Marlin Global Limited — Share Issue/Capital Change 2021

May 17, 2021

Capital Change Notice

MLN – Notice of issue of securities

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Section 1: Issuer informationName of issuerNZX ticker codeClass of financial productISIN (If unknown, check on NZX website)CurrencySection 2: Capital change detailsNumber issued/acquired/redeemedNominal value (if any)Issue~~/Acquisition/redemption~~price per securityNature of the payment (for example, cash or other consideration)Amount paid up (if not in full)Percentage of total class of Financial Productsissued/acquired/redeemed/(calculated on the number of FinancialProducts of the Class, excluding any Treasury Stock, in existence)1For an issue of Convertible Financial Products or Options, theprincipal terms of Conversion (for example the Conversion priceand Conversion date and the ranking of the Financial Product inrelation to other Classes of Financial Product) or the Option (forexample, the exercise price and exercise date)Reason for issue/acquisition/redemptionand specific authority forissue/acquisition/redemption/(the reason for change must beidentified here)Total number of Financial Products of the Class after theissue/acquisition/redemption/Conversion(excluding Treasury Stock)and the total number of Financial Products of the Class held asTreasury Stock after the issue/acquisition/redemption.In the case of an acquisition of shares, whether those shares are tobe held as treasury stockSpecific authority for the issue,~~acquisition,orredemption,~~includinga reference to the rule pursuant to which the issue,~~acquisition,~~orredemptionis madeTerms or details of the issue,acquisition,orredemption(forexample: restrictions, escrow arrangements)	Section 1: Issuer informationName of issuerNZX ticker codeClass of financial productISIN (If unknown, check on NZX website)CurrencySection 2: Capital change detailsNumber issued/acquired/redeemedNominal value (if any)Issue~~/Acquisition/redemption~~price per securityNature of the payment (for example, cash or other consideration)Amount paid up (if not in full)Percentage of total class of Financial Productsissued/acquired/redeemed/(calculated on the number of FinancialProducts of the Class, excluding any Treasury Stock, in existence)1For an issue of Convertible Financial Products or Options, theprincipal terms of Conversion (for example the Conversion priceand Conversion date and the ranking of the Financial Product inrelation to other Classes of Financial Product) or the Option (forexample, the exercise price and exercise date)Reason for issue/acquisition/redemptionand specific authority forissue/acquisition/redemption/(the reason for change must beidentified here)Total number of Financial Products of the Class after theissue/acquisition/redemption/Conversion(excluding Treasury Stock)and the total number of Financial Products of the Class held asTreasury Stock after the issue/acquisition/redemption.In the case of an acquisition of shares, whether those shares are tobe held as treasury stockSpecific authority for the issue,~~acquisition,orredemption,~~includinga reference to the rule pursuant to which the issue,~~acquisition,~~orredemptionis madeTerms or details of the issue,acquisition,orredemption(forexample: restrictions, escrow arrangements)	Marlin Global LimitedMLNWEWarrantsNZMLNE0008S5NZD47,256,870Warrants were issued on the basis of onewarrant for every four shares held at recorddate.Warrants were issued for nil considerationNot applicableNot applicable100%Exercise price $1.28 per warrant to beadjusted down for the aggregate amount perShare of any cash dividends declared on theShares with a record date during the periodcommencing on the date of allotment of theWarrants and ending on the last BusinessDay before the final Exercise Price isannounced by Marlin Global LimitedPro rata issue to shareholders which theBoard believes will put Marlin Global in abetter position to grow, operate efficiently,and pursue other capital structure initiativesas appropriate.47,256,870Not applicableDirector resolutionEach warrant entitles the holder to subscribefor one Marlin Global ordinary share at theexercise price by 5.00pm (New Zealandtime) on 20 May 2022.
Date of issue/acquisition	/redemption2	17/05/2021

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

Section 3: Authority for this announcement and contact person
Name of person authorised to make this announcement	Wayne Burns
Contact person for this announcement	Wayne Burns
Contact phone number	09 484 0352
Contact email address	wayne@fisherfunds.co.nz
Date of release through MAP	17/05/2021