Serko Limited — Major Shareholding Notification 2021

Dec 2, 2021

Disclosure of beginning to have substantial holding

Section 276, Financial Markets Conduct Act 2013

To New Zealand Exchange

And

To Serko Ltd

Date this disclosure made: 02 December 2021

Date on which substantial holding began: 02 December 2021

Substantial product holder(s) giving disclosure

Full name(s): Fisher Funds Management Limited

Summary of substantial holding

Class of quoted voting products: Ordinary Shares

Summary for Fisher Funds Management Limited

For this disclosure,

• (a) total number held in class: 6,400,487

• (b) total in class: 118,675,642

• (c) total percentage held in class: 5.393%

Details of relevant interests

Details for Fisher Funds Management Limited

Nature of relevant interest(s): Fisher Funds Management Limited is the registered holder and non-beneficial owner of these securities. No relevant agreement documentation is required to be attached as the investment management contract exemption under regulation 14 applies.

For that relevant interest,—

• (a) number held in class: See below.

• (b) percentage held in class: See below.

• (c) current registered holder(s): See below.

• (d) registered holder(s) once transfers are registered: Unknown

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No. held inclass	Percentage heldinclass	Current registered holders
6,400,487	5.393%	TEA Custodians on behalf of the Fisher Funds New Zealand GrowthFund, Fisher Funds New Zealand Premium Fund, Kingfish LimitedandTransTasman EquityFund

For a derivative relevant interest, also—

• (a) type of derivative: Not applicable

• (b) details of derivative: Not applicable

• (c) parties to the derivative: Not applicable

• (d) if the substantial product holder is not a party to the derivative, the nature of the relevant interest in the derivative: Not applicable

Details of transactions and events giving rise to substantial holding

Details of the transactions or other events requiring disclosure:

Date of change	Nature of change	Considerationgiven in relationto change	Class and number ofsecurities affected	Other party,if known
03/11/2021 to23/11/2021	On Market Sale	$794,379.69	100,000 OrdinaryShares	N/A
29/11/2021	On Market Purchase	-$ 639,914.00	100,000 OrdinaryShares	N/A
01/12/2021	Corporate Action	-$ 7,338,084.15	1,040,863 OrdinaryShares	N/A

Additional information

Address(es) of substantial product holder(s): Fisher Funds Management Limited, Level 1, 67-73 Hurstmere Road, Takapuna, Auckland

Contact details: Angela Quirk, Angela@fisherfunds.co.nz, +64 9 487 2627

Nature of connection between substantial product holders: Fisher Funds Management Limited is the registered holder and non-beneficial owner of these securities

Name of any other person believed to have given, or believed to be required to give, a disclosure under the Financial Markets Conduct Act 2013 in relation to the financial products to which this disclosure relates: Not applicable

Certification

I, Angela Quirk, 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.

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