PACIFIC EDGE LIMITED — Capital/Financing Update 2019

Nov 21, 2019

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QUOTATION NOTICE: NZX MAIN BOARD PACIFIC EDGE LIMITED RENOUNCEABLE RIGHTS (“PEBRF”)

Company: Pacific Edge Limited (“PEB”)

Tradeable Rights Code: PEBRF ISIN:

NZPEBE0011S2

Details of Offer:

A pro-rata renounceable rights issue of 1 new share for every 4.25 shares held on the Record Date

Ratio (New : Existing): 1 : 4.25 Exercise Price: Issue Price Payable:

$0.10 per share

In full on application

Ex Rights Date:

Rights Commence Trading:

Record Date:

Letters of Entitlement sent to Shareholders:

Thursday, 28 November 2019 Thursday, 28 November 2019 Friday, 29 November 2019 Monday, 2 December 2019

Offer Opens:

Tuesday, 3 December 2019

Offer Closes:

Offer Closes: 5pm, Wednesday, 11 December 2019 Rights Quotation Ceases: Thursday, 5 December 2019 Allotment of New Shares: Wednesday, 18 December 2019 Registrar: Link Market Services (“LNKT”) Settlement Status: NZCDC Settlement System Commencement of Trading of New Wednesday, 18 December 2019

Commencement of Trading of New Shares:

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Mark Peterson Chief Executive Officer NZX Limited

22 November 2019

NZX Limited, Level 1, NZX Centre, 11 Cable Street, PO Box 2959, Wellington 6140, New Zealand Tel +64 4 472 7599, www.nzx.com