class: 0

Summary for JCVC Pty Limited as trustee of JCVC Super Fund, and John Clifford and Valerie Clifford

For last disclosure on 10 June 2016,—

• (a) total number held in class: 1,098,685

• (b) total in class: 72,699,510

• (c) total percentage held in class: 1.511%

For current holding after ceasing to have substantial holding,—

• (a) total number held in class: 0

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• (b) total in class: 98,894,829

• (c) total percentage held in class: 0 %

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

Details of the transactions or other events requiring disclosure: On 16 June 2021, Uplands Group Pty Limited as trustee of Uplands Group Trust and JCVC Pty Limited sold 8,424,256 and 1,130,995 ordinary shares in Gentrack Group Limited respectively on market at a sale price of NZ$2.075 per share (being $19,827,145.825 in aggregate). Settlement of that trade has now occurred.

Additional information

Address(es) of substantial product holder(s): L3, 139 Collins Street, Melbourne, Victoria 3000, Australia

Contact details: John Patrick Clifford; +61 408 259 853; jpc@bigpond.net.au

Nature of connection between substantial product holders: Both Uplands Group Pty Limited and JCVC Pty Limited are under the control of the same persons, John Clifford and Valerie Clifford. The beneficiaries of the JCVC Super Fund are John Clifford and Valerie Clifford.

Name of any other person believed to have given, or believed to be required to give, a disclosure under the Financial Markets Conduct Act 2013 in relation to the financial products to which this disclosure relates: N/A

Certification

I, John Clifford, 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.

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