Seeka Limited — Share Issue/Capital Change 2021

Mar 29, 2021

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Capital Change Notice

Updated as at 17 October 2019

Section 1: Issuer informationName of issuerNZX ticker codeClass of financial productISIN (If unknown, check on NZX website)Currency	Seeka LimitedSEKOrdinary SharesNZSEKE0001S8NZD
Section 2: Capital change details
Number issued/acquired/redeemed	93,243NA$4.7270 per share (calculated asVWAP over 15 business days,starting 5 March 2021, less a 2%discount)
Nominal value (if any)
Issue/acquisition/redemption price per security
Nature of the payment (for example, cash or other consideration)	Cash via the Company’s dividendreinvestment plan
Amount paid up (if not in full)	$4.7270
Percentage of total class of Financial Productsissued/acquired/redeemed/ (calculated on the number of FinancialProducts of the Class, excluding any Treasury Stock, in existence)1	0.28873% (as a percentage ofSeeka Limited Ordinary shares inexistence immediately prior to thisissue, to four decimal places)
For an issue of Convertible Financial Products or Options, theprincipal terms of Conversion (for example the Conversion price andConversion date and the ranking of the Financial Product in relationto other Classes of Financial Product) or the Option (for example, theexercise price and exercise date)	NA
Reason for issue/acquisition/redemption and specific authority forissue/acquisition/redemption/ (the reason for change must beidentified here)	Issued under the terms andconditions of the Seeka LimitedDividend Reinvestment Plan inrespect of the dividend of $0.12per ordinary share
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.	32,387,600 Seeka LimitedOrdinary Shares
In the case of an acquisition of shares, whether those shares are tobe held as treasury stock	NA

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

1 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).

Specific authority for the issue, acquisition, or redemption, includinga reference to the rule pursuant to which the issue, acquisition, orredemption is made	Dividend Reinvestment Plan andBoard Resolution
Terms or details of the issue, acquisition, or redemption (forexample: restrictions, escrow arrangements)	The shares will rank equally in allrespects with existing ordinaryshares
Date of issue/acquisition/redemption2	30/03/2021
Section 3: Authority for this announcement and contact person
Name of person authorised to make this announcement	Stuart McKinstry
Contact person for this announcement	Stuart McKinstry
Contact phone number	0212215583
Contact email address	stuartm@seeka.co.nz
Date of release through MAP	30/03/2021

2 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).