ikeGPS Group Limited — Capital/Financing Update 2021

Aug 19, 2021

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Capital Change Notice

Updated as at 17 October 2019

Section 1: Issuer information
Name of issuer	ikeGPS Group Limited
NZX ticker code	IKE
Class of financial product	Ordinary shares
ISIN (If unknown, check on NZX website)	NZIKEE0001S9
Currency	NZD
Section 2: Capital change details
Number issued/acquired/redeemed	19,300,000 ordinary shares
Nominal value (if any)	Not applicable
Issue/acquisition/redemption price per security	A$0.95 / NZ$1.00
Nature of the payment (for example, cash or otherconsideration)	Cash
Amount paid up (if not in full)	Fully paid
Percentage of total class of Financial Productsissued/acquired/redeemed/ (calculated on the numberof Financial Products of the Class, excluding anyTreasury Stock, in existence)1	14.46%
For an issue of Convertible Financial Products orOptions, the principal terms of Conversion (forexample the Conversion price and Conversion dateand the ranking of the Financial Product in relation toother Classes of Financial Product) or the Option (forexample, the exercise price and exercise date)	N/A
Reason for issue/acquisition/redemption and specificauthority for issue/acquisition/redemption/ (the reasonfor change must be identified here)	Issue of ordinary shares under theplacement announced to NZX on 11August 2021, authorised by Boardresolution dated 9 August 2021.
Total number of Financial Products of the Class afterthe issue/acquisition/redemption/Conversion(excluding Treasury Stock) and the total number ofFinancial Products of the Class held as TreasuryStock after the issue/acquisition/redemption.	152,782,254 ordinary shares
In the case of an acquisition of shares, whether thoseshares are to be held as treasury stock	Not applicable
Specific authority for the issue, acquisition, orredemption, including a reference to the rule pursuantto which the issue, acquisition, or redemption is made	Authorised by a resolution of the Boarddated 9 August 2021. The placementis made pursuant to NZX Listing Rule4.5.1.

1 The percentage is to be calculated immediately before the issue, acquisition, redemption or Conversion.

Terms or details of the issue, acquisition, or	Issue of ordinary shares which rank
redemption (for example: restrictions, escrow	equally with all other fully paid ordinary
arrangements)	shares in ikeGPS Group Limited
Date of issue/acquisition/redemption2	19 August 2021
Section 3: Authority for this announcement and contact person
Name of person authorised to make thisannouncement	Stephen Fairbrother
Contact person for this announcement	Simon Hinsley
Contact phone number	+61-401-809-653
Contact email address	simon@nwrcommunications.com.au
Date of release through MAP	19 August 2021

2 Continuous issuers using this form in reliance on Rule 3.13.2, please indicate the period during which the relevant issue/acquisition/redemptions were made (for example, 1 January 2019 to 31 January 2019).