GENTRACK GROUP LIMITED — Major Shareholding Notification 2021

Jun 17, 2021

Gentrack Group 17 Hargreaves Street, St Marys Bay, Auckland 1011, PO Box 3288, Auckland 1140, New Zealand Ph: +64 9 966 6090 Email: info@gentrack.com www.gentrack.com

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18 June 2021

Substantial Product Holder Notice

Gentrack Group Limited (NZX/ASX: GTK) has today received the attached notice.

ENDS

Contact details regarding this announcement:

Jon Kershaw - Company Secretary +64 9 966 6090

About Gentrack

The global pace of change is accelerating, and utilities need to rebuild for a more sustainable future. Gentrack provides leading utilities across the world with innovative cleantech solutions.

Working with some of the world’s biggest energy and water companies, as well as innovative challenger brands, we are helping companies reshape what it means to be a utilities business.

We are driven by our passion to create positive impact. That is why utilities rely on us to drive innovation, deliver great customer experiences and secure profits.

Together, we are renewing utilities.

Gentrack Group Ltd | ARBN 169 195 751

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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