SERKO LIMITED — Capital/Financing Update 2018

Aug 6, 2018

Market Announcement

==> picture [33 x 50] intentionally omitted <==

7 August 2018

==> picture [451 x 5] intentionally omitted <==

Serko Limited – Trading Halt

Description

The securities of Serko Limited (the ‘Company’) will be placed in trading halt at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Thursday, 9 August 2018 or when the announcement is released to the market.

Security Code: SKO

Issued by

Jon Chow

Adviser, Listings Compliance (Melbourne)

Market Announcement 1/1 ASX Customer Service Centre 131 279 | asx.com.au

7 August 2018 ASX Limited

==> picture [46 x 62] intentionally omitted <==

7 August 2018

NZX Limited Level 1, NZX Centre 11 Cable Street Wellington NEW ZEALAND

By email

ASX Limited 20 Bridge Street Sydney, NSW, 2000 AUSTRALIA

REQUEST FOR TRADING HALT - SERKO LIMITED (NZX: SKO, ASX: SKO)

1. As NZX Regulation and the Australian Securities Exchange (" ASX ") is aware, Serko proposes to undertake a capital raising by way of a placement of new ordinary shares (“ Shares ”) to institutional and other eligible investors (" Placement ").

2. Pursuant to NZX Main Board Listing Rule 5.4.1(a) and ASX Listing Rule 17.1, Serko requests that trading in its securities quoted on the NZX Main Board and ASX (" Securities ") be halted prior to the opening of the market this morning. Serko expects to announce that it is seeking to undertake the Placement today. Serko also expects to announce the completion of the Placement in the next 24 hours.

3. The announcement of the Placement may be price sensitive for the Securities and / or otherwise material for Serko.

4. In relation to this request for a trading halt, Serko advises that the issue price for Shares under the Placement will be determined by way of a bookbuild process to be carried out today. The level of demand for the Shares and the issue price of the Shares will not be known until the bookbuild has been completed, and consequently the trading halt has been sought to facilitate an orderly market, consistent with what Serko understands to be normal practice.

5. Accordingly, Serko requests a halt in the trading of Securities from the time the market opens today until the time of the announcement that the Placement has been completed. This is expected to occur after market close this evening. Please note that there will be a separate announcement that the Placement is taking place and an investor presentation. However, the halt should continue to apply despite these announcements being made. It is only the announcement relating to completion of the Placement that should lift the trading halt on the Shares and Serko will confirm with you at the time that announcement is made that the halt should be lifted.

6. Serko is not aware of any reason why the trading halt should not be granted.

7. Serko has no other information necessary to inform the market about the trading halt.

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

3586859 v1

1

==> picture [46 x 62] intentionally omitted <==

1. Serko will advise you upon becoming aware if the announcement referred to above will not be made or if there is to be a change in timeframe.

2. Please contact Serko if you require further information in relation to the above.

==> picture [146 x 43] intentionally omitted <==

Susan Putt CFO/Company Secretary

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

3586859 v1

2