PACIFIC EDGE LIMITED — Share Issue/Capital Change 2022

Dec 21, 2022

Capital Change Notice

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Section 1: Issuer information
Name of issuer	Pacific Edge Limited
NZX ticker code	PEB
Class of financial product	Ordinary shares
ISIN (If unknown, check on NZX website)	NZPEBE0002S1
Currency	NZD
Section 2: Capital change details
Number issued/acquired/redeemed	185,000 ordinary shares
Nominal value (if any)	Not applicable
Issue/acquisition/redemption price per security	NZD$0.48 per share, being a total of NZD$88,800.00
Nature of the payment (for example, cash or other consideration)	Non-cash consideration, being in recognition of performance as an employee in lieu of bonus
Amount paid up (if not in full)	Paid in full
Percentage of total class of Financial Products issued/acquired/redeemed/ (calculated on the number of Financial Products of the Class, excluding any Treasury Stock, in existence)	0.023%
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 (for example, the exercise price and exercise date)	Not applicable
Reason for issue/acquisition/redemption and specific authority for issue/acquisition/redemption/ (the reason for change must be identified here)	Issue of shares in lieu of bonus
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.	810,365,218
In the case of an acquisition of shares, whether those shares are to be held as treasury 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 is made	Board resolution dated 20 December 2022 and Listing Rule 4.6.1
Terms or details of the issue, acquisition, or redemption (for example: restrictions, escrow arrangements)	New ordinary shares which rank equally with other fully paid ordinary shares
Date of issue/acquisition/redemption	20 December 2022

Section 3: Authority for this announcement and contact person	Section 3: Authority for this announcement and contact person
Name of person authorised to make this announcement	Grant Gibson (CFO)
Contact person for this announcement	Grant Gibson (CFO)
Contact phone number	+ 3 479 5800
Contact email address	grant.gibson@pelnz.com
Date of release through MAP	21 December 2022