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GENTRACK GROUP LIMITED Capital/Financing Update 2019

Feb 7, 2019

65024_rns_2019-02-07_b9bbfd9e-18e9-4744-87c5-165b76b76ee7.pdf

Capital/Financing Update

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8 February 2019

GENTRACK ANNOUNCES NEW CONTRACT

Gentrack Group Limited (NZX/ASX: GTK) is pleased to announce a new contract to supply its billing and customer management software to a leading business water retailer. The contract covers the provision of software on a subscription basis, with the aim of supporting improved customer experience and reducing cost to serve for the retailer.

This contract is the largest Gentrack has signed to date with a water retailer in the UK’s competitive open water market; with a company that serves several thousands of businesses with water and wastewater services. The signing of this contract is in line with Gentrack’s plans for FY19.

ENDS

Contact details regarding this announcement:

Ian Black, CEO

Aaron Baker, Marketing and Communications Director +64 9 966 6090

About Gentrack

Gentrack provides essential software for essential services, pairing powerful platforms with deep market knowledge to help utilities and airports lower service costs, foster innovation and confidently navigate market reform. It employs over 530 people in offices across New Zealand, Australia, the UK, Singapore, USA and Europe and services over 220 utility and airport sites in 30+ countries with its leading solutions.

Gentrack Cloud is a subscription-based billing, customer information, market interaction and portfolio analytics solution for energy and water utilities in markets where flexibility, uniqueness and compliance are essential. Its meter-to-cash capabilities and managed services offering are designed to enable utilities to differentiate their businesses in competitive markets, to deliver great customer service experiences, achieve lower service costs, launch innovative products and stay compliant with market regulations.

More information: www.gentrack.com

Veovo is Gentrack’s world-class solution for airports, enabling them to unlock operational, revenue, concession and passenger insights across the airport ecosystem. Over 115 airports globally are using Veovo to operate more efficiently, uncover new growth opportunities and deliver outstanding guest experiences.

More information: www.veovo.com

Gentrack Group Ltd | www.gentrack.com | [email protected] | ARBN 169 195 751