Serko Limited — Capital/Financing Update 2019

Nov 22, 2019

CAPITAL CHANGE NOTICE

CAPITAL CHANGE NOTICE	CAPITAL CHANGE NOTICE	CAPITAL CHANGE NOTICE	CAPITAL CHANGE NOTICE
Section 1: Issuer informationName of issuerSerko LimitedNZX ticker codeSKO
	Section 1: Issuer information
	Name of issuer	Serko Limited
	NZX ticker code	SKO
	Class of financial product	Ordinary shares in Serko
	ISIN (If unknown, check on NZX website)	NZSKOE0001S7
	Currenc	NZD
	y
	Sti 2 Citl h dtil
	econ : apa cange eas
	Nb ididdd	1237623
	umer ssue/acqure/reeeme	,,
	Nominal value (if any)	$5,000,000
	Issue/acquisition/redemption price per security	$4.04
	Nature of the payment (for example, cash or other consideration)	Cash
	Amount paid up (if not in full)	Fully paid
	Percentage of total class of Financial Products issued/acquired/redeemed/	1.363%
	(calculated on the number of Financial Products of the Class, excluding anyTreasur Stock in existence)1
	y ,
	For an issue of Convertible Financial Products or Options, the principal terms of	N/A
	Conversion (for example the Conversion price and Conversion date and theranking of the Financial Product in relation to other Classes of Financial Product)
	or the Option (for example, the exercise price and exercise date)
	Reason for issue/acquisition/redemption and specific authority for	Allotment of 1,237,623 ordinary shares	d
	issue/acquisition/redemption/ (the reason for change must be identified here)	under a share purchase plan conducte
		by Serko Limited
	Total number of Financial Products of the Class after theissue/acquisition/redemption/Conversion (excluding Treasury Stock) and the total	92,061,422
	number of Financial Products of the Class held as Treasury Stock after the
	issue/acquisition/redemption.
	In the case of an acquisition of shares, whether those shares are to be held as	N/A
	treasury stock
	Specific authority for the issue, acquisition, or redemption, including a referenceto the rule pursuant to which the issue acquisition or redemption is made	Directors' resolution
	, ,
	T dtil f th i iiti dti f l titi	Th h ill k ll ith	lle.
	erms or eas o e ssue, acquson, or reempon (or exampe: resrcons,escrow arrangements)	e new sares w ran equay w aother fully paid ordinary shares on issu
	Date of issue/acquisition/redemption2	22 November 2019

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	Susan Putt
Contact person for this announcement	Susan Putt
Contact phone number	+64 21388009
Contact email address	Investor.relations@serko.com
Date of release through MAP	22 November 2019

Serko Limited, Saatchi Building, Unit 14D 125 The Strand, Parnell, Auckland, New Zealand PO Box 47-638, Ponsonby, T: +64 9 309 4754, F: +64 9 377 0545, company.secretary@serko.com Incorporated in New Zealand ARBN 611 613 980