GENTRACK GROUP LIMITED — Share Issue/Capital Change 2023

Oct 31, 2023

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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

1 November 2023

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 in 2016. Gentrack advises that 187,191 ordinary shares have been issued to Gary Miles upon vesting of performance rights under the Senior Management LTI Scheme.

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

Section 1: Issuer information	Section 1: Issuer information
Name of issuer	Gentrack GroupLimited
NZX ticker code	GTK
Class of financialproduct	OrdinaryShares
ISIN(If unknown,check on NZX website)	NZGTKE0002S9
Currency	N/A
Section 2: Capital change details
Number issued/acquired/redeemed	187,191 OrdinaryShares
Nominal value(if any)	N/A
Issue/acquisition/redemption price per security	No consideration is payable
	for the issue of Ordinary
	Shares on vesting of
	performance rights
Nature of the payment (for example, cash or other	NIL
consideration)
Amountpaid up (if not in full)	Fully paid
Percentage of total class of Financial Products	0.183%
issued/acquired/redeemed/ (calculated on the number of
Financial Products of the Class, excluding any Treasury
Stock,in existence)
For an issue of Convertible Financial Products or Options,	N/A
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 (for example, the exercise
price and exercise date)
Reason for issue/acquisition/redemption and specific	Issued in connection with
authority for issue/acquisition/redemption/ (the reason for	Senior Management LTI
change must be identified here)	Scheme
Total number of Financial Products of the Class after the issue/acquisition/redemption/Conversion(excluding	102,003,522

Gentrack Group Ltd | ARBN 169 195 751

Treasury Stock) and the total number of Financial Products of the Class held as Treasury Stock after the issue/acquisition/redemption.
In the case of an acquisition of shares, whether those	N/A
shares are to be held as treasurystock
Specific authority for the issue, acquisition, or redemption,	Rules of the Senior
including a reference to the rule pursuant to which the	Management LTI Scheme,
issue, acquisition, or redemption is made	Board resolutions dated 28
	March & 21 October 2023 and
	ListingRule 4.6.1
Terms or details of the issue, acquisition, or redemption	The shares issued will be
(for example: restrictions, escrow arrangements)	credited as fully paid, and rank
	in all respects equally with the
	OrdinaryShares on Issue
Date of issue/acquisition/redemption	31 October 2023
Section 3: Authority for this announcement and contact person
Name of person authorised to make this announcement	Kerry Nickels
Contact person for this announcement	Kerry Nickels
Contact phone number	+64 212102011
Contact email address	commercial@gentrack.com
	01 November 2023
Date of release through MAP

ENDS

Contact details regarding this announcement:

Kerry Nickels – Company Secretary +64 9 966 6090

About Gentrack

We are entering a new era, with utilities worldwide transforming to meet business and sustainability targets. For over 35 years Gentrack has been partnering with the world’s leading utilities, and more than 60 energy and water companies rely on us.

Gentrack, with our partners Salesforce and AWS, are leading todays transformation with g2.0, an end-to-end product-to-profit solution. Using low code / no code, and composable technology. G2.0 allows utilities to launch new propositions in days, reduce cost-to-serve and lead in total experience. https://www.gentrack.com

Gentrack Group Ltd | ARBN 169 195 751