SERKO LIMITED — Share Issue/Capital Change 2021

Dec 13, 2021

CAPITAL CHANGE NOTICE

Section 1: Issuer information

CAPITAL CHANGE NOTICE	CAPITAL CHANGE NOTICE	CAPITAL CHANGE NOTICE	CAPITAL CHANGE NOTICE
Section 1: Issuer information
	Section 1: Issuer information
	Name of issuer	Serko Limited (“Serko”)
	NZX ticker code	SKO
	Class of financial product	Ordinary shares in Serko Limited
	ISIN	NZSKOE0001S7
	Currency	NZD
	Section 2: Capital change details
	Number of issuances to which this notice relates	1
	Number issued/acquired/redeemed	36,091 ordinary shares
	Nominal value (if any)	N/A
	Issue/acquisition/redemption price per security	N/A
	Nature of the payment (for example, cash or otherconsideration)	No cash consideration was required to be paidrestricted share units to vest Non-cash conside	for therationto be.
		.is provided in the form of services rendered andrendered by the holders as employees of Serko
	Amount paid up (if not in full)	Fully paid
			pre-
	Percentage of total class of Financial Productsissued/acquired/redeemed/ (calculated on the number of	0.030% (to 3dp) of the ordinary shares on issuevesting.
	Financial Products of the Class, excluding any Treasury Stock,in existence)1
	For an issue of Convertible Financial Products or Options, the	N/A
	principal terms of Conversion (for example the Conversionprice and Conversion date and the ranking of the FinancialProduct 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 specifichi f iiiidi h f	Vesting of 36,091 restricted share units under tk 21 i h	he
	autorty or ssue/acquston/reempton/ (te reason orchange must be identified here)	Sero 08 Long Term Incentve Sceme
	Total number of Financial Products of the Class after theissue/acquisition/redemption/Conversion (excluding TreasuryStock) and the total number of Financial Products of theClass held as Treasury Stock after the	118,711,733 ordinary shares on issueThere are also 160,322 unlisted options outstan	ding,.eed
	issue/acquisition/redemption.	taking into account all forfeited options to date
		There are also 1,879,708 unlisted restricted shar
		units outstanding, taking into account all forfeit
		restricted share units to date.
	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,	Directors’ resolution, Listing Rule 4.6
including a reference to the rule pursuant to which the issue,acquisition, or redemption is made1The ercentae is to be calclated immediatel before the isse acisition redemtion or Conversion	including a reference to the rule pursuant to which the issue,acquisition, or redemption is made

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

Terms or details of the issue, acquisition, or redemption (for		The ordinary shares issued rank pari passu with the
example: restrictions, escrow arrangements)		existing ordinary shares
Date of issue/acquisition/redemption		13 December 2021
Section 3: Authority for this announcement and contact person
Name of person authorised to make this announcement		Sarah Miller
Contact person for this announcement		Sarah Miller, General Counsel
Contact phone number		+64 09 884 5916
Contact email address		investor.relations@serko.com
Date of release through MAP		14 December 2021

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, investor.relations@serko.com Incorporated in New Zealand ARBN 611 613 980