GENTRACK GROUP LIMITED — Share Issue/Capital Change 2021

Oct 4, 2021

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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

5 October 2021

Capital Change Notice

Gentrack Group Limited (NZX/ASX: GTK) ( Gentrack ) adopted a Senior Management Long Term Incentive Scheme (Senior Management LTI Scheme) by Board resolution dated 27 April 2016.

Gentrack advises that the number of Performance Rights (PRs) under the LTI Scheme eligible to vest are 250,000 and that it has granted 250,000 ordinary shares with a vesting date of 1 October 2021.

The following information is supplied pursuant to NZX Main Board Listing Rule 3.13.1.

Section 1: Issuer information

Section 1: Issuer information	Section 1: Issuer information
Name of issuer	GentrackGroupLimited
NZX tickercode	GTK
Class of financialproduct	Ordinary Shares
ISIN(Ifunknown, checkon NZX website)	NZGTKE0002S9
Currency	NZD
Section 2: Capital change details
Number issued/acquired/redeemed	250,000 Ordinary Shares
Nominal value (ifany)	Notapplicable
Issue/acquisition/redemptionprice persecurity	NIL
Nature of the payment (for example, cash or other consideration)	NIL
Amountpaid up (if not in full)	FullyPaid
Percentage of total class of Financial Products issued/acquired/redeemed/ (calculated on the number of Financial Products of the Class, excluding any Treasury Stock, inexistence)	0.25%
For an issue of Convertible Financial Products or Options, the principal terms of Conversion (for example the Conversion price and Conversion date and the ranking of the Financial Product in relation to other Classes of Financial Product) or the Option	Not applicable
Reason for issue/acquisition/redemption and specific authorityfor issue/acquisition/redemption	Issue in connection with Senior Management LTIScheme
Total number of Financial Products of the Class after the issue/acquisition/redemption/Conversion (excluding Treasury Stock) and the total number of Financial Products of the Class held as Treasury Stock after the issue/acquisition/redemption.	99,197,323

Gentrack Group Ltd | ARBN 169 195 751

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In the case of an acquisition of shares, whether those shares areto beheld astreasury stock	Not applicable
Specific authority for the issue, acquisition, or redemption, including a reference to the rule pursuant to which the issue, acquisition, or redemption ismade	By directors resolution dated 1 October 2021 approving issue
Terms or details of the issue, acquisition, or redemption	The shares issued will be credited as fully paid, and rank in all respects equally with the Ordinary Shares on issue
Date of issue/acquisition/redemption	4October 2021
Section 3: Authority for this announcement and contact person
Name of person authorised to make this announcement	Pip White, Company Secretary
Contact person for this announcement	Pip White
Contact phone number	+64 22 0965576
Contact email address	commercial@gentrack.com
Date of release through MAP	5 October 2021

ENDS

Contact details regarding this announcement:

Pip White - Company Secretary +64 22 0965576

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