Serko Limited — Share Issue/Capital Change 2021

Nov 30, 2021

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Capital Change Notice

Updated as at 17 October 2019

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	apa ange oceUpdated as at 17 October 2019
Section 1: Issuer informationName of issuerNZX ticker codeClass of financial productISIN (If unknown, check on NZX website)CurrencySection 2: Capital change detailsNumber issued/acquired/redeemedNominal value (if any)Issue/acquisition/redemption price per securitNature of the payment (for example, cash orconsideration)Amount paid up (if not in full)Percentage of total class of Financial Productissued/acquired/redeemed/ (calculated on theFinancial Products of the Class, excluding anin existence)1For an issue of Convertible Financial Productprincipal terms of Conversion (for example thprice and Conversion date and the ranking ofProduct in relation to other Classes of FinancOption (for example, the exercise price and eReason for issue/acquisition/redemption andfor issue/acquisition/redemption/ (the reasonbe identified here)Total number of Financial Products of the Claissue/acquisition/redemption/Conversion (excStock) and the total number of Financial Prodheld as Treasury Stock after the issue/acquis	Serko LimitedSKOOrdinary Shares in SerkoLimitedNZSKOE0001S7NZD10,638,297N/AyNZ$7.05otherCashFully paidsnumber ofy Treasury Stock,9.85%s or Options, thee Conversionthe Financialial Product) or thexercise date)N/Aspecific authorityfor change mustAllotment of 10,638,297ordinary shares under aplacement conducted by SerkoLimited.ss after theluding Treasuryucts of the Classition/redemption.118,675,642 ordinary shareson issue**.**There are also 160,322unlisted options outstanding,taking into account all forfeitedoptions to date.There are also 1,861,209unlisted restricted share unitsoutstanding, taking intoaccount all forfeited restrictedshare units to date.

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

In the case of an acquisition of shares, whether those sharesare to be held as treasury stock	N/A
Specific authority for the issue, acquisition, or redemption,including a reference to the rule pursuant to which the issue,acquisition, or redemption is made	Authorised by a resolution ofthe Board. The placement isbeing made pursuant to NZXListing Rule 4.5.1.
Terms or details of the issue, acquisition, or redemption (forexample: restrictions, escrow arrangements)	The new shares will rankequally with all other fully paidordinary shares on issue.
Date of issue/acquisition/redemption2	1 December 2021
Section 3: Authority for this announcement and contact person
Name of person authorised to make this announcement	Shane Sampson
Contact person for this announcement	Shane Sampson
Contact phone number	+64 9 884 5916
Contact email address	investor.relations@serko.com
Date of release through MAP	1 December 2021

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).