Scott Technology Limited — Share Issue/Capital Change 2017

Nov 28, 2017

Scott Technology Limited 630 Kaikorai Valley Road Private Bag 1960 Dunedin 9054 New Zealand +64 3 478 8110 www.scott.co.nz

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28 November 2017

NZX Main Board and Debt Market - Notice pursuant to Listing Rule 7.12.1

• (a) Class of Security and ISIN:

Ordinary shares NZSCTE0001S3

• (b) Number issued, acquired or redeemed:

• (b) Number issued, acquired or redeemed: 702,078 (c) Nominal value and issue price, acquisition price or NZ$3.6416 per share redemption price:

• (d) Whether payment was in cash:

• (e) Any amount paid up:

No – dividend reinvestment plan NZ$3.6416 per share; $2,556,687.24 in total

• (f) Principal terms of the Securities (other than for Quoted Securities), for example, the exercise price and exercise date in respect of an Option, or the conversion price and conversion date in respect of Convertible Securities or the ranking of the Securities in relation to other Classes of Securities:

The shares were issued at a 1.5% discount to the volume weighted average sale price of Scott Technology Limited shares traded on the New Zealand Stock Exchange for the period 22 to 24 November 2017. All shares have equal voting rights and participate equally in any subsequent dividend distribution or any surplus on the winding up of the company.

• (g) Percentage of the total Class of Securities issued, acquired 0.94% or redeemed:

• (h) Reason for the issue, acquisition or redemption:

Allotment pursuant to Dividend Reinvestment Plan

• (i) Specific authority for the issue, acquisition or redemption:

Dividend reinvestment plan pursuant to offer document dated 24 October 2017. 2017 final dividend authorised by directors’ resolution dated 12 October 2017, with record date of 21 November 2017 and allotment date of 28 November 2017.

• (j) Terms or details of the issue, acquisition or redemption:

Dividend reinvestment plan

• (k) Total number of Securities of the Class in existence after 75,382,832 the issue, acquisition or redemption:

©Scott Technology Limited | Confidential document

• (l) In the case of an acquisition of shares by an Issuer which is Not applicable a company registered under the Companies Act 1993, whether those shares are to be held as Treasury Stock:

• (m) Dates of issue, acquisition or redemption:

28 November 2017

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Gregory William Chiles Chief Financial Officer

©Scott Technology Limited | Confidential document