Serko Limited — Director's Dealing 2020

Jan 30, 2020

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Ongoing Disclosure Notice

Disclosure of Directors and Senior Managers Relevant Interests Sections 297(1) and 298(1), Financial Markets Conduct Act 2013

To NZX Limited; and Name of listed issuer: Date this disclosure made: Date of last disclosure:

Serko Limited (SKO) 31-Jan-20 13-Dec-19

Director or senior manager giving disclosure Full name(s): Name of listed issuer: Name of related body corporate (if applicable): Position held in listed issuer: Summary of acquisition or disposal of relevant interest (excluding specified derivatives) Class of affected quoted financial products: quoted financial products: uoted financial products: products: roducts: Nature of the affected relevant interest(s): For that relevant interest- Number held in class before acquisition or disposal: Number held in class after acquisition or disposal: Current registered holder(s): Registered holder(s) once transfers are registered:

Susan Putt Serko Limited (SKO) Serko Trustee Limited Chief Financial Officer

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Class of affected quoted financial products: quoted financial products: uoted financial products: products: roducts: Ordinary Shares
Beneficial interest in Ordinary Shares
subject to restrictions under the
Nature of the affected relevant interest(s):
Restricted Share Scheme, held in trust
until vesting.
For that relevant interest-
1. 287,332 Ordinary Shares with
Number held in class before acquisition or disposal: restrictive conditions
2. 0 Ordinary Shares
1. 87,332 Ordinary Shares with
Number held in class after acquisition or disposal: restrictive conditions
2. 200,000 Ordinary Shares
1. Serko Trustee Limited
Current registered holder(s):
2. Not applicable
1. Serko Trustee Limited
Registered holder(s) once transfers are registered:
2. Susan Putt
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative: Not applicable
Class of underlying financial products: Not applicable
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of underlying financial Not applicable
products (if any):
A statement as to whether the derivative is cash settled or physically settled: Not applicable
Maturity date of the derivative (if any): Not applicable
Expiry date of the derivative(if any): Not applicable
The price specified in the terms of the derivative (if any): Not applicable
Not applicable
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the underlying
financial products:
For that derivative,-
Parties to the derivative: Not applicable
If the director or senior manager is not a party to the derivative, the nature of the relevant Not applicable
interest in the derivative:
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates: One
Details of transactions requiring disclosure-
30-Jan-20
Date of transaction:
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Nature of transaction: Name of any other party or parties to the transaction (if known):

The consideration, expressed in New Zealand dollars, paid or received for the acquisition or disposal. If the consideration was not in cash and cannot be readily by converted into a cash value, describe the consideration: Number of financial products to which the transaction related:

Transfer of Ordinary Shares and release of restrictive conditions under the Restricted Share Scheme. Serko Trustee Limited Services to Serko.

200,000 Ordinary Shares

If the issuer has a financial products trading policy that prohibits directors or senior managers from trading during any period without written clearance (a closed period) include the following details—

Whether relevant interests were acquired or disposed of during a closed period: Whether prior written clearance was provided to allow the acquisition or disposal to proceed during the closed period:

Date of the prior written clearance (if any):

No Not applicable Not applicable

Summary of other relevant interests after acquisition or disposal:

Class of quoted financial products:

Nature of relevant interest:

For that relevant interest,- Number held in class: Current registered holder(s):

For a derivative relevant interest,- Type of derivative:

Ordinary Shares Registered holder and beneficial owner of Restricted Share Units.

34,646 Restricted Share Units Susan Putt

Not applicable

Details of derivative,-

The notional value of the derivative (if any) or the notional amount of underlying financial products (if any):

A statement as to whether the derivative is cash settled or physically settled: Maturity date of the derivative (if any): Expiry date of the derivative (if any): The price's specified terms (if any): Any other details needed to understand how the amount of the consideration payable under the derivative or the value of the derivative is affected by the value of the underlying financial products: For that derivative relevant interest,- Parties to the derivative: If the director or senior manager is not a party to the derivative, the nature of the relevant interest in the derivative:

Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable Not applicable

Certification

I, certify that, to the best of my knowledge and belief, the information contained in this disclosure is correct and that I am duly authorised to make this disclosure by all persons for whom it is made.

Signature of director or officer:

31-Jan-20

Date of signature: